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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
Supply threats continue due to Iran's nuclear standoff with the international community and U.S. gasoline inventories continue to shrink, crude oil prices rise. Light, sweet crude for May...
BASF AG plans to invest US$125 mln to boost its polyurethanes business in North America. The expansion plan includes : Increasing production capacity for polyols at its site in Geismar, ...
Engineering and construction major Larsen and Toubro Ltd (L and T) has been awarded a Rs368 crore order for supply of three sets of gasification equipment to Datang International Power Ge...
Six petrochemical companies in east China's Jiangsu Province, including the Yangtze Petrochemical Company and Jinling Petrochemical Company, are under orders by the State Environmental Pr...
The US$7.4 billion and will project in Trinidad is to include a a polypropylene complex, a melamine, Urea-ammonium Nitrate complex, two aluminum smelters and an iron and steel complex.
Fuel and chemicals are noted to be produced from biomass since the 1800s, but were replaced by petrochemicals since 1930s and '40s. As oil prices rise, it makes sense to return to bio bas...
Solvay Advanced Polymers has introduced two grades of amorphous materials, developed specifically for automotive lighting applications. These materials are capable of direct metallization...
Crude oil futures, that topped US$68 a barrel for the first time in more than two months, fell marginally on Friday as traders took some profit. Light, sweet crude for May delivery dipped...
Formosa Plastics, located in Point Comfort, has been pulled up for alleged failure to protect employees from flash fire hazards, resulting in proposed penalties totaling US$148,000 from t...
Reliance Petroleum Limited (RPL) filed its Red Herring Prospectus (RHP) which has been taken on record by the Registrar of Companies (ROC), Gujarat. The issue will open for subscription o...
As inventory levels throughout the chain remain low, operating rates are high, and fundamental demand continues to build, Nova Chemicals expects a healthy performance in 2006. Nova, which...
High crude costs and low petrochemical prices have put a dent in the earnings of Sinopec Shanghai Petrochemical Co. China's largest ethylene producer by capacity, expects to post a net l...
BASF has introduced Basotect UL®, its sound-absorbing and heat-insulating melamine resin foam, particularly suitable for the insulation of airplane cabins. Basotect UL will meet the ever...
Huntsman Corp. has agreed to sell assets from its U.S. butadiene and MTBE business to Texas Petrochemicals L.P. for US$269 million. Included in the sale is the manufacturing facility in P...
Methyl methacrylate (MMA) market growth of 7% pa is anticipated in Asia and Sumitomo Chemical will continue to expand its business to meet the growing needs of its customers. Sumitomo...
Malaysia's Petronas is considering sale of two of its petrochemical plants to Vinythai PCL in return for a stake- subject to results of a valuation report on the equity portion of the two...
The Qatar Petrochemical Company (Qapco) has opened a liaison office in Taipei, Taiwan, as part of the company's plans to expand its network in different parts of the world, and at establi...
BASF plans to increase the existing production capacities for polyols at its Verbund site in Geismar, Louisiana, at a total investment of about US$125 million. The plans encompass constru...
As per an announcement by China Petroleum & Chemical Corporation (Sinopec) on Feb. 15 that it will buy back its four listed subsidiaries for 14.3 billion yuan (US$1.79 billion), Sinopec h...
Petron plans to borrow US$200 mln in long-term loans to fund its petrochemical projects. Approval was granted last year by the Board of Investments towards the grant of tax breaks to Petr...
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