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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
Taiwan's Formosa Petrochemical Corp plans to delay maintenance of naphtha processor that turns the crude distillate naphtha into ethylene, and is repaired every two years. This delay has ...
Brazilian Petrobras' petrochemicals unit, Petrobras Quimica SA (Petroquisa) and textile firm Companhia Integrada Textil do Nordeste, or Citiene, plan to invest US$542 million in a petroch...
Korea's Samsung Engineering and Britain's Simon Carves have been awarded a US$300 mln contract from Saudi Kayan Petrochemical Company, a SABIC affiliate, to build two petrochemical plants...
The finance minister of India, as expected, announced a relatively stable annual budget not making any major changes in direct and indirect taxes. This will provide stability to the India...
A world-scale propylene oxide/styrene monomer (POSM) manufacturing project, to be built in Ningbo, China, has received final approval from the Chinese government. Lyondell Chemical Compan...
An increased production capacity and healthy demand growth for polyethylene (PE), will help Titan Chemical Corporation Bhd (Titan) to more than double its market share of Indonesian polye...
Amcor- the Australian packaging major plans to sell its PET bottle operations in Europe. Germany’s Schmalbach Lubeca business that Amcor bought over in 2002, added create a £1.2 bln turn...
A new petrochemical project is being planned in Port Said, Egypt, at an investment outlay of US$750 mln. The complex is being planned with a capacity of 400,000 tons annually towards prod...
SUMMARY Oil prices continued to remain flat and stagnant due to lack of trading due to lunar holidays in China. Oil could see some weakening in March 2007 due to lower demand on account ...
With effect from March 1, 2007, or as contract terms allow, Dow plans to increase prices in Europe by 60 Euros per metric ton for all grades of its low density polyethylene (LDPE) resins ...
As a storm moved toward the U.S. East Coast after dumping 2 feet of snow in the Midwest, Monday morning saw a rise in oil prices in trades in Asia. Trading has been spurred by expectation...
Hindustan Petroleum Corporation (HPCL), a public sector company, plans to set up a petrochemical complex project in Vizag, comprising of a refinery, naphtha cracker and aromatic at an inv...
India’s ministry of finance had exempted till March 31, naphtha bought for Ratnagiri Gas and Power Project (earlier known as Dabhol Power Project) from custom duty, earlier last year. The...
Two joint venture contracts that mark significant milestones in the development of China's first fully integrated Sino-foreign projects that involve refining, petrochemicals & fuels and c...
RIL Board took a decision to confirm its decision taken on November 9, 2006 to raise US$2 bln dollars to finance the capital expenditure plan for oil and gas business through External Com...
The board of Reliance Industries Limited (RIL) has granted approval for the construction of a US$3 bln cracker project in Jamnagar, expected to go on stream by 2010-11. With a total capac...
After waiting 18 months for approval for a petrochemical plant in north eastern Dalian, Sabic may find another location for the plant for which it had planned to invest US$5.2 billion. Th...
Ticona, the engineering polymers business of Celanese Corporation, plans to build a 20,000 metric tpa new GUR® ultra-high molecular weight polyethylene (UHMW-PE) facility at the Celanese ...
During a volatile session on Friday, largely triggered by tensions with oil-producing Iran and expectations of continued pressure on U.S. petroleum product supplies, oil prices reached a ...
After shedding US$1.72 billion in assets to become a specialty products manufacturer, Huntsman Corp., the fifth-biggest U.S. chemical company, may put itself up for sale. The chairman is ...
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