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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
US specialty chemicals firm- Hexion Specialty Chemicals, owned by an affiliate of the private equity firm Apollo Management, has offered to buy Huntsman two dollars more than Basell. Hexi...
A new lighter weight polyethylene terephthalate (PET) bottle for water targets beverage companies that want to cut down on packaging costs. The NoBottle introduced by France-based Sidel w...
Saudi European Petro-chemical (Ibn Zohr), a Sabic subsidiary has borrowed US$855 million in an Islamic loan to finance expansion. The amount was borrowed under a murabaha facility from a ...
Supply restrictions have led to an increase in prices for standard thermoplastics in Europe in June as per EPN's monthly report. The polyolefins sector was the worst affected by plann...
Indian Oil Corporation (IOC) is on the verge of concluding the process for acquiring a controlling stake in the Turkish government-owned petrochemical firm Petkim, valued at over US$1 bln...
A 50% plunge in the size of the US injection moulding machine market from 7,500 to 3,400 units a year, has led the Demag Plastics Group to a decision to stop production of injection mould...
Crude oil prices jumped this week pumped by concerns over summer supplies following the release of a weekly U.S. government data that showed unexpected drop in gasoline inventories just b...
Technical problems at the plant have caused Ineos Olefins to declare force majeure on ethylene and propylene from its no. 5 cracker at Cologne, Germany. The cracker went down unexpectedly...
Bayer MaterialScience has completed acquisition of the Taiwan Ure-Tech Group on July 1, 2007, consolidating its position as the world's largest supplier of TPU resins and films. The acqui...
Mirel is a family of biobased, sustainable and biodegradable, semi-crystalline natural plastics manufactured by Metabolix Inc. at Telles, its joint venture with Archer Daniels Midland. Th...
- The U.S. Department of Labor's Occupational Safety and Health Administration (OSHA) has published a directive implementing a National Emphasis Program to help eliminate workplace hazard...
Tiny plastic fibers could be the key to some diverse technologies in the future -- including self-cleaning surfaces, transparent electronics, and biomedical tools that manipulate strands ...
Spain's La Seda de Barcelona SA agreed to buy Amcor Ltd.'s European PET unit for 425 million euros (US$575 million), seeking to become one of Europe's biggest makers of plastics used in b...
The latest developments in window, door and siding profiles were discussed at the international conference in June in Charlotte, USA, organized by Applied Market Information LLC. Profile...
The Waste Electrical and Electronic Equipment (WEEE) directive that came into force in the UK makes producers, importers and retailers of electronic goods responsible for recycling their ...
State-run Indian Oil Corp (IndianOil) is to set up a paraxylene plant at its Haldia refinery as part of its plans to make the region a petrochemicals hub. A memorandum of understanding ha...
The world's second-largest chemical manufacturer US$49 bln Dow Chemicals, has signed an agreement with Gujarat Alkalies and Chemicals (GACL), a Gujarat government company, to set up a che...
BASF (Ludwigshafen, Germany) plans to sell its minority stake in the 610,000 tpa cracker at Geismar, Louisiana, USA to one of the other partners, Williams Olefins. GE Petrochemicals, the ...
South Korea's GS Engineering and Construction Corp. has been awarded a US$185 mln order to build a polypropylene plant for Thailand's HMC Polymers Co. Ltd. GS Engineering has received the...
SUMMARY Oil prices surged above US$70/barrel due to strong demand for fuel ahead of the conventional high demand summer season. Naphtha increased on account of strong crude prices de...
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