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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
All the units of Petrochina's expanded cracker are estimated to be running by the end of the month. Thus the start up of the an expanded 700,000 tpa naphtha cracker in northwest China is...
Oil price opened flat at around US$59 on Monday morning, on a lack of fresh news. Oil prices have tumbled from the high price of US$78 a barrel in July, and has been trading in the range ...
SK Corp., South Korea's leading oil refiner, has plans to tap China's petrochemical market in conjunction with the state-run China National Petrochemical Corp. (SINOPEC). SK Corp plans t...
To capture rising demand in the auto industry in Thailand, Japan's leading specialty petrochemical producer, Mitsubishi Chemical Group, has set up a new marketing company there. This will...
Saudi Basic Industries Corporation (Sabic), the world's most profitable petrochemical company, is keen on building a manufacturing base in China. To meet this objective, it plans to form ...
Engineering plastics demand in USA is forecast to increase by 3.5% pa to 2.45 mln tons in 2010, according to US market research group Freedonia. The projected gains are significantly high...
Indian Oil Corporation has a long-term plan of expanding globally and is looking at countries such as Yemen, Egypt and Indonesia for exploration & production (E&P) and petrochemicals proj...
SUMMARY Oil became softer and dipped below US$60/barrel. In fact, it ruled around US$59/barrel & thus reached the lowest level in the past 6 months. Unless OPEC members take drastic act...
SUMMARY Oil continued to remain below US$60/barrel. OPEC would meet later this week to discuss production quotas, as well as a possible output cut by 1 million bpd to stop falling price...
SUMMARY Oil continued to remain static in a narrow range of US$58-60/barrel for the third week in succession. However its uncertainty exerted pressure on the price of naphtha. Ethylene, ...
SUMMARY Oil remained practically at the same level as last week, of US$ 58/barrel, although price rose midweek in fear of higher demand due to oncoming winter and lower inventories in US...
SUMMARY Oil continued to remain between US$56-61/barel in the week of 30th October 2006. The price was US$59/barrel in the week of 6th November 2006. Warmer weather in USA with no cut in...
Dow has declared force majeure on supplies of polypropylene (PP) from its plant at Wesseling, near Cologne, Germany. A mechanical problem has forced Dow Europe GmbH to close its polyprop...
Petron Engineering Construction Ltd. has bagged orders valued at Rs 15.5 crore from Kuwait-based Heavy Engineering Industries & Shipbuilding Co for engineering works in their polyethylene...
To provide Japanese customers with state of the art application development capabilities, GE Plastics has officially opened its new Japan Technology Center (JTC) located within iits Moka ...
Light sweet crude for December delivery steadied at US$61.13 a barrel in midmorning Asian electronic trading on the New York Mercantile Exchange, after spiking by US$1.33 on Thursday. The...
SMS has succeeded in opposing a European patent filed by US based rival, extrusion technology company Milacron. The dispute is over technology aspects of counter-rotating parallel twin-sc...
India's leading International Trade Fair for the Packaging Industry, INDIAPACK 2006, will be held from 11-14 December 2006 at Bombay Exhibition Center, Mumbai, concurrent with Asian Packa...
Oil After volatile early weeks of July, the end of the month saw the price stabilize at or even became slightly softer to US$73/barrel. Initially it was thought that some lull in the Mi...
The second week of July 2006 witnessed a sharp increase of oil from US$74/barrel to almost US$78 by the end of the week. It appears that supply from Iran could be adversely be affected du...
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