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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
GE Oil and Gas is to supply three compression trains for a new, large-scale ethylene cracker plant in Al-Jubail, Saudi Arabia, which will have a capacity of 1.165 mln tpa. The compressor ...
A report by CMAI has forecast that global ethylene demand will grow at an average of just below 5% pa, with polyethylene and ethylene oxide being they dominant drivers for growth during t...
Oil prices in Asia rose, but continued to linger below US$90 per barrel in anticipation of a decision by OPEC to raise output at a meeting this week. New York's main contract, light sweet...
The Viet Nam Oil and Gas Group (PetroVietnam) signed an engineering, procurement and construction (EPC) contract with a consortium led by Hyundai Engineering Co. Ltd. to build a polypropy...
Taiwan's second largest fuel supplier - Formosa Petrochemical Corp., has shut a gasoline-producing unit at Mailiao due to a mechanical fault. This will result in stoppage at the 84,000 bp...
Rhodia Polyamide has announced a €150-200/MT price increase for its Polyamide 6 and 6.6 Technyl® compounds in Europe, Middle East and Africa, effective January 1st, 2008, or as contracts ...
Braskem has initiated steps to consolidate Brazil's petrochemical sector, thereby positioning itself as a major player in the global petrochemical industry, and provides the company with...
Petrochemicals production from Iran currently constitutes over 12% of total Middle Eastern petrochem production. Saudi Arabia accounts for 50% of the region's output, whereas they other s...
In a move that is intended to remove high-cost capacity, Ineos Nova has decided to shutdown its polystyrene facility located at Belpre, Ohio by early next year; and take a US$65-million c...
Japan Polychem Corp., a subsidiary of Mitsubishi Chemical Corp., plans to invest a total of 1.6 billion yen, on one plant each in Thailand and India to make polypropylene-based resin. Th...
Oil prices jumped over four dollars on Thursday after pipeline carrying crude oil from Canada to the U.S. Midwest caught fire. Two workers who were fixing the underground pipeline were ki...
It is reported that Reliance Industries' 200,000 tpa VCM plant at Gandhar has been shutdown earlier this week due to a fire. This will result in partial slowdown in downstream PVC product...
Indian Oil Corp. Ltd. has managed to secure only 82 acres of the extra 210 acres that it had sought to acquire. IOC had been eyeing the adjacent land leased to Hindustan Fertiliser Corp. ...
Siam Cement-Thailand's largest industrial conglomerate and Dow Chemical have agreed to build a petrochemical plant in Thailand at an investment outlay of US$315 mln. The plant, a 50:50 v...
Haldia Petrochemicals Ltd's (HPL) reputation is being ripped apart on charges of mismanagement made by its own board members. HPL's vice chairman Purnendu Chatterjee, in a 'privileged an...
Solvay has signed a stock purchase agreement with Basell to sell its subsidiary Solvay Engineered Polymers (SEP), a leading supplier of polypropylene compounds. This transaction will be s...
Strong customer demand from all over Europe has prompted BASF to plan an increase in production capacity of oxo alcohols and plasticizers at Ludwigshafen. Plasticizer capacity will be hik...
Smithers Rapra Technology (SRT) Ltd., a subsidiary of U.S.-based independent testing, research and consulting organization, The Smithers Group, will host its second international conferen...
Surging naphtha prices have affected the bottom line of ethylene makers. Producer margins, that have entered negative territory, have affected cracking rates at plants across Asia. Very h...
Over the past 20 years the high performance polymer (HPP) industry has grown from $1 billion to over $7 billion. As overall global demand is increasing, the HPP space is filling out with ...
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