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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
With dispatch of its first shipments to India and China, Oman based Octal Petrochemicals has forayed into the Asian market; targeting the quantum growth in plastic packaging demand in Asi...
Sabic Innovative Plastics has planned to shutter its' ABS plant at Villers-Saint-Sepulchre in northern France next spring. The 70,000 tpa ABS plant is part of the former GE Plastics portf...
Oil prices have slipped further on revelation of details by a November US jobs report that turned out to be less robust than expected. Light, sweet crude for January delivery fell to US$8...
Germany’s Lanxess ABS, manufacturer of acrylonitrile butadiene styrene (ABS) and styrene acrylonitrile (SAN) in India, plans to invest Rs 800 crore to set up a greenfield chemical facilit...
Reliance Industries and state-run oil companies plan to invest over Rs 36,000 crore in next five years to expand petrochemical capacity in the country. IOC plans to invest Rs 16,000 cro...
India's top state-run refiner, Indian Oil Corp (IOC) and Egyptian General Petroleum Corp. are to partner in a joint venture to build a US$9 bln refinery and petrochemical complex in Egypt...
Talks are on between Kuwait Petroleum Corp.(KPC) and Indian majors - Reliance Industries Ltd. and Indian Oil Corp. Ltd., to build large-scale refinery and petrochemicals projects in India...
The Viet Nam Oil and Gas Corp (PetroVietnam) and a consortium headed by a the Korean construction company Hyundai Engineering Co Ltd last week signed an engineering, procurement and const...
Total plans an investment outlay of US$1.5 bln in a petrochemical project in Arzew, Algeria, after it agreed to develop the US$3 bln project with Algeria's oil and gas group Sonatrach. T...
Lanxess, Germany is to invest Rs 800 crores and acquire 40 acres of land for a greenfield chemical facility in Jhagadia, Gujarat. An ion exchange resin plant is slated to come up on the 4...
The Middle East is set to become the epicenter of global petrochemicals manufacturing, producing essential materials for packaging, healthcare, pipes, electronics goods, personal care, co...
Two projects will increase current Polypropylene (PP) capacity in Brazil of 1,415,000 tpa by 490,000 tpa by 2008. Two capacity expansions at Suzano Petroquímica and a new project by Brask...
Eastman Chemical Company has completed the sale of its PET polymers business related to its manufacturing sites in Cosoleacaque, Mexico and Zarate, Argentina, to ALFA, S.A.B. de C.V., a M...
China Petroleum & Chemical Corp. (Sinopec) and Kuwait Petroleum Corp. have received government approval to start initial work on an oil refinery and chemical project in southern China. Th...
Reliance Industries and India's state owned gas transporter GAIL (India) Ltd. have signed an initial deal to jointly set up petrochemicals plants overseas, to be executed through a specia...
SUMMARY Crude oil prices have dipped by almost 10% this week, on report that supplies have recorded a less than expected decline. Naphtha prices have dipped in line with robust crude pr...
Total has inaugurated a new polypropylene (PP) production line at the facility in Daewan in South Korea, increasing the PP production capacity at Daewan by 300,000 tpa to 554,000 tpa. The...
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...
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