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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
The Commerce Ministry of South Korea has signed a memorandum of understanding (MOU) with Mitsubishi Rayon Company of Japan and BASF Korea, the South Korean subsidiary of German Chemical C...
As part of the delegation to USA led by Union Minister of State for Industry Aswini Kumar, the West Bengal government has pitched for US investments in setting up a second oil refinery an...
BASF has introduced Ecovio - the company's first biodegradable plastic based on a renewable raw material. Ecovio is made by a special process that chemically binds BASF's Ecoflex biodegra...
BASF has announced the successful conclusion of its acquisition of Engelhard Corporation. As a result of the transaction, Engelhard is now a wholly owned subsidiary of BASF and its shares...
The contracting and constructing market has become overheated due to the glut of large investment projects in oil, gas and energy worldwide, This has lead to very high investment costs an...
Alberto, the first named tropical storm of 2006, is twisting its way through the Gulf of Mexico at 72 kmph and could bring days of rain for Florida. The state is under a tropical storm wa...
Light sweet crude for delivery next month climbed US$1.28 to US$71.63 a barrel on the New York Mercantile Exchange. In London, Brent crude gained US$1.43 to settle at US$70.48 on the ICE ...
Effective 1 June 2006, Nova Innovene is tacking an additional EUR 50/t onto the recent EUR 70/t price hike for all its PS products in Europe. This brings the total increase to EUR 120/t.
Eastman's PET resins, comprising 23% of company sales are facing increased pressure from Asian imports and prospective capacity additions of 21% in North America in 2007. This could lead ...
Dow Chemical Co. is eager to boost investment in China and could be probably looking at acquisitions, wholly owned or joint ventures. In early 2004, Dow had said it was looking to invest ...
INEOS has agreed pre-sanction expenditure for a major cracker expansion at its Köln Site, to be brought on-line during 2008. Construction of a EUR40 million unit is planned to begin early...
Despite shortages, higher energy prices and hardening global interest rates that have affected petroleum projects, Chevron Phillips Chemical Company is eyeing more opportunities in the Qa...
India's per capita polymer consumption currently stands at only 4 kg as against the world average of 25 kg per capita. Per capita consumption is much lower than China's 26 kg, hence the I...
Wellman Inc has become the largest PET resin producer in the U.S. with the successful start-up of its new PET resin line at its Pearl River facility located in Hancock County, Mississippi...
China imported over 8 million tons of plastics scrap and recycled plastics last year. 50% of these imports came from the EU and a further 3 million tons from the USA. Demand for scrap in ...
As the Asian region moves towards limiting or banning the use of PVC wraps, a Canadian company is looking to supply Asian markets with a non-PVC food wrapping film. Canada-based Diamant F...
State-run Kuwait Petroleum Corp. (KPC) has set the term premium for August 2006-July 2007 naphtha supplies at a higher premium than its last term contract, reflecting strong demand for he...
Oil prices fell for the third consecutive day on Thursday following the death of al-Zarqawi, al-Qaida's leader in Iraq, easing of tensions between Iran and the West, and also on concerns ...
Based on results of research began in 2001 and completed in last March, Brazilian petrochemical company Ipiranga Petroquímica is to produce PE-100 in Brazil, being the first company to do...
The completion of Q-Chem II in the next two years will provide an impetus to Qatar’s production of high-density polyethylene (HDPE) and normal alpha olefins (NAO).This 51:49 joint venture...
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