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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
The Dow Chemical Company announced has signed a joint venture agreement with BASF to construct a 300,000 mta propylene oxide manufacturing facility using the recently co-developed hydroge...
World oil prices have fallen to the lowest level since Feb. 17, as U.S. crude oil inventories rose to their highest level since May 1999 and OPEC decided to maintain its output ceiling of...
Following an ordinance issued in February aimed at preventing "throwing or depositing non-biodegradable garbage in public drains, roads, wetlands, wasteland, water bodies, and places open...
Cargill has become the leading biobased polyol maker for the flexible foam market with the selling of commercial volumes to large flexible polyurethane foam manufacturers in the automotiv...
Mexicos state oil company Pemex will develop 200 petrochemical ventures this year at an estimated investment of 2.4 billion pesos (US$221 million). The purpose of these projects is to si...
Huntsman Corporation has selection Huntsman's Geismar, Louisiana site as the location for the Company's previously announced new 100 million pound world scale maleic anhydride facility. C...
Reliance Industries will hold 80% stake in its subsidiary Reliance Petroleum after the latter launches India's biggest initial public offer (IPO) to whip up Rs 5,500-6,000 crore by this m...
In the event of explosion or a leak in any of the petrochemical plants in the upper reaches of the Yangtze River, damage around the dam project will be much bigger than that in Northeast ...
Singapore's Jurong Island is to house Asia's largest anti oxidant plant. Ciba Specialty Chemicals' is in the process of building the antioxidant plant in Singapore's petrochemical center,...
In 2004, when low margins and a high cost base led to Bayer's decision to exit the chemicals subsidiary and sell its stake through a public listing, a new company burdened with the legacy...
Mitsubishi Motors and the Aichi Industrial Technology Institute, have jointly developed an automotive interior material which uses a plant-based resin, polybutylene succinate (PBS), combi...
OPEC is expected to continue with the current 28 million bpd ceiling when they meet on Wednesday to cool prices within the comfort zone for consumers and fill supply gaps in Nigeria and I...
Budget 2006-07 reduced peak customs duty from 15% to 12.5% indicating the government's determination in bringing duties down to the levels maintained by its East-Asian counterparts. Howev...
Invensys Systems Austria has won its first ever contract from Borealis, one of the world's leading manufacturers of polyethylene and polypropylene. Under the terms of the contract, Inv...
Indian Oil Corporation has planned expenditure of Rs 7,000-crore in the next fiscal on naphtha cracker plants and refinery expansion. The company's board is expected to soon take up for a...
After a record investment of US$800 million in 2004 and US$500 million in 2005, Shell plans to invest another half a billion dollars in China in 2006 - a step towards consolidating its ex...
Despite doubts expressed by the project evaluation committee (PEC) on the project's configuration and its long-term economic viability, Indian Oil Corporation (IOC) plans to seek board ap...
Titan Chemicals Corp Bhd has awarded contracts worth RM261 million for the construction of two plants in Pasir Gudang, Johor to CTCI Overseas Corp Ltd and CTCI Malaysia Sdn Bhd for a buta...
World oil prices fell before two key meetings this week in Vienna : of IAEA on Iran's nuclear program and the other of OPEC members to discuss production levels. New York's main contract,...
State-owned oil giant Saudi Aramco wishes to float 25-30% stake in the US$9.8 bln Petrorabigh complex this year, but faces resistance from Japanese partner Sumitomo Chemicals, that believ...
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