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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
An unexpected drop in U.S. crude oil inventories has led to a dip in crude oil futures. Light, sweet crude for November delivery dipped to US$83.04 a barrel in Asian electronic trading on...
The Environmental Protection Administration has received an environmental impact assessment report for Kuokuang Petrochemical Technology Co's planned petrochemical complex at Taishi, Taiw...
Formosa Plastics group plans to invest 782.8 bln twd in the next five years; between 2007 and 2011. This will comprise an investment of 706.8 bln for domestic investments and 76.0 bln ove...
Showa Denko plans to upgrade its ethylene facility at the Oita petrochemical complex to boost the plant's energy efficiency and cost competitiveness and lower carbon dioxide emissions. Wo...
German chemicals group BASF estimates sales in the greater China region to grow more than 10% in 2007, as it continues to expand in mainland China to benefit from a booming economy. Sales...
Bogged down by high costs and overcapacity in the system, Canada's only polystyrene production facility will close by year-end. Nova Chemical Corp. had partnered with global petrochemical...
Demand for naphtha is estimated to dip in Thailand as more petrochemical firms plan to switch from the costly feedstock naphtha to cheaper gas. New Thai olefin plants are increasingly usi...
In line with BP's strategic intent to exit the Korean PTA market, the company is to hive off its stake in Samsung Petrochem. BP PLC has agreed to sell its 47.4% stake in South Korean Sams...
Italy's Polimeri Europa has declared force majeure (FM) to customers of its 250,000 tpa LLDPE plant at Brindisi, Italy. The plant is off line due to technical problems, and is expected to...
Qatar Petroleum, a global leader in the energy sector, has selected Basell´s Spheripol technology for a new 700,000 tpa polypropylene plant that will be built in Mesaieed, Qatar, as part ...
Domestic construction boom and a growing market for petrochemicals abroad has led to escalating petrochemical demand. This has provided the thrust for Saudi Basic Industries Corp (SABIC) ...
Royal DSM N.V. plans to invest in expansion of Dyneema®UD (UniDirectional bullet resistant sheet) production by 25% in its Greenville, North Carolina (USA) manufacturing facility. The inv...
Reliance Industries Ltd has offered an 80,000 ton naphtha cargo for Nov. 7-9 loading by spot tender, as per trading sources. The closing date and validity for the tender was not immediate...
Cereplast, Inc. has launched a new family of resins, Cereplast Hybrid Resins™. The new resins will complement Cereplast's existing line of compostable resins, Cereplast Compostables™, exp...
China has become the largest polypropylene net import country in the world as per a report by Research and Markets. Yet, due to the rapid growth in domestic output, the import dependence ...
Qatar Petroleum's international arm Qatar Petroleum International (QPI), has signed an MoU with Hungarian oil and gas major MOL to jointly develop upstream and downstream hydrocarbon and ...
SUMMARY Crude oil prices dipped marginally to US$81 a barrel in New York in the week, due to a stock build up in USA that has eased concerns regarding inadequacy of supplies during peak...
Foster Wheeler Ltd. subsidiaries have been awarded contracts by Qatar Intermediate Industries Holding Co. Ltd. (Qatar Holding), a fully owned subsidiary of Qatar Petroleum, to execute the...
Nigeria's Federal Government is to embark on massive investment in petrochemical plants, as well as development of enterprise centers and industrial clusters around the country. The M...
MOL, Hungary's oil and gas company, has signed a deal with Qatar Petroleum for cooperation in upstream oil and gas and in petrochemicals. The cooperation could cover new or existing natur...
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