Iranian petrochemical traders currently sell all their products on a CFR basis in Asia instead of FOB to avoid payment issues, trade sources in Iran and Dubai said Tuesday. "We sell products on a CFR basis in countries like China so as to ...
Tags: Petrochemical
On March 26, 2014, with the 300 kt/a linear low-density polyethylene (LLDPE) plant, the last start-up project in PetroChina Sichuan Integrated Petrochemical and Refinery Complex (Sichuan Project) began to produce qualified polyethylene ...
Saudi Arabia's Rabigh Refining and Petrochemical Company or Petro Rabigh's second phase expansion project has turned it into one of the strongest "volume growth stories" in the country's chemical industry, UK-based bank HSBC said in a ...
Tags: Petrochemical, Sumitomo Chemical
Northwest European styrene monomer prices fell $91.50/mt or 5.5% from the start of May to close Thursday at a one-year low of $1,553.50/mt FOB ARA, Platts data showed. The last time it was lower was April 23, 2013 at $1,544.50/mt FOB ARA. ...
Tags: Styrene, polystyrene
Toyo Engineering Corporation (TOYO, President and CEO Katsumoto Ishibashi) has been awarded a contract to build a large gas chemical complex for State Concern “Turkmengas”, in collaboration with Hyundai Engineering Co., Ltd., ...
Salt of the Earth, an Israeli salt producer, has invested €1m to launch an enhanced automatic packaging production line for tablets and granular salt products. The company is replacing premade polyethylene (PE) bags with rolls and ...
Tags: Agriculture, Food, Salt, Salt Packaging
Turkish polyethylene prices Wednesday hit highs not seen since October 2008, driven by limited Middle East offers amid high Asian prices, sources said. Low density polyethylene, linear low density polyethylene and high density ...
Mistral Energy has started shipping purity ethane to Canada from the US on its Vantage Pipeline and expects to increase levels to 60,000 b/d over the next two years, a company spokesman said Thursday. The average volume in the "initial ...
Tags: Ethane, purity ethane
European polypropylene and polyethylene producers are targeting a May contract price increase because of low stock availability and seasonal demand, sources said. PE producers were aiming for increases of Eur20-60/mt ($28-83/mt) and PP ...
Tags: Polyolefin, PE, ethylene CP
North American rigid packaging manufacturer Placon has completed the acquisition of Plastic Packaging, a rigid plastic container producer in the US. The 100,000ft2 location of Plastic Packaging in West Springfield will bring the total ...
Combined with paperboard, the use of bio-based LDPE made from sugar cane increases the content of materials from renewable sources to as much as 82% in a Tetra Brik Aseptic 1000ml Base package. In February Coca-Cola Brazil became the ...
Tags: Packaging, LDPE Packing
LiquiGlide, Inc. recently announced the world's first commercially viable super-slippery coating for paint and paint colorants. LiquiGlide's permanently wet coating prevents paint products from sticking to cans and manufacturing equipment, ...
LuxWalk is a new underlayment engineered specifically for under floating or glue-down LVF by MP Global Products. According to the company, LuxWalk provides full subfloor coverage and effectively soothes impact sound and floor to ceiling ...
Tags: Construction, Decoration, rugs
Cardia Bioplastics is all set to supply $65,000 worth compostable bag and waste management products to the UK-based LifeCycle Products as part of an agreement. LifeCycle Products managing director Mark Sommers said the company intends ...
Rieke Packaging Systems is introducing a new user-friendly child resistant closure specifically designed for aerosols with 1” openings targeted at the growing automotive additives market. The new closure will be shown for the first ...
Tags: Aerosols, Child Resistant Closures, Rieke