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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
Brazil's Oxiteno Nordeste S.A (a subsidiary of Ultrapar) and Braskem S. signed an MOU (Memorandum of Understanding) for the supply of 265,000 tpa of ethylene for 15 years, with immediate ...
China National Coal Group Corp plans to acquire Harbin Coal Chemical Engineering Co - a major coal-to-petrochemicals plant in Harbin, Northeast China. Current capacity at the plant is 2.6...
Malaysia plans to set up new petrochemical zones will be set up in Bintulu, Sarawak; Gurun, Kedah; Tanjung Pelepas, Johor; and Labuan. Three new crackers will be built at these sites to p...
The US$1 bln integrated isocyanates complex at Shanghai between BASF, Huntsman and three Chinese partners (Shanghai Hua Yi Group, Sinopec Shanghai Gao Qiao Petrochemical Corporation and S...
quarter ending in June 2006. Profits have dropped to Rs. 37.52 mln. Sales for the quarter rose 8.93% to Rs 3506 mln as against the same period, a year ago. During the quarter, operating...
The Government of Trinidad and Tobago has signed an MOU with US-based Westlake International Investments Corporation, establishing the framework for the project evaluation of the proposal...
Demand for plastic film in the United States is expected to increase by 2.6% pa through 2010, according to a study by Freedonia Group. Cost competitiveness and versatility in applicat...
Oil and Natural Gas Corp will restart its flood-hit Hazira gas plant in Gujarat two days ahead of schedule. The restart has been rescheduled for August 19 to avert a fuel supply crisis. H...
Japan's largest petrochemical maker, Mitsubishi Chemical Holdings Corp., plans to shut a naphtha cracker at its Kashima plant in eastern Japan for 10-20 days. Due to technical problems, M...
Light, sweet crude for September delivery recovered by about half a dollar to US$70.49 a barrel in midmorning Asian electronic trading on the New York Mercantile Exchange. Oil prices reco...
Alpek, ALFA's petrochemical group and fibers Mexico, a Mexican affiliate of INVISTA, have agreed to restructure their 50-50 joint venture that manufactures caprolactam, nylon, spandex Lyc...
Mitsui Chemicals, Inc. (Mitsui), plans to set up a petrochemical R&D centre in Singapore, scheduled to be opened on 1 October 2006. This will be the company's first R&D establishment outs...
Formosa Plastics Corp. plans to invest US$90 mln in a specialty polyvinyl chloride (PVC) plant at the Point Comfort location. Site work is under way for the construction of the new plant...
Arista Tubes, the leading manufacturer of plastic tubes in the UK, plans to open a facility in Danville, Virginia to manufacture tubes for the beauty industry by the end of Q1-2007. This...
Turkey's Sanko Holding conglomerate plans to construct an oil refinery and petrochemical complex close to Turkey's Mediterranean oil port of Ceyhan. Sanko is ready to conduct talks with ...
Cytec Industries has completed commissioning of a US$18 mln production unit at its Kalamazoo, Mich., site that will produce key components in the production of high-performance Cytec comp...
Nanotechnology has been heralded as the next industrial revolution, with the nanotechnology market estimated to reach US$1trillion by 2015. To date most activity has been in the field of...
The European plastic shopping bag industry is currently facing challenges from rising levels of Asian imports, high raw material costs and moves for the use of alternative products. At th...
Oil Oil price fearing a threat to bombing of US airlines emanating from Europe or more particularly from London & disruption of oil supply from BP rose sharply to US$77/barrel for one d...
After Wednesday's drop of one dollar, oil prices continue to slide in response to U.S. government data showing that crude oil stockpiles are above average. Light sweet crude for September...
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