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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
Crude oil prices that continued to fall due to a rise in inventory levels as per the weekly report, rebounded on Wednesday. The rally was caused by several factors: signs that OPEC produc...
SUMMARY Oil price remained at the same level of just below US$52/barrel in the week of 22nd January 2007. The stability in the price of oil has either helped to maintain the price stabil...
U.S. government report indicating that stocks of crude, gasoline and distillates rose last week, affected the market for some time. But after traders shrugged off news that oil inventorie...
Readiness on part of Siam Cement to meet tighter environmental standards will not derail the company's investment plan, as the company is ready to meet tighter controls. The Siam Cement ...
The West Bengal Government plans to promote the SME sector in a big way as it has the potential to create huge employment opportunity. In a bid to develop the plastics industry in West ...
Reliance Industries Ltd (RIL) is eyeing a greenfield petrochemical project or midstream pipeline in Russia. Interest has been expressed in upstream businesses which include petrochemicals...
Capacity expansion being planned by South Korea's ethylene makers will result in an increase in naphtha use is expected by 5.4% this year. Asia's second-largest ethylene maker, Yeochun ...
Chemicals group Lanxess has lifted the force majeure for the production of ABS by at its site in Tarragona, Spain. The force majeure was issued last August by the company's Lustran Polyme...
Dow Chemical (Australia) has been unable to secure a long-term, economically sustainable supply of styrene monomer for the Altona facility, leading the company to announce closure of its ...
Oil and Natural Gas Corp (ONGC) has issued a tender offering a 35,000 ton naphtha cargo at Mumbai port, to be loaded on either February 14-16 or February 18-20. The tender closes on Tu...
A team of South Korean researchers from SK Corp. and the state-run Korea Research Institute of Chemical Technology have developed a highly efficient process to extract ethylene and propyl...
The US federal government has announced plans to boost the country's emergency crude stockpile this spring at a rate of 100,000 bpd, to 1.5 billion barrels, from 691 million barrels. This...
The Brazilian Growth Acceleration Plan (GAP) launched by the Federal Government includes 183 of Petrobras' Strategic Plan projects, representing investments to the tune of R$171.7 bln (US...
SIBUR OJSC plans to invest US$750 mln in the construction of a propylene and polypropylene plant in Tobolsk before 2010. The plant's designed capacity will total 450-500,000 tpa polypropy...
The Saudi national oil company Saudi Aramco, has selected US major Dow Chemicals to partner it to construct, own and operate a world scale chemicals and plastics production complex at the...
South Korea's largest oil company SK Corporation has formed a strategic alliance with Japan's No. 1 oil firm Nippon Oil Corporation, to cooperate in five sectors including overseas resour...
The occurrence of cancer in the Rayong region has put on hold the planned power and petrochemical plants. The plants, planned for Map Ta Phut in Rayong, will be delayed until the Natural ...
A major new study by UK based market intelligence firm, PCI Films Consulting, forecasts that world flexible packaging growth will increase in value terms by an average of 4.6% per annum t...
Rapra Technology, a subsidiary of the US-based independent testing, consulting and contract research organisation, The Smithers Group, is organising a new international conference on REAC...
As part of its plans to expand value chain in all businesses Essar Chemicals Ltd. is mulling the idea of a Joint Venture with French chemical company Akrema to set up a acrylic acid produ...
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