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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
Rising oil prices continue to exert great pressure on feedstock prices, leading polymer majors to consider prices. With effect from 1 August 2006, Dow Europe is to increase prices for all...
Taiwan's Lee Chang Yung Chemical Industry Corp. is to acquire 36.02% stake in Taiwan Polypropylene Co. for NT$1.98 billion (US$60.5 million). Lee Chang Yung will buy the stake by acquirin...
Light, sweet crude for September delivery was down 15 cents to US$74.28 a barrel in Asian electronic trading on the New York Mercantile Exchange. Crude oil prices dipped marginally on Mon...
The Rivers State Government has signed a partnership agreement with lndorama Nigeria Limited, the new owners of the Eleme Petrochemical Company, over the running of the complex. The Sta...
China's energy giants Sinopec Corp and PetroChina are set to build at least 6 mega-sized petrochemical crackers at an investment of US$20 bln by the end of the decade. However, it seems t...
Korean and Japanese trading and investment companies have expressed an interest in equity partnership with Oil and Natural Gas Corporation (ONGC) for its petrochemicals complex at Mangalo...
Promoters of Haldia Petrochemicals are debating over 15.5 crore unaccounted shares in the refinery. Sources indicate that the shares are with the West Bengal Industrial Development Corpor...
The preferential trading arrangement (PTA) between India and Mercosur, scheduled to be implemented later this year, will allow preferential access to the 460-odd items from India to the m...
BP Refining & Petrochemicals has declared a "force majeure" on supplies of ethylene (C2) from its 515,000 tpa "Olefins 4" cracker at Gelsenkirchen-Scholven, caused by a technical glitch ...
The Indian government has cut excise duty on key intermediates for synthetic fibre, including paraxylene, Dimethyl terephthalate (DMT), pure terephthalic acid (PTA), polyester chips, and ...
Boosted by a strong performance from its principal business of producing ethylene and related products, Nova Chemicals Corp. has reported Q2 profits. The profits exceed expectations. For ...
Prachai Leophairatana, the founder of Thai Petrochemical Industry (TPI), was ousted from the company's board on Thursday. As the company's legal battles come to an end, TPI's new managem...
Prachai Leophairatana, the founder of Thai Petrochemical Industry(TPI), was ousted from the company's board on Thursday. Prachai had been fighting an eight-year battle to maintain control...
Crude oil prices fell on Friday following comments by the U.S. Federal Reserve that swelling energy prices that continue to push up inflation is leading to a decrease in oil demand and ne...
Oil and petrochemicals giant Reliance Industries Ltd (RIL)'s Q1 net profit spiked 10.2%. This rise has been contributed by a rise in refining margins, but is short of market forecasts. Re...
Surging domestic demand is exerting pressure on plants in China to expand polymer capacities. CNOOC and Shell Petrochemicals Co Ltd. plans to expand its current capacity at its US$4.3 bil...
European post-consumer polyethylene terephthalate (PET) collection recycling rates saw a 15.1% increase over the previous year to 796,000 tonnes in 2005, signaling a positive sign for th...
Oil plummeted by 88 cents on Wednesday after government data showed inventories of gasoline rose 1.5 million barrels and crude rose 0.2 million barrels due to strong imports. This data wa...
ONGC Videsh is eyeing a bid for an oil block in Ecuador that has recoverable reserves of around 1 billion barrels. Plans also include setting up of a refining facility in the Ecuador. ...
Styrolux 3G46, a new, highly transparent type in its range of styrene-butadiene block copolymer plastics is being marketed by BASF for packaging and displays, as it combines toughness and...
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