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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
Concerns expressed by few OPEC members about the effect of the depreciating US dollar on their revenues, coupled by doubts over a possible output hike by OPEC to ease tight supplies, has ...
Siam Cement Group (SCG-owned by Thailand's Royal family) plans to invest US$3.7 bln into the Petrochemical Complex Project in Long Son, in the southern coastal province of Ba Ria-Vung Tau...
Sometime this year, Turkmenistan will hold a tender this year to build a petrochemical plant with a processing capacity of 3 mln tpa of oil and 3 bln mtrs of gas, extending the invitation...
In a bid to secure customers for its gas output, Qatar- the world's third-largest gas reserve holder, plans to sign a memorandum of understanding (MOU) with China National Petroleum Corpo...
In a bid to pursue other strategic initiatives, Sterling Chemicals Inc. plans to exit its styrene business. The closure costs of the styrene facility are expected to be between US$10-15 m...
Total Petrochemicals USA started a 3 week revamp of a toluene disproportionation (TDP) unit at its 232,000 bpd in Port Arthur, Texas. Benzene and paraxylene are made from toluene at a TDP...
Equipolymers has completed the construction of a state-of-the-art polycondensation line for the production and manufacture of PET (polyethylene terephthalate) at its production centre in ...
Oil futures, which have more than tripled in price in four years, closed at US$95.10 a barrel in New York on Friday. As oil prices hover around US$95 a barrel, without majorly affecting g...
The Supreme Court has dismissed a batch of petitions challenging acquisition of land for the Rs.30,000-crore petrochemical park at Ennore near Chennai, observing that implementation of th...
UK's BP, Swiss firm Kolmar Petrochemicals, Mitsubishi Corp, Marubeni Corp and Mitsui & Co have shown interest in buying paraxylene from a planned project by Mangalore Refinery and Petroch...
PolyOne Corp. has signed a definitive agreement to acquire GLS Corp., a provider of specialty thermoplastic elastomer compounds. GLS is a privately-held company owned by the Dehmlow famil...
ExxonMobil Chemical Company has recently made a number of customer-focused investments for its specialty elastomers portfolio in the rapidly growing Asia Pacific region. Customers in ma...
Thailand's second largest polyvinyl chloride producer -Vinythai PCL has dropped plans to buy a factory and other assets of rival APEX Petrochemical Co. As per Vinythai, APEX did not fulfi...
KBR has successfully met all contractual obligations related to the Lanzhou ethylene plant (owned and operated by the PetroChina Lanzhou Petrochemical Company with a total ethylene capaci...
Emerson Process Management, a business unit of Emerson, has been selected as the main instrument provider for China's largest ever integrated refinery and petrochemical project - the Dush...
Dow Polyurethanes, a business group of The Dow Chemical Company (Dow), will acquire balance 51% stake of Pacific Plastics (Thailand) Limited (PPTL). PPTL is a joint venture between Dow, S...
Increasing demand from USA has led Royal DSM N.V., the Dutch company to plan to invest an unspecified amount to expand capacity of Dyneema UD (unidirectional bullet-resistant sheet materi...
In a bid to meet growing global demand for Kevlar due to increased needs for safety and security, DuPont Advanced Fiber Systems plans to invest over US$500 mln in a multi-phase expansion ...
PBT joint venture- BASF GE Schwarzheide GmbH & Co. KG. The shares will be transferred on December 31, 2007, subject to approval by the relevant authorities. The transfer of the shares wil...
Basell and ConocoPhillips have signed a new long-term contract for Basell to exclusively market the polypropylene produced at ConocoPhillips' Linden, New Jersey plant. Basell has been the...
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