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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
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...
Nova's Corunna ethylene flexi-cracker has resumed production on Jan. 24 and its polyethylene plant in Sarnia, Ont., is returning to normal. The ethylene plant has returned to normal opera...
82% stake in Spolana to Polish company Anwil, which is also controlled by PKN. Spolana is the leading producer of PVC in the Czech Republic, and also produces chlorine, fertilizers and in...
RIL and IPCL have announce a polymer price rollover
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...
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