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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
Mitsubishi Chemical Corp. has restarted its 375,000 tpa naphtha cracker in eastern Japan as scheduled, after a regular maintenance shutdown between May 10 and June 21. The unit of Mitsubi...
ExxonMobil Asia Pacific Pte Ltd. has awarded front-end engineering design (FEED) contracts for the derivative units associated with a possible second world-scale steam-cracking complex th...
Crude oil prices rose above US$70 a barrel after the U.S. government report suggested that fuel demand isn't being hampered by high prices as last week gasoline inventories grew at a slo...
Toyo Engineering Corporation (TOYO) and Larsen & Toubro Limited (L&T) -India's leading engineering and construction organization, have jointly received a lump-sum contract for the design,...
Mitsui Chemicals, Inc. has entered into a joint research agreement with The Dow Chemical Company to further the development of catalyst systems for the production of olefin block copolyme...
An accidental shutdown at it's ethylene plan in Corunna, Ont., will cost Nova Chemicals Corp. an estimated US$11 mln in lost income. The Corunna facility produces over 1.6 million tpa of ...
State oil and gas giant PetroVietnam plans to establish a joint venture (JV) next year to develop a US$3 bln petrochemical complex including the long-planned Nghi Son oil refinery. Capaci...
18 months after the signing of the joint venture agreement between Clariant and Hangzhou Baihe Chemical Co. Ltd. for the production of High-Performance (HP) pigments in Hangzhou southwest...
To meet the growing global demand for fire-resistant polymer systems and resins for construction and electronics materials, Albemarle plans to build a phosphorus-based flame-retardant man...
Light sweet crude for July delivery settled at US$68.94 a barrel on the New York Mercantile Exchange and July Brent crude futures on London's ICE Futures exchange steadied at US$68.08 a b...
After signing the Rs 40,000 crore special economic zone deal with the Haryana government, the Mukesh Ambani controlled Reliance Industries Ltd (RIL) plans to make another such huge invest...
India's Prime Minister is to lay the foundation stone for Oil and Natural Gas Corp's (ONGC) Rs 4,900 crore Petrochemical Complex at Mangalore- a one million tpa Aromatics Complex. 15 mill...
Japan's largest oil wholesaler Nippon Oil Corp. and Japan Energy Corp. have entered into a 10-year tie-up accord, automatically renewed under a contractual clause. The two have jointly ag...
Indian Oil Corporation has commissioned India's largest purified trephthalic acid (PTA) plant at it's Panipat Refinery in Haryana. The PX-PTA complex set up at an investment of Rs 4,600 c...
Oil prices saw a marginal drop on Monday, but continued to hover around US$69 a barrel as worries over Iran's nuclear ambitions that might affect oil supplies continue to plague the marke...
ICA Fluor is to provide detailed engineering, construction, procurement and precommissioning services for two petrochemical facilities in Mexico - Alpek, the petrochemical arm of Mexico`s...
State-run Indian Oil Corp. Ltd. has offered stakes in its Panipat petrochemicals plant and a refinery at Paradip, to Kuwait. Preliminary discussions have been focused on the possibility o...
Borouge has announced that the multi-billion Borouge 2 expansion project at its petrochemicals manufacturing facility in Ruwais, Abu Dhabi, is well on track for completion as scheduled by...
Saudi Basic Industries Corp (Sabic) has secured a financing package worth SR13.1 billion ($3.5 billion) for its subsidiary Yansab, expected to start production by the Q2-2008. The package...
India's Reliance Industries Ltd. plans to invest Rs 250 bln (US$5.5 bln) in a special economic zone in Haryana, that includes a 2,000MW power plant, an international cargo airport, an inl...
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