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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
Reliance Industries (RIL) has posted a 9% increase in net profit, primarily on the strength of record refining margins. In the fourth quarter, refining margins for RIL were its highest ev...
BASF, the world's biggest chemicals group and its Chinese partner Sinopec, are to conclude talks of the planned expansion of its Nanjing petrochemicals plant, which began operations last ...
The Industrial Development Bank of India (IDBI) has moved Delhi High Court against the company law board (CLB) order deferring its allotment of Haldia Petrochemicals. The CLB, has allowed...
With a focus on its core business of refinery and petrochemicals, Mukesh Ambani-led Reliance Industries Limited (RIL), has set aside over Rs 58,500 crore for investments, allocating Rs 20...
Saddled with high raw material and energy costs and strong demand for polyethylene, Dow Europe GmbH has announced a price increase across the European region for all polyethylene resins, ...
Royal DSM N.V. has commenced production at its new compounding site for engineering plastics at Jiangyin, China, doubling total capacity for the product lines Stanyl® PA46, Akulon® PA6 an...
Robust performance of China's economy in 2005 is a reflection of the healthy growth of China's plastics industry, which is expected to continue attracting investment from foreign producer...
As per the Japanese Ministry of Economy, Trade and Industry, global petrochemical derivatives demand is projected to grow till fiscal 2010 due to the increasing demand in Asian markets,...
Japanese petrochemicals maker Sanyo Petrochemical Co., a unit of Asahi Kasei Corp. continues with the shutdown at its 450,000 tpa naphtha cracker. The cracker, located in Mizushima, weste...
Indian Petrochemicals Corporation Ltd is to consider interim dividend payout to shareholders for 2005-06. This decision will be taken at the board of directors meeting on May 4. IPCL ...
Engelhard's Board of Directors has rejected an increased cash offer of US$38 per share proposed by BASF as part of a negotiated merger transaction. As per BASF's offer, cash would be prov...
Indian polymer majors RIL and IPCL have announced a hike by Re1 per kg wef 25 April 2006 for PVC, PP and PE.
India's largest manufacturer and exporter of plastics extrusion machinery, Kabra Extrusiontechnik Ltd., will offer 14% equity stake to Battenfeld Extrusionstechnik GmbH, Germany and Ameri...
The United States suspended crude deliveries to the emergency reserve and raised the prospect of easing strict federal fuel standards, causing oil prices to dip below US$73 a barrel on We...
South Korea's LG Petrochemical is mulling a US$200 million joint venture with Petrovietnam, near Vietnam's first oil refinery. The plant, planned to have a capacity of 150,000 tpa of poly...
State-owned Gas Authority Of India Ltd (GAIL) is in the process of capitalising on the growing global demand of petrochemicals and is planning for a major push in capacity expansion of it...
Simplex Infrastructure has bagged Rs 210 crore contract for Reliance`s new refinery project at Jamnagar, encompassing various civil, structural, electro-mechanical jobs at various plants ...
IPCL's earnings fell 26% to Rs 249 crore for Q4 ended March 31, 2006, as against Rs 336 crore posted in the same period last year. High prices of crude and natural gas seem to be the sing...
Reliance Industries has launched a new polypropylene (PP) line in Jamnagar, Gujarat State- the fourth line with an output of 280,000 tpa. With this, total PP output of RIL will exceed 1.7...
Prices in India for HDPE and LLDPE have been revised upwards by Re 1 per kg wef 25 April 2006. This seems to be in line with international prices that have seen an upward trend this week...
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