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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
Shaw Stone & Webster, Inc. has been selected by Aramco Overseas Company and Sumitomo Chemical Co. Ltd. to provide Deep Catalytic Cracking (DCC) technology for a US$ 4.3 billion grassroots...
South Korean Samsung Total Petrochemicals Co. Ltd. has plans to boost ethylene capacity by almost 30% in about two years, from the current 650,000 tpa to 850,000 tpa. Samsung Total, an ...
Oil futures are down by almost US$4 a barrel since the intraday high of US$57.60 on 17 March. Oil prices dropped by over US$2 yesterday, triggered by rising crude supplies in the United...
Robust economic growth in China for almost two decades has led to rising consumption of polypropylene. China's demand for polypropylene has not only grown at a fast pace in the past decad...
Shanghai SECCO Petrochemical Co. Ltd, an ethylene joint venture between BP (50% stakeholder), China Petrochemical Group Corp (Sinopec Group, holding 30%) and Sinopec Shanghai Petrochemica...
To allow maintenance work to take place, Thai Olefins PCL plans an 18 day shut down one of its ethylene plants from March 23. The plant will be out of action for less than the standard 30...
Texas based Sterling Chemicals had shut down its acrylonitrile and sodium cyanide facilities, and announced cancellation of supply contracts for an indefinite period due to unavailability...
The global crude markets have seen price levels of US$55/ barrel in recent weeks, pushing raw material prices higher. As petrochemical demand continues to remain relatively stable, the pa...
In September 2004, Huntsman announced plans to build a 400,000 tpa LDPE plant, at an estimated investment of £200 million. Huntsman has signed a contract to purchase a Technology License ...
BP PLC planned to gradually get out of the petrochemicals business about a year ago. BP chemical complex is on track to make the Lima, Ohio complex and 23 other petrochemicals operations ...
BP has announced plans to launch Innovene : a petrochemicals and fuels company at the start of April. The new company will be headquartered in Chicago and be located at 26 principal sites...
Ethylene and polyethylene production is on the decline in the Western countries. Disadvantage of feedstock availability has long plagued the Western petrochemical players. This coupled ...
After peaking in the day at US$57.12, New York's main contract, light sweet crude for delivery in April, fell to US$56.35 per barrel. In London, the price of Brent North Sea crude oil for...
Arabplast 2005, the Middle East's premier trade show for rubber plastics and plastic packaging, at the Dubai International Exhibition Centre (DIEC). commenced on March 20. The Middle...
Russian-Israeli businessmen Leonid Nevzlin, Mikhail Brudno and Vladimir Dubov are to buy a controling stake in Israel Petrochemical Enterprises. The three will buy 20% of Modgal, Israel P...
The pre-feasibility report for GAIL India's proposed Rs 7,600 crore gas-fired petrochemical complex - Kerala Gas Cracker Complex, is scheduled for completion by April. This report is bein...
On Friday, sweet crude for April delivery reached US $56.72 a barrel, as prices reflect sharp hikes in the cost of crude oil in recent weeks. Spurred by escalating oil prices, US gas pric...
Borouge has successfully implemented an expansion at its US$1.2 billion petrochemical complex in Abu Dhabi during a planned Ethylene turnaround, at an investment of US$40 million. With th...
Speculations that OPEC members cannot pump more to meet rising demand, has pushed crude oil prices to record highs of US$57.50 a barrel in New York. Crude oil futures touched US$57.50 a b...
Titan Chemicals Corp. controlled by the Texas-based Chao group, plans to raise about RM 950million in Malaysia's biggest initial public offering (IPO) in about 18 months. The company will...
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