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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
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...
Shell Eastern Petroleum (Pte) Ltd (SEPL) has signed agreement with Foster Wheeler Ltd. for a world-scale ethylene oxide/mono-ethylene glycol (EO/MEG) unit. Engineering and construction...
NOVA Chemicals Corp. has hired Jacobs Engineering Group Inc- a Pasadena, California based company to help with the expansion of a Western Pennsylvania plant. The compay will provide eng...
Philippines largest oil refiner in asset terms, Petron Corp. has awarded a US$178.4 million project contract to South Korea's Daelim Industrial Ltd. for the construction of Petron's Petro...
With the aim of buying back shares to reduce the equity ratio and increase earnings per share, BASF had planned a share buy back. Under the €1.5 billion share buyback program announced in...
As a result of the ring trading session today at 12.20 - 12.25 (London time), the official prices for LME plastics contracts are as follows: LLDPE BUYER ...
PolyOne has recently installed a double-layer blow molding machine at their site in Cergy, France. With the installation of this new blow molding equipment, PolyOne expands beyond a simpl...
Global demand for ABS is expanding about 7-8% annually. Asian demand constituted 70% of global ABS consumption in 2004 pegged at 5.5 million metric tons. Global capacity of ABS in 2004 wa...
PolyOne has added a new stretch blow molding machine to their color laboratory in Assesse, Belgium. This machine enhances the company's already vast experience and technical capabilities ...
Technip has been awarded a contract by Total Petrochemicals for a turnkey contract for the construction of a demonstration unit at the petrochemicals complex at Feluy (Belgium). This unit...
US demand for heating fuels is expected to be about 34% below normal this week because of mild temperatures in the main heating regions of the country. Oil prices fell from three-month hi...
Reliance Industries Ltd. posted a higher-than- expected drop in Q3 profit because of a planned 8 week shutdown at its refinery and higher expenses. Profit fell 15% to Rs.17.76 billion (US...
Oil prices fell from three month highs as mild weather in the US cut deeply into demand for heating fuels. London Brent crude fell 71 cents to US$62.01 and U.S. light sweet crude settled ...
A fire affected the coolant system forcing a shutdown last week at South Korea's Yeochon Naphtha Cracking Centre (YNCC). YNCC has restarted the 400,000 tpa No. 3 cracker. However, the 510...
Two naphtha crackers at South Korea's YNCC were forced to shut down after a fire hit the plant's coolant system. After a forced shutdown last week, South Korea's Yeochon Naphtha Cracking ...
Syria has signed a memorandum of understanding (MOU) with a Russian company for the construction of a US$2.7 bln refinery and petrochemical plant in Deir-ez-Zor, to be completed in five y...
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