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News, Industry Events and Developments in the Plastics Industry
Daily news on polymer and oil prices, business, exhibition, trade fairs, plant shutdowns, mergers and acquisition, capacity expansion and product launches from the plastics industry in India and the world
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Formosa Petrochemical buys naphtha for H1-April?
Formosa Petrochemical Corp. is reported to have bought 100, 000 open-specification grade naphtha for delivery to Mailiao (Taiwan), for H1-April, at a premium of about US$21/ton above Japan prices, as per traders in Bloomberg.......
Saudi Arabia's Sadaf to cut March SM allocations to India: sources
Saudi Petrochemical Company (Sadaf), has notified contract customers in India of a decision to reduce shipments by as much as half, of styrene monomer in March, as per Platts. Sadaf typically ships around 10, 000-12, 000 mt/month of SM to India. The re......
Pennsylvania plans US$490000 outlay for possible location of new gas drilling petrochem refinery
The state of Pennsylvania plans to spend $490, 000 for improvements at an industrial park that could be a location for a huge new gas drilling petrochemical refinery. The Beaver County Times reports that the state will improve two out-of-service rail ......
