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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 Government of Malaysia had initiated an anti-dumping investigation based on a petition filed by MPI Polyester Industries (Malaysia) Sdn. Bhd. on 27, January 2005. Preliminary investig...
The European Commission has opened a detailed investigation under the EU Merger Regulation into the planned acquisition by the UK company Ineos of the ethylene oxide and ethylene glycol b...
PetroChina Company Limited has had the ground breaking at an 800,000 tpa ethylene plant in Sichuan Province. This is the first ever complex of such scale in China's southwestern region. T...
As part of its IT Master Program to modernize operations of both up-stream oil production and down-stream refining and petrochemical production, PetroChina Co. (Asia-Pacific's largest oil...
China seems to be emerging as a potential competitor in petrochemicals to the Middle East, despite the unparalleled feedstock cost advantage. This can be mainly attributed to the low cost...
The board of directors of Gujarat Narmada Valley Fertilisers (GNFC) and Narmada Chematur Petrochemicals (NCPL) has approved a merger proposal for NCPL into GNFC. GNFC holds 56.45% stake i...
The Middle East Petrochemical Industry has reached a landmark with the launch of the Gulf Petrochemicals and Chemicals Association (GPCA). A Memorandum of Understanding has recently been ...
Despite announcing a cut in customs duty, the finance minister seems to have failed to impress the plastics industry. The proposal to impose 4% special additional duty (SAD) on bulk plast...
5 industries with employment opportunities identified in manufacturing sector, including textiles, food processing, petroleum, chemicals and petrochemicals, leather and automobiles. A Ta...
2005-06: GDP growth likely to be 8.1% with the manufacturing sector at 9.4% Agricultural growth bounced back to 2.3% Non-food credit growing by over 25% 2004-05: GDP was 7.5%, with...
No change has been announced in rates of personal income tax or corporate income tax; no new taxes are being imposed. Permanent Account Number (PAN) is the critical element in capturing ...
Finance Minister P Chidambaram today announced measures to promote investment in the petroleum, chemicals and petrochemicals (PC&P) sector. The announcements come in the wake of Shell Glo...
The Union Budget for 2006-07, presented by finance minister P Chidambram, has been welcomed by the plastics and chemicals industry for the announcement of reduction in duty in various pro...
BASF has received clearance from the European Commission regarding BASF's proposed acquisition of all of the issued and outstanding shares of common stock of Engelhard Corporation. BASF...
Oil and Natural Gas Corporation (ONGC) has floated a new company for investment of Rs 35,000 crore in petrochemical, LNG and power projects at Mangalore SEZ Ltd, a Special Purpose Vehicle...
Air Liquide has signed a 20-year contract between its subsidiary Shuaiba Oxygen and EQUATE Petrochemical Company. This new contract provides for the supply of oxygen, nitrogen and compres...
Six giant petrochemical projects valued at US$6 bln are slated to come on stream by spring of 2006. Ethane production unit of Pars Petrochemical Project has already started its pilot ope...
Oil giant PetroChina Co. Ltd. has begun building a 21 bln yuan (US$2.6 bln) petrochemical complex in the country's landlocked southwest- and important step to develop its western region a...
Crude oil prices fell as concerns over Iran's nuclear ambitions eased with a joint announcement with Russia that they would establish a joint uranium enrichment venture. Now though marke...
Since May 2003, BASF has been on a selling spree, leading to a 57% gain in the company's stock. Cash flow at BASF rose to more than 5 bln euros (US$6 bln) last year, providing the capital...
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