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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
Russian oil company RussNeft is ready to allocate funds from its 2005 US$1billion revenues and attract loans to help Belarus modernize the Polimir petrochemical plant. RussNeft has expr...
World oil prices rose on the eve of an OPEC meeting in Vienna where member countries are to decide whether to alter the cartel's level of crude production. New York's main contract, ligh...
In a bid to pass pass on high raw material and energy costs to the processors, Dow and BASF have announced price hikes in Europe. Strong demand for resins along with high feedstock costs ...
Haldia Petrochemicals Ltd (HPL) has signed a landmark technology transfer deal with Basell to use its patented technologies Spherilene and Spheripol, effecting a major expansion. The tech...
Kuokuang Petrochemical Technology Corp (KPTC) plans to set up a refinery and petrochemical complex in Taiwan, at an investment outlay of US $12.46 billion and a capacity to process 300000...
The market for polyurethanes in China is growing at double-digit rates and this is expected to continue well into the next decade. Huntsman Corporation, BASF and a group of Chinese compan...
Singapore's state-owned investment company Temasek Holdings Pte. Ltd. Has acquired 50.45% acquisition in Indonesia's debt-laden petrochemical company PT Chandra Asri, at a transaction val...
South Korea's Honam Petrochemical Corp and Japan's Mitsubishi Rayon Co. have inked a 50:50 MOU to set up a petrochemical joint venture at an investment outlay of up to about US$258 millio...
The "feedstock issue", a highly contentious issue in Saudi Arabia's bilateral negotiations with major petrochemical producing countries seems to have been resolved. Concerns abound that S...
Concerns of possible disruptions in supplies from Iran and Nigeria have pushed oil prices up. Light sweet crude for March delivery on the New York Mercantile Exchange creeped up to US$66....
An initiative to attract vast investments in the petrochem sector by creating special investment regions, backed by an appropriate policy framework, has been initiated by India's Prime Mi...
India and Saudi Arabia are poised for high-level economic commitments, particularly in the energy sector. India's petrochem major is mulling investment in a US$8 billion refinery and pet...
Nova Chemicals Corp. has reported a loss of US$68 million for the three months ended Dec. 31, as against year-ago profit of US$162 million. However, low stockpiles with processors coupled...
Reliance Industries Ltd. has formed an equal joint venture with US engineering and construction company Bechtel, to handle subsidiary Reliance Petroleum's proposed US$6 billion refinery a...
Brazilian company Innova is to build two new plants in the in the hub of Triunfo to produce ethylbenzene and styrene. The company's existing site located in the hub of Triunfo, city in th...
Canadian firm Kethy Oil and Gas Company has signed a memorandum of understanding (MoU) with the Sindh government Tuesday to establish a petrochemical plant in the province to produce coa...
Oil prices fell by over a dollar on Tuesday on anticipation of an increase in already robust U.S. crude stockpiles. U.S. light crude dipped to US$67.06 a barrel on the New York Mercantile...
An increase in prices by ONGC for long-term supply of C2/C3 (methane-propane) rich gas to Indian Petrochemicals Corporation Ltd (IPCL) is expected shortly. The gain will be especially hi...
The company law board (CLB) reserved an order on the issue of allotting 135 crore shares to IDBI by The Chatterjee Group (TCG) in the Haldia Petrochemicals Limited (HPL) case, after consi...
International project management and services company Amec has been appointed by the Ningxia Coal Industry Group (NCG) as the contractor for the development of a US$1.5 billion coal-to-ch...
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