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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 Oil prices surged to their highest levels since August 11, 2006 to US$74 due to diminishing North Sea Brent oil production on account of a pipeline shutdown and maintenance work....
SUMMARY While oil declined to US $ 62-63/barrel in the week of 14th May 2007 most of feedstocks with the exception of propylene & EDC increased in price. This coupled with stronger deman...
Food packaging is beginning to move away from materials such as polyethylene terephthalate (PET) toward biodegradable materials due to an increase in consumers' environmental concerns, an...
Advanced Drainage Systems, Inc. (ADS), the world's largest manufacturer of high-density polyethylene (HDPE) pipe, has begun production at its largest U.S. manufacturing plant to help meet...
SolVin, the 30:70 joint venture between Solvay (Brussels, Belgium) and BASF (Ludwigshafen/Germany), and Siberian-Ural Petrochemical (Sibur, Russia), have confirmed that they have establis...
Despite a significant dip in propylene feedstock prices in Asia and the USA, Acrylonitrile (ACN) spot prices in Asia are likely to remain high due to limited ACN availability and strong d...
After the previous sessions' dip, oil prices recorded marginal increase in tandem with a sell-off in gasoline futures. Light, sweet crude for August delivery rose to US$72.61 a barrel in ...
India's Mangalore Refinery and Petrochemicals Ltd. (MRPL) plans to shut its 20,700 barrels-a-day hydrocracker for around 30 days for maintenance during September-October. This shutdown se...
The Centre has given formal clearance for 21 new special economic zones, including the multiproduct Navi Mumbai SEZ promoted by Mukesh Ambani of Reliance. It also gave in-principle approv...
Borealis and Borouge, leading providers of innovative, value creating plastic solutions, will showcase exciting new developments at K 2007. Customers from the entire value chain are invit...
Germany's Degussa and Taiwanese firm Forhouse have announced the start up of Degussa Forhouse Optical Polymers Corporation, their acrylic moulding compounds production plant located in Ta...
SABIC plans to begin borrowing nearly US$9 billion in the next month, mostly in the United States, to fund its purchase of General Electric's plastics business. SABIC bought GE Plastic...
The European Commission has approved an investment aid in the form of a corporate tax relief and a soft loan to the tune of Euro150 mln to Repsol subsidiary Repsol Polimeros SA for settin...
Formosa Petrochemical Corporation (FPCC) has commissioned a 600,000 tpa propylene facility in Mailiao, Taiwan in May 2007. The new cracker has improved supplies to markets in Asia and Eur...
An appeal by Petrol-Ish - a Turkish trade union has been made to Turkey's 13th Economic Court for annulling the results of the tender on the sale of Petkim. The trade union head Mustafa...
Petron Engineering Construction Ltd. has received an order worth Rs 252.9 million from Toyo Engineering India Ltd. for mechanical and piping and painting works for area D & E for naphtha...
KRAIBURG TPE GmbH & Co. KG has expanded its production capacities in the USA. A new production machine went into service at the Duluth, Georgia plant operated by the world's leading manuf...
Texas Petrochemicals, Inc (TPC), a leading petrochemical company specializing in the production of valued added products derived from C4 and C3 hydrocarbons has started the commissioning ...
Hexion Specialty Chemicals, owned by private equity firm Apollo Management, has increased its bid for Huntsman Corporation by adding 75 cents per share, hiking its offer from US$27.25 per...
Solvay Engineered Polymers Inc., has introduced a new engineered polyolefin material in its SEQUEL(R) 1800 series of products. The new SEQUEL 1828 polyolefin exhibits a coefficient of lin...
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