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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
Yokogawa Electric Corporation has concluded a 4-year maintenance contract (till December 2009) with CNOOC and Shell Petrochemicals Company Limited (CSPC) under which it will maintain the ...
Japanese plant engineering firm JGC Corp. has received a US$$860 million order to build the core facilities of a large oil refinery and petrochemical complex in Saudi Arabia from a JV bet...
Singapore conglomerate SembCorp Industries' engineering subsidiary has won a contract worth US$200 million to build a petrochemical plant in the United Kingdom.
World oil prices steadied as all eyes turn towards two crucial meetings to be held in Vienna next week. New York's main contract, light sweet crude for delivery in April, closed at US$63....
India's Oil and Natural Gas Corp.'s board had approved an investment of 80 billion rupees ($1.8 billion) to boost the capacity of Mangalore Refinery & Petrochemicals to 15 million tpa. Th...
Petrom, South East Europe's biggest producer of crude oil and gas will commission installation for the hydro treatment of vacuum gas oil at its Arpechim refinery in Q1-2006. Arpechim is t...
Association of Rotational Molders International, ARMI, Chicago, USA, is the largest Association of Rotomoulders in the world having close to 600 members, this organization is 20 years old...
From the organizers view, Plastindia 2006 was a gigantic affair, which comes together just in time. Spread over 15 acres of land, app. 350,000 sq. meter of display area and beautifying 80...
Continuous uncertainties over supplies from Nigeria and Iran have caused oil prices to rise sharply on Thursday. At the end of trading, US light crude rose to US$63.36 a barrel, while Lon...
Rabigh Refining and Petrochemical Co. - a petrochemical joint venture between Sumitomo Chemical Co Ltd and Saudi Aramco will borrow US$5.8 bln from a syndicate of 19 banks. The lenders i...
Dow Canada's President and Olefins Director, Dr. Ramesh Ramachandran, has been named director of Strategic Planning and Business Analysis for The Dow Chemical Company. Dr. Ramachandran ha...
BASF, the world's largest chemicals company has agreed to buy Degussa's specialty business for 2.2 bln euros (US$2.6 billion). The transaction is estimated to be complete by midyear, sub...
Haldia Petrochemicals Ltd. (HPL) consumes around 1.75 million tpa of naphtha, at an estimated value of Rs 4,000 crore. This comprises a major portion of the input cost of HPL. The dut...
Qatar Petrochemical Company (Qapco), a joint venture between Industries Qatar Co (80%) and Total Petrochemicals(20%) has planned petrochem expansions. The expansion projects include : A...
Reliance Industries Ltd and IPCL have announced a downward revision in polymer prices with effect from PP prices have been reduced by Rs 1.50 per kg on basic LDPE/LLDPE prices have bee...
Canadian businessmen have expressed an interest in launching two petrochemical projects in Egypt at an investment outlay of US$1.8 billion. If approved, these two ventures would be impo...
The news on 28th February 2006 appeared in all news papers was shocking, unexpected, and as such is completely against the interest of plastic industry. Prior to this, on 7th February 20...
It is a welcome gesture by the Finance Minister to reduce Import Duty on Commodity Plastics from 10% to 5%. This will help for stability of local polymers prices. This reduction of Cust...
As supply risks mount in key producing countries, and US gasoline demand continues to be strong limiting gains by rising US energy stockpiles- oil prices continue to rise higher. April-...
Indonesia's largest PET producer - Indorama Polymers Plc (IRP) plans to expand capacity at its Thai unit by 39% next year, and plans to increase its revenue by 50% this year. Indorama pla...
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