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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
Japan's Taiyo Oil Co., with benzene capacity of 400,000 tpa, has reduced operations at Ehime by 20% until end of year. However, operations at its benzene and MX lines at Kikuma will remai...
The Board of Lucite International Group Ltd has announced commencement of methyl methacrylate (MMA) production at world's first Alpha plant located on Jurong Island in Singapore. Alpha ...
Despite signs from OPEC of another output cut if prices keep falling and amid signs of slowing demand from China, oil prices have dropped to price levels unseen since March 2007. US crude...
Formosa Plastics has planned to restart, by next week, its 450,000 tpa polypropylene plant shut since mid-October. The plant, located at Ningbo, China, was shut as the petrochem major fac...
CRUDE OIL Oil prices ended the week of November 10, 2008 on a slightly improved note, despite a volatile week. Light sweet crude for Decemb...
Bayer MaterialScience, a leading polyurethane raw materials and polyurethane systems supplier, has recently inaugurated its new polyurethane systems house in Guangzhou, China. The company...
The worldwide provider of polymer-based innovations and systems, REHAU's AWADUKT Thermo ground - air heat exchanger has been specified for a new Wembley Manor Primary School in the London...
Should Tasnee Petrochemicals (Saudi Arabia) be offered a stake in Jizan refinery complex in Saudi Arabia, the company is considering to establish a 1.5 mln tpa naphtha cracker complex by ...
Adding to the overcapacity of naphtha in the Asian region amid weak petrochem demand, India's Mangalore Refinery & Petrochemicals Ltd. (MRPL) has tendered to sell of 30,000 tons of naphth...
Reduction Engineering, Inc., American company and a worldwide supplier of pelletizers, pulverizers, and rotational molding equipment has purchased the pelletizer business of C.F. Scheer &...
Japan's Oji Paper Co. has developed the industry's thinnest propylene film for the capacitors used in hybrid cars, reports TradingMarkets.com. The new film is only 2.8 microns thick, vers...
SABIC has recently announced a polypropylene product development breakthrough by introducing SABIC® PP FPC55 into the European Packaging market during the AMI Thin Wall Packaging 2008 eve...
Saudi Basic Industries Corp (SABIC) expects its Q4 earnings to be hit by a rapid slide in prices and a slowdown in demand due to the global financial crisis. The world's largest chemical...
Ineos Olefins & Polymers USA plans to shut down two polypropylene (PP) bulk phase units at La Porte, TX by early 2009. One of the two lines at La Porte will close by the end of 2008; the ...
Asian processors, who are saddled with huge stockpiles, prefer to draw on their stocks to meet the needs of reduced production as they wait for demand to return to normalcy, demand in Asi...
Supply constraints and robust demand propelled petrochemical prices to all time highs in July. Concerns of further price hike led to inventory stockpiling with most players. However, the ...
PTT Chemical has shut its 300,000 tpa MEG plant for a month-long scheduled maintenance turnaround to expand capacity by an additional 95,000 tons. Capacity increase is also planned at it'...
China, a key player in the world economy has announced a US$586 bln economic stimulus package to boost its floundering economy. This announcement was welcomed with a more than 4 dollar su...
Deteriorating demand and pessimistic outlook for polymer markets as US economy heads fro recession, have compelled Equistar Chemicals, a subsidiary of LyondellBasell to idle its olefin un...
Export sales of several Chinese processors is down by about 30%- caused by evaporating orders due to the financial crisis as well as housing calamity in USA and Europe. Many players expec...
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