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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
After paying nearly Rs 1,490.84 crore for a controlling share in IPCL, Reliance Petroinvestment Ltd wants Rs 927.41 - more than half its money back. Surprisingly, despite a year having el...
In its ongoing drive to improve the competitiveness across every business and in every geographic region, The Dow Chemical Company plans to shut down several assets around the world. Upon...
As per a contract with Blue Star New Chemical Materials Co. Ltd., Frankfurt based Zimmer AG, is to supply a polyester polycondensation plant producing polybutylene terephthalate (PBT). Zi...
The Styrenic Resin business of Lanxess has a new name: Lustran Polymers. The name change is a consequence of the repositioning of the business, which has already taken place, to focus on ...
Biomax® Strong- a petrochemical additive that increases the utility of bio-based, biodegradable polylactic acid (PLA) packaging has been introduced DuPont™. Biomax® Strong provides improv...
The US$67.6 mln port in China - the largest petrochemical port in the Pearl River Delta has gone into operation with an annual handling capacity equivalent to one-tenth of the oil needs o...
In a significant step in the company's diversification strategy, Essel Propack has acquired Packaging India (PIPL), the packaging arm of CavinKare for Rs 87.5 crore in an all-cash deal. T...
The Cabinet is likely to approve of the policy framework for proposed petroleum, chemicals and petrochemicals investment regions (PCPIR) in September, while the comprehensive petrochemica...
Demand for plastic films in USA is forecast to increase to 6.9 mln tons in 2010. This represents a growth of 2.6% pa, as per a report by Freedonia Group. Total plastic film demand, includ...
Siemens technology will help petrochemical projects meet Stringent Environmental Discharge, Reuse Regulations. Fujian Refining and Ethylene Joint Venture Project, the largest world-clas...
Oil Prices Continue to rise on high fuel demand and concerns of supply disruptions from Iran and Nigeria. Light sweet crude for October delivery rose to US$70.37 in midmorning Asian elect...
OIL This week saw oil prices bleep upwards due to threats of possible conflict over Iran's nuclear possibilities as well as approaching tropical storm off the US coast. After witnessing ...
Orenburggazprom with Sibur-Holding, plans to build polypropylene (PP) and polyethylene (PE) plants in Orenburg. The PP plant will have a 450,000 tpa capacity and will be constructed fir...
In 2005, Vietnam imported 1.5 billion tons of polymers. In an effort to reduce its dependence on plastic imports, the Vietnamese government will fund US$4.5 bln to develop its chemical in...
CSJC Nizhnekamsk Refinery has selected "Spherizone" technology from Basell for its 200,000 tpa polypropylene plant to be built at Nizhnekamsk, Russia. This plant will be part of a major r...
A large fire broke out at a plant producing propylene and ethylene belonging to Dow Chemical Co. in the Dutch town of Terneuzen. Further details are awaited.
Forecasts that tropical storm Ernesto that had threatened US Gulf Coast oil facilities, would remain below hurricane force, causes world oil prices to plunge below US$70. On New York's m...
Taiwan's Formosa Petrochemical Corp. plans to invest US$20 million in the formation of an oil exploration company in an effort to secure crude supplies amid high global prices. This will ...
Solvay Indupa S.A. plans to invest US$185 million through 2011 to expand production capacity of caustic soda and polyvinyl chloride (PVC) in South America. The company will fund these inv...
In a bid to surpass its neighboring states in attracting investments, the Karnataka Government in India has given approval to 40 investment projects. A high level committee has approved ...
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