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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
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...
Westlake Chemical Corporation has successfully restarted its Petro II ethylene unit in Lake Charles, Louisiana shutdown in September. During this period, the company has completed mechani...
Workers at South Korea's Yeochun Naphtha Cracking Center (YNCC) ended their 3 week long strike and returned to work. The strike was centered on a dispute over incentives. Operations at ...
The Pakistani government plans to establish an 'oil city' with an investment of $US40 billion at Gwadar Port to make it the biggest crude and refined oil storage base in the region, allot...
Oil prices moved up, as the markets opened this week, in the wake of a terror alert in the Gulf region. Also contributing to the price hike was trader anticipation signs that OPEC nations...
Pequiven, the state petrochemicals firm in Venezuela, has raised ethylene output back to the levels before the oil strike in 2002-2003, when a 63-day strike resulted in an at least 50% cu...
The Plastics Export Promotion Council (PLEXCONCIL) will be honouring the top exporters of plastic products during their Export Award function scheduled to be held at 11.00 a.m. on Saturda...
Front-month December light, sweet crude contract on the New York Mercantile Exchange rose to US$60.60 a barrel in Asian electronic trading. With winter demand for heating oil and natur...
Rebranding of Thai Petrochemical Industry has commenced with approval from the shareholders for a plan to rename the company Integrated Refinery and Petrochemicals Complex (IRPC), and all...
Following a fire in the refinery, Polish petrochemicals group PKN Orlen could seek to renegotiate the terms of its takeover of the Lithuanian oil complex, Mazeikiu Nafta. This decision wi...
Indorama Group, the principal investor in Eleme Petrochemicals Company Limited (EPCL), paid US$225 million (N30 billion), completing its final financial obligations. An additional US$80...
Trans Polymer, a UK based company has entered into agreements for the purchase of plant and equipment, licenses for manufacturing process and feedstock supply for a plant to produce 248,0...
South Korea's SK Corp. will continue to run its 620,000 tpa No. 2 naphtha cracker at 50% capacity until December. The company plans to repair the unit during a one-week closure in Decembe...
Minister of Economic Affairs continues to upgrade two naphtha crackers in the southern county of Kaohsiung, in an effort to keep the crackers at the same locations despite opposition by l...
The Shanghai Futures Exchange will focus on the development of more industrial commodity futures as well as derivatives over the next few years. Futures in materials such as polyethylene...
Crude oil prices rose on Thursday, following a two dollar jump in response to a report showing a drop in U.S. inventories last week. OPEC's steps to cut production by 1.2 million bpd and ...
At its board meeting, state-owned Oil & Natural Gas Corporation (ONGC) has approved the incorporation of Mangalore Petrochemicals Limited (MPL) to set up a Rs 4,852 crore Aromatic Complex...
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