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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
Oil prices eased marginally despite supply concerns from major crude producers Nigeria and Iran. New York's main contract, light sweet crude for delivery in May dipped to US$66.15 per bar...
Reliance Petroleum Ltd (RPL) plans to more than double the area of its special economic zone at Jamnagar from 4,000 acres to around 10,000 acres. The new 30 million ton capacity refinery,...
In a move that provides impetus to Indian Oil Corp. (IOC)'s proposed refinery at Paradip in Orissa, the board has cleared the proposal of a scaled-up project size from the initial 9 mln t...
Crude-oil futures fell below US$66 a barrel as traders took profits after yesterday's price surge triggered by supply concerns, and the market awaits U.S. oil inventory data expected to s...
German petrochemical giant, Bayer AG, plans to invest US$1.8 billion in a petrochemical complex in Shanghai over the next four years. The focal point of the petrochemical complex will ...
Brazilian state oil company Petrobras plans to build a new petrochemical complex in the metropolitan area of Rio de Janeiro, at a total cost of US$3.5 billion. The new unit is expected to...
Essel Propack, through its wholly-owned subsidiaries (Lamitube Technologies, Mauritius and Lamitube Technologies Cyprus), has executed share purchase agreements for the acquisition of 100...
Borealis has introduced a PP compound- GB366WG, as a replacement for stainless steel in dishwasher and washing machine interiors. GB366WG is a 30% glass filled with a special detergent s...
The Minister Counselor of Singapore's Government, Lee Kwan Yu, along with a high level delegation comprising 50 representatives of government, the industrial and economic sectors from Sin...
Indian Oil Corporation (IOC) and West Bengal Industrial Development Corporation (WBIDC) have asked The Chatterjee Group (TCG) to honour the resolution passed by the board of Haldia Petroc...
UOP LLC, a Honeywell company has selected UOP technology for eight process units for the expansion of its La Rabida Refinery in Huelva, Spain by CEPSA, a leading European petroleum and pe...
DuPont Engineering Polymers, at its booth at Plastindia 2006 held in New Delhi, featured applications new to the Indian market. These include a powertrain system and DuPont Engineering Th...
Brazil's state-controlled oil company Petroleo Brasileiro SA, plans to build a US$6.5 billion petrochemical complex near Rio de Janeiro to help it process rising output of heavy crude fro...
Andrew Y. Yan (Authorised Signatory for SAIF II Mauritius Company Limited) has acquired 18,72,000 shares aggregating to 6.66% of the total paid up capital of Jindal Poly Films Limited, th...
South Korea's LG Chem Ltd. and Lotte Daesan Petrochemical Corp. have shut their naphtha crackers for the next five to seven days due to brief power outages. The naphtha cracker at LG Chem...
Abu Dhabi based Borouge, which is 40% owned by Borealis, is keen to go ahead with its multi-billion dollar expansion including a 1.4 mln ton ethylene cracker and two 400,000 ton polypropy...
Crude oil futures have risen on Tuesday in early Asian trade as demand gets stronger and supply concerns from Iran and Nigeria continue to plague the market. Light, sweet crude for May de...
Indian Government plans to establish multiple petroleum, chemicals and petrochemicals (PC&P) investment regions with global-scale operations. However, lack of R&D seems to be the stumblin...
Currently, annual revenue generated by the petrochem industry stands at US $1.6 trillion and is projected to grow to US$15 trillion to $20 trillion by 2050 - a ten-fold increase. The grow...
China plans to invest US$22.5 bln in the oil refining and petrochemical sector in the next five years, including Five 10 mln ton oil refining bases Two aromatic hydrocarbon productio...
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