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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
SABIC Innovative Plastics has helped a personal mobility solutions provider -- Karbon Kinetics Ltd. (KKL) -- to develop a unique lightweight, electric bicycle. The 16.2 kg fold-up bicycle...
BASF announced it is increasing prices for all grades of Styropor® and Neopor® Expandable polystyrene by US$0.05 per pound effective July 15, 2009 or as contracts permit. This increase is...
A huge flaring has occurred at Nova Chemical’s Corunna site. The flare was caused by a steam pressure loss in Nova Corunna’s olefin unit. Loss of pressure coerced the company to take a co...
Saudi International Petrochemical Co (Sipchem) has hived off 11% stakes in two affiliates to Kuwait's Ikarus Petroleum Industries for SR240 mln (US$64 mln). Sipchem will realize a profit ...
Philippine’s largest oil refiner and retailer Petron Corp. plans to raise an estimated P15 billion by issuing preferred shares in Q3-09 to fund planned expansion projects for the year, pa...
China’s largest chemical maker; state-owned China National Chemical Corp (ChemChina) has restarted bidding for Dow AgroSciences at a cost estimated between US$5-7 billion. Dow AgroScience...
Japan’s JGC Corporation has been awarded a project to conduct a feasibility study for expansion of the refinery and chemicals complex in Rabigh by Saudi Aramco and Sumitomo Chemicals. The...
Light, sweet crude for July delivery settled at US$66.9 in New York- the lowest closing price since June 3. Monday witnessed a very sharp drop in oil prices as investors ponder over the w...
CRUDE OIL Crude oil prices dipped by over a dollar to US$71 per barrel in the week of June 22, 2009. Weak fuel demand despite data indicati...
Steer has released Omicron 12, a state-of-the-art, co-rotating twin screw lab extruder at NPE. The extruder has been conceptualized and designed to cater to the rapidly changing market r...
Metabolix announced that Telles, the joint venture between Metabolix, Inc. and Archer Daniels Midland Company that produces Mirel(TM) bioplastics, has developed its next generation of inj...
The Performance Polymers Business Unit of Evonik Industries, one of the world's leading suppliers of methacrylate chemicals, will raise the prices of its VISIOMER® Methacrylate Monomers w...
Gloucester Engineering, a leading player in plastics extrusion industry, introduced its new Centrum CS winder, a revolutionary blown film center surface winder capable of winding in forwa...
Solvay Advanced Polymers, LLC, has launched a pair of new wear-resistant Torlon® polyamide-imide (PAI) grades that deliver significantly better wear performance than other available Torlo...
Reichhold, Inc., leading manufacturer of unsaturated polyester resins and a supplier of coatings resins, announced an agreement to expand its distribution network in the U.S. Pacific Nort...
Kraton Polymers LLC (Kraton), a leading global producer of engineered polymers, recently announced the grand opening of its state-of-the-art Kraton Innovation Center (KIC) located on Park...
Beginning July 1, LyondellBasell Industries will concentrate its distribution activities in the United Kingdom on Brenntag UK and Ireland, which will serve as the official distributor of ...
The Dow Chemical Company announced regulatory compliance and product development breakthroughs for Polypropylene products ideally suited for use in injection molded and thermoformed food ...
Borealis has completed upgrade of its 300,000 tpa Borstar polypropylene (PP) production facility in Schwechat, Austria at an investment outlay of €35 mln. To meet the growing demand for P...
Premiums on naphtha cargoes for July lifting from India on free-on-board (FOB) basis have increased to US$25/ton- an 80% increase in premiums as compared to June. This price hike can be a...
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