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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
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...
A fire broke out in one of the vacuum gas oil hydrotreater units at Reliance Industries' 660,000 bpd Jamnagar refinery. The vacuum gas oil hydrotreater unit, is believed to have been comp...
The groundbreaking ceremony, signaling the start of building work, was held on Bukom Island, Singapore for Shell's newest integrated petrochemical facility, the Shell Eastern Petrochemica...
Oil prices rose to US$59.59 a barrel, ahead of U.S. government data on domestic fuel inventories. Earlier this week, oil futures saw a drop as doubts prevailed about OPEC's ability to imp...
Marked improvement has been seen in the outlook for the projected 375 km ethylene pipeline from Ludwigshafen to Münchsmünster, Germany - connecting petrochemical sites in Gendorf and Burg...
AMEC has been awarded a US$16 mln contract by PetroChina Guangxi Petrochemical Company (GXPC) as project management contractor for the development of a US$1.6 bln grassroots refinery in Q...
Italy plans to ban biodegradable carrier bags. The new government is set to ban both production and use of carriers in plastics derived from petroleum as of 1 January 2010. This ban give...
A new biodegradable film, NatureFlex NVS, made from cellulose, has been designed used for packaging fresh foods that need to be chilled. This film provides improved dimensional stability ...
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