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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
The US packaging industry is likely to face a rough road ahead towards the end of 2008. The major factors leading to this situation are the record hgh raw material costs, recession in the...
Ticona Engineering Polymers, the world's largest supplier of linear polyphenylene sulfide (PPS), has announced a new grade of Fortron® PPS that reduces the amount of chlorine contained in...
Under pressures of feedstock shortage, SABIC Innovative Plastics has declared force majeure (FM) on ABS and SBR products in North America. Compelled by prolonged tight supply from butadie...
Production of on-spec polypropylene has commenced at Lotte Daesan's new plant, that was supplied with propylene for the first time on July 15. Commercial operations at the new 300,000 tpa...
Naphtha prices have plunged by over hundred dollars in a couple of weeks. From record highs of US$$1245/ton on July 4, naphtha is now trading below US$1100/ton CFR Japan. With this fall i...
PetroChina Sichuan Petrochemical Co., Ltd. (PetroChina Sichuan) has selected UNIPOL™ Polypropylene Process Technology from Dow Technology Licensing for its new 450,000 tpa polypropylene f...
Propylene price hike has claimed another victim- Cytec Industries has slashed production rates by 25% at its 227,250 tpa Fortier plant in Louisiana. Cytec has exited out of the spot marke...
China Petroleum & Chemical Corporation (Sinopec) has commenced commercial operation of the 8 mln tpa Hainan Petrochemical refining project. The plant is expected to produce 5 million tons...
Oil prices, which hit record highs above US$147 dollars a barrel earlier this month, tumbled several dollars to US$122. As oil prices continue to decline and economic news coming in is be...
Linhuan Coking Company has selected LyondellBasell's Aromatics Extraction process for a new 80,000 tpa plant to be built at Huaibei, Anhui Province, China. Start up is scheduled for 2009....
Foster Wheeler Ltd. announced on July 28 that its UK-headquartered subsidiary Foster Wheeler Energy Limited, part of its Global Engineering and Construction Group, has been awarded a cont...
Manchester-based recycler Axion has set up a laboratory in response to the Waste Framework Directive and REACH (Registration, Evaluation, Authorisation and Restriction of Chemical substan...
Out of the four naphtha cargoes (108,000 tons), Bharat Petroleum Corp Ltd (BPCL) has traded two of them totaling to 54,000 metric tons at a relatively high premium despite feeble market s...
With an aim to position KAEC Plastics Valley as a global center of excellence in the plastics sector, Emaar, The Economic City (Emaar.E.C) developing King Abdullah Economic City (KAEC) ha...
An attack by militants on Monday in Nigeria targeted two pipelines believed to be owned by a unit of Royal Dutch Shell PLC. A pipeline is believed to be damaged in attacks and some crude ...
As a next step in its strategic transformation, PolyOne Corporation has announced that it is realigning few manufacturing assets, primarily in North America. The decision to realign asset...
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...
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