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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
An agreement has been concluded for the transfer of Asahi Kasei Chemicals Corporation (AKCC)'s stake to partner Dow in their equally owned joint venture companies Styron Asia Ltd. (Hong K...
Sinopec has received approval to go ahead for the US$5 bln petrochem venture with Kuwait Petroleum Corporation (KPC). This project, to be located near the city of Nansha in South China's ...
ONGC plans to implement a mega project at Dahej in Gujarat, for a global scale petrochemicals complex at an investment of Rs 136 billion. Capacity at the complex is to comprise of 1.1 mi...
Investment in the Rio de Janeiro Petrochemical Complex at Comperj is estimated to increase by US$2 bln to about US$ 8.5 bln. The complex will have the capacity to process 150,000 bpd of h...
SABIC Polyolefine GmbH of Gelsenkirchen, Germany, a wholly owned subsidiary of SABIC Europe B.V., has commissioned Uhde to build a new 250,000 tpa high density polyethylene plant (HDPE) a...
Oil prices continue to hover over US$76 a barrel after a big drop in U.S. fuel inventories and drop in output of Alaskan crude (8% of total U.S. output). US crude steadied at US$76.35 a b...
The Board of Directors of Oil and Natural Gas Corporation Ltd. (ONGC), has approved at its meeting: * Development of C-series in Mumbai offshore: Development of C-series in Mumbai offsh...
Oil and Natural Gas Corp. Ltd. (ONGC) has capped gas wells at the offshore platforms of its Bassein field and the Panna-Mukta and Tapti fields. Water started entering the Hazira Gas Proce...
India's petrochemical major Reliance Industries (RIL) has shut down some plants at its 1000-acre Hazira facility due to heavy rains leading to floods in the Tapi river that flows adjacent...
A shutdown at Oil and Natural Gas Corp's (ONGC) Terminal gas facility at Hazira due to heavy rains has affected gas supply to Indian Petrochemicals Corp. Ltd.'s Baroda complex. IPCL has s...
The Dow Chemical Company and Izolan have formed a joint venture company Dow Izolan, to be based in Vladimir, 170 km north east of Moscow. Subject to regulatory and other customary approva...
SIBUR Holding OJSC, Russia's largest producer of petrochemical products, plans an investment of EUR 126 mln to expand the capacity of the 300,000 tpa Kstovo Ethylene Plant by 43% to 430,0...
Oil Oil price marginally rose in the first week of August 2006 mainly due to fear of tropical storm Chris in the Caribbean Sea and upsetting US oil production. However, this fear was no...
CSJC Nizhnekamsk Refinery has selected Basell's Spherizone technology for a new 200,000 tpa polypropylene plant to be built at Nizhnekamsk, Russia as part of a major refinery and petroche...
The London Metal Exchange, UK, has announced rule changes for polypropylene and linear low density polyethylene, with effect from 31 August 2006. The Exchange's plastics committee has re...
Crude oil prices spiked by over 2 dollars on Monday after an Alaskan oil field shut down, cutting off 8% of daily U.S. oil production. Brent crude for September on London's ICE futures ex...
Foster Wheeler Ltd. has been authorized by ExxonMobil Asia Pacific Pte. Ltd. to proceed with the early phase of the front-end engineering design (FEED) for certain downstream units and as...
Despite the failure of Indorama Petrochemicals to pay the full value of the purchase price of the Nigeria's only petrochemical company, the Federal Government is prepared to hand over the...
Heavy showers this week have resulted in flooding at various districts of Maharashtra and Gujarat, claiming several lives and disrupting life in towns and cities. India's largest refine...
A unique structure to improve the consumers drinking experience has been designed. Leading Brands, Inc., of Vancouver, Canada, has launched a new 20-oz. Heat-Tek™ Brick polyethylene terep...
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