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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
Total has completed the expansion of its polypropylene plant at Daesan plant in South Korea. The new unit, with a capacity of 300,000 tpa, will bring the total polypropylene capacity of t...
Indian Oil has approached the Union Department of Company Affairs (DCA) to seek permission to take shareholders approval on its proposed merger with Bongaigaon Refinery and Petrochemicals...
Unable to cope with the non-competitive operating costs of small plant, Basell has arrived at a decision to stop producing polypropylene at the Varennes, Quebec site in April 2008, after ...
A petrochemical complex is being planned at Venezuelan city of Cienfuegos. Cienfuegos, known as the Pearl of the South, also has the country´s second most important port complex.
The Carlyle Group has announced that PQ Corporation, the specialty chemical company it acquired in July of 2007, has agreed to combine with INEOS Silicas, a division of INEOS. INEOS is a ...
Taiwan's Formosa Petrochemical Corp has planned a 45 day maintenance turnaround at its new 1.2 mln tpa cracker in September/October 2008. Operations at the cracker commenced in May, raisi...
Sasol is considering construction of at least one coal-to-liquid (CTL) plant at an investment of US$6-8 bln, in India - the world's second-fastest growing economy after China. India has r...
SUMMARY Crude oil futures spiked past US$83 per barrel in New York on release of data by the Department of Energy reporting a drop in inventories for the week. Naphtha prices have risen...
ONGC Mangalore Petrochemicals Ltd (OMPL) has invited expression of interests (EoI) from companies for setting up downstream units of its proposed aromatics plant at Mangalore SEZ. The com...
Naphtha markets in Asia will continue to be under pressure and prices will see a southward movement as heavy volumes of naphtha exports from Indian refiners will be maintained at a minimu...
Taiwan's Formosa Plastics Corp's refinery and ethylene project in China's Ningbo province, which involve an investment of US$10 bln, has run into problems. Formosa's proposed refinery pr...
The 48th AGM of the Federation was held at Palladian Lounge, Bengal Chamber of Commerce & Industry, 6 Netaji Subhas Road, Kolkata - 700 001. During the Inaugural Session Dr. S.K. Verma ga...
Signalling future growth through consolidation of existing operations by raising them to world-class assets, Reliance Industries Ltd plans to invest US$8-9 bln over three-four years for c...
Haldia Petrochemicals Ltd (HPL) has confirmed plans to diversify its polymer business by adding new products and capacity. Proposals for the diversification are expected to be placed befo...
Reliance Industries has allotted over 6.01 crore shares to the shareholders of erstwhile Indian Petrochemicals Corporation Ltd (IPCL). The allotment was made in accordance with the scheme...
The Supreme Court has extended the stay on the Calcutta High Court judgment that set aside the Company Law Board's (CLB) order directing the Bengal government to sell all its shares in Ha...
Portuguese company Artenius has awarded a US$40.3 mln contract to Aker Kvaerner to construct a 700,000 tpa purified terephthalic acid (PTA) facility at Sines, Portugal. Contract scope inc...
Competitive trends in the packaging industry are exerting pressures on processors to improve productivity and reduce weight as well as costs. This in turn mothballs into pressure on the r...
To support future demand for Victrex Peek polymer and Victrex Peek -based products, such as Vicote® Coatings and APTIV™ Film; Victrex PLC, has opened a new polymer manufacturing plant. Th...
A new polytetrafluoroethylene (PTFE) Micronized Powder plant by Solvay Solexis is currently under construction in Changshu, China. The plant is scheduled for completion and due to come on...
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