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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
The Indian cabinet has given approval to sell the government's remaining stakes in 5 PSU's, including Indian Petrochemicals Corp. Ltd. (IPCL) to raise Rs 50 billion rupees ($1.1 billion)....
Energy giant Royal Dutch Shell has declared "force majeure," in Nigeria. Shell has halted deliveries in major producer Nigeria after a pipeline explosion there reportedly killed at least ...
State-owned gas utility GAIL (India) Ltd has planned an investment outlay of over Rs 116 billion (US$2.56 billion) in various gas cracker projects in the country. GAIL proposed investme...
A free trade agreement (FTA) between the EU and the AGCC, the first region to sign the trade agreement outside Europe, has been delayed to 2006. Final negotiation rounds are to be held i...
The UTI Bank has joined hands with Reliance Industries Ltd (RIL) for the company's second SEZ in Maharashtra, proposed near Alibaug in Raigad district of Maharashtra. UTI Bank will struct...
India's oil and gas minister is licked in conflict with the country's largest public sector undertaking (PSU) Oil and Natural Gas Corporation (ONGC). The ministry seems upset by ONGC's i...
Divestment by India's largest private sector company, following settlement between the two Ambani brothers has resulted in Anil Ambani gaining control of utility Reliance Energy Ltd., fin...
Crude oil prices saw a half a dollar increases on disclosure of US government's weekly petroleum report that showed a decline in domestic inventories of distillate fuel, which include hea...
Project Management and Development Company Ltd. (PMD) has selected Basell technologies for two new polyethylene plants to be build in the Kingdom of Saudi Arabia. Hostalen technology will...
Shell Chemicals has signed agreements for the sale of Shell Petrochimie Mediterranee's (SPM) 50% share in Société du Craqueur de l'Aubette (SCA) to Basell. SCA owns the ethylene cracker ...
To tackle the risk of overcapacity in its energy sector, China plans to curb investment in smaller-scale refining and petrochemical plants. Hydro cracking units that process under 800,000...
NPC, a subsidiary of Iran's petrochemical giant NPC International, has agreed to infuse US$100 million into th erevival of Bataan Polyethylene Corporation. NPC Alliance Corporation has si...
GAIL (India) Limited is planning to set up a 400,000 TPA 'integrated grass root petrochemical plant at an investment Rs 62 bln in Kochi using LNG as feed stock, The feasibility report of ...
Malaysia's Titan Chemical Corp Bhd is poised to join the ranks of the largest producers of polyethylene in South-East Asia with the acqusition of the entire equity interest in Indonesia's...
The Aromatics (Thailand) Plc (ATC) has signed agreements to sell petrochemical products worth US$1.5 billion from its new complex to Mitsui Chemical Inc and the joint venture Siam Mitsui ...
A slick containing potentially lethal benzene in the Amur River is expected to reach the city of Khabarovsk on December 21. Traces of the slick, which formed after a November 13 explosio...
The European Commission launched its plastic bag investigation after 30 EU manufacturers complained that Asian competitors were selling bags for export cheaper than they were sold in dome...
Iran has forged a US$100 million joint venture agreement with the Philippines in the petrochemicals sector. This will be Iran's first major investment in the country, details of which are...
Oil prices showed their first upward movement in four days, rising marginally before release of a report by the U.S. Department of Energy. Light, sweet crude for January delivery rose 7 ...
The board meeting of of Haldia Petrochemicals Limited (HPL) in Delhi failed to tackle the major issued between - The Chatterjee Group and the West Bengal Government, avoiding the unresolv...
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