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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
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...
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...
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