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Latest international plastic news, information and facts on plastics, polymer news, trends and developments in plastics industry. Subscribe to receive latest developments about plastic products, plastics trends, news & plastic information
Borealis has restarted its 620,000 tpa naphtha cracker at Stenungsund, Sweden, shutdown due to technical glitches. The plant was restarted after more than two-weeks and is running at its ...
Saudi Aramco has sold its second spot naphtha exports in two months from Ras Tanura refinery. The 50,000 ton cargo for September lifting follows restart of a 44,000 bpd hydrocracker in la...
Qatar’s Tasweeq has signed a term contract with 4-5 buyers for shipments of a total 120,000-150,000 tons of naphtha a month, equally to 60-75% of output from its new Ras Laffan condensate...
After three and a half years of negotiations and talks, South Korea and Indiahave decided to reduce or eliminate tariffs by signing a comprehensive economic partnership agreement, (CEPA) ...
Saudi Ethylene and Polyethylene Company (SEPC) has successfully started up its world-scale low density polyethylene (LDPE) plant based on the Lupotech T process technology. This LyondellB...
Cochin based Mfar Group, Oman Oil Company, Kochi Refineries Ltd (KRL) and Kerala State Industrial Development Corporation (KSIDC) will jointly set up a new propylene oxide plant. Results ...
Natural polymer demand is expected to grow at 6% pa to US$5 billion in 2012, reaching 2.3 billion pounds, as per a report by Reportlinker. Gains will be stimulated by increased levels of ...
Deteriorating market conditions that have led to unenthusiastic demand has triggered lay off of about 100 workers in Cleveland County. The 150-employee facility is in the Earl community, ...
The Dubai Gold and Commodities Exchange (DGCX) plans to wait for market conditions to improve before it launches its plastics future. The DGCX seeks encouraging feedback from the region's...
As part of a new channel management strategy to position for growth after the current economic downturn, DuPont Engineering Polymers has planned changes to its North American-based distri...
Crude oil prices have risen to levels of US$72/barrel spiking in the week from levels below US$63/barrel on investor optimism regarding recovery in the US economy. Oil prices have risen d...
Indian Oil Corp’s 15 mln tpa refinery at Paradeep is progressing well and will be completed by March 2012. The construction of the 15 mln tpa refinery is expected to start by this Decembe...
A team of researchers in the University of Minnesota's Institute of Technology, have developed a more energy-efficient method of chemical separations that could revolutionize processes in...
Ineos Group Holdings Plc, plans to shutter its Grangemouth cracker for regular maintenance. Shutdown of the KG ethylene cracker has been commenced and is ongoing since last week.
The Asia Pacific region has more than 10 mln tons of planned capacity additions accounting for more than 50% of the global planned capacity additions until 2015. The demand growth in rapi...
Dow Chemical Co. plans to issue US$2.75 bln in new public debt to pay off a bridge loan used at the time of purchase of Rohm and Haas Co. The US$2.75 bln has been priced in a three-part o...
Open spec spot naphtha cargoes were assessed by ICIS Pricing at levels of US$637-647/ton CIF (cost, insurance and freight) NWE (northwest Europe) down by US$16/ton CIF NWE on the buy side...
Indian Oil Corp (IOC) has sold 30,000 tons of naphtha for early-September lifting from Kandla to Itochu at premiums upto US$15/ton to its own pricing formula, on a free-on-board (FOB) bas...
As Lyondell Chemical Co contends with a lawsuit brought by a creditors committee, it has sought a six-week extension of its bankruptcy loan until Jan 31. The lawsuit seeks to recover as m...
Five people have been injured in an accident at Total SA petrochemicals plant in the northern town Gonfreville-l'Orcher. During maintenance, workers on a scaffolding fell into a vat that ...
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