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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
Nippon Oil Corporation (NOC), which sources benzene to Asahi Kasei, BASF and Mitsui Chemicals through Asian Contract Price (ACP) saw a drop in September benzene ACP relative to its August...
Taiwan-based world's largest processor of plastics for pipes and imitation leather, Nan Ya Plastics Corp exhibited a significant 10% decline YOY in the Q2 net profit due to inability of t...
Europe saw the first bridge completely made of plastic and installed in Germany which is expected to last up to 50 years without any repairs. Weighing 80 tons, the bridge's carriageway sl...
Pirates from Somalia hijacked Bunga Melati 5, a chemical tanker owned by Malaysian national carrier MISC on August 29 in the Gulf of Aden (off the cost of Yemen). Bunga Melati 5 is a seco...
Japanese firm, Mitsui Chemicals Inc. (MCI) has decided to begin construction of a test facility which will be used to continue the company's efforts to develop a methanol synthesis proces...
Minnesota-based RTP Company, a global leader in specialty thermoplastic compounding has supplied its RTP 2700 Series styrenic-based TPE (Thermoplastic Elastomer) to Sioux Chief Manufactur...
Uflex, India's packaging producer has selected Mexico for installation of its US$108 mln polyester film project. The company said that the 125,000 tpa flexible plastics film plant will be...
Huntsman Corporation announced that it received notice of an independent shareholder initiative to invest at least US$500 mln in Hexion on the closing of the merger between Hexion and Hun...
Following the reduction in operating rates by several Japanese petrochemical firms, South Korean energy firm, SK Energy has decided to curtail the operating rates by 20-25% at its No.1 na...
The change in legislation of Egypt's energy sector strategy has perplexed the major international oil companies. Among other sector companies, petrochemical companies will be subject to a...
Since August 2008, which is when the European Union's GMP (Good manufacturing Practice) regulations for materials that come into contact with food products have gone into effect, BASF wil...
Propylene Fractionation Column (PFC), the tallest column in the Shell Eastern Petrochemicals Complex (SEPC) project's entire infrastructure was safely and successfully lifted into place a...
China's third largest oil producer, CNOOC (China National Offshore Oil Corp) has decided to outlay CNY 45 bln (roughly US$6.6 bln) for expansion of its new Guangdong-based Huizhou oil ref...
KraussMaffei is unveiling a new, electric, energy-efficient injection moulding machine range - the AX - and setting new standards for sustainable production systems. The new machine range...
Polypropylene sentiments continued to be gloomy in markets of China in several provinces. A section of domestic sellers who have run out of stocks prefer to be in the sidelines, while ano...
Following its Japanese counterparts -Sumitomo Chemical Co, Mitsui Chemicals Inc and Asahi Kasei Corp, Mitsubishi Chemical Corp plans to lower production at its naphtha crackers. Sumitomo ...
Several SM plants across Asia had cutback operating rates last week- The recently restarted Styrindo Mono Indonesia's 100,000 tpa SM plant is operating at 80-90% capacity. S.Korea's Lotte...
Despite firmer prices of feedstock Styrene Monomer, Polystyrene offers in Asia have dipped to lows of US$1650/MT CFR China, as many sellers face increasing pressures to sell. Even at thes...
Ethylene suppliers in Asia dropped prices by over fifty dollars last week in response to continuous lackluster buying that increased pressures to sell. Prices this week have maintained at...
Titan Chemicals Corp. Bhd. Has posted RM 3.7 billion in revenue and RM 206.7 million in profit after tax (PAT) for Q2 of this year as a result of the contribution of Butadiene, a new prod...
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