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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
Recent price hikes for petroleum-based polymers has caused a downturn in demand in Europe in 2005. As per estimates, the European thermoplastics market recorded growth of less than 2%. Th...
China's GDP has been growing at 9.8% pa, supported by national industry output that has been advancing at 15% annually. China is the second largest foreign investment recipient after the ...
After hovering around US$65 levels for weeks, crude oil prices spiked to a 4 month high. Despite a rise in U.S. supplies of oil and refined products, the market seemed to be weighed by su...
Crude oil prices dipped, as traders took profits from a recent surge in prices caused by supply concerns triggered by possible sanctions against Iran and political unrest in Nigeria. Ligh...
Royal Dutch Shell will sign a broad agreement with India's Oil and Natural Gas Corp. (ONGC.) for potential joint operations in India and abroad. Shell's agreement with ONGC will encompass...
Indian Oil plans to seek board approval to go ahead with the hapless Paradip refinery project, with a capacity of the 15 mln ton. The company is confident to commence the preparatory work...
HPL management, now being run by the government of West Bengal (GoWB) instead of the private sector promoter, The Chatterjee Group (TCG), would consider a dividend in 2005-06. The ongoing...
The investment board of Singapore had allocated US$33 million for investment in Asia in the next three years. Pakistan plans to get at least 5% of these investment funds from Singapor...
Saudi Basic Industries Corp (Sabic) is expected to post a net profit of SR20.2 billion ($5.4 billion) for 2005, a 41.5% rise from the SR14.25 billion profit the company posted in 2004. A...
integrated circuits has driven up trade between the two countries. Singapore's exports to China soared 27% as against last year to S$15 billion (US$9 billion) in 2005. China has become Si...
Brihanmumbai Municipal Corporation (BMC) plans to pay for used plastic bags, instead of banning them. This decision seems to have stemmed from the realization that implementation of an an...
Nova Chemicals has been operating the crude oil processing unit at its Corunna site at approximately 50% rates since October 20, 2005. Full operation of Nova Chemicals' Corunna, Ontario ...
Yanbu National Petrochemicals Company (Yansab), that plans to establish one of the world's largest petrochemical complexes with an annual capacity exceeding 4 mln tons of secondary petroc...
As militants threatened to use more aggressive tactics against Nigeria's oil workers and their families from Feb 1, US crude surged by over 2% to US$65.53 a barrel. This increase in aggre...
Chemplast Sanmar Ltd., the flagship company of the Sanmar Group, has received board approval to the proposal for investing Rs 450 crore for setting up a green field 170,000 TPA PVC (pol...
Growing environmental awareness coupled with the rise in pre-packaged disposable meals have put pressure on food manufacturers and packagers to reduce their products' impact on the enviro...
Reports indicate that unsighted growth of polyvinyl chloride (PVC) production in China in recent years has led to a over capacity, causing supply-demand imbalance. In 2004, PVC producti...
Kraton Polymers LLC has announced the availability of two new grades of its KRATON G® SBCs for film applications, that provide an alternative to plasticized PVC for numerous film-based, ...
Bry-Air (Asia), part of the Pahwa group, has acquired the global business interests and marketing rights from Bry-Air Inc., USA, which includes the Bry-Air brand and all trademarks of Bry...
Shell Global Solutions International has recommended setting up of 2-3 export-oriented integrated refining cum petrochemical hubs in India, each with a capacity of 30-60 million tpa refin...
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