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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
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...
BASF FINA Petrochemicals Ltd will be shutting down its naphtha steam cracker for 6-8 weeks beginning March 24 to complete maintenance and make plant improvements. The focus of the shutdow...
Venezuela has plans to increase production of petrochemicals in the next several years and seems poised to become a world leader in the global petrochem industry. Talks are underway to s...
Neste Oil is to sell its 10 Percent stake in Ibn Zahr to Saudi Basic Industries Corporation (SABIC) for USD 120 million. The deal for the Saudi European Petrochemical Company is expected ...
Oil prices shot up by over US$2 a barrel as a delayed reaction to U.S. government data released the previous day that showed that domestic inventories of crude oil declined by 1.3 million...
PET has the best gas barrier properties of all standard polymers, making it a popular packaging option for soft drinks. However, it has insufficient barrier properties for many demanding ...
Borealis has introduced Borpact-a film grade polypropylene with a unique combination of good low temperature resistance, high stiffness, high heat resistance plus excellent optical proper...
A new production line for cast polypropylene (CPP) film has been introduced by German equipment maker Reifenhäuser can produce high quality, transparent film in seven-layer structures at ...
South Korean petrochemical companies plan to jointly invest 3.5 trillion won ($3.59 billion) until 2009 to enhance their global competitiveness and cope with high oil prices and growing g...
Japans Mitsui Chemicals Inc. has reduced estimates for its annual operating profit estimate for the business year ending March by 20 percent, mainly due to higher prices for raw materials...
Demand for propylene has grown an average 5.7 percent pa. since 1999 and is projected to continue to grow at that rate through 2008 according to CMAI. In line with this estimated growth, ...
The Department of Chemicals and Petrochemicals has decided to begin a public awareness campaign through mass media on the use and disposal of plastics. Accordingly, a Plastic Development ...
BASF FINA Petrochemicals Ltd. located in Jefferson County, plans a 6-8 week long maintenance turnaround of its naphtha steam cracker. The plant is expected to resume normal operations b...
Alfa Laval has received a SEK 45 million order for plate heat exchangers from a joint venture between BASF and The Dow Chemical Company for use in a new petrochemical plant in Antwerp, Be...
Indian Oil Corporation (IOC) is to place before its board, a detailed feasibility report for setting up a complex at Paradip in Orissa. The project is a Rs 25,500-crore modern 15 million...
A marginal drop in world oil prices was witnessed despite an unexpected fall in U.S. crude inventories last week. New York's main contract, light sweet crude for delivery in May, closed a...
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