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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
Persistent pressure from high feedstock and energy costs are negatively affecting margins, causing leading polymer majors to consider price hikes. Dow Europe GmbH has announced a price in...
As part of its plan for the distribution network of SABIC Europe to grow in Central Eastern Europe, SABIC Europe plans to open a logistic hub in Poland to further expand its polymer suppl...
In a bid to recover lost margin from continuous increase of energy and feedstock costs. NOVA Innovene has announced a price increase of 60 Euro/mt for all Polystyrene products and 50 Euro...
Basell's first generation 120 KT Hostalen process plant at Muenchsmuenster, Germany that was damaged by an explosion and fire in December 2005, is to be replaced by a new Hostalen Advance...
Bayer MaterialScience AG, with an annual global capacity of over one million tons of polyurethane raw material diphenylmethane diisocyanate (MDI), is to increase capacity by introducing s...
Oil prices rose marginally to US$75.85 in midmorning Asian electronic trading on the New York Mercantile Exchange after yesterday's jump, on reports of a fall in inventories of U.S. crude...
Operations seem to be delayed at the naphtha cracker unit being built by state-run refiner Indian Oil Corporation (IOC) with production slated to commence by September 2009, instead of th...
The Government seems firm about Oil and Natural Gas Corporation's (ONGC) mega investment plans in petrochemical projects and the special economic zone (SEZ) at Mangalore. Currently. ONGC ...
The Egyptian government has geared up plans to build a major refining and petrochemicals project at Kafr al-Shaikh. The proposed complex, to be set up with an estimated investment of US$9...
A shortage of labour has caused Taiwan's Formosa Petrochemical Corp. to delay start-up of its 1.2 million tpa ethylene plant located in the company's Mailiao petrochemical plant in southe...
Oil prices inched up as news of a Russian pipeline leak spread and violence continued in the Middle East. Light sweet crude for September delivery rose by 6 cents to US$74.46 in midmorni...
The ministry of environment and forests has given environmental clearance to ONGC's Rs 500-crore methane-propane (C2-C3) recovery plant in a special economic zone Dahej, Gujarat. The C2+ ...
Basell plans to build a new Spherilene S polyethylene plant at its Wesseling industrial site near Cologne, Germany. Start up is plant to be based on Basell's new Spherilene S single react...
Marubeni America Corporation (MAC- the largest overseas subsidiary of Marubeni Corporation of Japan) has acquired an estimated 15% equity position in VTEC Technologies LLC (VTEC), the in...
Light sweet crude for September delivery was down to US$73.04 in midmorning Asian electronic trading on the New York Mercantile Exchange. Oil prices fell slightly in early trading on Mon...
Strong growth in pharmaceutical and chemicals sector and very good performance by the Plastics sector has resulted in excellent operating results for the Solvay group in H1-2006. Reven...
Polygraph is a technology driven integrated engineering enterprise. From research & development to commercialisation of its business span at every stage in the lifecycle of machine. Th...
USA's largest chemical manufacturer Dow Chemical, has had a very bad Q2 performance as the company's net income fell by 19%. Lst year Dow's net income fell from US$1.27 bln to US$1.02 bln...
H. Ö. Sabanci Holding's subsidiary Advansa BV (Advansa)'s PET, PTA and Preform businesses currently operating in the UK, Turkey and Romania are to be acquired by and La Seda de Barcelona,...
Oil prices continued on an upward path on statements by the Venezuelan oil minister to the effect that OPEC is powerless to stop price surges caused by geopolitical tensions. Rising margi...
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