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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
Abu Dhabi will invest Dh11 bln (US$3 bln) to expand the capacity of the Borouge petrochemicals facility to 2 million tpa. Abu Dhabi, which has 98 billion barrels of proven crude oil ...
China's largest oil-supertanker owner Titan Petrochemicals Group plans to set up a market to trade spot petrochemical contracts in the nation's south this year. Trading will start with fu...
Basell has made an offer to buy the Shell oil refinery and associated infrastructure and businesses at the Berre l'Etang petrochemical complex in France at an agreed purchase price of US$...
The board of directors of Supreme Petrochem, to be held on Aug. 9, 2007, will consider recommendation of dividend on equity shares of the company. Principle approval for the merger of ...
A fire was reported at Dow's Dow's Plant B polyethylene site. The fire at B-2500 block was extinguished by Dow emergency crews. No injuries or damages were reported and plant operation ha...
Huntsman and Flint Hills Resources, LP, an independent, wholly owned subsidiary of Koch Industries, Inc., have closed on the sale of Huntsman's U.S. Polymers business for approximately US...
ExxonMobil's new Olgone technology has been successfully implemented by Thai Paraxylene, marking the first licensed application in Thailand of ExxonMobil's new technology. The Olgone pro...
The European Commission has granted approval to the Portugese government to provide a EUR 150 mln (US$204 mln) investment. The investment will go towards Repsol Polimeros for the constru...
The world’s third largest producer of Phthalic Anhydride- I G Petrochemicals Ltd. (IGPL), is mulling overseas acquisition in Germany worth over US$300 million. Currently, the company has ...
As part of its ongoing transformation, Czech petrochemicals company Unipetrol Group plans to amalgamate Chemopetrol, Unitpetrol Rafinerie and Unipetrol Refineries, Petrochemicals, Agroche...
GE Plastics has launched a new line of thermoplastic materials with high specific gravity (HSG) that may replace lead in many healthcare applications that call for radiation shielding. Me...
Beverage packaging in compostable bottles saw a 150% rise in global sales this year over last years levels. 10 mln litres of beverages were packaged in compostable bottles last year, rep...
India's top state-run refiner Indian Oil Corp. plans to export 2.4 mln tons of naphtha in the year ending March 2008. This is a sharp rise from last years export levels of 1.6 mln tons.
Dalian Commodity Exchange has introduced linear low-density polyethylene (LLDPE) futures, in a move that will be conducive to hedging against risks for downstream industry of the petroche...
Indian Petrochemicals Corporation Ltd (IPCL), has recorded an 87% increase in its net profit for the quarter ended June 30. Profits rose 86.66% to Rs 336 crore compared to Rs 180 crore a ...
Algeria will invest US$20 bln in its petrochemical industry by 2008. Of the two finalized projects, one is with Total and one with the international consortium Armalt. The other 4-5 petro...
The Dow Chemical Company and Solvay will partner in a hydrogen peroxide (HP) plant in Thailand. The HP plant will be the largest in the world, with a capacity of over 330,000 tpa at 100% ...
Nippon Oil Corp. profit surged 84% in the first-quarter, prompting Japan's biggest refiner to raise its full-year forecast as higher crude oil prices boost the value of the company's inve...
In the second quarter and first half of 2007, BASF has exceeded the record results posted in the same periods of the previous year. In the second quarter, BASF increased sales by 19% and ...
The Algerian oil and gas group Sonatrach and Total Petrochemicals are to partner in a petrochemical project in Arzew near Oran, Algeria. The complex, to be jointly build by the two part...
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