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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
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...
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....
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