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SABIC to boldly go in search for circularity

This year will see SABIC forge bold, new collaborations with high-calibre partners in order to create a circular, transparent and sustainable economy for plastics,...

China’s petrochemical industry set for downcycle

China’s petrochemical industry is on the start of a downcycle, according to Wood Mackenzie, as a supply overhang in the paraxylene (PX) market looks...

Global chemical supply threatened by Middle East escalation

Military action leading to the closure of the Strait of Hormuz between Iran and Saudi Arabia could seriously disrupt global trade in chemicals and...

BASF’s China Verbund gets underway

BASF has launched its smart Verbund project in Zhanjiang, Guangdong province, China, and commenced building its first plants. It marks a milestone of the...

BASF pumps €20m into pyrolysis partnership

BASF is to invest €20 million ($17.7m) into Quantafuel, a specialist for the pyrolysis of mixed plastics waste and purification of pyrolysis oil, headquartered...

Holland Colours expands in Indonesia

In order to accommodate the strong demand for light blocking colourants in PET packaging for dairy applications, Holland Colours is expanding its manufacturing capacity...

PE prices spike in Asia after drone attacks

Spot prices of monoethylene glycol (MEG) and polyethylene (PE) have spiked in Asia, following news of the drone attacks on oil facilities in Saudi...

US PET market could face major shake-up

Meeting current US recycled plastics content goals by 2030 would significantly alter the region's PET resin and upstream aromatics markets, according to a report...

Aramco takes slice of Reliance’s petrochemicals business

Saudi Aramco is set to take a 20 per cent stake in Reliance Industries’ refining and petrochemical business. The deal is thought to be...

Indorama increases integration with $2bn acquisition

Huntsman Corporation has entered into a definitive agreement to sell its chemical intermediates business to Indorama Ventures in a deal worth nearly $2.08 billion. Under...

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