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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
SUMMARY Crude oil futures dipped marginally to US$71.09 per barrel for September delivery in the week of August 27, 2007 on the New York Mercantile Exchange, on account of a sudden unex...
Chicago Bridge & Iron Co NV has agreed to acquire ABB's Lummus Global business, for an enterprise value of $950 million on a debt and cash free basis, subject to adjustments at closing. T...
In a bid to further extend its global network of polyurethane systems, Bayer MaterialScience has signed a contract for the acquisition of the Brahe a.s. systems house in the Czech Republi...
Thailand-based Indorama Polymers Group has announced an estimated US$160.6 mln as initial investment in AlphaPet Inc. plant in USA. Construction is expected to begin in October this year,...
The European Commission has cleared British chemicals company Ineos' proposed E290 mln acquisition of Borealis' operations in Norway. Ineos is a British company active in the production a...
West Bengal Chief Minister had quoted that 4,000 acres of government land would be added to the plots on which Haldia Petrochem and Mitsubishi plants are located to make it a 10,000 acre ...
Oil and gasoline prices rose, recovering from steep losses earlier in the week, as the stock market gained some stability. This stability eased traders' worries about an economic slump th...
Total has been shortlisted as a venture partner by Algerian Sonatrach, to build a petrochemical complex in Arzew, near Oran. The investment outlay is approximated at US$3 bln. Developmen...
China plans to promote environmental pollution liability insurance - to cover third party liabilities arising from accidents at a particular insured site. China's State Environmental Prot...
To fulfill demand growth for reinforced nylon resins in Asia, notably demand from the growing field of electronic and automotive applications, Dupont had initiated polyamide compounding e...
Steel magnate LN Mittal plans to join forces with Total SA of France and Hindustan Petroleum Corporation Ltd (HPCL) to set up a mammoth greenfield refinery cum petrochemical project at th...
The cabinet of South Indian state of Karnataka has cleared a proposal to construct a Petrochemical Complex near Mangalore. This complex will have an investment outlay of Rs 3,590 crore, i...
West Bengal Government has proposed to scale down size plans for "mega chemical hub" in Haldia to 4,000 acres. IOC is expected to set up a mother plant on the 4000 acres of fallow governm...
The mega petrochemicals and plastics project at Sohar, Oman seems to be delayed. The project, to comprise a 1 mln tpa ethylene cracker, three world-scale PE and two PP plants was estimate...
Taiwan's Formosa Petrochemical Corp is likely to shut down its 700,000 tpa naphtha cracker for longer than planned- possibly at least two to three days. Formosa's No. 1 cracker was shut d...
Rohm and Haas Company and Weihai Jinhong Polymer Co. Ltd have commenced production at their joint venture company, Jinhong Rohm and Haas Chemical Company (JinHaas). JinHaas will produce m...
Indian plastic and textiles maker Sintex Industries Ltd. plans to acquire a European composites firm by March 2008. The company, with which the deal is expected to be finalized, has sales...
Japan's Sumitomo Chemical plans to acquire the 40,000 tons PP compounding plant of Asahi Kasei Chemicals located at Havant near Portsmouth. Currently, Asahi Kasei holds 65% stake in the c...
The Shaw Group Inc. has been awarded a contract to provide technology and basic engineering for a 500,000 metric tpa ethylbenzene/styrene monomer (EB/SM) plant for Tianjin Dagu Chemical I...
The new Holosleeve for wine and spirits bottles using three cutting-edge technologies has been introduced by Sleever International. The Holosleeve is heat-shrink labels with integrated ho...
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