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Latest international plastic news, information and facts on plastics, polymer news, trends and developments in plastics industry. Subscribe to receive latest developments about plastic products, plastics trends, news & plastic information
Oil prices have once again jumped to cross US$52, as refinery problems in the United States, the world's largest energy consumer, stirred up supply worries. Refinery troubles in Kansas, L...
China National Offshore Oil Corporation (CNOOC) plans to invest 8.38 billion yuan (US$1 billion) in three new projects in south China's Hainan Province. With the completion of these proje...
A power supply interruption on April 16, has forced Nova Chemicals Corp., Canada's largest chemical maker, to halt production of ethylene and polyethylene at three plants in Ontario. Th...
Reluctant to let Haldia Petrochem Ltd.(HPL) fall into the hands of the public sector, Purnendu Chatterjee has for a long time been insisting on gaining full control of HPL. His wait seems...
Samsung Total Petrochemicals Company has selected Basell's Spherizone technology for a new 250,000 tpa polypropylene(PP) plant in Daesan, Korea. This is the first Spherizone license in As...
Qatar Petrochemical Company Ltd. (QAPCO) and Total Petrochemicals through their Qatofin joint venture, and Qatar Petroleum with Chevron Phillips Chemical Company LLC through their Q-Chem ...
The head honchos at Indian Oil Corp. and West Bengal ministry will meet in a bid to sort out the matter regarding issue shares of Haldia Petrochemicals (HPL). IOC has already pumped in Rs...
As growing supplies overshadowed worries of rising global demand, oil prices dipped below US$50 a barrel. Standing at an eight-week low, US light crude traded at US$49.66, the lowest leve...
Rolta India's consortium Stone & Webster Rolta (SWRL) has been awarded an engineering services contract for the 5th gas-cracking furnace at IPCL's Gandhar Petrochemical complex at Gujarat...
Indian Oil Corporation (IOC) is considering the option of exporting petrochemicals from its Panipat refinery to Pakistan. Scheduled to commence in August 2005, the Rs 5,100 crore complex...
Essel Propack has acquired UK laminated tube maker Telcon Packaging- its second acquisition in UK for an undisclosed sum. With this, Essel has consolidate itself in the UK market, possibl...
Wednesday's US$1.64 decline settled oil prices at US$50.22 - the lowest closing price since Feb.18. Crude oil prices ebbed on Wednesday to a seven week low after a U.S. government report ...
Tecnimont, the engineering subsidiary of Edison has signed an agreemant to build a polypropylene plant in Russia's Omsk region. Tecnimont is to build the plant, a joint project expected t...
PetroChina has initiated a 600,000 tpa ethylene expansion project at its Lanzhou Petrochemical Company in northwest China, at an investment outlay of of 6.296 billion yuan ($US760.6 milli...
Oil and gas rich Qatar is keen to strengthen trade and economic ties with India, the world's third fastest growing economy. Qatar wants to boost LNG exports to India and involve Indian fi...
A plant to be built by the Mitsubishi and Royal Dutch/Shell Group JV in northern Qatar will use gas derived from a large gas field to produce light oil and naphtha, with an output estimat...
Yet another round of petrochemical price hike- the fifth since early 2004, is being considered by Japanese petrochem makers to counterbalance rising crude oil costs Japanese petrochemical...
Bayer MaterialScience is to partner German compounder PTS Plastic Technologie to develop thermoplastic elastomers. Currently, Bayer’s strength lies in thermoplastic polyurethanes (under t...
U.S.based Solvay Advanced Polymers has shortlisted Shaw Stone & Webster the contract for the front end engineering design contract for a new, world-scale sulfone polymers production unit....
Last week, Iran's National Petrochemical Company (NPC) was tipped to be among the top two bidders to purchase Royal Dutch Shell/BASF Group's joint venture -Basell. NPC and a group of Indi...
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