Category Menu Product News Arkema unveils its Latest Innovations at Plast Milan March 26, 2009 by plasticsinfomart Arkema offers the plastics industry an extensive range of products for the construction, automotive, packaging and medical sectors. Plast Milan, from March 24th to 28th, enables Arkema to showcase the latest innovations from its functional additive, functional polyolefin, PMMA, and vinyl compound ranges. * Durastrength® 360, the first grade in a new range of […] Read more »
Market News Oil falls towards $53 on weak demand, equity slide March 25, 2009 by plasticsinfomart SINGAPORE – Oil fell on Wednesday on further signs of easing demand in the world’s top consumers, and as equities ebbed on fading optimism about a U.S. bank rescue plan. Data showed rising crude stocks in the United States and a fall in crude imports in Japan, the world’s biggest and third-biggest oil users respectively. […] Read more »
Category Menu Machinery News Three-year goal of China machine tools industry March 25, 2009 by plasticsinfomart To complement China’s recently released “Adjustment and Revitalization Plan of Equipment Manufacturing Industry”, China Machine Tool Builders’ Association (CMTBA) has set up a three-year target (from 2009 to 2011) for machine tools industry. 1. To achieve annual average growth by 15% from 2009 to 2011. Domestic-made machine tools to account for 70% or above of […] Read more »
Category Menu Machinery News RTP Company announces RoHS compliant flame retardant TPE compounds March 25, 2009 by plasticsinfomart Global custom engineered thermoplastic compounder RTP Company has developed a line of decaBDE-free, flame retardant thermoplastic elastomer (TPE) compounds that are RoHS compliant. These products address the needs of electrical and electronics and other component manufacturers following the European Union’s repeal of the decaBDE exemption under the RoHS Directive. According to Paul Killian, Technical Marketing […] Read more »
Market News U.S. Markets 25-Mar-09 March 25, 2009 / March 14, 2017 by plasticsinfomart TODAY IN THE MARKETS: More than 100 million pounds of ethylene traded Wednesday, and prompt prices moved higher. Propylene price ideas were steady. NGLs and energy prices were down. Resin trading was moderate and spot prices were steady. March ethylene traded at 23.875 cpp (Texas delivery) and 24.5 cpp (Wms system). April traded at 24.125 […] Read more »
Market News Low density polymer rises on better offtake March 24, 2009 by plasticsinfomart New Delhi, Mar 23 The wholesale low density polymer prices gained Rs 2 per kg in the national capital today on increased offtake by plastic bag makers and plastic moulding units. Marketmen said increased demand from plastic bag makers and plastic moulding units mainly pushed up low density polymer prices. Low density (LD )No 40 […] Read more »
Market News Price trends of oil and commodity polymers in Asia for the week ended March 16, 2009 March 24, 2009 by plasticsinfomart CRUDE OILCrude oil for April delivery rose to US$48.14 a barrel on the Nymex over the weekend, after rising on the previous day, by almost US$5 to US$47 – the most since February 19. Crude oil prices moved up for the second consecutive day on the eve of OPEC meet to consider a production cut […] Read more »
Market News US Markets 16-Mar-09 March 24, 2009 / March 14, 2017 by plasticsinfomart Spot olefins price ideas were wide Monday, and no new trades were confirmed. NGLs and energies were mixed. Resins trade was thin as participants watched upstream markets. March ethylene was offered at 26 cpp against no bids, and April was bid at 17 cpp against offers at 26 cpp. 2Q was offered at 24 cpp […] Read more »