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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
government, South China's Guangdong Province plan to build oil reserve facilities and more than double petrochemical output by 2010 to meet local demand. Guangdong's petrochemical output,...
BASF plans to increase capacity for its styrenic foam Neopor at Ludwigshafen, Germany, and commence production in South Korea, in a move to provide the most modern forms of insulation mat...
Central and NorthAsia and the consumption centres in the West, state-run refiner-marketer Indian Oil Corporation plans to acquire a Turkish petrochem major. IOC has submitted an expressio...
Deteriorating relationship between Iran and the West and last week's further falls in U.S. commercial oil inventories seem to be driving crude prices up. Monday witnessed oil prices settl...
Seven to eight business proposals from oil, gas and petrochemical companies are waiting for environmental-assessment studies. Despite pollution problems in Map Ta Phut, they still prefer ...
European Union (EU) members are keen to invest in Malaysia's petrochemical industry especially in Pahang - where the prospects look bright. Pahang is the preferred investment destination ...
PolyOne has launched liquid colourants for use in bioplastics in biodegradable applications. Tests for the concentrates, which are European food contact compliant, have shown no migratio...
At US$3.6 bln, South Korean contractors' construction orders in Saudi Arabia are expected to surpass US$3 billion this year, for various Saudi infrastructure, including petrochemical and ...
Samsung Saudi Arabia, established in 1999 by Samsung Engineering of South Korea, had emerged as one of the leading companies in petrochemical, oil and gas, refinery, industrial and enviro...
Shell Global Solutions engineering and analytical technology manager (Asia-Pacific Service Centre)’s Malaysian office is committed to providing multi-million dollar technical consultation...
Brazil's state-owned oil and gas company Petrobras plans to set up a petrochemical complex in the southeastern part of the country, site of its main operations. Petrobras is in talks with...
In its commitment to expand globally, Saudi Basic (Sabic) plans to bid for General Electric's plastics division in a deal that could be valued at up to US$12 bln (€9 bln). Citigroup has b...
Unrest in the Middle East region and Nigeria rose, causing oil prices to catapult past US$62 a barrel Friday and gasoline futures to continue surging. Crude prices currently stand at thei...
The average annual oil demand of China is estimated to grow at 6.5% pa till 2010. By the end of the 11th Five-Year Plan period in 2010; China’s oil demand is estimated to touch 455 milli...
SUMMARY A decision by OPEC countries to maintain oil production and supplies has resulted in a significant decline in oil prices to US$57/barrel. This resulted in downtrend in prices of ...
Qatar Petroleum could may bid for chemicals maker Petkim Petrokimya Holding AS, an is evaluating the deal which the Turkish government is offering for a minimum US$500 million after two f...
NOVA Chemicals Corporation has signed a letter of intent with INEOS to expand the existing European joint venture to include North American assets. The newly expanded 50:50 joint venture ...
A two day protest relay fast by the employees of Indian Petrochemicals Corp (IPCL) ended, as a result of a compromise formula worked out between the management of IPCL and employees. T...
Reliance Industries Ltd and Rohm and Haas Co of the United States are exploring the joint construction of an acrylic-monomer plant in India. The proposed plant in Jamnagar would be able t...
The chemicals and fertilisers ministry in India has aborted the plan to levy a cess on polymer production to generate resources for a technology upgradation fund (TUF) for plastics. The m...
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