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News from Plastics Industry

Daily updates on naptha, oil, plastic, raw material, and price movements. News on crackers and plastic plants. Information on developments in plastics packaging, packing products, additives for plastics, new plastic raw materials, and plastic products.
News from Plastics Industry Blog  
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Indorama Ventures submits draft prospectus for exchange offer to IRP shareholders

Nov 30, 2009
As part of its shareholding and management restructuring plan, petrochemical producer Indorama Ventures Public Company Limited (IVL) has filed a registration statement and draft prospectus (the Filingg) with the Office of the Securities and Exchange...

Rücker AG forays into chemical and petrochemical plant construction

Nov 30, 2009
Wiesbaden-based Rücker AG will be extending its commercial activities and also operating in the field of plant construction engineering. Central location for the new business operations will be Düsselldorf. For more details on Rücker AG forays...

China's stimulus spending fuels massive overexpansion could lead to protectionist measures from overseas markets

Nov 30, 2009
China's stimulus spending has fueled massive overexpansion in industrial capacity that could drive a surge in low-priced exports amid weak global demand, possibly igniting a protectionist backlash abrroad, as per the European Union Chamber of Commerce...

Polypropylene markets in Asia under duress from rising propylene values

Nov 30, 2009
From levels of US$960/MT FOB Korea in H1-October, H2-December propylene prices have spiked past US$1100/MT in Asia. The key factor behind these robust gains has been restricted supplies in the region as producers in South Korea, Taiwan and Japan...

Expected ethylene supply glut from the Middle East trims to trickle

Nov 30, 2009
The anticipated supply glut from the Middle East in H2-200 has trimmed down to a trickle as plant start ups get delayed. Following delays of about 7-8 months, impressive capacities have come on streaam in the region as well as in China. For more...


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