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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
Borouge has awarded the contract to build its new 1.5 million tpa ethylene cracker to Linde Engineering. The cracker is considered to be the largest gas cracker in the world. The value of...
Polymers have always been essential components of many electronic devices and products and their sales are continuing to grow at well over 4% p.a. From their use in the fabrication of sem...
million tpa, considered to be the largest gas cracker in the world. This cracker is to be part of Borouge 2, the major expansion project being undertaken by Borouge to triple production c...
Brazilian petrochemicals group Braskem will surpass the US$1bn mark in this year's exports. The company is targeting a 25% net profit in sales abroad as against the average net profit mar...
Triggered by an attack on an oil facility in Iraq and a statement by Saudi Arabia's oil minister that OPEC might decide to cut output again when it meets next month, oil prices rose by ov...
Following several years of successful growth, and in response to requests from customers, PolyOne has recently announced plans to set up local operations in India. Highlighting its comm...
Rompetrol Petrochemicals expects growth in next years' turnover by 40%, due to modernisation of the low-density polyethylene facility and construction of a marine liquefied gas terminal, ...
India's South Asian Petrochem Ltd. expects to increase PET resin production at its plant in Haldia, near Kolkata, from 400 tons a day to 600 tons per day by mid-2007, Approval from the re...
DuPont Tate & Lyle Bio Products, LLC, an equally owned joint venture of DuPont and Tate & Lyle, has announced the first commercial shipments of Bio-PDO™ from its US$100 million facility i...
Clariant has celebrated the inauguration of its new production plant for Licocene®, the polyolefin-based high-performance polymers in Frankfurt-Höchst, Germany. Speakers at the event will...
The market for open-specification naphtha has long been the most liquid of Asia's derivatives thanks to its relatively simple pricing, diversity of petrochemical end users and low barrier...
Samsung Engineering & Construction Co. Ltd. has been awarded a 323.7 billion won ($347.4 million) construction order to build main naphtha cracking units for Thailand's Map Ta Phut Olefin...
State owned Indian Oil Corporation (IOC), in line with its plans to becoming an integrated energy major, is examining the prospects of further integrating its downstream activities into t...
Hints that the OPEC cartel could cut production again next month in order to support the market, has sent oil prices rising in Asian trade. New York's main contract, light sweet crude for...
Haldia Petrochemicals Ltd (HPL) plans to invest Rs 800 crore by March 2008 for revamping its existing plant and increasing capacity by about 28%. Besides capacity building, HPL is also ev...
In 2005, China used 18.76 million metric tons of ethylene but local production capacity of 8.44 million tons left it with a deficit, filled by imports, of 55% of its needs. Two large ethy...
Iran's first private petrochemical unit, Rejal Petrochemical Complex, is to come on stream in Khuzestan provincial city of Mahshahr next week. First phase of the complex is to be inaugura...
Haldia Petrochemicals has revived initial public offering (IPO) plan, which the company had initiated two years ago in December 2004, when it almost finalised its plan to raise around Rs ...
Demand for bioplastics in Europe has experienced its first boom this year. A survey conducted by the European Bioplastics Association reports that demand has already reached the same leve...
SUMMARY Oil declined sharply and reached US$56/barrel in the week of November 20, 2006. It is likely to fall further in December 2006. Naphtha again slipped back and reached US$535/MT. D...
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