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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
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...
Egypt has opened the door to privatisation in the country, welcoming investors by providing them facilities to ensure their success mainly in the fields of petrochemical, industrial chemi...
Technip has signed a contract with Saudi Basic Industries Corporation (Sabic) for the construction of 1.3 million mta of ethylene and 400,000 mta of propylene production plant at the Yans...
In view of its long-term visions to advance into the value-added plastic business,Honam Petrochemical Corp. (a unit of South Korea's retail giant Lotte Group), has signed a contract with ...
Purnendu Chatterjee is expected to submit his compromise proposal before the Haldia Petrochem board at a meeting to be held tomorrow in New Delhi, scheduled ahead of the company law board...
After sharp losses late last week, oil prices steadied around US$58 a barrel on Monday as the market seems likely to lie low until Opec meets at the end of January to discuss a possible p...
DSM, the largest manufacturer of high performance polyethylene (HPPE) fiber in the world, plans to make another investment in a new production line for Dyneema® fiber in Greenville, North...
Technical problems at its 400,000 tpa paraxylene unit have caused oil refiner Japan Energy Corp. to reduce operations at its plant in Chita, Aichi prefecture. Japan Energy, a unit of Nip...
Thailand's PTT Chemical PCL, one of Asia's largest ethylene makers has scheduled a maintenance shutdown of two of its plants in Q4 of 2006. The company will undergo expansion to increase ...
The previous government of Stanislav Gross sold 63% of Unipetrol shares for 13.05 billion crowns to the Polish PKN Orlen company last year. Speculations are rife that Unipetrol's priva...
South Korea's GS Construction Co. has been awarded a 225.8 billion won (US$222.2 million) order to build a petrochemical plant in Egypt. The construction for the ELAB Company will start i...
Venezuela wants foreign oil firms to become minority partners in "mixed companies" that will operate the fields under higher tax rates. Exxon Mobil Corp. is the only foreign firm resistin...
Investors in Saudi Arabia began the widely anticipated scramble for Yanbu National Petrochemicals Company's (Yansab) US$525 mln initial public offering (IPO). Saudi Basic Industries (Sabi...
Fiberfil Engineered Plastics has acquired DSM's North American polypropylene business, in conjunction with the manufacturing site in Stoney Creek, Canada. Fiberfil Engineered Plastics Inc...
Mitsubishi Chemical plans to boost its polycarbonate resin capacity from the present 400,000 tpa to 1 million tpa by 2010. The plan is to implement debottlenecking at plants in Japan and ...
Gail (India) Ltd. Plans to set up JV projects worth over Rs 15,000 crore in Orissa, including a coal gassification plant, pipeline project, petrochemical complex and a power plant. G...
Indian major Indian Oil Corporation (IOC) is mulling cooperation with China's state-owned China Petroleum and Chemical Corporation (Sinopec) to build a US$4 bln refinery-cum-petrochemical...
Solvay has acquired the Polymers Division of Gharda Chemicals in India by signing a binding Sale & Purchase agreement for the acquisition. The transaction is subject to certain conditions...
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