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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
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...
Mitsubishi Heavy Industries, Ltd. (MHI) has singed a license agreement for carbon dioxide (CO2) recovery technology with Gulf Petrochemical Industries Company (GPIC) in Bahrain. The recov...
ExxonMobil Chemical has attained successful start up of its upgraded specialty oriented polypropylene (OPP) film production line in LaGrange, Georgia. This upgrade will significantly incr...
The board of a Solvay affiliate - Solvay Indupa, has approved a further US$135 mln investment program to expand and increase the competitiveness of its vinyls production plant at Santo An...
Japanese engineering company JGC Corp has been awarded an order to construct an ethylene plant in Saudi Arabia to be completed by mid-2011. The 200 bln yen order is one of the largest ind...
The Middle East is experiencing rapid growth and there are excellent opportunities for suppliers to the construction industry in the region. There are major applications of pipe in the de...
Construction is underway for the polypropylene project at Dung Quat economic zone, Vietnam. Viet Nam Oil and Gas Group (PetroVietnam) have invested in the project. The US$232 million proj...
Tobolsk-Polymer Ltd. a subsidiary of Sibur, has shortlisted contractors for designing (FEED) and subsequent supply of equipment and the managers of project construction in the city of Tob...
China National Petroleum Corporation (CNPC) has agreed to expand cooperation with Royal Dutch Shell, at a ceremony held at the Diaoyutai State Guesthouse in Beijing. However, no specific ...
The state-owned petrochemical companies of Brazil and Venezuela plan to collaborate to build the most modern and competitive integrated petrochemical project in the region to supply to ma...
South Korea's Hyundai Engineering Co. Ltd. (HEDC) has been awarded an order to build a petrochemical plant in Saudi Arabia for about $210 mln. As per the deal, the unlisted unit of Hyunda...
Bayer MaterialScience and Dr. D. A. Delis AG polyurethanes business have inked a preliminary agreement to transfer ownership of the company to Bayer Hellas. The business will be integrate...
In a move to finance its ongoing expansion plans, Haldia Petrochemicals (HPL) plans to raise US$50 mln ( Rs 200 crore) through the external commercial borrowing (ECB) route. This will for...
Global demand for thermoplastic elastomers (TPEs) is forecast to grow by 6.4% pa through 2011 to 3.5 mln tons as per a report by reportlinker.com. Value gains will expand an even stronger...
Sinopec has commenced work on an 80,000 tpa ethylene plant in Wuhan, the capital of Hubei Province. The plant, to be built at an investment outlay of 14.6 bln yuan will meet growing deman...
Oil prices declined on news of withdrawal of Turkish troops from Northern Iraq. Earlier, prices had increased on reactions to movement of Turkish troops into northern Iraq to flush out K...
Pakistan's Engro Polymer & Chemicals Ltd (EPCL) plans to invest US$250 million for PVC capacity expansion to meet PVC demand in Pakistan is estimated to be growing at 12% pa. Capacity wil...
With effect from Jan 1, 2008, Saudi Basic Industries Corp (Sabic), will raise polyethylene prices in Europe for by €100 per metric ton. The price hike will affect all of its high-density ...
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