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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
Ticona Engineering Polymers' US-based plant in Shelby, North Carolina has received Green Partner certification from Sony Corporation, the global consumer electronics company. Sony gives t...
Oil prices have plunged to less than half of the record high prices peaked in July, closing at 14 month lows. Light, sweet crude for November delivery settled 6% lower at US$69.85 a barre...
Early next month, Saudi Ethylene and Polyethylene Company (SEPC) plans to start up a new of 1 mln tpa cracking unit and 400,000 tpa HDPE plant in Al-Jubail this year and begin commercial ...
Sinopec's decision in July to divert naphtha feedstock towards refined fuels has led to the closure of ethylene crackers, leading to a decline in polymer production and increased reliance...
Propylene prices in Asia plunged to three year lows at US$850/MT CFR FE. At this point, traders seem to want to liquidate stocks before yet another price dip. In a bid to cope with this ...
Lackluster demand and bearish market sentiments have dragged down LDPE, LLDPE and HDPE prices in Asia. Despite CFR China LDPE offers dipping below US$1400/MT, buying interest was seen no ...
Benchmark offers for ABS slid to US$1880-1920/mt CFR Asia in line with a plunge of feedstock values. Despite these low offers, buyers prefer to wait in the sidelines in anticipation of pr...
In line with oil prices that dropped below US$70 and lackluster buying in the region, open spec naphtha in Asia tanked below US$500/MT CFR Japan basis. As per a report by Platts, naphtha ...
India's Oil and Natural Gas Corp. needs to raise financing from the markets to the scale of Rs 150 bln (US$3.1 bln) for its projects that are currently underway. Six months would be the i...
Propylene market in Asia is facing a terrible situation signaled by reduced operating rates by producers, cancellations of term cargoes and sluggish derivatives demand. Crippled Asian dem...
Import of low-priced cargoes of phthalic anhydride (PA) into India from its Asian counterparts is a cause of serious concern for Indian PA producers. The sub-costs import of cargoes from ...
Lubrizol Corporation, Ohio-headquartered global specialty chemical company has announced to expand its Estane® Engineered Polymers product line with the purchase of the thermoplastic poly...
Bayer MaterialScience LLC (BMS) has unveiled a new polycarbonate/ polyester resin, Makroblend® UT5205 for plastic-over-metal moulding (metal-insert moulding) for applications in smaller, ...
Leading specialty materials company, Momentive Performance Materials has unveiled two breakthrough prepolymers -SPUR+ 3100HM prepolymer and SPUR+ 3200HM prepolymer-for industrial adhesive...
The banking crisis seems to have given way to recessionary concerns, keeping long term outlook negative. Oil prices dropped below US$71 - 13 month lows, as fears of recession fears elevat...
Weak demand from China's toy sector (a major end-user of acrylonitrile-butadiene-styrene (ABS)) has had a drastic impact on ABS market across Asia. The reason for weak demand has been dim...
Lacking in domestic production, Pakistan usually pays the highest price in Asia for polypropylene. But the country is currently witnessing unique PP pricing- where prices are being quoted...
Feedstock propylene prices fall to a new low of US$860/MT CFR China and prices in Asia for raffia/injection grade PP breached fresh lows of US$1180/MT CFR China mid week, before reboundin...
A US$2.4 bln petrochemical investment planned by Jurong Aromatics Corporation (JAC) has not been able to close its project financing, and has hence been delayed. Lack of financing is an u...
In an effort to generate added value and employment, Bolivia's petrochemicals investments are projected at US$3.45 bln for the period 2008-13. The industrialization of natural gas through...
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