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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
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...
The Government of Maharashtra, under the aegis of Industries Ministry, has signed two Memorandum Of Understanding (MOU) - one with Supreme Petrochem Ltd. (SPL) and the other with Supreme ...
New ethylene capacities totalling 6 million tpa from the Middle East and Asia are expected to come online starting late 2007. Of the 4 major projects for commissioning in 2007, Iranian ...
Light sweet crude for December delivery rose by almost one dollar to settle at US$59.83 a barrel Wednesday on the New York Mercantile Exchange and Brent crude on London's ICE Futures exch...
Continued additions of new capacity in NE Asia will keep international PVC, EDC and VCM prices at low levels over the next few years, according to Chemical Market Associates, Inc. (CMAI)-...
Naphtha prices in Asia have fallen relative to crude because supply has outpaced the growth in demand. Exports from India have risen by 75% in August from a year earlier to as much as 7,0...
In line with the globalization plan of the company, Indian Oil Corporation (IOC), has expressed an interest in acquiring stake in PT Tuban Petrochemical Industries (PT TPI), an Indonesian...
Sources indicate that Reliance Industries has submitted a formal proposal for a US$2 billion bid for the refinery and petrochemicals facility of BP Plc in Belgium. Reports indicate that R...
Demand for degradable plastic in USA is forecast to grow by 17% pa to 500 million pounds in 2010, as per a report by The Freedonia Group, Inc.. The total output is estimated to be valued ...
Rapra Technology is organising its third international conference on High Performance Fillers, at the Radisson Hotel in Hamburg from 14-15 March 2007. Building on the success of previous ...
China Petroleum & Chemical Corp. (Sinopec) is reported to have commenced building an ethylene facility at its Zhenhai refinery in the eastern province of Zhejiang. The project, to have an...
The petrochemical industry is to see a period of strong profitability for a peiod of almost two years, from the fourth quarter of 2006 through 2008, as per a forecast by Nexant ChemSystem...
Light sweet crude for December delivery dipped by over one dollar to settle at US$58.93 a barrel on the New York Mercantile Exchange and December Brent crude on London's ICE futures excha...
China's discovery of a large coal deposit in the northern part of Inner Mongolia region, is planned to be utilized to develop petrochemicals and oil products. The coal deposit has proven ...
Saudi Basic Industries Corporation (Sabic) plans to invest US$25 bln in the next five years in expanding capacity from 47 million tons in 2005 to 130 million tons by 2020. Sabic, one of ...
India's leading producer of polystyrene- Supreme Petrochem Ltd., plans to invest Rs 11.15 billion to set up a styrenic polymer facility and a minor port in Maharashtra. A group company, ...
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