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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
Working plans are underway to construct a world scale plant in Shanghai to manufacture polyurethane raw materials MDI and TDI. Work is currently in progress on Bayer MaterialScience's new...
Oil continued its slide downwards due to political stability achieved globally. This has brought softening of ethylene & propylene prices. However stronger demand of downstream products h...
Oil prices dipped by almost US$2 a barrel, bringing crude oil futures to a 6 month low, and helped weigh down already sinking gasoline prices. Light sweet crude for October delivery fell ...
Polystyrene/expandable PS production has been under pressure in Europe this week as a result of weather and other plant problems. BASF has declared force majeure on both polystyrene and E...
As part of its' global compounding strategy and commitment to provide engineered thermoplastic materials to the automotive and consumer products industries, ExxonMobil Chemical plans to b...
Oil and Natural Gas Corp (ONGC) continues talks with various global suppliers for import of liquefied natural gas (LNG), and could import up to 10 million tpa of LNG when its petrochemica...
CJSC Nizhnekamsk Refinery has awarded to Foster Wheeler the front-end engineering design (FEED) for a new Complex of refining and petrochemical plants to be constructed in Nizhnekamsk, in...
Indian Oil Corporation (IOC) has commenced commercial despatch of Purified Terephthalic Acid (PTA) from its 553,000 tpa world-scale PTA plant located at Panipat Refinery. IOC proposes ...
The last in the series of major Chinese petrochemical projects slated for commencement this year - Sinopec Corp.'s new 640,000 tpa naphtha cracker in Maoming, has been launched. The Maomi...
Thai Petrochemical Industry PCL, operator of Southeast Asia's biggest petrochemical complex, plans to sign a US$800 million loan to refinance debt. This will refinance all its US$960 mill...
Oil prices rose, partly on news that BP PLC will be unable to restore output from its Thunder Horse platform in Gulf of Mexico that was damaged by last year's Hurricane Dennis, until mid-...
Sainsbury's plans to cut 3,550 tons of plastic used for packaging its ready meals and organic food products, which use about 150 million plastic trays and bags annually. With this, it wil...
Ticona has declared force majeure on GUR UHMW-PE products, manufactured in Europe due to an outside supplier's inability to supply full rates of its key feedstock-ethylene. The situation ...
The Central Government of India has granted permission to a Japanese petrochemical consortium led by Mitsubishi Chemical Corporation to go ahead with a foreign direct investment of Rs. 34...
Ownership of Vestolit, the 400,000tpa PVC manufacturer based at Marl, in Germany, is changing hands by the end of the year. Strategic Value Partners, a private equity company based in Gre...
The joint venture between OMV and Borealis at Schwechat, Austria, is set to become one of the largest plastics manufacturing sites in Europe. The site will comprise a new 350,000 tons Bor...
Metro Alliance Holdings and Equities Corp., owned by William Gatchalian, plans a naphtha cracker facility over the next five years to make its petrochemical operations more profitable. Th...
German chemical group BASF plans to invest US$ one billion in the Asia-Pacific region over the next three years. Almost 50% of this investment outlay will find its way into China. BASF h...
Borealis plans to invest an estimated €20 mln - 30 mln in a new pilot scale polypropylene (PP) plant at its Schwechat site in Austria. The semi-commercial scale unit will be opened in 200...
Along with its counterparts in South Korea and Japan, Exxon Mobil Corp. and Royal Dutch Shell have cut runs at their big Singapore refineries, triggered by a deep slump in profit margins....
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