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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 US Government is expected to report, Wednesday, an increase in US oil inventories along with lowered global oil demand estimates. US weekly inventory data is likely to show petrol sup...
The government is considering a complete waiver of customs duty for fuels - coal, LNG and naphtha. Fuel shortage has already led to idling of nearly 4,000 MW of gas-based power produc...
The Maharashtra state cabinet has decided to issue an Ordinance to ban statewide use of plastic bags thinner than 50 microns and less than 8 inches by 12 inches in size. It will be mandat...
A Dutch company has recently enhanced its use of alternative fuels such as high calorific value waste e.g. carpets made of polymers. Granulate particle size of 20 mm using secondary granu...
Oil prices spiked by over one dollar after Iran resumed uranium enrichment and ended United Nations checks of its nuclear sites in response to being reported to the Security Council over ...
Titan Chemicals Corp Bhd's proposed acquisition of PT Petrokimia Nusantara Interindo (PT Peni) seems to be the first in line of many for the company's expansion plans as it views Indonesi...
Larsen & Toubro Ltd., India's largest engineering and construction company, is seeking an annual growth of 25 to 30% to gain orders worth $1.6 billion within the next four years in the bo...
Borealis AS has been evaluating possible closure option of HDPE plant in Norway. In an extraordinary Board meeting in Borealis AS, it was decided to inform the Supervisory Board about the...
Huntsman Corporation, with US$11.5 billion revenues in 2004 has terminated discussions for existing proposals to acquire the Company, after a thorough review of the proposals. A review of...
A chemical engineering group at The University of Texas at Austin has in laboratory tests designed a membrane material with superior gas-separating ability and tested its ability to succe...
Qapco is to invest a total of QR6.2 bln in expansion projects and joint ventures to boost Qatar's ethylene and low density polyethylene (LDPE) production significantly. Post expansion, et...
Shaw Stone & Webster, a unit of the Shaw Group Inc. has been awarded an engineering, procurement and construction services contract by The Kuwait Styrene Company K.S.C. (TKSC), a joint ve...
Petrochemical giant Shell has reported annual profits of £12.93 billion or £25,000 a minute, a figure that broke British business records. Infuriated motorists hit by rising fuel costs h...
Reports indicating rising fuel inventories have triggered oil prices to slip lower, limited by concerns that Iranian nuclear dispute could yet threaten supplies. March-dated US light crud...
The Department of Energy in its weekly petroleum supply report indicated a rise in inventories of crude oil last week by 1.9 million barrels to 321 million barrels, (11% above year ago le...
Oil and Natural Gas Corporation (ONGC) is expecting the due diligence and valuation report on its proposed plan to acquire a stake in SPIC Petrochemicals by financial advisor Ernst & Youn...
Nova Chemicals Corp.'s Beaver Valley Polystyrene plant in Monaca was idled due to an electrical outage that struck the facility on Tuesday. Technicians at the plant are in the process of ...
Though China seems to be the hot investment destination for global plastics industry as a manufacturing base, players in the German plastics industry seem to be wary of shifting productio...
The Central Bankruptcy Court postponed a hearing by TPI to exit debt rehabilitation. As some cases relevant to TPI's rehabilitation plan had not been ruled, the company will not be allowe...
At it's recent meeting, OPEC had decided to hold production steady. This has caused oil prices to fall below US$68 per barrel. Light sweet crude for March delivery on the New York Mercan...
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