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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
GAIL (India) Ltd. has suspended a proposed petrochemical complex due to a shortage of ethane-rich natural gas required as feedstock. The gas-cracker project had not been shelved, but will...
French oil group has signed a US$3 bln petrochemicals project contract with Algerian gas giant Sonatrach. Total will finance 51% of the project and Sonatrach the other 49%. Manufactur...
IG Petrochemicals Limited (IGPL), one of the largest producers of Phthalic Anhydride (PAN), announced its financial results for Q1 ended 30th June 2007. I G Petro reported a turnover of...
China's Sinopec Group is to embark upon a US$278 mln (RM959 mln) expansion at Dongxing refinery located in south China to produce high quality fuels and process heavier crudes. The plant ...
One of North India's most ambitious projects seems set to be commissioned at Phulokhari in Bathinda. The tie-up between LN Mittal-owned Mittal Energy Investments Pvt Ltd and HPCL is to ma...
The Indonesian government is considering hiving off its entire 70% stake in PT Tuban Petrochemical Industries (Tuban Petro) to state-run oil and gas company PT Pertamina. This decision fo...
Ineos Olefins (Lyndhurst, UK) has lifted force majeure on ethylene and propylene from its no. 5 cracker at Cologne, Germany after the successful re-start of the raw gas compressor.
Lyondell Chemical Co. has agreed to be acquired by Netherlands-based Basell for US$48 a share. The offer values Lyondell at about US$12.72 billion and also involves the assumption of abou...
Recycled materials, in most cases, are still a bargain, but low demand has kept prices stable for the time being, although some prices rose about 2¢/lb in the last quarter. Most experts b...
BASF Aktiengesellschaft (Ludwigshafen) plans to evaluate strategic options for selected parts of its styrenics activities. BASF has received an initial offer for selected parts of its sty...
With the global expansion of the plastic pipe markets, the need for customised fittings to join pipe and create branch lines has also grown. Ewan Green (AMI) has described the growth in p...
Sinopec Shanghai Petrochemical Co. Ltd., has shut down a 700,000 tpa ethylene facility for a period of one month for regular maintenance. The turnaround was scheduled to be completed by t...
Global sales of plastics pipes are projected to rise to 7.3 billion metres by 2010, as per US research group Global Industry Analysts. It expects the fast growing economies of Asia-Pac...
BASF (Ludwigshafen, Germany) has removed force majeure on ethylene (C2) supplies from Ludwigshafen on 12 July 2007. The site had been shut for ten days due to a defective compressor in th...
In a bid to diversify the range of products the country produces from its abundant hydrocarbon reserves, Algeria has awarded contracts to the tune of more than US$4 billion for petrochemi...
South Asian Petrochem (SAPL) with Egyptian Petrochemicals Holding Company (ECHEM) is to float a new company, Egypt India Pet Chem in Q3-2007. In line with the company's strategy to ma...
Oil prices saw marginal movement amid concerns over production in the North Sea. Chevron Corp. and ConocoPhillips have reported that the closure of the North Sea's Central Area Transmissi...
Shenhua Baotou Coal Chemical Co. Ltd, part of the Shenhua Group Corporation Limited, has selected Univation's UNIPOL ™ PE process for a 300,000 tpa polyethylene plant. The new facility is...
Earlier this week Alberta's provincial government approved the details of the Incremental Ethane Extraction Policy (IEEP), to provide incentives for value-added production and the use of ...
Kuwait's state owned Petrochemical Industries Co. (PIC) plans to borrow US$1.4 bln for an aromatics project that is part of a US$8 bln petrochemical complex in Shuaiba. Part of the loan w...
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