Everyday Plastics Blog

LyondellBasell to extend production and technology capabilities at Spherizone PP process technology plant in Italy
With growing customer requirements for high-performance, specialty polypropylene (PP) products, LyondellBasell announced that it plans to extend production and technology capabilities at its Spherizone PP process technology plant in Brindisi, Italy. ……
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Oil prices have slipped below US$76 on market anxiety about latest US supply figures
Oil prices have dropped below US$76 a barrel, as the market awaits the latest US supply figures for clues about the strength of demand for crude. Crude inventories are expected to have risen by 2.2 mln barrels last week, according to analysts surveye……
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Idemitsu Kosan Co expects to restart naphtha cracker at Tokuyama in early October
Japanese refiner Idemitsu Kosan Co expects to restart a naphtha cracker at its Tokuyama plant in early October, as per Reuters. The 256,000 tpa naphtha cracker has been shut on Sept. 6 for scheduled maintenance for about a month. Idemitsu shut a 120……
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Len Blavatnik refutes claims by creditors
Investor Len Blavatnik and his company Access Industries have refuted claims that he was aware of a US$12 bln leveraged buyout in 2007 that created LyondellBasell would fail, as per Reuters. They claim that they had every reason to believe the merger……
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Gasoline being produced in five of Iran?s petrochemical plants to counter international sanctions
Iran is producing gasoline in five of its petrochemical plants as part of a plan to halt imports and counter international sanctions, as per Mehr news agency. Iran faces international sanctions over its nuclear program, which the US and its allies ac……
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Keyuan Petrochemicals commences construction of first SBS facility in Ningbo
Keyuan Petrochemicals, Inc. has commenced construction of its first Styrene-Butadiene-Styrene (“SBS”) production facility in Ningbo, Zhejiang Province, which will be adjacent to its current production facility. SBS is commonly used in soles of shoes,……
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Innovation in multiserve beverage packaging combines clarity and strength
Combining clarity and strength, the most recent innovation in multiserve beverage packaging from Eastman Chemical Company Aspira? copolyester EN177, allows increased design and processing opportunities for large-volume refrigerated beverage, spirit a……
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Price trends of oil, polymer feedstock and commodity polymers in Asia for the week ended September 27, 2010
CRUDE OIL
Crude oil prices ended the week of September 27, 2010 at US$76.4 on the weakening US dollar and optimistic economic indicators. As the US dollar drops against the euro, it strengthens the appea……
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Sustainability goal update: Johnson & Johnson
Five years ago, consumer product company Johnson & Johnson set some sustainability-related goals that it hoped to achieve by 2010. Let’s check in and see how J&J did on the plastics-related targets — much of it related to trying to…
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Spartech insiders buying shares
Kathy Shwiff had an interesting “Inside Track” column yesterday about executives at Spartech Corp. buying shares in the company — after recent bad news sent the price plummeting. Remember the Spartech story? The sheet extruder and compounder on Sept. 8…
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