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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
Despite a dip recorded in oil prices, prices are expected to firm up around record levels as the market is wary of potential looming tropical storm off the west coast of Florida. A foreca...
Korea's fourth-biggest petrochemical company by sales - Korea Kumho Petrochemical Co. plans to spend 285.3 bln won (US$307.8 mln) for the expansion of its plants in southern Korea by 2010...
The feedstock supply agreement has been signed for the Assam Gas Cracker Project. The Gas supply agreement was signed between Brahmaputra Cracker and Polymer Limited (BCPL) and Oil India...
India's largest polystyrene producer Supreme Petrochemicals Limited, is anticipates a turnover of Rs 1,600 crore in the current fiscal commencing from July 1, 2007. This is a 15% jump fr...
The recent AMI conference on Medical Grade Polymers (September 12-13, Philadelphia) attracted a cross-section of the medical device industry. There were a lot of mechanical engineers vis...
Mitsubishi Heavy Industries, Ltd. (MHI) has been awarded a contract by ExxonMobil Asia Pacific Pte. Ltd. for two large-scale polyethylene (PE) units planned in Singapore. The two plants h...
Texas Petrochemicals, Inc's Port Neches facility has safely resumed its operations post Hurrican Humberto. All its units are successfully on line following a short outage as a result of H...
Germany's Evonik Degussa, a global leader in specialty chemicals, has commenced construction on a new plant to produce about 100,000 tpa of methyl methacrylates (MMA), along with products...
La Seda de Barcelona SA said has launched a E180 mln binding offer for Eastman Chemical Company´s PET and PTA plants in Rotterdam, Netherlands, and Workington, UK. La Seda has stated that...
SUMMARY Crude oil futures escalated past US$80 per barrel as fast-forming Hurricane Humberto stunned the area around the Texas-Louisiana border and rendered shut down of three refinerie...
Mitsubishi Chemical Corporation and Sasol Chemical Industries Limited have agreed to dissolve the joint venture for acrylic acid and acrylates business in the Republic of South Africa, es...
In a bid to meet strong global demand, SP Chemicals plans to produce 320,000 tpa of styrene monomer. SP Chemicals plans to invest 1.1 bln renminbi (S$220 mln) on production facilities in ...
Malaysia's Petroliam Nasional Bhd (Petronas) plans to develop a plastics manufacturing hub in Kertih to take advantage of readily available feedstock from its adjacent ethylene crackers. ...
Graham Corp. has received two orders totaling to US$3.7 mln to provide equipment for a methanol production facility in Oman and for a Gulf Coast oil refinery in Texas. Graham will pro...
Asia's top oil and gas company - PetroChina, has won environmental clearance for its oil and petrochemical projects. The six projects, including a 200,000 bpd refinery and one mln tpa eth...
Iran has privatized 12 petrochemical companies in the past Iranian calendar year that has ended on March 20, 2007. This accounts for 35% of the sector's subsidiaries. The petrochemical co...
Market grapevine suggests that Czech financial group KKCG has hived off 6.1% stake in petrochemicals maker Unipetrol to an unnamed local company with Russian financing. The stake correspo...
Oil prices touched new highs and surpassed US$82 a barrel on news of a cut in interest rates by the Federal Reserve to boost the US economy. The Federal Reserve announced a cut in key int...
ALFA, S.A.B. de C.V. (ALFA) plans to acquire PET Eastman's polymers production facilities in Mexico and Argentina. Alfa has entered into definitive agreements with Eastman Chemical Compan...
In a move towards its' commitment to strengthen its position in Europe, with a focus on driving the growth of its Performance businesses throughout the region; Dow Polyurethanes, a busine...
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