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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
South Korea's Honam Petrochemical Corporation hopes to sign a joint venture deal with Qatar Petroleum (QP) for the Mesaieed mixed feedstock petrochemicals complex. Honam and QP have final...
Saudi Basic Industries Corporation (SABIC) has completed the purchase of Huntsman's UK Base Chemicals and Polymers business, acquiring 100% of the shares of Huntsman Petrochemicals UK for...
Ethylene Malaysia Sdn Bhd (EMSB) is currently implementing modifications to its plant in Kertih to optimise its production capacity and ensure that high levels of production can be sustai...
Taiwan's Ministry of Economic Affairs will not review current investment restrictions on similar facilities in China as the country's local naphtha cracking industry still has room for de...
Oil prices have slipped in Asian trade, despite a sharp drop in US crude stockpiles. New York's main contract, light sweet crude for delivery in February, dipped to US$60.33 a barrel from...
Venezuelan state-owned Pequiven has signed an agreement with Japanese firms Mitsubishi Corporation and Mitsubishi Gas Chemical to increase methanol production to 1.6 mln tpa. This will be...
The deal for Saudi Basic Industries Corporation (Sabic)-a Saudi petrochemical group to buy part of Teesside's chemical industry, was agreed between the two companies in September, has bee...
SUMMARY Oil price reduced marginally due to economic slowdown along with milder weather conditions in USA. Oil is expected to remain stagnant around US$60-62/barrel in January 2007. Na...
After dropping on Wednesday to the lowest level in a month due to low demand for home-heating fuels, oil prices rose on Thursday. Light sweet crude for February delivery rose to US$60.56 ...
Dahej, located in the Bharuch district, is the only place from Gujarat to be shortlisted by the Central Government as a Petroleum, Chemicals and petrochemicals region (PCPIR). The other p...
Oil prices fell as milder than normal weather continued in USA, depressing demand for home-heating fuels. Light sweet crude for February delivery slipped to US$61.30 a barrel on the New Y...
Davy Process Technology (DPT) has licensed to Shanxi Sanwei Group Co a plant for producing 75,000 metric tpa of Butanediol equivalent product as a mixture of 1,4 Butanediol (BDO), Tetrahy...
An earthquake measuring 6.7 on the Richter scale, that struck Taiwan at 8:26 pm (1226 am GMT), has triggered three fires in a petrochemical plant. In Kaoshiung, south Taiwan, the quake tr...
To benefit from the advantages of logistics and cheap power in Egypt, South Asian Petrochem plans to incorporate a subsidiary in Egypt, with equity participation from Egyptian Petrochemic...
In the wake of strong equity interest being shown by global players, state-owned Oil and Natural Gas Corporation (ONGC) is likely to take a strategic partner in the second stage of its ga...
As most market participants are on holiday leaving very few factors to spur interest, oil prices were higher in thin holiday Asian trade, recovering ground lost on Friday. New York's main...
Seibu Oil Co. Ltd., a Showa Shell Sekiyu KK group refiner, plans to construct a 25,000 bpd heavy naphtha reformer at its plant in Yamaguchi, Japan, at an investment outlay of about 20 bil...
Light sweet crude for February delivery slipped by 25 cents to settle at US$62.41 on the New York Mercantile Exchange. Oil prices fell in pre-holiday trading on Friday, but held above US$...
QuestAir Technologies has received an order valued at approximately CDN $0.6 million for a QuestAir H-3100 hydrogen purifier to recover hydrogen from ethylene cracker offgas at an ethylen...
Taiwan's leading petrochemical conglomerate - Formosa group plans to expand its naphtha cracking facilities located in central Taiwan at an investment outlay of over 100 billion Taiwan do...
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