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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
In a much anticipated reversal of the Delaware Court of Chancery's controversial opinion in Ryan v. Lyondell Chemical Co., the Delaware Supreme Court recently reaffirmed that Delaware la...
US-Asia propylene arbitrage has shut following a rise in US domestic refinery-grade C3 prices as per ICIS.Q1 and beginning of Q2 saw large cargoes of US and European aromatics, olefins an...
Light, sweet crude for June delivery rose to US$54.4, triggered by increased investor confidence that the US economy is stabilizing on better-than-expected readings on pending home sales ...
ExxonMobil has shuttered several petrochemical units at Singapore Chemical Plant (SCP) for planned maintenance turnaround for about two months. However, the units that have been shut are ...
Texas Petrochemicals, Inc. (USA), announced to cut its overall C4 processing and butadiene production capacity, including headcount, through the idling of certain assets at both its Houst...
PolyOne Corporation (USA), a premier provider of specialized polymer materials, announced it will extend its sustainable PlanetPak™ Packaging System as the standard container for color an...
Emirates National Oil Company's (ENOC) wholly owned subsidiary Horizon Terminals has set underway the second largest chemical terminal in the port of Ulsan (South Korea) with its JV assoc...
Aromatic Oman, a joint venture between Oman Oil Company (60%), Oman Refinery Company (20%) and LG International Corporation (20%), will set commercial production of its Sohar Industrial P...
Bayer MaterialScience LLC is entering the North American personal care industry with its novel new line of Baycusan® polyurethane cosmetic ingredients, which is based on two technology pl...
Packaging applications are expected to drive growth in demand for polyethylene film in Russia, as per a report by AMI. According to AMI, there have been many recent investments in Russian...
BASF's Q1-09 profits of US$499 mln indicated a 58% drop as compared to Q1-08, prompting the company to cut 2,000 positions worldwide as it fights weak product demand. Income dipped 68% fr...
Texas Petrochemicals plans to reduce its headcount by 13% across the board at all of its plants including Port Neches, Houston, Baytown and a product terminal in Lake Charles. At Port Nec...
A new vinyl-alcohol resin that features high amorphous content with the capability to tailor crystallinity has been developed in Japan. Applications of the new material, Nichigo G-Polymer...
Propped by enhanced consumer confidence in USA- as Americans get more confident about the economy, and indications that OPEC is complying with agreed cuts at record levels has pushed oil ...
MANN+HUMMEL (Germany), a leading original equipment supplier to the automotive industry, recently won an award for innovative application of plastics by VDI Werkstofftechnik (Materials En...
INEOS NOVA, a leading provider of styrene and styrenic polymers, announced its second price hike for all Polystyrene products in Europe. Effective May 01, 2009, the prices for polystyrene...
EQUATE Petrochemical Company (Kuwait), announced that it has restored production rates at plants in Shuaiba Industrial Area complex as the ethane feedstock levels returned to normal. The ...
BASF has increased prices for PolyTHF ® (Polytetrahydrofuran) worldwide effective April 30, 2009 or as the contracts allow due to unsatisfactory margins. The prices will go up by EUR 75/m...
Global specialty chemicals maker Chemtura Corporation announced that it has received a final approval of its US$400 mln debtor-in-possession (DIP) credit facility by the United States Ban...
Kraton Polymers LLC (USA), a leading global producer of engineered polymers announced an innovation with proven ability to double styrene-butadienestyrene (SBS) modification levels in pre...
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