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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
Triggered by rising US supplies, oil prices fell for a second day in response to rising U.S. supplies of crude. Light sweet crude for January delivery fell to US$58.86 a barrel in electro...
The proposal to create petrochemical and petroleum investment regions (PCPIRs) has been referred by the Cabinet to a group of ministers (GoM) to resolve contentious issues including avail...
More than 700 companies, featuring some of the latest world-class technology will impress visitors to Arabplast 2007, the Middle East's leading international plastic and rubber trade exhi...
The European Commission has set a deadline for its inquiry into Saudi Arabian Basic Industries Corporation's (SABIC) proposed US$700 mln acquisition of Huntsman Corp's European base chemi...
The main focus of the 9th International TPE conference organised by Rapra Technology was on new materials and additives entering the market. TPEs are continuing to gain market share by ru...
PetroChina Co. (PTR) has launched its expanded ethylene facility in northwestern China, making it the largest petrochemical producer in western China. An estimated CNY7 billion (US$890 mi...
Light sweet crude for January delivery settled at US$59.24 a barrel on the New York Mercantile Exchange, and On London's ICE Futures exchange, January Brent futures dipped to US at $59.49...
The Dow Chemical Company (Dow) plans to divest its interest in the vinyl acetate monomer (VAM) manufacturing facility at Cabo (State of Pernambuco), Brazil, to JB Group. This divestment d...
Petrochem industry in S Korea saw performance improve greatly over the last 3-4 years due to soaring demand from China. But as the Chinese counterparts expanded facilities and exports, ch...
Saudi International Petrochemical Co. (Sipchem) plans to proceed with construction of its acetic acid and vinyl acetate monomer plants in Jubail despite the case filed against it by Celan...
In response to the rapidly growing importance of emerging markets in the Middle East, Bayer MaterialScience AG is establishing an innovation center in Dubai. This center will be Dubai's f...
40 days after the successful restart of the rehabilitated company, Eleme Petrochemicals Company Limited (EPCL) has started the production and supply of HDPE (film, blow, injection), LLDPE...
Reliance Industries Ltd. has shut a paraxylene plant for planned maintenance at its Jamnagar complex in western Gujarat state. The plant was shut down on Nov 21 and is estimated to restar...
Saudi International Petrochemical Co (Sipchem), currently faced with a lawsuit by US chemical firm Celanese for alleged violation of trade secrets, has rejected the accusations as baseles...
Despite investment plans for adding over 6 million tons of new capacity over the next 4 years, China will continue to be a major importer of Polypropylene (PP), as per a report from AMI C...
Light sweet crude for January delivery rose US$1.37 to settle at US$60.17 a barrel Tuesday on the New York Mercantile Exchange. Oil prices bounced back above US$60 a barrel on Tuesday as ...
Mitsui has launched an investigation into how a Singapore based trader was able to conceal the disastrous investment strategy for over 6 months before confessing to a loss of US$81 millio...
Mitsui & Co., Japan's second-biggest trading company, has closed out all futures positions at its Singapore unit- Mitsui Oil (Asia) Pte. Ltd., which had lost US$81 million as of November ...
Abu Dhabi National Oil Company (Adnoc) has cut premiums by 44% of naphtha destined for Asian customers in January 2007. This follows last weeks announcement by Saudi Aramco that it would ...
2006 has been favourable for the European chemical industry, with output in the chemical industry (excluding pharmaceuticals) estimated to grow by 2.5% in 2006, compared to 1.5% in 2005, ...
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