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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
The US$1.1 bln acquisition of petrochemicals company Suzano Petroquimica by Petrobras is a major step toward consolidation of the sector in Latin America's largest nation. This is a step ...
Sumitomo Chemical plans to expand polypropylene (PP) compound business in both North America and Europe. Sumitomo plans to set up new manufacturing and marketing operations in the two con...
Following scheduled maintenance, Ineos Polyolefins (Lyndhurst,UK) attempted an unsuccessful start up of its Scottish facility at Grangemouth. This caused the company to declare "force maj...
DSM Engineering Plastics will triple its high-performance thermoplastics manufacturing capacity in India from 7,000 to 20,000 tpa. The expansion, planned at an investment outlay of $20 ml...
The board of directors at Celanese (Dallas, TX) has officially approved relocation of engineering polymer producing subsidiary Ticona from its present location in Kelsterbach, Germany sou...
The Tyumen regional government and SIBUR subsidiary Tobolsk Polymer have signed an investment agreement on state support for a project to build a propylene and polypropylene complex in To...
Light, sweet crude for September delivery dipped to US$72.20 a barrel in Asian electronic trading on the New York Mercantile Exchange, midmorning in Singapore. September Brent crude fell ...
Technip has been awarded a basic design and engineering contract by Sinopec Yangzi Petrochemical Co. Ltd. (YPC) for a syngas plant located in Nanjing, China. The plant is expected to beco...
In a bid to pull alongside global competition and consolidation process, GAIL India Ltd. plans to venture into the business of setting up a petrochemical hub by joining hands with private...
SUMMARY Crude oil futures declined to US$75.48 for September delivery in the week of 6th August 2007 on the New York Mercantile Exchange. This dip is in continuity to the decline prom...
Emerson Process Management, has been selected to digitally automate the Fujian Refining and Ethylene Joint Venture Project in Quanzhou City, China. The project is the largest integrated r...
Invensys Process Systems has successfully completed an automation project in a major expansion of the Samsung Total petrochemical complex in Daesan, Korea. The process revamp included...
Bandar Imam Petrochemical Complex has produced more than two million tons of petrochemicals during the first four months of the current Iranian year, marking a 5% increase in production a...
Oil prices dipped below US$75 on Monday in Asia. This dip is in continuity to the decline prompted on Friday by news of a cooling U.S. job market. The contract declined US$1.38 to settle ...
Chevron Phillips Chemical Company LP is to commence construction on a 22 mln pound pa Ryton® polyphenylene sulfide (PPS) manufacturing facility at Texas. This new facility will boost the ...
Pursuant to last weeks' meeting with Iranian officials hosted by Senegal's President, Iran plans to build oil refinery and petrochemicals plant in Senegal. Iran also promised to speed up ...
Brazilian state-run oil giant Petrobras plans to acquire a 76% stake in petrochemicals company Suzano Petroquimica SA, for 2.1 bln reais ($1.1 bln). This acquisition is Petrobras' second ...
Sale of General Electric Co.'s plastics division to Saudi Basic Industries Corp. (SABIC) for about US$11.6 bln (€8.63 bln) has been granted approval by the EU. This sale is an important s...
High performance cast PET film extrusion lines, a further strategic development of Brückner Formtec, have secured a huge success on international markets. Three such Formtec lines are cur...
Mixed analysis of U.S. fuel stocks data has allowed oil prices to remain flat, after the previous session's moderate rise. Light, sweet crude for September delivery rose by barely 2 cents...
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