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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
SABIC plans to embark on major expansion in Asia Pacific, particularly in China. SABIC is finalizing plans to set up a fully registered company SABIC China and other offices in Beijing, s...
May 22 is the date for laying the foundation stone for the $3.2bn Qatofin, a joint venture between Qapco, QP and Total Petrochemicals. The 450,000 tpa capacity plant will place Qatofin as...
Weakening demand and rising inflation have triggered a 3% drop in oil prices, as prices dropped below US$70. Light, sweet crude for June delivery fell to US$69.41 a barrel on the New York...
The Austrotherm group is Central and Eastern Europe's leader in the field of thermal insulating materials. Austrotherm continues its growth in Romania with the opening of its second expan...
Thai state-owned energy firm PTT Plc has finalized a US$526 million deal with two Japanese firms to jointly develop petrochemical projects. PTT and Asahi Kasei will hold 47.5% each, and ...
The Solvay Group has successfully completed the acquisition of the Polymers Division of Gharda Chemicals in India. The Polymers Division of Gharda Chemicals has annual sales of over US$ 1...
Owens Corning has acquired the composites business of Japan's Asahi Fiber Glass Company. Owens Corning is a world leader in building materials systems and composite solutions. This acquis...
Zimmer AG has sold its subsidiary Polytrade GmbH polymers trading and marketing arm to Zoom Developers, a holding and project development company located in India, with retroactive effect...
The Industrial Development Bank of India (IDBI) has suffered a setback due to rejection of its petition by the Delhi High Court. The petition sought a stay on a Company Law Board (CLB) or...
Bayer MaterialScience's global Polycarbonate (PC) capacity has touched the figure of one million tpa, in line with planned expansion to keep up with an estimated 8% annual growth for poly...
Crude futures dipped below US$73 a barrel after the International Energy Agency reduced its 2006 world oil demand forecast. Oil prices dipped, but continue to hover around US$72 as concer...
Mazda in conjunction with Nishikawa Rubber Co., Hiroshima and Kinki Universities, has developed a new high-strength, heat resistant bioplastic for use in automotive interior parts. The ...
Rosneft is mulling construction of a petrochemical complex at the Komsomolsky oil refinery in Russia's Far East in a project aimed to expand the oil refinery and to produce products inclu...
SolVin has invested EUR 50 million to redeploy its manufacturing activity on a limited number of sites where production capacity will exceed 300,000 metric tpa each. Solvay owns 75% of So...
DuPont Titanium Technologies plans to build a new world-class titanium dioxide plant at Dongying, Shandong Province, PRC. DuPont has selected Huatai Group Co., Ltd., to supply liquid chlo...
Dilip Piramal has merged his marketing company, Blow Plast Ltd., into the manufacturing arm VIP Industries, as per a report in Hindustan Times. The boards of the two companies approved t...
The CLB, while allowing allotment of 7.5% shares to IOC in HPL, restrained the company from allotting shares worth Rs 135 crore to IDBI till the final disposal of the case. The Delhi Hig...
A boiler failure has led to a large flare from the Shell Chemicals plant in Norco, causing the shutdown of a production unit. The boiler's failure on Wednesday occurred when another boi...
Uhde has received a contract from SKC of Seoul for a propylene oxide plant. The 100,000 tpa propylene oxide plant will be built at Ulsan and is scheduled to come on-stream in early 2008. ...
After a spurt caused by supply worries linked to violence in Nigeria recorded on the previous day, crude oil futures dipped. Light, sweet crude for June delivery fell to US$72.94 a barrel...
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