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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
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...
Venezuela's state petrochemicals firm Pequiven and US oil major ExxonMobil plan to raise US$1.8bn for a 50/50 US$3 billion project to manufacture olefins. The partners will contribute 40...
Exxon Mobil and Qatar have agreed earlier this year to build a US$2 billion ethylene plant, the world's largest, to meet rising demand for petrochemicals in China and India. The plant, to...
In pursuit of its plans to tap its'gas reserves (the world's third largest), Qatar has planned a petrochem project. Total SA, Europe's third-largest oil company, and state-owned Qatar Pe...
New York crude futures dipped on Thursday even as winter storm hit the Southeast coupled with the Government announcement that the amount of natural gas in storage declined last week. Lig...
Technip, technologies & construction service provider has signed a contract for the construction of an ethylene plant at The Kuwait Olefins Company's (TKOC) new Olefins-2 Petrochemical Co...
After focusing on oil and natural gas exploration and production offshore China, China National Offshore Oil Corporation (CNOOC) has been trying to expand its business to the middle and d...
Spanish oil company Repsol-YPF will invest US$700mln more than originally planned, in Argentina through 2009 - taking the total investments to US$6.7 bln. Investment opportunities are be...
Representatives from 30 chemical and petrochemical companies, including BASF, Exxon, BP, Reliance and Mitsubishi, are mulling the setting up mega-petrochemical regions in India. "Each r...
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