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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
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 ...
Energias - a consortium of private firms led by Spain's Tecnicas Reunidas will present a 20 year plan worth US$40 bln to transform Panama into a refinery and petrochemical hub for Latin A...
India's Reliance Industries plans to US$10 billion in the oil refining, petrochemicals and plastics industries in Egypt. The investment outlay will include US$1 billion towards buildi...
In a bid to become a leading exporter of refined petroleum products, India is seeking partners from UAE and Gulf to invest in refining and petrochemical projects in Andhra Pradesh, Karnat...
GAIL (India) Ltd. and Reliance Industries Ltd. (RIL) could team up for setting up overseas petrochemical projects. This is in pursuit to the decision by the board of GAIL that permits the...
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...
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