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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
SUMMARY Oil prices declined further and reached just below US$53/barrel, the lowest price in the last one year. Naphtha prices, on account of inactive market conditions and decline in ...
Teijin Chemical Ltd. has commenced production at its the second plycarbonate (PC) plant with a capacity of 50,000 tpa in China's Zhejiang province. This start up follows the company's fir...
Output of ethylene has witnessed double digit growth this fiscal at Asia's largest refiner by capacity - China Petroleum & Chemical Corp. (Sinopec), along with refining a record volume of...
India's largest private sector enterprise Reliance Industries Ltd. estimates its export turnover to more than double this fiscal at Rs 75,000 crore, up from Rs 32,691 crore in 2005-06, ma...
Oil prices rose on Thursday in Asian trading after an overnight rally of more than a dollar a barrel on speculation that prices may have bottomed out. Investors seem wary about taking sho...
The Union Government has decided to limit the number of Petroleum, Chemicals and Petrochemical Investment Regions (PCPIRs) to less than twelve, as per a suggestion made by the Finance Min...
Brückner Group, Siegsdorf and JM Gesellschaft für industrielle Beteiligungen mbH & Co. KgaA, Worms, announced today that effective 01 January 2007 all shares of Kiefel AG, located in Frei...
Italian company Mossi & Ghisolfi's (M&G) has completed construction of its new US$325 mln polyethylene terephthalate (PET) resin plant in Brazil's Pernambuco state. The plant that took 22...
A statement from Saudi Arabia's oil minister that further OPEC productions cuts were not necessary right now have caused oil prices to plunge to 19 month lows. After the dip, prices recov...
A huge explosion at BP's Texas oil refinery in March 2005 killed 15 workers and injured 180. A team conducting an inquiry, led by Former US secretary of state, into the blast has accused ...
RAE Systems Inc. has been awarded an exclusive US$2 million contract with the Dushanzi division of PetroChina to provide fixed toxic and combustible gas detection equipment at the constru...
The Union Government had agreed to grant a chemical hub to West Bengal in Haldia. However, the state Chief Minister has been lobbying to convert it into a PCPIR in a bid to attract greate...
Shell Chemicals has declared "force majeure" on 11 January 2007 for ethylene (C2) und propylene (C3) from Wesseling / Germany. It is not clear when Cracker 2B, that went down on 8 January...
Venezuela has called for an extraordinary meeting of the Organization of Petroleum Exporting Countries to push for another production cut in order to stem falling oil prices as natural ga...
RTP Company has added multiple long fiber-reinforced thermoplastic (LFRT) production lines at its Suzhou, China manufacturing facility. The long glass fiber compounds are based on various...
Following an US$81 million loss incurred due to bad bets on naphtha markets, Mitsui & Co., Japan's second-biggest trading house, plans to close naphtha trading unit Mitsui Oil (Asia) Pte....
The share of Middle East in global plastics production is set to rise as per Messe Düsseldorf, the Germany based leading global exhibition organiser, that emphasised the increased role of...
Uhde GmbH, a construction unit of ThyssenKrupp AG, won a 550 mln euros (US$712 million) contract to build a petrochemical plant in Egypt's tax-free zone of Port Said for Egyptian Propylen...
Better productivity and reduction in costs have spurred a 40% increase in Q3 net profits of Indian Petrochemicals Corporation's (IPCL) Q3. Net profit spiked to Rs 405 crore from Rs 289 cr...
Milliken & Company recently took advantage of the Battenfeld Gloucester Engineering Process Development Center by completing two sets of successful trials using the Battenfeld Gloucester'...
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