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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 move to prevent the devastation of small-to-medium enterprises (SME) by the global economic crisis, China's petrochemical majors are being compelled to cut output. 67,000 previously ...
Naphtha has dipped below US$250/MT, currently standing at 5 year lows after witnessing a steep plunge from all time highs of US$1200 in July. Interestingly, oil prices have about halved s...
A barrel of light, sweet crude for December delivery dipped to US$63.25 on the New York Mercantile Exchange. As recession in USA seems imminent and demand from China fails to lift, oil pr...
Solutia Inc., an American company into performance materials and specialty chemicals company reported a 29% increase in net sales and a 48% increase in Adjusted EBITDA (Earnings before in...
LyondellBasell Industries has launched a new range of butene-1 based polymers, marketed under the trade name Koattro, mainly for customers for manufacturing of elastic applications such a...
The Dow Chemical Company reported a record breaking Q3 sales of US$15.4 bln for Q3 2008, 13% higher than the same period last year. The company's Q3 2008 net income stood at US$428 mln as...
Progressive Components, America's leading supplier of components to the production tooling industry, introduces its new Friction Puller for parting line control. Progressive's Friction Pu...
Leading global developer, manufacturer and marketer of highly engineered specialty chemicals-reported Q3 2008 net income of US$56.2 mln compared to US$59.1 mln for Q3 2007. The Company re...
Addressing China Chemicals Industry Conference in Shanghai, a senior executive with Shell Chemicals has projected China to consume in excess of 50% of the global mono ethylene glycol (MEG...
As global economic slowdown seems imminent, US demand continues to slacken, affecting buying in China. Key processors in China supply finished products mainly to US markets, and have cut ...
Domestic PVC prices in China continue to fall in line with deteriorating market sentiments. Also, falling ethylene based PVC prices are exerting constant pressure on prices of carbide-bas...
Styrene Monomer prices in Asia have plummeted below US$550/MT FOB Korea on subdued demand, bringing down prices of derivatives PS and ABS. Falling butadiene prices at around US$1200/MT ha...
Weakening demand and continuous build up of oil stocks has undone most of the previous price predictions. Merrill Lynch has revised its earlier forecast of US$107/barrel of oil in Q4, to ...
India's state-owned Gas Authority of India Ltd (GAIL) has inked a memorandum of understanding (MoU) with Indian Oil Corp (IOC) for exploring the option of setting up a Rs. 10,000 cr petro...
The Shell Global Solutions OMEGA (Only MEG Advantage) Technology team has recently won the prestigious SELLAFIELD LTD AWARD FOR ENGINEERING EXCELLENCE at the IChemE awards ceremony in Bir...
Borealis' high-performance Daplen™ thermoplastic olefin (TPO) polypropylene-based compounds were chosen by Volkswagen Group's Skoda Fabia Roomster generation. Apart from attaining a high ...
Deteriorating markets and poor economic conditions have compelled Equistar Chemicals, LP to idle the olefin unit at La Porte, Texas until early 2009. Production capacity at the La Porte o...
As a further move by Dow into the higher-margin specialty chemicals market, it is to acquire Rohm & Haas Co. Rohm & Haas Co. shareholders have approved a US$15.3 bln buyout. Including deb...
The European Union has approved a new waste management framework directive boosting minimum recycling rates for plastics and other household wastes. The same potentially applies to indust...
Crude oil prices have fallen by over 37% in the month of October - Crude for December delivery dipped to US$63.12 a barrel. Prices seem poised for their largest single month drop since ...
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