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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
Japan's Mitsubishi Chemical Corp. plans to construct a new polypropylene composite plant in China for its subsidiary-Beijing Ju-Ling-Yan Plastic Co., to supply to automakers in the southe...
Shin-Etsu PVC is likely to uphold 'force majeure' on VCM and PVC at least until 9 or 10 June 2007. The European subsidiary of the Japanese vinyls producer declared 'force majeure' (FM) fo...
Thai oil refiner and petrochemical manufacturer IRPC seems to be in danger of losing renewal of existing operating licences as well as refusal of permission for new licences, if it does n...
Petrochemical demand in Asia, despite showing signs of slowing down, remains extremely strong. Ethylene prices hit record high levels of US$1,400/ton in Q3-2006. Ethylene continues in the...
Larsen and Toubro has bagged a US$51 mln (Rs 207 crore) contract from Dubai- based ENOC Processing Company LLC (EPCL) for mechanical erection of a naphtha hydro-treated reformer project. ...
Rapra Technology, the UK based international plastics and rubber specialist organisation is working in collaboration with associated Smithers Group company, the US based Smithers Quality ...
Reliance Petroleum, a wholly-owned subsidiary of Reliance Industries, has selected Dow's Unipol PP Process for a new world-scale polypropylene (PP) production facility, to be built in a s...
A Russian joint venture backed by led by Gazprom's chemicals arm Sibur and up to 30% owned by Russia's No. 2 gas firm Novatek, plans to build the world's biggest polypropylene plant in th...
Shenhua Baotou Coal Chemicals Company has selected UNIPOL™ PP Technology from Dow for a new 300,000 tpa polypropylene (PP) facility, due onstream in 2010. The plant is to be constructed ...
Petroqumica de Venezuela and thermoplastic resins company Braskem have selected Basell's Spheripol technology for their new 450,000 tpa polypropylene plant to be built in Jose, Venezuela....
Saudi Arabia-based petrochemicals manufacturer Saudi Basic Industries Corp. (SABIC) has signed an agreement to acquire GE Plastics' engineering thermoplastics division for US$11.6 billion...
In a move to to cater to the rapidly growing petrochemicals market in the Middle East, Dubai's Gold and Commodities Exchange (DGCX) is expected to start trading plastics contracts by Q3 o...
British chemicals group Ineos Enterprises Ltd. has concluded its second Norwegian acquisition within one month, buying Borealis AS' petrochemical unit for about US$391 mln. The Borealis f...
Haldia Petrochemicals plans to invest Rs 800 crore to expand polymer capacity by 30%. Ethylene capacity will be raised to 670,000 tons from the present 523,000 tons. The company plan to m...
Borouge has signed contracts worth US$3.1 bln for its huge expansion project in Ruwais, Abu Dhabi. Construction work under all three contracts is set for completion in 2010. The US$1.85...
Experts have begun to doubt the sustainability of China’s growth rate at 10% for the next 20 years at a time when Middle East producers’ have been rapidly building up capacity to take adv...
Saudi Arabian Oil Co and Dow Chemical Co.’s 8 mln tpa facility, currently under construction at Ras Tanura refinery, Saudi Arabia, will be the world’s largest grassroots petrochemicals an...
SUMMARY Oil after enjoying buoyant price for the last few weeks finally tapered off & remained stagnant at about US $ 65.1/barrel in the week of 4th June 2007. Naphtha declined due t...
Borouge, a leading provider of innovative, value creating plastics solutions, today formally signed contracts valued at approximately US$3.1 billion for Borouge 2, the major expansion pro...
SUMMARY Oil continues to remain stronger. This week oil increased marginally to US $ 65/barrel due to violence in Nigeria & higher demand potential in USA due to long weekend holidays...
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