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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
The thirteen month old lockout between Petro-Canada-Canada's no.4 oil exploration and refining company- and its workers at its 130,000 bpd Montreal refinery has ended with the workers sch...
U.S. based leading manufacturer of PET bottles for food and beverage markets, Constar International's Vertical Compensation Technology ™ (VCT™) - a technology of making panel-less bottle ...
AkzoNobel has agreed to acquire a 75:25 majority interest in its Kayaku Akzo Co. Ltd (KAC) joint venture with Japan's Nippon Kayaku. KAC has been a 50:50 partnership between the two compa...
LyondellBasell Industries, one of the leading polymers, petrochemicals and fuels companies will increase prices in Europe by EUR 50/ton on all of its polyethylene grades effective January...
China National Petroleum Corporation (CNPC) is reportedly expected to start construction work for its new Chengdu-based plant in Pengzhou shortly. The facility will house a 10 mln tpa oil...
Uncertain of benzene market movement and trends, cautious market players were conspicuous by their absence. As a result, prices steadied at last weeks' US$310/MT FOB Korea. Absence of mar...
Owing to the current global financial turmoil, Kazakhstan has stalled construction activities of oil refineries in Batumi and Ceyhan seaports (Georgia), a senior official of the KazMunaiG...
As demand from China continues to sound, firmness in the polypropylene markets has persisted, with CFR China January shipment deals getting concluded at US$785/MT CFR China. After success...
Leading worldwide supplier of catalysts, Johnson Matthey Catalysts has unveiled the new Snapcure2000 series titanium-based catalysts as replacement for mercury catalysts which are designe...
American specialty materials company, Momentive Performance Materials Inc. recently announced restructuring and cost-saving actions in response to the downturn caused by the current econo...
Chinese buyers who have sufficient stockpiles for the month are refraining from further deal conclusion on the expectation that prices would fall. If deteriorating crude oil prices plumme...
As per data released by the Energy Information, crude oil inventories fell for the second time in 13 weeks by 3.1 mln barrels in the week ended Dec 19, while gasoline and distillate stock...
Suppliers have suspended LDPE and LLDPE offers for January on limited availabilities, making the Asian markets almost dormant. Suppliers from the Middle East and South Korea continue wi...
China-the world's fourth-largest economy, grew at the slowest pace in 5 years in Q3-08 amid reduced export demand triggered by the global financial crisis. Exports fell for the first time...
Several downstream SBR, BR and ABS plants in China, Taiwan, South Korea and Japan have imposed production cutbacks or shutdowns. The resultant combination of deteriorating demand and moun...
Korea's Financial Supervisory Service (FSS) has announced downsizing of construction and shipbuilding businesses early next year. The other industries likely to get restructured leading t...
China's largest ethylene producer, Sinopec Shanghai Petrochemical Co Ltd has forewarned a loss for FY-08 driven by a 60% reduction in its major products largely due to drastic decline in ...
Polyone Corporation has recently updated its outlook for the Q4 - 2008. The company expects the revenues to go down by approximately 15% in the Q4 - 2008 compared to the same period last ...
Owing to low naphtha exports from India, Bharat Petroleum Corp Ltd (BPCL) has fetched a relatively high premium of US$35-40/ton to Middle East quotes, FOB basis on the recently sold 20,00...
NASA has named the multi-use "Polyimide Foam" as the 2007 NASA Commercial Invention of the Year by NASA. The foam insulates for sound, heat and cold with aerospace and down to Earth appli...
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