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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
US demand for plastic film is forecast to grow at 2.6% annually up to 2012 as per a report by Freedonia Group. By 2012, polymer consumption in this sector will rise to 7.3 mln tons, value...
Petrochemical producer's bottom line is estimated to suffer a set back in H2 on account of rising oil prices and slackening consumption. Margins are estimated to sink below last year´s 9%...
Rhodia Polyamide has announced a temporary surcharge for its Nylon 6.6 products to compensate for exceptional Butadiene crisis situation. Availability of Butadiene recently worsened due t...
PKN ORLEN has embarked upon construction of a 600,000 ton purified terephthalic acid plant (PTA) to be operational on its premises adjacent to ANWIL Wloclawek. The contract has been awa...
Dubai-based Taghleef Industries (Ti) and Brückner Maschinenbau GmbH & Co. KG successfully completed the expansion of Ti´s subsidiary in Oman featuring the new high performance 8.7m wide B...
As per a notice filed with the Texas Commission on Environmental Quality, USA's Total Petrochemicals expressed intent to resume operations at the nine units of its 232,000 bpd Port Arthur...
Mumbai-based South Asian Petrochemical Ltd (SAPL) has expressed an intention to abandon the proposed 70:30 JV for the PET resins with Egyptian Petrochemicals Holding Company (ECHEM) and E...
Asia's largest toluene importer, China has reduced imports due to a limited domestic demand, transport restrictions and an expected rise in supply of toluene from the newly added domestic...
China continues to be the leading growth driver for the Polyurethanes industry and considerable investment is focused here, as future growth expectations continue to exceed 10% pa. The in...
South Korea SK Energy plans a maintenance shut down at its 185,000 tpa Number 1 naphtha cracking unit in the first week of October, from 4th to 8th.
Monday morning saw oil prices rise in Asian trade, despite the market facing signs of slowing demand and rising supply. New York's main contract, light sweet crude for September delivery,...
Japan's Fair Trade Commission has conducted raids on the offices of 4 companies, suspecting them of conspiring to increase the price of polyethylene sheet used in insulation materials. Th...
Operating rates at Yibin Tianyuan Chemical Co.'s PVC plant have been brought down to 70% capacity. Sichuan Jinlu Group Corp is currently persisting with a 50% reduction in operating rates...
Severe hikes in cost of energy and raw materials has affected bottom line at Dow Chemical Co - the world's second-largest chemical company. Despite record sales and two double-digit price...
A sharply fall in oil markets, dipping oil prices below US$130 per barrel in the week has also affected prices of Styrene Monomer. Pressured by falling feedstock values and declining dema...
A collision between a barge and tanker spilled more than 419,000 gallons of fuel oil into the Mississippi River, closing a stretch of the waterway. This is the largest oil spill on the ri...
While the swell in naphtha prices is trespassing all the expectations, the chemical producers in Japan including Mitsui Chemicals and Mitsubishi Chemical Corp. are taking rigid steps of c...
The Troisdorf Extrusioneers will be represented in the economically important three-country region Germany, Austria and Switzerland with a focus on "wood extrusion and extrusion component...
Saudi Basic Industries Corporation (SABIC) reported preliminary consolidated net profits of SR 14.5 bln for the first six months ending June 30, 2008 compared with SR 12.8 bln in the same...
To combat soaring energy and hydrocarbon feedstock costs, Dow Europe Gmbh has brought to halt its production of polystyrene grade resins from July 21, 2008 at its Terneuzen plant in the N...
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