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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
As part of its plan to expand its petrochemical business in the ASEAN region by focusing on high-value, products, Siam Cement Group (SCG) plans to build a US$466.5 mln (Baht 17.1 billion)...
Oil prices slid on Wednesday on release of report that crude oil inventories rose by 2 million barrels last week, while heating oil and gasoline inventories fell. Though the drop in produ...
LG International's new joint venture PP plant in Oman with Omani Petrochemicals is targeting European sales of 100,000 tpa from its total capacity of 340,000 tpa. LG International aims to...
Qatar Petroleum and ExxonMobil Chemical Qatar Ltd., a subsidiary of ExxonMobil Corp., have signed a Heads of Agreement to progress studies for a proposed US$3 bln petrochemical complex in...
Rapra Technology's 12th Plastics Additives and Compounding (AddCon) conference took place on 17-18 October in Cologne, Germany, with representations from industry leaders such as Borealis...
Several planned and unplanned plant shutdowns, including those at Nova Chemicals and Westlake Chemicals, have restricted ethylene supply and maintained contract prices in Sep 2006 in Nort...
Due to a revision of priorities, Dow has suspended talks with Qatar Petroleum (QP) about a proposed petrochemical JV in Qatar. However, Dow will carry on with its other projects underwa...
Petroquimica Uniao (PQU), 37.2% owned by Unipar plans to construct a new 500,000 tpa ethylene train, expanding capacity at its Capuava site in Sao Paulo (Brazil) to 1.2 million tpa by 201...
Reliance and IPCL have announced a downward polymer price change wef Nov1, 2006, as follows: LDPE is down by Rs 3 per kg on basic LLDPE is down by Rs 2.50 per kg on basic HM HDPE film ...
Oil prices continued sliding for the entire day falling as low as US$57.05 a barrel, and then zipped higher toward the end of the trading session. Light sweet crude for December delivery ...
Brunei has signed a Memorandum of Understanding (MOU) for its first methanol plant, to be built at an estimated cost of US$288 million. Brunei's first gas-based petrochemical plant will c...
Hindustan Petroleum Corporation (HPCL) is in talks with Total of France and also Kuwait Petroleum to divest upto 50% stake in the proposed 15 mln mtpa Vizag refinery. HPCL proposes to inv...
by destroyed, has commenced operations at full capacity within a couple of days. A diesel hydrotreater that was shut following the fire at the adjacent vacuum gasoil hydrotreater was back...
Iran, Qatar and Australia plan to increase production of natural gas, raising supply of condensate by 7.2% pa until 2010. Condensate is a by-product valued because of its suitability as a...
Petrochemical group Unipetrol has agreed to sell its PVC subsidiary Spolana to the Polish chemical group Anwil, another PVC maker. The sale price for this widely anticipated deal, totaled...
Thermoformable plastics extruded sheet using starch-based biodegradable resins will now be manufactured for alternative packaging applications and other markets in a joint venture between...
GAIL has reported a 42.11% drop in net profit at Rs 448 crore in the quarter ended September 30. This drop in profits can largely be attributed to increased share of subsidy and lower ava...
State-owned Indian Oil Corporation (IOC) is eyeing equity participation in the Indonesia petrochem firm, PT Tuban Petrochemical Industries (Tuban Petro), owner of a US$3 billion petrochem...
As per a report by NPRA, the National Petrochemical & Refiners Association, encompassing results of its third quarter petrochemical production and inventory surveys, total production of t...
Huntsman Corporation has awarded a contract to CDI Engineering Solutions Inc. for detailed engineering and procurement for construction of its previously announced 100 million pound pa ma...
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