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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
CRUDE OIL Crude oil futures have fallen to hover above US$70/barrel during the week of October 20, 2008. A 7.5% drop in oil prices this wee...
The European Commission has cleared the creation of a joint venture between Dow Chemical Co. (DOW) and a unit of the Kuwait Petroleum Corporation. The two will jointly control the new com...
ExxonMobil Chemical is to demonstrate its leadership in films technology for flexible packaging and highlight solutions that deliver economic, performance and sustainability benefits. The...
UK-based Electronic Waste Company (EWC) and consumer electronics giant, Sony have inked a one year deal to recycle around 300,000 discarded PlayStation consoles and convert them into user...
Mexico's state-owned petroleum company, Pemex's September production of petrochemicals touched 1.014 mln metric tons of petrochemicals witnessing an YOY increase of 8.1%. Amongst the petr...
Amidst the potential curtailment in crude oil output from OPEC nations, the oil prices inched up 3% giving a tad push to the global oil markets. US crude rallied $2.40 to settle at US$74....
Japan's Teijin Ltd and Coca-Cola (Japan) Company Ltd produced a "Green Carpet" for the opening ceremony of the 21st Tokyo International Film Festival. The Green Carpet, made completely fr...
KraussMaffei's new AX injection moulding machine series with up to 60% greater energy efficiency and a 25% smaller footprint for a fully automated, completely enclosed production cell, wi...
The Denver Police Department in Colorado is the first US organization to adopt the new Protech Delta LT helmets made employing ultra-strong Dyneema® HB26 unidirectional (UD) composite fro...
Piber Group, Italian food packaging specialist is using Borealis' Bormod™ BJ368MO- a ground-breaking polypropylene (PP) block copolymer-for the production of wide range of injection mould...
Borouge, a leading provider of innovative, value creating plastics solutions, has recently inked a service contract with China's Enpro Supply Chain Management Limited to build the Borouge...
Ciech, largest chemical manufacturer in Poland has recently signed a letter of intent to acquire the only PVC maker in the country, Anwil for EUR 500 mln. Anwil is the fully owned subsidi...
The British Plastics Federation (BPF), UK's leading trade association has voiced concerns that a Chinese ban on imports of plastics for reprocessing could dampen UK's efforts to comply wi...
Smart Union, Hong Kong Stock exchange-listed toy processing company, announced that it was open for acquisition owing to rising debts, tightening credit, and the economic recession in the...
The Saudi petrochemical sector will witness a massive increase in capacity in H2 2008, securing the country's position as a global petrochemicals supplier, according to BMI's latest Saudi...
Industry sources believe that Kuwait's EQUATE Petrochemical Company is on verge on setting its second ethane-fed steam cracker at Shuaiba underway by the year end. Once operational, the n...
New York's main contract, light sweet crude for November delivery rose by over a dollar to US$72.97. Oil prices witnessed a one dollar rise as concerns mount about OPEC's possible plans t...
Polystyrene prices in Asia have plunged further south by hundred dollars along with falling feedstock SM and benzene values, as most buyers prefer to wait in the sidelines. Benchmark CFR ...
A collapse in end user demand in sectors such as automotive, construction, textile, rigid food and beverage packaging, triggered by the recent global economic downturn has affected polypr...
Producers of PP, ACN and phenol have drastically lowered their buy of feedstock propylene. This lackluster downstream buying has triggered a two hundred dollar dive in propylene prices in...
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