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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
In a move to integrate operations of IPCL, Reliance Industries plans to merge a handful of its polyester fibre companies with its petrochemicals arm Indian Petrochemicals Corporation Ltd ...
Despite news reports to the contrary, SPIC Ltd. is hopeful that the acquisition of SPIC Petrochemical by ONGC is to be completed soon- probably one month's time. Due diligence has been co...
Chevron had picked up a 5% stake in RPL for Rs 1320 crore last week and had the flexibility of ramping it up to 29%. Chevron has become a co-promoter of RPL a week after the proposal got ...
One of the world's world's largest polymer producers -Dow Chemical Company, plans to invest Rs 5,000 crore to set up a facility at the petrochemicals complex being set up by Reliance Petr...
The West Bengal government has been in conflicts with its JV partner, the Chatterjee Group, over shareholding pattern- and now seems to be scouting for other big petrochemicals companies ...
Oil prices rose by more than one dollar on concerns about supply disruptions in Nigeria and tensions between the West and Iran over Tehran's nuclear ambitions, settling at a record high a...
Following a forced shutdown of its fluid catalytic cracker (FCC) unit and problems with the main cracker, OMV has declared force majeure on its 500,000 tpa ethylene and 400,000 tpa propyl...
Hit by surging costs of raw materials, Q1 net income at LG Petrochemicals fell 35% from a year ago. Net profit was 33.8 billion won ($35.4 million) for the January-March period, compared ...
As per advice from the Union Petroleum And Natural Gas Ministry, ONGC has completed due diligence and valuation exercises on SPIC Petrochemicals. ONGC had appointed Ernst & Young as the ...
Nizhnekamskneftekhim, Russia's leading petrochemical maker plans to invest US$940 million in production development before 2010. The funds would go to expand production capacity and outpu...
Brazil's Braskem and Venezuela's Pequiven (a division of Venezuela's state-run oil firm PDVSA), have signed a memorandum of understanding for the construction of a petrochemicals complex ...
The civic body's decision on cups for hot beverages does not imply a ban on plastic cups alone. Cafeterias and other establishments selling food items have been instructed not to use cups...
Borouge's proposed world scale petrochemical complex in Ruwais, Borouge Two has awarded four major contracts. Borouge Two is a multi-billion dollar project - one of the largest petrochem...
of Jubail and Yanbu at an investment of US$6.1bln (23 billion riyals). Majority of the capital will be floated for public subscription, in coordination with the Capital Market Authority. ...
Oil and Natural Gas Corporation (ONGC) has announced a mega plan of investing Rs 75,000 crore in the refining business over the next 4-5 years. The plans include a new 15 million tpa expo...
State-owned Indian Oil Corporation (IOC) plans to float a SPV (special purpose vehicle) with Haryana State Industrial Development Corporation (HSIDC) to develop its petrochemical hub at P...
It is reported that the 45 crore share initial public offering (IPO) of Reliance Petroleum Ltd, a unit of petrochemicals and refining major Reliance Industries Ltd has been oversubscribed...
The Islamic Development Bank (IDB) is to disburse a loan of US $150 million out of the total of US$ 600 million, for the development of Rabigh Refinery and Petrochemical Project, proposed...
To meet the rising demand for petrochemicals, China's fourth-largest integrated oil firm by capacity, state-owned Sinochem Corp. plans to build a refinery in the eastern province of Zheji...
As crude oil price escalate globally, the economical viability of a coal to liquid project that can produce crude at US $50 a barrel becomes more promising. Indian Oil Corporation (I...
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