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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
As part of its expansion plans, Colombia's state- controlled oil company Ecopetrol SA has agreed to buy Colombia's largest polypropylene maker Propilco for US$690 mln. This acquisition of...
India's state run IndianOil Corporation Ltd. (IOCL) expects to commission its 15 mln tpa grassroots refinery-cum-petrochemicals complex at Paradip by 2011-12. For this, infrastructure de...
India's Bharat Petroleum Corp. Ltd. (BPCL) has canceled a contract to export 180,000 tons of low aromatic naphtha, to meet domestic demand that could result in better price realisation. ...
LG Chemical, Honam, Hanwha Petrochemical, Kumho Petrochemical, SK Corp., Samsung Total Petrochemical, Yeochun NCC and Korea Petrochemical are Korea's domestic petrochem producers. Of thes...
Sinopec Corp has shuttered the 80,000 bpd Fujian oil refinery for 40 days of planned maintenance, to start work on connecting the plant with a new multi-billion-dollar complex jointly fun...
Arburg (Shanghai) Co. Ltd. has shifted into its new premises in Shanghai earlier this month. The relocation to the new premises in the Shanghai business district represents a further mile...
Light, sweet crude for February delivery stood at US$93.26 a barrel in electronic trading on the New York Mercantile Exchange, midmorning in Singapore. As trading remained light due to ho...
Eastman Chemical Company has entered into definitive agreements with Indorama to sell its PET facility and related businesses in the United Kingdom, and its PET and PTA facilities and rel...
Qatar Petrochemical Company (Qapco) is to inaugurate an ethylene expansion project (EP2) at Mesaieed on January 8, 2007. EP2, completed at an outlay of QR840 mln, will boost Qapco’s ethyl...
The PCPIR is a policy adopted by the Union Government in India to boost investment in the Petrochemical Sector. The PCPIR- a National Policy on Petrochemicals and the Petroleum, Chemical ...
GAIL- India’s largest transporter and marketer of gas, has its core strength in its presence across the value chain – from exploration and production to transportation and marketing to pe...
The Union Budget may bring in cheer for the plastics industry in India, as price of many commonly-used consumer products made from petrochemicals may decline after the upcoming Budget. ...
Last week’s fire at Japan's largest ethylene plant, operated by a unit of Mitsubishi Chemical Holdings, is to shut the core facilities for at least three to four months. It is still uncle...
In an effort to improve its margins and reduce costs, Haldia Petrochemicals Ltd (HPL) plans to develop downstream chemicals business opportunities expected at the proposed chemical hub at...
Oil prices have more or less stabilized around US$91 a barrel ay amid concerns over a possible slowing of the US economy that could lead to a drop in fuel demand. The US Conference Board'...
Dow Chemical Co plans to invest US$5 billion in China over the next decade for several projects, including a potential coal-to-chemicals project in Shaanxi Province for which Dow and Chin...
Dutch chemical and plastics maker Basell has completed acquisition of Houston's Lyondell Chemical Co., creating the world's third-largest independent chemical company. The combined compan...
A fire broke out at Japan's Mitsubishi Chemical Corp's No.2 ethylene plant in Ibaraki prefecture near Tokyo The fire is expected to have some effect on production at the 476,000 tpa Kashi...
Indian Oil Corporation Ltd (IOC) is considering an investment of over US$5 bln in Oman. With the amount, India's state-run petroleum major will to either set up a gas-based petrochemical ...
Rompetrol Petrochemicals has successfully completed upgrades at its 60,000 tpa high density polyethylene line at Constanta, Romania, at an investment of US$14.5 mln on new equipment. Romp...
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