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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
Singapore has agreed to deduct the value of the imported midstream petrochemical products by firms located in the economic zones. This deduction will come from the $8 million compensation...
Reports indicate that Taiwan's Formosa Plastics Group plans to invest more than T$100 billion (US$3.2 billion) to expand petrochemical complex in southern Taiwan by 2010. Formosa includ...
Basell has signed a joint venture agreement with Tasnee & Sahara Olefins Company for the construction of a new integrated ethylene and polyethylene complex at Al-Jubail Industrial City in...
After the roaring success of the INDIAPACK 2004, The Indian Institute of Packaging (a member of World Packaging Organisation) an autonomous body under Ministry of Commerce & Indu...
A continued increase in raw materials has caused Dow Chemical to raise prices for all Styrofoam Extruded Polystyrene products across Europe. The current pricing of STYROFOAM products does...
Strong regional demand has spurred Bayer MaterialScience to bring forward investment plans in China and double PC production to a total capacity of 200,000tpa by as early as 2007. Ongoi...
The ExxonMobil Polyolefins Plant in Baton Rouge has set a new record in industry safety. The plant has earned the Distinguished Safety Award from the National Petrochemical and Refiners A...
Mitsubishi Chemical Corporation (MCC) has signed a contract with ExxonMobil Chemical Company (EMCC), the chemical division of Exxon Mobil Corporation (EMC), to purchase EMCC's stake in t...
Reliance Industries Limited (RIL), Dow Chemicals, Exxon-Mobil and Sabic are the four companies shortlisted by Saudi Aramco to set up a $8-billion petrochemical plant to be located at the ...
Taiwan's Formosa Petrochemical Corp. plans to shut its crude and desulphurising units from June 20. The export-oriented refiner is to shut the 150,000 bpd crude distillation unit (CDU) a...
New York's main contract, light sweet crude for delivery in June, surged by 1.44 dollars to close at US$72.13 a barrel. Despite an improvement in U.S. energy stocks, world crude oil price...
Samsung Engineering Co has been awarded a US$860 mln order by Tasnee Petrochemicals of Saudi Arabia to build a petrochemical plant in Jubail. The plant is to have production capacity of ...
Light, sweet crude for June delivery slipped to US$70.55 a barrel in electronic trading on the New York Mercantile Exchange. Oil prices slid on anticipation that a U.S. government petro...
Europe's second-biggest chemical maker- Bayer AG, is seeking funds to the tune of US$800 million to build chemical plants in China. In its largest ever investment abroad, the company will...
Japan's Keiyo Ethylene Co. plans to shut its 690,000 tpa naphtha cracker at its plant in eastern Japan from May 10 to June 14 for scheduled maintenance. Keiyo is a joint venture of Maruze...
Technip has been awarded by BP Zhuhai Chemical Co Ltd. (a joint venture between BP and the Fu Hua Group), a services contract for the development of a new world-scale PTA (Purified Tereph...
South Korea's Honam Petrochemical plans to establish a joint venture with Japan's Mitsubishi Rayon to form Daesan MMA, to build two factories in Daesan by 2008. Capacity at the plant will...
South Korea's fourth-biggest refiner Hyundai Oilbank Corp. has reached an initial deal with Compania Espanola de Petroleos, S.A. (Cepsa), the Spanish energy group to build a petrochemical...
An ethyl benzene unit has come on stream at the Pars Petrochemical Complex, Assaluyeh. When operations commence in a month's time, the plant will have a capacity to produce 645,000 tons o...
Iran has set aside over US$14 bln for investment in the petrochemical sector of the South Pars phase 2, scheduled to be operational within the next five years. Engineering operations o...
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