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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
Oil prices recoiled after surprisingly good US industrial output figures, but later fell amid more warnings of layoffs and reduced demand. As concerns of deteriorating demand amid slowing...
PVC prices are expected to pick up in Asia as the market awaits next month offers. Most PVC deals for the month have been concluded and sellers prefer to wait and watch for effects of th...
India's Haldia Petrochemicals will lift 300,000 tons of naphtha for December 2008-November 2009, accepting KPC's US$2/ton premium to FOB Middle East quotes. With this, HPL becomes KPC's ...
India's engineering and construction major - Larsen and Turbo has been awarded a total of 4 EPC contracts worth Rs1,637 crore in this year. The projects include two water supply projects,...
This week, propylene prices strengthened by almost US$150/MT in Asia, as demand in China improved. FOB Korea December shipment propylene was up to levels of US$425/MT. Polypropylene price...
China has announced an unprecedentedly huge economic stimulus package worth 4 trillion yuan (US$586 bln) to be infused by the end of 2010. The package is aimed at boosting domestic demand...
The massive buildup of ethylene capacity in the Middle East and Asia is progressing at a rapid pace initiating another down cycle. From 1995 to 2008, ethylene capacity increased by over 2...
CRUDE OIL Crude oil futures dipped below US$56 in the week of November 17, 2008, as OPEC's plans of another output cut currently seem confo...
Scientists at Germany's University of Duisburg-Essen and the Helmholtz Centre for Environmental Research (UFZ) have found an enzyme which could be used for the biotechnological production...
At the International Synthetic Resin Conference 2008 in Hangzhou, China, Dalian Commodity Exchange (DCE) expressed a need to enhance the petrochemical futures system, Mondovisione.com rep...
Indian state-owned oil refiner, Mangalore Refinery and Petrochemicals Ltd (MRPL) has sold a 30,000 tons parcel for mid-December from New Mangalore to Europe's Vitol at a markdown of US$19...
Rosneft, Russia's government-owned oil company is presently undertaking pre-project feasibility study for a petrochemical complex in close proximity to Nakhodka, a harbour near Vladivosto...
US specialty chemical maker, Ashland Inc. has recently acquired Hercules Incorporated, creating a leading specialty chemicals company serving many of the world's most essential needs and ...
BaySystems™, the umbrella brand for the global polyurethane systems operations of Bayer MaterialScience, has won Energy Star partnership for its Bayseal™ CC and PP grades of energy-effici...
A flaring warning has been issued indicating the preparedness of the Wilton Cracker to come back online.At least 48 hours worth of flaring was expected from today as SABIC brings its Olef...
Chemical Market Associates, Inc. (CMAI) has announced the completion of the 2009 World Light Olefins Analysis, an annual global study that covers the future outlook for supply, demand, pr...
As inventories continue to pile up, 4 petrochemical producers in Indonesia, namely PT Chandra Asri, PT Titan Petrochemical, PT Tri Polyta, and PT Politama, may soon terminate operations. ...
An investment upto US$15 bln is being planned by Taiwan's Formosa Plastics in a large scale petrochemical complex in Sabah, Central Vietnam. A detailed study being conducted since 2006 al...
The SK Group plans to build a massive petrochemical factory in Peru, a country with abundant natural resources in Latin America. The companys' chairman accompanying President Lee Myung-ba...
Latin America has potential for growth in the petrochemical sector, but the next few years will be a challenge as the world enters a period of global recession, as per a presentation by a...
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