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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
Indonesia's Tirtamas Group is looking for loans to repay its debt of Rp3.2 trillion (US$340 million) to the government to regain control of its aromatics unit PT Tuban Petrochemical Indus...
Shell's 418,000 bpd Pernis plant in Rotterdam, was forced to scale back operations as the refinery lost production of steam, crucial as a source of power for refinery operations and in hi...
The Cabinet level Tariff and Related Matters committee decision to reduce tariffs on petrochemical products to a maximum of 5% from 7-10% has upset JG Summit Petrochemical Corp. (JGSPC)’s...
South Korean builder SK Engineering & Construction Co. has obtained an order from Kuwait's state-run Petrochemical Industries Co. to build a chemical plant for US$1.2 billion. SK has form...
Total Petrochemicals has awarded Technip a turnkey contract for the construction of a demonstration unit at the petrochemicals complex at Feluy (Belgium), which falls within the framework...
Dispute between the West Bengal government and Chatterjee Group (TCG) over control of Haldia Petrochemicals (HPL) has intensified as the state government submitted that Purnendu Chatterje...
Demand for petrochemicals usually moves in tandem with the gross domestic product. Formosa Plastic Group hopes to ride on the wave of strong economic growth in the US which will prompt hi...
As concern mounted about political developments in Iran and other oil-rich regions, crude oil prices closed flat after hit a session high. New York's main oil contract, light sweet crude ...
Robust demand from China for petrochemical products is fueling a revival of Japanese petrochem manufacturers, with 8 of the nation's 9 oil wholesalers and petrochemical producers showin...
Poland's BorsodChem paid an undisclosed amount for 100% of Petrochemia-Blachownia in October. The country's Competition Office has approved the purchase of this acquisition. Petrochemia-B...
Areas around Haldia and Vishakhapatnam have been shortlisted by a group of NRIs along with Dow and DuPont for setting up petrochemical conclaves. The conclaves, which are expected to come...
A study conducted by Shell has reported that the existing taxation norms may not make the setting up of an integrated refinery cum petrochemicals hub in India commercially sustainable. Sh...
India's largest petrochemicals firm, Reliance Industries Ltd. has posted 15% drop in quarterly net profit. October-December net profit fell to 17.76 billion rupees ($401 million) from 20....
A malfunction at an aromatic recovery at its petrochemicals unit located in Chita, Aichi prefecture, forced Japan Energy to operate at lower capacity for over one month. Japan Energy Corp...
Rising demand for petrochemicals in Asia has provided a boost to Asahi Kasei Corp., as the group expects net profit to reach a record-high 59 billion yen on sales of 1.5 trillion yen, for...
Despite the Energy Department's report showing ample fuel supplies for the winter heating season, oil prices continue on an uptrend. New York's main oil contract, light sweet crude for de...
Thai petrochemical industry saw a satisfactorily growth in 2005, and is likely to grow further in the next few years. Many entrepreneurs have invested more in the petrochemical produc...
The two conflicting partners in Haldia Petrochemicals Ltd (HPL) Purnendu Chatterjee and the West Bengal government, have failed to settle out of court their dispute over management contr...
Close to the heel of the news of Solvay's recent announcement to purchase the Polymers Division of Gharda Chemicals in India, to further expand Solvay's portfolio of ultra-performance pol...
Indian polymer producers, RIL and IPCL have announced an upward price revision wef 12 Jan 2005, as follows: HDPE prices rise by Re1 per kg on basic LLDPE prices rise by Re1 per kg on ba...
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