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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
Eni plans a 600 mln eur investment in Porto Marghera, marking a change in strategy for petrochemicals under the new CEO. Interestingly, his predecessor had attempted to sell these activit...
Light sweet crude oil for November delivery on the New York Mercantile Exchange rose to US$59.94 a barrel. Oil prices rose by more than one dollar in anticipation of an output cut of 1 mi...
Estimates of IPCL's Q2 results peg the company's Q2 net profit rising 49.1% to Rs 324.2 crore from Rs 217.4 crore. Net revenues are expected to go up 21% to Rs 2474.2 crore from Rs 2045 c...
Solvay Advanced Polymers plans a major investment in capacity for a 500 tpa high performance PEEK polymer plant at the Panoli site of India's Gharda Polymers. Solvay had acquired Gharda's...
LG Chem Ltd. Plans to halt its naphtha cracker for 45 days next March to make improvements to increase annual ethylene production by 54%, to 740,000 tpa. LG Chem, South Korea's largest ch...
South Korea's SK Corp. has planned a one month maintenance shutdown at one of its No. 1 naphtha crackers starting on Oct. 4. Capacity at cracker No.1 is 150,000 tpa of ethylene.
Oil prices rose on an announcement that OPEC would meet later this week to discuss production quotas, as well as a possible output cut by 1 million bpd to stop falling prices. The market ...
The European Commission has cleared a subsidy of up to EUR45 million that the German regional government of Bavaria plans to grant to a consortium of German petrochemical companies for th...
Operations at South Korea's Yeochun Naphtha Cracking Center (YNCC) will not be affected by an ongoing strike that was triggered by a workers dispute over incentives. However, operations...
In contrast to this years' heavy turnaround schedule, Japan's petrochem majors plan to shut only five naphtha crackers for maintenance in 2007. This will maintain a steady supply to the m...
State-owned Qatar Petroleum and ExxonMobil Chemical Qatar, a subsidiary of ExxonMobil Corp., have signed a deal to conduct a study to build a US$3 billion petrochemical complex in the Ras...
Rapra Technology is organising its second International Conference on Food Contact Polymers, taking place in Brussels from 21-22 February 2007. The conference will feature presentations f...
Norway, the world's third-largest oil exporter, ordered production shut down at two offshore platforms, resulting in a sharp reduction in exports. This along with news that U.S. heating o...
Czech oil and petrochemicals group Unipetrol has shut two crackers at Litvinov, Czech Republic for unplanned maintenance for two weeks starting October 4, due to technical problems. This ...
Sabic's 350,000 tpa PP plant has been shut down since 9 October 2006 due to an unspecified technical problem in the polymerisation facilities at Gelsenkirchen, Germany. This will keep the...
Chemists in USA have created a process for free radical polymerization termed Single Electron Transfer-Living Radical Polymerization. Polymerization is the chemical reaction responsible f...
The revitalised Eleme Petrochemicals Company was inaugurated in Port Harcourt, after 75% equity was acquired by a private Indonesian concern, Indorama Group for 225 million dollars. Indor...
Ahead of a weekly U.S. petroleum supply snapshot expected to show a rise in crude stocks, oil prices held steady after settling at their lowest level this year. Light, sweet crude for Nov...
DuPont, in partnership with Zhangjiagang Glory Chemical Industry Co., Ltd. (Glory) plans to produce and distribute bio-based DuPont™ Sorona® polymer, throughout Asia. Located in the Jia...
Taiwan's Formosa Petrochemical Corp. may have to delay start-up of a 1.2 million tpa ethylene plant until mid-2007 due to delays over talks concerning a shortage of building materials. A ...
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