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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 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...
South Korea's SK Corp. will shut down a 620,000 tpa naphtha cracker for about a week to fix technical problems. The shutdown will be made after the public holidays on Thursday and Friday,...
Indian Plastics Federation (IPF) was invited to exhibit at PEC 06, an International Plastics Exhibition at Taizhou City, China, to market Indplas 06 (an International Plastics Exhibition ...
Oil prices recovered to levels above US$60 in Asian trade on news of OPEC calling for a production cut following a recent price drop. Contributing to market sentiments was news that North...
ExxonMobil Chemical Technology Licensing LLC has announced commercialization of its new Olgone technology - a catalyst-driven technology that provides aromatics plant operators with an al...
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...
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