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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
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...
As the decline persists in both crude as well as naphtha prices, European contract cracker margins are threatening to breach levels of €1,000/ton ($1,351/ton), as per ICIS. Naphtha was cu...
In a bid to improve industry competitiveness, the Government of India has removed 14 products from the list of items that can be exclusively manufactured by the small scale industries, cu...
Specialty Chemical group, LANXESS AG-which held 70% shares in Brazilian producer of elastomers, Petroflex S.A-has further acquired 27% for EUR 60 mln, giving it a total interest of around...
Taiwan's Formosa Plastics Group (FPG) has recorded a year-on-year (YOY) decline of 10.1% for combined sales (US$3.29 billion) in month of September and month-on-month decline of 26.34%. T...
Autoliv Inc., a the global leader in automotive safety systems has developed a new material-a thermoplastic substance injection molded onto the magnesium or steel structure-for steering w...
UK-based recycling company, AWS Eco Plastics has opened Europe's largest reprocessing centre at its Hemswell plant for plastics recycling capable of handling 2 bln plastics bottles and co...
PolyOne Corporation, have unveiled its OnFlexTM BIO Series soft thermoplastic polyurethane (TPE-U) compounds which are made from renewable natural sources and are based on at least 20% re...
DuPont has unveiled new super-fast (SF) grades of its Crastin® PBT thermoplastic polyester which can reduce the cycle time for molding polybutylene terephthalate (PBT) parts by 30% and cu...
Chile's petrochemicals industry is relatively small compared to other Latin American countries. The nation is heavily dependent on Argentina for its natural gas and power supplies due to ...
Despite its relatively weak oil and gas reserves situation, South Africa provides the most low-risk option for the petrochemicals industry and possesses the continent's second-largest ref...
Naphtha prices in Asia have dropped by over 50%, halving since early August. Cargoes for H1-December loading were pegged at US$443.50-444.50/ton (€328.19-328.93/ton) CFR (cost and freight...
As the newest study from Ceresana Research shows; in recent years, the worldwide PP market carried a volume of 45 million tons and a value of approximately 65 billion US-Dollars (47.4 bil...
Thai petrochem company, PTT Aromatics and Refining (PTTAR) plans to up the capacity of benzene and paraxylene to 100% at its No.2 petrochemical complex by 2009. The Map Ta Phut-based petr...
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