Category Menu Product News Risk rises for US PE exports as back to back demand trade wanes July 9, 2009 by plasticsinfomart US polyethylene traders faced increased risk from exports as prices have risen more than buyers’ forward demand and made back to back deals impossible, trading sources said. Offers for high density blow molding, for example, were 52-53 cents/lb FAS Houston ($1,146-$1,168/mt) but bids for deepsea blow molding in China were talked at $1,170/mt CFR. LLDPE […] Read more »
Category Menu Product News Borouge awards contracts to Tecnimont for Borouge 3 July 9, 2009 by plasticsinfomart Plastic solution provider Borouge announced on July 6 that it has awarded the three main contracts for the FEED (front-end engineering and design) stage of its Borouge 3 expansion in Ruwais, Abu Dhabi to Tecnimont (Maire Tecnimont Group), an international EPC Contractor operating in Chemicals and Petrochemicals, Oil & Gas, Power, Civil Engineering and Infrastructure. […] Read more »
Category Menu Product News NatureWorks doubles Ingeo natural plastic supply availability July 9, 2009 by plasticsinfomart NatureWorks LLC, a maker of a broad portfolio of Ingeo brand biopolymers made from plants, not oil, confirmed on July 7 that the Ingeo manufacturing plant in Blair, Nebraska, have successfully installed and commissioned additional equipment allowing the facility to increase production from 70 metric tons to 140 metric tons (approximately 300 million pounds), its […] Read more »
Category Menu Machinery News Macro Announces Sale of Three Extrusion Lines at NPE 2009 July 8, 2009 by plasticsinfomart (NPE-2009, Chicago, USA) Canadian extrusion machinery supplier Macro Engineering & Technology Inc. announced the sale of three PVC cling film lines to an unnamed processor located in the Middle East. The first line is to be delivered near the end of the year and the other two are set to be installed in mid-2010. The […] Read more »
Category Menu Product News Arkema and Chemeq Technologies sign… July 8, 2009 by plasticsinfomart Arkema and Australian company Chemeq Technologies are pleased to announce the signing of a manufacturing cooperation agreement for the supply by Arkema of a new antimicrobial polymer. As a result, Chemeq Technologies will be able to offer its industrial customers in the cosmetics and pharmaceuticals sector a solution that is in keeping with a sustainable […] Read more »
Category Menu Product News Eastman Launches New Non-Phthalate Plasticizer in EU July 8, 2009 by plasticsinfomart Eastman Chemical Company announced the EU launch of its new, high solvating, non-phthalate plasticizer, Eastman™ DBT. Eastman™ DBT builds on Eastman’s decades of expertise as a global supplier of plasticizers and leader in the manufacture of phthalate alternatives. Eastman™ DBT is particularly suitable for use in PVC plastisols and water-based adhesive applications. Eastman™ DBT has […] Read more »
Market News EIA raises 2009 world oil demand forecast July 8, 2009 by plasticsinfomart The U.S. Energy Information Administration on Tuesday once again raised its world oil demand forecast for this year as the global economy gradually improves. In its monthly energy outlook, the EIA increased its 2009 global oil demand projection to 83.85 million barrel per day (bpd), up 170,000 bpd from its June estimate of 83.68 million […] Read more »
Market News RUBBER-Tokyo futures rise to 3-week high as stops hit July 8, 2009 by plasticsinfomart Key Tokyo rubber futures rose to a three-week high on Tuesday, snapping a four-day losing streak as stop orders prompted a wave of short covering in thin volumes. The key Tokyo Commodity Exchange rubber contract for December delivery <0#JRU:> rose as high as 166.2 yen, the highest for any benchmark since June 15. A 10-yen […] Read more »