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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
Mitsui & Co. Ltd., Japan's second-biggest trading house, is mulling a joint venture in Saudi Arabia, planned by Saudi International Petrochemical Co. The project, to be built at an estima...
The European Food Safety Authority (EFSA) has declared the use of plastics ingredient (BPA), safe to consumers even in food packaging after re-evaluation. Re-evaluation followed widesprea...
Jilin Chemical (JiHua) Group Corporation, a wholly owned subsidiary of China National Petroleum Corporation (CNPC) has awarded a contract to KBR, the engineering, construction and service...
Many Asian manufacturers of PVC/VCM have reduced running rates of their plants on account of poor production margins. Taiwan's Formosa plans to reduce PVC exports for February shipment by...
Light, sweet crude for March delivery rose to US$59.40 a barrel in electronic trading on the New York Mercantile Exchange midmorning in Singapore. Nymex crude rose to US$59.99 a barrel in...
The West Bengal government is ready to mull an out-of-court settlement with Purnendu Chatterjee in the larger interests of Haldia Petrochemicals Ltd (HPL), only if The Chatterjee Group (T...
Indian Petrochemicals Corp. Ltd. has restarted the naphtha cracking and polyethylene units that were shut on Jan. 4 for planned maintenance at its plant in Vadodara in Gujarat.
Bayer MaterialScience AG plans to boost toluene diisocyanate (TDI) capacity in Shanghai from 160,000 to 300,000 tons, at a total investment outlay of US$1.8 billion by 2009. The approval ...
growing demand, the region seems poised to lead growth in the global biodegradable packaging sector up to 2011, as per a report by Pira International. The region is predicted to undergo t...
To capitalise on the current bullish market sentiments, Kuwait Petroleum Corp (KPC, - Asia's second-biggest naphtha supplier) aims to almost triple the premium for April 2007-March 2008 t...
Borouge, the leading provider of innovative plastics solutions, and a consortium of the Engineering division of The Linde Group and CCC formally signed a contract worth approximately USD1...
Mitsui Chemicals, Inc. has signed an agreement with Thai Polypropylene Co., Ltd., a wholly owned subsidiary of SCG Chemicals Co. Ltd, to license its polypropylene (PP) manufacturing techn...
Light, sweet crude for March delivery rose to US$58.93 a barrel on the New York Mercantile Exchange midmorning in Singapore, on expectations of a spike in heating fuel demand, as a bone-c...
IPCL has declared a lockout at its polyester filament yarn manufacturing plant in Allahabad, after an illegal strike by its employees. The Allahabad plant manufactures 65,000 tpa of polye...
Huntsman Corporation and NMG have announced the creation of a new, Russia-based joint venture, ZAO Huntsman - NMG, to manufacture and sell polyurethane systems to the adhesives, coatings,...
Undeterred by Venezuelan President Hugo Chavez's plans to nationalize companies in the telephone, electricity and oil industries, Latin America's biggest chemical company - Braskem SA, wi...
As buyers adopted a wait and watch policy, very few transactions were seen in the Asian propylene market. The soft market saw FOB Korea prices dip to as low as US$1,070/mt level. Chin...
Offers for ethylene have dipped below USD1,300/mt CFR FE as prices plunged last week on bearish demand from downstream PE producers due to poor production margins. The low prices reflect ...
Oil prices spiked past US$59, on anticipation of a sharp rise in fuel demand prompted by a late winter cold snap in the U.S. Northeast, the world's largest heating oil market. Supply worr...
Chemical group Siberian-Ural Petrochemical plans to build a new petrochemical complex in Tobolsk, west Siberia, at a n investment outlay of US$ 750 mln. The project would include product...
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