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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
Nova Innovene has announced a price increase of EUR 40/ton for all of its polystyrene products, effective immediately. Despite some improvement in September, PS margins are still not cove...
News of armed men attacking a convoy in Nigeria's oil-rich southeastern delta, has caused oil prices to rebound from a seven-month low. Early in the day, crude futures fell on release of ...
Basell plans to acquire 35% stake in Kazakhstan Petrochemical Industries (KPI) from the holding company Sat & Co. After this acquisition, Sat & Co will continue to be the largest sharehol...
For the first time since the US invasion of Iraq in 2003, the State Company for Petrochemical Industries has boosted output to 10,000 tons in nearly seven months. The hike in the company'...
In a bid to further fortify its position as global leader for color and additive concentrates for plastic products, Clariant plans to acquire masterbatches business of Ciba Specialty Chem...
SUMMARY Oil rose by US$3/barrel due to fear that OPEC producers of oil would resist the price erosion. It is to be seen whether the price increase would be sustained in the next few wee...
Oil prices fell for a third day amid signs of growing supplies around the world. Light sweet crude for November delivery dipped to US$58.40 in midmorning Asian electronic trading on the N...
Haldia Petrochemicals Ltd (HPL) plans to double production capacity with a second unit. A concept note, presented before the board last week, has been drawn by the company. The board wou...
The Dow Chemical Company plans to expand manufacturing capacities for two products at its existing site in Estarreja, Portugal, as follows: Dow Polyurethanes is to expand MDI production ...
As Gulf Arab countries expand petrochemical output capacity, they will account for 30 million ton - (20%) of the world's ethylene production by 2010 from the current 8%. 50% of ethylene...
Chief honchos at Saudi Basic Industries Corporation (SABIC) Huntsman Corporation have agreed on terms under which SABIC will acquire 100% shares of Huntsman Petrochemicals (UK) Ltd. (Hunt...
The European Commission (EC) has decided to exclude Malaysian-made plastic sacks and bags from any anti-dumping duties, but will impose anti-dumping duties ranging from 4.8% to 28.8% for ...
Wellman Inc., manufacturer of polyester products and packaging resins is to explore strategic alternatives for its European fiber and polyethylene terephthalate resin businesses and restr...
Saudi Basic Industries Corporation (Sabic) has reached a full and final settlement of its disputes with ExxonMobil that had arisen from technology and a patent that can be used in the pro...
Rising raw material and energy costs continue to exert pressure on European prices for the styrene polymers ABS and SAM. For the month of October of this year BASF plans to raise its Eu...
Ineos Group subsidiary Ineos Technologies has been awarded a license for PS production by the state-owned Egyptian joint venture E-Styrenics. The license covers a plant for 200,000 tpa of...
BASF Aktiengesellschaft (BASF) and The Dow Chemical Company (Dow) have embarked on a long-term venture to produce propylene oxide (PO), a core ingredient for the US$21 billion a year poly...
The new Managing Committee for the period 2006-09 at PLASTINDIA FOUNDATION will be : President Mr. Arvind M. Mehta Managing Director, Welset Plast Extrusions Pvt. Ltd. Vice Presi...
The West Bengal Industrial Development Corporation Ltd (WBIDC) and the Indian Oil Corporation (IOC) have signed an agreement for the setting up of a chemical hub in the proposed Special E...
Plastindia Foundation, India's apex plastics association, has a newly elected team headed by Mr. Arvind Mehta as President, Mr. Amar Seth as Vice President and Mr. Hasmukh Patel as Treasu...
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