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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
A masterbatch that helps control taste and odor in plastics film applications for trash bags and flexible food packaging has been introduced by Ampacet. Several other end uses including i...
Indian polymer majors- RIL and IPCL have announced the followinf price increase wef 1 Jan 2006: PP prices are up by Rs. 2 per kg on basic HM film grade prices are up by Rs 1.50 per kg o...
Experts expect no decline in oil prices in the New Year and have given up calling for lower prices. A very tight market, vulnerable to supply shocks and disruption is expected to continue...
Nova Chemicals Corporation plans to shut down its Corunna, Ontario, ethylene manufacturing facility on December 28, 2005, for additional compressor seal repairs, for a period of approxima...
China has converted from a PTA technology importing nation to an exporting nation, with the successful export of Purified Terephthalic Acid (PTA) technology to Russia. Shanghai Petrochem...
Syria and Russia have signed an MOU to build an US$2.7 billion oil complex, consisting of an oil refinery and a petrochemical complex in the Syrian province Deir el-Zour. As per the M...
China's oil giant PetroChina has won Beijing's approval to build a US$2.5 billion petrochem complex in Chengdu, in southwest China. The 800,000 tpa ethylene plant is scheduled to be compl...
China's National Development and Reform Commission has granted approval for PetroChina to build a US$2.5 billion ethylene plant at Sichuan Province's capital city of Chengdu. The new ethy...
An MoU was signed between Qatar Petroleum (QP) on behalf of Qatar Holding Intermediate Industries Company (Waseeta) and the Korean firm Honam Petrochemical Corporation, to launch a multi-...
The Board of Investment of Thailand (BOI) has granted promotional privileges to 7 investment projects in marine transport and petrochemical businesses with total investment value of 15 bi...
CNOOC and Shell Petrochemical Company Limited (CSPC) have announced the completion of the construction of the world-scale petrochemicals complex in the Daya Bay, Huizhou city of South Chi...
State owned Gail India Ltd. has lined up investments of over Rs 11,600 for various gas cracker units across the country. GAIL is in talks with international oil and gas giants to partner ...
The benzene toxic slick traveling down the Amur River through Khabarovsk for the past 5 days is expected to leave the Far Eastern city by December 29. This slick has been a result of an e...
PTA demand in India is estimated to grow an average 7% in the 6 years ending in 2009, the fastest rate in Asia after China's 13.5%. To take advantage of this estimated surge in demand, Ja...
Warmer than usual weather across the United States and a recovery in crude production from Nigeria have caused oil prices to dip below US$58 a barrel post Christmas. February crude futur...
Indian Oil Corporation (IOC) is ready to acquire the West Bengal government's equity, valued at around Rs 1,500 crore (Rs 29 per share for 39% stake) in Haldia Petrochemicals Limited (HPL...
The Reliance Industries Ltd (RIL) has plans to set up petrochemicals downstream projects at its Special Economic Zone (SEZ) in Jamnagar, at an investment outlay estimated at Rs 30,000 cro...
Over 60% of Russia's petrochemical products are not competitive on the world market, due to the low level of technological development. This prevents the industry from manufacturing produ...
A meeting of global players of specialty and petrochemicals along with a group of Indian entrepreneurs and state government officials has led to a very positive outcome: Setting up of s...
Japanese petrochemical maker Showa Denko had shut its naphtha cracker, its only such unit, at the plant in southern Japan for cleaning on Wednesday. The company has restarted the 653,000...
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