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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
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...
Owing to a minor crack in the piping joint, Japan's Mitsubishi Chemical Corp had temporarily closed downed its naphtha plant in Mizushima plant. The plant, which has the ethylene producti...
The new petrochem projects in the pipeline for state-owned Indian Oil Corp may be affected due to the crippling global financial situation. The company is making preliminary assessments o...
South Caucasian nation of Azerbaijan is expected to see the commencement of a new large scale petrochemical complex by 2009. The modern petrochemical project, to be located in industrial ...
Indian petrochemicals demand is expected to grow at 14-16% average annual growth over 2007-2011 according to BMI's latest petrochemical report. The Government anticipates the deficit of 5...
PolyOne Corporation-a leading provider of specialized polymer materials, services and solutions-and its Japanese affiliate, PolyOne Japan Kabushiki Kaisha (PolyOne Japan Ltd.), have annou...
DSM Engineering Plastics has unveiled Arnitel thermoplastic copolymer-based elastomer (TPC) for use in wide range of automotive and industrial tubes and hoses from brake tubing and pneuma...
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...
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