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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
Sibur Neftekhim has awarded to Technip, a lump-sum engineering and procurement contract for expansion of its ethylene plant in Kstovo, Russia. Value of th econtrat awarded by Sibur Neftek...
Bayer MaterialScience has successfully started production at its new 350,000 tpa diphenylmethane diisocyanate (MDI) complex-the world's largest MDI facility-at the Bayer Integrated Site S...
Crude-oil consumption in China will rise 5% to 8.4 mln bpd in 2009, a per International Energy Agency (IEA). In an effort to reduce dependence on fuel imports, China Petroleum & Chemical ...
China National Offshore Oil Corporation (CNOOC) has received approval from the National Development and Reform Commission (NDRC) to construct a refining terminal at its Huizhou Port-based...
According to a report by RTT News, Japan's imports of gasoline and naphtha dropped 2.7% year-on-year (YOY) in September with total volume imported standing at 2.2 mln kiloliters. However,...
Floundering propylene values corresponding with weakening crude and naphtha prices have triggered a US$200 fall in polypropylene prices in Asia. Sellers offers from South Korea and Singap...
Hushed demand from Asia - particularly China, and persistently falling input costs have brought down prices of ABS and PS in Asia. Though sellers from South Korea and Taiwan have quoted...
Lackluster downstream demand from Asia has pressured ethylene prices to fall again. This will lead to yet another round of price corrections. Over the past weeks, ethylene prices have bee...
OPEC has called for an extraordinary meet on 24th of this month, expectantly to mull an output cut plan of 1-2.5 mln bpd in a bid to fight deteriorating oil prices that have more than hal...
Slowing demand for ethylene derivatives in Asia has continued Sanyo Petrochemical's run of operating its only steam cracker at 95% for third straight month since August. The global recess...
According a report in Tehran Times, Iran's export of the petrochemicals has reached US$6 bln for the period between March 20 and October 20 (first six months of Iranian calendar) as said ...
Since the end of September, BASF has reduced its worldwide production of caprolactam to about 65%. The production of caprolactam-used in manufacture of plastic polyamide 6-will be reduced...
Dow Hyperlast has unveiled VERDISEAL, a verdant roof membrane waterproofing system that balances economic high performance with flexibility in installation and use to overcome problems wi...
LyondellBasell has unveiled first propylene-based copolymer, Pristene RM2091 which exhibits ultra-high transparency/low-melt flow for use in extrusion blow molding applications and forms ...
Insulfoam-a division of Carlisle Construction Materials and US' largest maker of block-molded expanded polystyrene insulation-have announced that the company's Marlin-based plant in Texas...
The Republic of Korea has selected protective helmets for its army which feature Dyneema® HB26 material to obtain the optimum combination of fragment-stopping performance and light weight...
Engineering, procurement and construction (EPC) contracts awarded in the Gulf petrochemicals sector for 2005 totalled to US$17.5 bln and US$16.3 bln in 2006. The value of EPC contracts fo...
Three ex-employees of Mitsui & Co's Singapore oil trading arm have been charged in Singapore. Former naphtha trader for MOA - Noriyuki Yamazaki was charged with falsification of documents...
In the pharmaceutical sector the need for a product recall can ultimately be a matter of life or death. Product recalls are extremely costly to the pharmaceutical industry: the financial ...
Q3 profits at DuPont have dropped by 30% to US$367 mln, caused by loss of production due to hurricane damage and weakening economies of North America and Western Europe. This scenario has...
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