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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
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...
Kuwait has plans to build a US$5 billion refinery and petrochemical plant in southern China and is currently evaluating a range of proposals from potential Chinese partners. China and ...
Nova Chemicals Corporation's Corunna manufacturing facility has successfully resumed operations after an extended maintenance and modernization outage. The upgraded Corunna ethylene fle...
Aspen Technology, Inc. has successfully implemented the Aspen Apollo advanced control solution for the polymer industry by implementing the solution at SABIC-Europe's low density polyethy...
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 ...
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