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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
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 ...
German plastics processors have achieved a 10% growth in turnover to €49.3 bln as per an announcement by the industry's trade association GKV. The growth was lower in volume terms, but st...
Brazilian petrochemical company Braskem plans to invest US$1.4 billion (€1.07 billion) in construction of a plant in Bolivia. Brazilian energy giant Petrobras is also in talks to open a b...
Oil prices spiked on Wednesday and hover around US$60 a barrel for the first time this year. The price of a barrel of crude oil trading for delivery in April rose buy US$1.22 to US$60.07....
To take advantage of growing demand from the construction industry, Nova Innovene plans to embark upon debottlenecking programmes at all its EPS manufacturing sites in Europe, to increase...
The Fair Trade Commission's W105.1 billion fine on 10 South Korean petrochemical companies, for price rigging has spread panic and distrust through the petrochem industry. The firms are b...
As energy an feedstock prices continue to rise, and demand continues to remain solid, Dow Chemical Company has announced a $0.12/lb. price increase across North America for all polycarbon...
A number of construction workers at Kuwait Petrochemicals Industries Company (PIC) were subjected to slight suffocation at the company's olefins plant. The suffocation was caused by heavy...
Eastman Chemical Company has entered into an agreement for the sale of Eastman Chemical Iberia, S.A., located in Spain, to La Seda de Barcelona, S.A. The sale includes Eastman's PET polym...
Egypt has been coordinating with Saudi Arabia to expand joint projects in petroleum industry. Bilateral cooperation in the gas and petrochemicals domains are being discussed. Egypt's poli...
Three key contracts relating to Qatofin project at Mesaieed have been awarded. These include: The engineering, procurement and construction (EPC) contract for the linear low-density poly...
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