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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
A study on future outlook on the organic chemicals industry by Tata Strategic Management Group states that the Indian petrochemical industry is poised for a growth of 12-15% over the next...
Sinopec is contemplating raising US$5 billion to build its joint-venture refinery in Guangzhou. The JV project has a capacity to refine 15 million tons of oil and produce 1 million tons o...
The three partners in Fujian Refining and Petrochemical Co - Exxon, Sinopec and Saudi Arabian Oil, also known as Aramco have raised CNY30 bln (US$4 bln) in funding - representing the lar...
India's largest petrochemical manufacturer Reliance Industries has completed acquisition of Indian Petrochemicals Corp. (IPCL) after a share swap and court approval. Reliance has agreed t...
Larsen & Toubro Ltd. has secured two contracts collectively valued at Rs 267 crore from Indian Oil Corporation and Liaoning Huajin Chemical Corporation, China, for their capacity expansio...
Philippine oil refiner Petron Corp. has awarded a contract to construct the storage and loading facilities for its $300 mln petrochemical project to Daelim Industrial Co. Ltd. of South Ko...
After West Bengal state's chemical hub project was derailed following an unrest in Nandigram over farmland acquisition, the West Bengal government has proposed Nayachar island on the Hoog...
Qapco, the 80:20 joint-venture between Industries Qatar and Total Petrochemicals has successfully completed the expansion project at its ethane cracker of Messaied, at an investment outla...
Results of a study conducted by food scientists at the University of Virginia indicate if clear packaging is expected to be as protective as opaque materials, especially for pathogen-frie...
Reliance and Rohm and Haas are reported to be on the threshold of finalising the equity structure of their proposed joint venture company. Indian petrochem major RIL, and US based special...
ExxonMobil Chemical Company has completed its detailed study of a second world-scale steam cracker complex in Singapore and made the final decision to proceed with construction. The proje...
Engro Asahi Polymer Chemicals - Pakistan's sole polyvinyl chloride (PVC) producer has embarked on an ambitious US$221 mln expansion plan. Engro Asahi has secured loan amounting to US$150 ...
Chennai-based Harita NTI, a TVS Group Company plans to manufacture base resins from bio-mass. Harita NTI, a 50:50 JV between TVS and Northern Technologies International Corporation of the...
Oltchim Ramnicu Valcea is to commence negotiations for the acquisition of Petrochemicals Arges. Petrochemicals Arges encompasses petrochemical operations of Romanian oil firm Petrom's Ar...
Export Development Canada, a Crown corporation that acts as an export credit agency, has announced its US$100 million participation in a 10-year, US$2 billion syndicated loan for petroche...
General Electric Co. has completed the US$11.6 bln sale of its plastics division to Saudi Basic Industries Corp. (SABIC). In recent years, GE Plastics' performance results have afflicted ...
Active and intelligent packaging demand in the US is forecast to grow by 13% pa to US$1.1 bln in 2011, as per a report by Freedonia Group. Robust growth is projected for gas scavenger...
Demand for flame retardants in USA is to rise by 3% pa to 1.2 billion pounds in 2011, at a market value of just over US$1 bln, as per a report by Freedonia. This increase in demand wi...
Ineos Polyolefins has removed force majeure (FM) on its LDPE production at Cologne, Germany, after repairs have successfully carried out. The force majeure was declared in May 2007 after ...
AMI is pleased to announce the second edition of Fire Resistance in Plastics, to take place from 19-21 November 2007 in Cologne, Germany. This unique business conference and exhibition is...
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