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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
Reliance Petrochemicals (RPL) is planning to increase its exploration activities in the next three to four years. The company has made discovery of hydrocarbon off the Orissa coast. The ...
SK Corp of Korea and Sinopec Corp are considering to establish a naphtha cracker in China. The investment of US$ 2.2 billion could generate up to US$ 3.2 billion in sales for SK Corp from...
Qatar Petrochemical will use Basell's Lupotech Technology for 250,000 LDPE plant in Mesaieed. This is the 50th Lupotech Technology license worldwide. The advantage of Basell's Technology ...
Borouge today announced the launch of the Gulf Plastics Pipe Academy (GPPA), of which it is a founding member. The GPPA, formally launched by Harald Hammer, CEO, Borouge Pte Ltd at Dubai ...
Japan's ethylene production increased to 1.4% in financial year 2006. This was the second highest record. The production was 7.66 million tons and was the second highest on record, just u...
Oil prices fell on Thursday because traders focused on buildups in inventory at Oklahoma oil terminal. Light sweet crude for May fell by US$1.30. The June contract also fell by US$1.06 t...
The construction of Petroguisa's purified terephthalic acid (PTA) and partially oriented yarn (POY) project has started in Brazil. This project is a 50:50 joint venture with Citene. The p...
The Shareholders, creditors of Indian Petrochemicals Corporation have accepted the merger scheme of the company with Reliance Industries Ltd (RIL). On 18 April 2007 the company had filed ...
SUMMARY Oil price increased marginally & reached US $ 63/barrel in the week of 16th April 2007. It is likely to remain around US $ 65/barrel in May 2007. Naphtha continued its march ...
Oil prices were mixed in Asian trade on news of a fall in US gasoline (petrol) inventories being overshadowed by news that US refineries had ramped up production. Light sweet crude for de...
Haldia Petrochemicals Ltd (HPL) seems to have missed the bus for the global petrochemical upswing due to delays in its expansion plans- this has been alleged by its principal promoter Pur...
After a preliminary study, Brazil's anti-monopoly authority warned that the recent US$4 billion purchase of petrochemicals company Ipiranga had the "potential to cause damage to market co...
Demand For Ethylene Glycol And Ethylene Oxide is predicted to grow by 6.5-7% pa, growing primarily due to robust demand from Asian countries, as per UK-based market research firm Merchant...
In line with its strategy to grow its position in Basic Plastics and Chemicals through joint ventures, Dow Chemical has finalised a joint venture to augment petrochemical production at a ...
Boosted by higher prices and output, the world's largest chemical company by market value, Saudi Basic Industries Corp. (SABIC), has posted a record quarterly profit. Profits have recorde...
Total Petrochemicals France has declared "force majeure" on all PE products from its site at Gonfreville in France, caused by an ethylene shortage triggered by a glitch at the sites crack...
Petrochemical companies grouped under the Federation of Thai Industries' Petrochemical Industry Club will set up a Bt4 bln fund to address environmental problems in the Map Ta Phut Indust...
New York's main oil futures contract, light sweet crude for delivery in May, stood at US$63.28 a barrel and Brent North Sea crude for June delivery rose to US$66.11. This gain has been by...
Mitsubishi Chemical Corp has plans for substantial increase in polycarbonate capacity in Japan and China. A project that was mulled in late 2005, regarding a joint venture with a subsidia...
Kuraray has successfully commenced operations at the expanded facilities of the SEPTON Company of America in USA, increasing production capacity by 6,000 tons to 18,000 tons. The expansio...
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