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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 slumped to US$71.5 for September delivery in the week of 13th August 2007 on the New York Mercantile Exchange. This dip is in continuity to the decline prompte...
Petrobas -Brazil's state oil company Petrobras, will increase investment in petrochemicals by 30%, hiking the investment amount to US$4.3 bln from the previous plan. Spending on biofuels ...
Oil and Natural Gas Corporation's (ONGC) proposed greenfield refinery at Kakinada, Andhra Pradesh, has been found commercially unviable in a pre-feasibility report prepared by Consultants...
Reliance Industries (RIL), has delayed this years' annual general meeting (AGM), as it has not yet received approvals for merger of Indian Petrochemicals (IPCL) with itself. Reliance norm...
o Strong growth of net profit in Q2 2007 - 50% increase on the same period in 2006 o Asset development programmes in Europe and the Middle East continue to increase competitiveness o Ac...
FINGERPRINT™ polyethylene introduced by Dow is an effective in increasing the performance of micro-irrigation systems while helping to reduce the amount of water lost to leakage. FINGERPR...
Under the EU Merger Regulation, the European Commission has cleared the proposed acquisition of the thermoplastic engineering business of the German company Lanxess by INEOS, a UK based g...
International Energy Agency that predicts global demand for oil will grow by 2.5% next year and that production and supply will not keep up. Oil prices rose in Asian trading after this pr...
South Korea's Lotte Daesan Petrochemical Corp. has shut its 250,000 tpa polypropylene production on account of an unexpected outage for approximately one week. The loss of production for ...
Crashpads made of polyurethane (PU) rigid foam are used in automobile interiors to reduce the impact force in case of accidents, thus protecting the driver and passengers from serious inj...
Valeo, the world's leading manufacturer of automotive lighting products, has chosen DuPont™ Zytel® HTN PPA for use in adaptive front lighting systems that are used in models such as the V...
With a view to boost production to world scale and increase competitiveness, Brazil's state-controlled oil company - Petroleo Brasileiro SA and União de Industrias Petroqumicas, are in ta...
Reliance Industries (RIL) plans to close down its polyester intermediate mono-ethylene glycol (MEG) manufacturing facility at Kurkumbh near Pune. The Kurkumbh unit, which manufactures MEG...
One person was killed and two others suffered injuries as a result of an accident at Tomskneftekhim chemicals plant early on Sunday. The incident occurred when accidental release of ethyl...
Braskem's net income reached 9.4 bln reais (US$ 4.9 bln) in H1-07, a 17% increase over the same months of 2006. The company has earned US$1.2 bln from exports in H1-07, a 33% growth as co...
Oil prices stabilized at US$71 levels in Asian trading. Light, sweet crude for September delivery steadied at US$71.58 a barrel in Asian electronic trading on the New York Mercantile Exch...
Polystyrene major, Supreme Petrochem has recommended dividend of 10% or Re. 1.00 per share of Rs.10 each for the fiscal year 2007. The company has, in principle, approved the merger of...
Singapore's SP Chemicals has received approval from Vietnam's central government to build a petrochemical facility and an industrial park in the central province of Phu Yen. SP plans ...
Sinopec Corp. is holding talks with Kuwait Petroleum Corp, Dow Chemical Co. and Royal Dutch Shell to build a major refinery and petrochemical plant in Guangdong, South China. The refinery...
A refinery planned to be built by state-owned oil companies Petroecuador and Petroleos de Venezuela will form part of a US$10 bln petrochemical complex. Ecuador aspires to have the other ...
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