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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
Dutch chemicals group Akzo Nobel NV has signed a memorandum of understanding (MOU) with the Ningbo Chemical Industry Zone (NCIZ) for a new chemicals multi-site in China. The plans include...
The project of Spanish oil company Repsol in the petrochemical complex at Sines, Portugal, will be launched in Q3-2007. Repsol plans to invest over 1 billion euros in Portugal over the ne...
China Petroleum & Chemical Corp (Sinopec) has entered into an agreement to buy 75% stake in Hainan Petrochemical Co Ltd from affiliate Shengjun International for 2.99 bln yuan. Shengjun i...
In line with falling oil prices, Indian polymer manufacturers Reliance and IPCL have announced a reduction in polymer prices wef October 12, 2006, as follows: LDPE, HDPE, LLDPE by Rs 1.5...
Oil prices sank to their lowest level in eight months as doubts flooded the market about OPEC's decision to cut output. Light sweet crude for November delivery on the New York Mercantile ...
Japan's Mitsui Chemicals has launched Mitsui Chemicals Singapore Technical Centre- its first overseas research centre in Singapore. It will be co-located with A*STAR's Institute of Chemic...
Indian Oil Corporation (IOC) has received board approval to invest Rs 5,000 crore to expand capacity of its 12 mln ton Panipat refinery to 15 mln ton. The expansion that will be completed...
BASF's light stabilizer Uvinul 4050 H has obtained a food contact notification (FCN) for the use in plastics that come into contact with foods by the US Food and Drug Administration (FDA)...
Eastman Chemical Co. has finalized plans to sell its polyethylene business to Houston-based Westlake Chemical Corp. for US$255 million in cash. The sale encompasses Eastman Chemical's pol...
The US$1.25 billion Sohar Refinery has successfully overcome initial operational glitches. Currently, the refinery continues to show good progress and seems set to start commercial operat...
Oil prices held steady as traders kept a lookout for fresh signals of an output cut from OPEC. Light sweet crude for November delivery stood at US$60 a barrel in midmorning Asian electron...
The Makkah Petrochemical Industries Co which is currently under construction, plans to offer 30% of its shares as initial public offering (IPO) in the first quarter of 2007. Makkah pet...
Praxair India has successfully commissioned a VPSA (Vacuum Pressure Swing Adsorption) plant to supply gaseous oxygen to Reliance Industries' (RIL) Mono Ethylene Glycol (MEG-1) plant at Ha...
Borouge has announced the launch of a study to examine the feasibility of a major new expansion of its petrochemical complex in Ruwais, Abu Dhabi, to produce and market base chemicals for...
Rompetrol Petrochemicals company has budgeted net income worth 1.1 million euros for the year, as against the losses of around 4 million euros registered last year. The company generated ...
The Chatterjee Group (TCG) has applied to the Central Govt for a special economic zone (SEZ) status for its proposed 10 million tpa petroleum refinery at Haldia in West Bengal. However, t...
Mangalore Refineries & Petrochemicals Ltd (MRPL), Oil & Natural Gas Corporation's (ONGC) refining subsidiary, has decided to exit from the Rs 9,000 crore twin projects- the Kakinada SEZ a...
GE Plastics plans to invest 62 million Euro in a new production capacity for its line of xtreme Lexan polycarbonate resins at Bergen op Zoom, boosting overall capacity by approximately 30...
Rohm and Haas has signed a letter of intent and is in the fina discussions with POLISAN to construct a plastics additives acrylic impact modifier and processing aids manufacturing facilit...
BASF has achieved annual fixed cost savings of US$400 million ahead of its planned target of mid-2007, as part of a two-phase restructuring program initiated in 2002 to increase profitabi...
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