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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
Surplus naphtha supplies in Asia will exert downward pressure on prices. Producers are feeling the heat as they offer material for the month, as they face problems in renewing term contra...
Reliance Industries Ltd. plans to set up a new unit to convert petroleum coke, a low-value residual output of refining crude petroleum, into high value synthetic fuel such as diesel and n...
Almajdouie Trading Establishment has launched Rabigh Petrochemical Logistics - a joint venture with Japan's Sumitomo Warehouse Company, to provide logistics services for the petrochemical...
PT Barito Pacific plans to acquire 70% stake in Chandra Asri for which it plans to launch rights issue in November to raise Rp9.16 trillion (US$1 billion) in fresh fund. Barito estimates ...
Nigeria's Kaduna Refinery and Petrochemical Company (KRPC), may resume production by February 2009, after being shut down since last year. The Energy Ministry has already negotiated a ...
In a move that will catapult it into the global arena, The Azelis Group's has acquired 49% of the shares of Marigold International Pvt. Ltd, an Indian distributor of polymers and chemical...
There is a possibility of Reliance Industries (RIL) coming together with GAIL India and Hindustan Petroleum Corporation (HPCL) to set up a mega 1 mln tpa petrochemical complex in Vishakha...
Hyperion Systems Engineering Ltd, will supply multipurpose dynamic simulators for Shell's new world-scale petrochemical complex, Shell Eastern Petrochemicals Complex* ("SEPC") in Singapor...
At a meeting held on Oct. 4, 2007, the board of directors of SPL Polymers has approved the swap ratio of one share of Supreme Petrochem for every 6 shares held in the company. In August, ...
Shell Chemicals plans to invest in a feedstock swap at its Pernis-Moerdijk, the Netherlands refining and petrochemicals complex. This will enable its Moerdijk ethylene plant to crack hydr...
AMI's Polyolefin Additives 2008 Conference is the place to network with top professionals from the polyolefin industry. There are technical experts from major companies such as Borealis, ...
South Korea's Samsung Engineering & Construction Co has been awarded a US$618 mln order from Thailand's PTT Public Co Ltd to build a petrochemical plant. The plant will be located in PPT ...
Mexichem SAB, the owner of the world's largest fluorite mine, plans a joint venture with a foreign partner to produce fluorocarbons. Mexichem is estimated to reach an agreement with ...
India's largest transporter and marketer of gas, government-owned GAIL India, plans to set up a US$2.3 bln petrochemical plant in Iran. Engineers India Ltd. has been appointed to conduct ...
Teijin is to acquire 50% ownership of NatureWorks LLC, manufacturer of NatureWorks® biopolymer, derived from 100% renewable resources. This acquisition is subject to regulatory approvals....
Hindustan Petroleum Corporation Limited has been allotted 1500 acres of land by The Andhra Pradesh Industrial Infrastructure Corporation to set up a mega petrochemical complex in the Spec...
Scarcity of land on Jurong Island, Singapore's petrochemical and oil refining hub, has led the island state to plan floating storage facilities for oil and petrochemical products. Singapo...
Mangalore Refinery and Petrochemicals Ltd (MRPL) has sold a 30,000 ton naphtha cargo for H2-October loading at a discount as against a premium commanded for its previous sale. Ample suppl...
BP Refining and Petrochemicals has declared Force Majeure (FM) on ethylene supplies from Gelsenkirchen. This situation has been caused due to failure of start-up of the expanded cracker o...
SUMMARY Crude oil prices spiked past US$83 in New York in the week. This spike was caused by a weakening US dollar. Naphtha prices did not show much movement despite runaway crude price...
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