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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
India's second-biggest chemicals maker Indian Petrochemicals Corp. has posted a 94% drop in the last quarter profit because of the cost of reducing its workforce. Net income fell to Rs 18...
In 2005, Americans used and discarded 14.4 billion disposable paper cups for hot beverages. If put end-to-end, those cups would circle the earth 55 times. Based on anticipated growth of s...
Kim Seung-youn, Chairman of the Hanwha Group, one of South Korea's richest people, was sentenced to 18 months in prison. This term was announced for a sensational beating attack earlier t...
Confirmation is awaited from Sabic about its plans to partner Sinopec in a joint venture for a US$1 bn petrochemical complex at Tianjin. Sinopec subsidiary Tianjin Petrochemical (TPC) emb...
PTT Pcl, Thailand's biggest energy company, despite beating last year's record sales and net income, could record a dip in profits. This is because PTT calculates its revenue in terms of ...
Bayer MaterialScience (Leverkusen, Germany) will delay start-up of its second polycarbonate line with a capacity of 100,000 tpa at Caojing, China by at least six months. The plant start u...
Japan's Chiyoda Corp has lost its bid for engineering, procurement and construction (EPC) work on Exxon Mobil's steam cracker in Singapore. This leaves Shaw's Stone & Webster as the sole ...
To serve the fast growing markets in the Commonwealth of Independent States, Russia is all set to get its first fully integrated vinyls plant. In a deal signed by Russian petrochemical g...
Saudi Arabia's Ambassador to India has expressed an interest in a proposed petrochemicals plant in a meeting with GAIL CMD and senior officials. The matters discussed were setting up of a...
One of the world's leaders in systems, services, and software for next-generation communications networks, has slashed material-related costs by 53% and reduced environmental impacts - by...
Thailand's Indorama Polymers has received approval for a 420,000 tpa polyethylene terephthalate (PET) plant in North America, at an investment outlay of US$140 mln. The project, due for c...
Formosa Petrochemical Corp (FPCC)'s recently commissioned metathesis plant (olefins conversion unit (OCU)), is currently operating at 60% capacity. The OCU was originally scheduled to com...
GE Plastics has introduced a new product platform that helps solve the drawbacks of dry-blending colorants, flame retardants, additives, and other effects in long-glass-fiber compounds. G...
As part of its expansion strategy, West Bengal based Haldia Petrochemicals Ltd. has planned an increase in ethylene capacity. This hike in ethylene capacities will meet the anticipated in...
South Korean petrochemical group Samsung Total has denied reports about plans of the company to invest 400 billion won (US$384 mln) in 2008 to raise its output capacity. The company has a...
Companies from the Mittal group, a business conglomerate with extensive interests in India and overseas, plans to invest US$2.9 bln in Bangladesh. A Mittal Group delegation has signed a m...
State owned ONGC seems likely to hive off 34% equity in its special purpose vehicle ONGC Petro-additions (OPaL) formed for the upcoming Rs 13,500 crore petrochem project at Dahej. ONGC cu...
Degussa GmbH has doubled its production plant capacity for carbon black in Paulinia, Brazil, to 100,000 tpa, augmenting its position as the world's second largest manufacturer of carbon b...
Unlike the refining cycle, whose downturn has been pushed away till mid 2010 or early 2011, the petrochemical cycle is headed for a downturn as early as 2009, as per a recent research. ...
Siemens Power Generation (PG) will supply core equipment to the world's first Methanol-to-Propylene (MTP) Plant, for an order value at EUR20 Mio. The MTP process plant will be operated by...
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