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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
Sterling Chemicals Inc. has decided to shutter its Texas City styrene business and is pursuing other "strategic initiatives" that would allow it to retain many of the styrene plant's empl...
As naphtha prices touch record highs, petrochemical producers in South Korea are considering switching to butane as an alternative feedstock. The key open-spec naphtha contract for H2-Dec...
The US Treasury is to implement sanctions against Belarus's biggest petrochemical conglomerate, as it is controlled by the country's "oppressive" president. The US government has been cri...
Lower production costs and expanding economies have supported a decision by ExxonMobil Corp to focus its chemical investments in the Middle East and Asia. The developing economies of the...
Formosa Petrochemical Corp. has resumed production at its No. 2 ethylene plant in Mailiao shut since September 26. Formosa has restarted the facility on November 8. after 44 days of main...
Saudi Aramco and Sumitomo Chemicals are in talks to expand their US$10 billion joint venture Rabigh Refining and Petrochemical Co. (PetroRabigh), in a bid to add new product lines to the ...
Oil prices recorded a marginal rise in prices, on Wednesday, springing back from two sessions of consecutive losses. Last two days saw prices dipping below record highs, on expectations ...
Mitsui Prime Advanced Composites India - , a wholly owned subsidiary of the multinational Japanese company Mitsui Chemicals Inc, has announced a new manufacturing facility for polypropyle...
Fresenius Kabi, a leading german provider of infusion therapies and clinical nutrition, has specified PEEK-OPTIMA® polymer from Invibio for the development of an implantable port access s...
Basell has developed new patented Lupolen high density polyethylene (HDPE) resins for use in automotive plastic fuel tanks with enhanced resistance to bio-diesels. Commercialisation of th...
Thailand's largest olefins maker PTT Chemical PCL (PTTCH), plans the following shutdowns: * Propylene unit for 30 days in Q2-2008. * Mono ethylene glycol (MEG) plant for 35 days in Q3-0...
Turkey's Competition Board has approved the sale of state-run petrochemicals company Petkim to the second highest bidder in a July tender. A consortium of the Azerbaijani oil company Soca...
Bemis Company, Inc. plans to develop and sell renewably resourced flexible films in the Americas using patented Plantic® technology along with Australian company Plantic Technologies Ltd....
SUMMARY Crude oil futures for November delivery spiked past US$96 a barrel on the New York Mercantile Exchange amid concerns about supplies due to OPEC's apparent reluctance to pump mor...
IndianOil has plans to build a petrochemical complex at Haldia, beginning 2012. IOC is considering setting up a paraxylene plant in the existing refinery complex. The cost and capacity es...
In a move to meet rapidly growing demand from Asia, particularly from China, Royal DSM N.V. has plans of a 50% capacity expansion of its engineering plastics compounding capacity in China...
Oil prices dipped by over one dollar in Asia, on reports that OPEC plans to discuss an increase in output at an upcoming meeting on Dec. 5 in Abu Dhabi, in a bid to cool record crude pric...
The Rs 1,000-crore South Asian Petrochem (SAPL) proposes to mop up Rs 150 crore through preferential issue and foreign currency convertible debentures to fund its upcoming unit in Egypt a...
The first phase of the Jam Petrochemical Complex in southern Iran will go on stream by the end of current Iranian year (March 19, 2008). It will have the capacity to produce over 1.7 mln ...
After a cordial meeting at the Bijaya festival, the strained relationship between the two major promoters of Haldia Petrochemicals - Purnendu Chatterjee of the TCG and the West Bengal Gov...
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