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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
Tafnet could borrow up to US$2.72 billion in Russia and abroad to build an oil refining and petrochemicals complex in Nizhnekamsk, Shafagat Takhautdinov. The total investment o...
Rising polymer prices are putting greater cost pressures on food packaging manufacturers. A tougher variety of BASF's Styrolux Styrene-Butadiene Copolymer (SBC) for application in food se...
As a result of the ring trading session today at 12.20 - 12.25 (London time), the official prices for LME plastics contracts are as follows: LLDPE (Linear Low Density Polyethylene) ...
South Korea's Daelim Industrial Co. has received a US$180.8 million order to build a petrochemical plant from Petron Corp.of the Philippines. Under the contract, the South Korean construc...
Prime Minister of Kazakhstan has met with representatives of the transnational industrial corporation Lotte Group, to discuss the perspectives of cooperation in the sphere of petrochemica...
Oil prices rose by over US$1.50 a barrel as militant action against oil pipelines in the Niger Delta that led to a 20% cut in Nigeria's oil production. April Brent crude futures rose to U...
Qatar Petroleum and Chevron Phillips Chemical Company LLC (Chevron Phillips Chemical) have obtained project approvals and financial closing occurred for the Q-Chem II Project. The Q-Chem ...
State-run gas utility GAIL India Ltd plans to invest Rs 2,500-3,000 crore next fiscal in laying pipelines and expanding capacity of its petrochemical plant. Rs 700 crore will be towards e...
ONGC's deal to acquire SPIC Petro, a 100% subsidiary of Southern Petrochemicals Industries Corporation (SPIC), for around Rs 1,200 crore is in concluding stages, with the formal agreement...
Indian Oil Corporation (IOC), with a 6 million tons oil refinery in Panipat has plans to enhance capacity by adding an additional unit of 6 million tons. This is in addition to its 5,53,0...
The state-owned oil companies of Brazil and Bolivia are expected to clinch a deal to build a US$1.5 billion petrochemical complex in Puerto Suarez along their border, marking a breakthrou...
Qatar has signed a memorandum of understanding (MoU) with a South Korean company to set up a petrochemical complex at a cost of US$3bn. Korean firm has been assigned to identify opportuni...
Indonesia based SP Lohia promoted Indorama SPL group, is close to acquiring 75% of the equity capital of Nigeria's state-owned Eleme Petrochemicals for US$225 mln. Eleme had attracted bid...
Saudi petrochemical firm Alujain has secured a bank loan of over US$400 million to finance its first petrochemical plant - a polypropylene complex, out of the required $750 million for th...
Borealis has introduced a new polypropylene Borpact™ grade to film converters and product manufacturers which offers a unique combination of good low temperature resistance, high stiffnes...
Mitsubishi Motors Corporation is to use a newly developed an automotive interior material which uses a plant-based resin, polybutylene succinate (PBS), combined with bamboo fiber. Parts m...
A financial advisory mandate by the Al Kayan Petrochemical Company has been awarded to a bank consortium comprising Arab Banking Corporation (ABC), BNP Paribas and SAMBA Financial Group. ...
The Gujarat government's disinvestment program has been kicked off with the sale of few of its public sector undertakings, starting with the profitable Gujarat Alkalies and Chemicals. The...
Akzo Nobel has agreed to sell its polymerization catalysts & components business in the US (with a turnover of almost US$60 million in 2005) to Basell Polyolefins, the world's largest pro...
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