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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
Organization of Petroleum Exporting Countries (OPEC) plans to maintain its current production to meet demand during the coming Northern Hemisphere winter as oil prices, according to them ...
The Dow Chemical Company (Dow) has significantly broadened its North American portfolio of linear low density polyethylene (LLDPE) resins for the industrial and consumer films industry wi...
Two more petitions from Prachai Leophairatana challenging the restructuring plan of Thai Petrochemical Industry (TPI) have been dismissed by the Central Bankruptcy Court. This clears the ...
Graham Corporation has received a letter of intent, valued at approximately $2 million, for two steam surface condensers to be installed in a new Kuwaiti ethylene production plant. Revenu...
Under the EU Merger Regulation, the European Commission has cleared the proposed acquisition of Innovene, a US petrochemical company by INEOS, a UK based group involved in intermediate an...
Sabic is offering 35% of the Yanbu National Petrochemicals Company (Yansab) on the Red Sea coast which will have a paid-up capital of SR5.625 billion Saudi ($1.50 billion) and is due to s...
Korean constructing firms have generated a business of over US$10 billion this year due to the construction upswing in the Middle East. Daelim Industrial Co of Korea and Technimont of...
Technip was awarded the contract to perform detailed engineering, procurement, construction and project management (EPCM) services for and on behalf of Sasol last year. This contract furt...
The accession of Saudi Arabia to the World Trade Organization (WTO) is the result of 12 years of extensive negotiations that led to the adoption of 42 bylaws in the last four years. The S...
10% of the world’s proven reserves of around 100 bln barrels are in Kuwait. Kuwait has the fifth largest Opec quota at 2.227mln bpd but its actual production is around 2.5 mln bpd, which ...
As oil prices escalate, gas-to-olefins are estimated to play an important role in the future production of petrochemicals. A lower cost alternative to crude oil-based production of light ...
U.S. crude prices crossed over US$60 a barrel but technical factors may stump further gains ahead of U.S. inventory data. Oil prices touched a one-month high of US$60.80 a barrel on Monda...
Bandar Imam Petrochemical Complex (BIPC) is gearing up to undertake Liquid Ethylene Pipeline Project to conduct surplus ethylene produced by olefin units of Amir Kabir, Marun, Arvand and ...
Reliance Industries Ltd., India's largest private refiner has restarted all units at its Jamnagar refinery after completing scheduled maintenance. Major units of the 660,000 bpd refinery...
Working on a target to develop a full-fledged petrochemical and chemical industry in Qatar that fully integrates the upstream production of basic intermediates with the processing industr...
Petrochina International has awarded to Technip, in association with Innovene as licensor, a US$50 mln contract for two lines of polypropylene for Petrochina Dushanzi Petrochemical Compan...
The emergent market for frozen foods in India is to be introduced to packaging that offers impact strength at low temperatures and dimensional stability at high temperatures. The new pack...
Wood Group, the Scottish oil services company, has secured a contract to provide maintenance, support and construction services at ExxonMobil's Mossmorran Fife Ethylene Plant, that proces...
Thailand is gearing up to meet the ever-increasing demand for energy and petrochemical products and reduce reliance on imports. Thailand's state-owned oil firm PTT Public Company Limited ...
The construction of Haldia-Paradip crude pipeline has been accorded top priority and the proposed petrochemical complex at Paradip, of which the pipeline is a part, will be completed on t...
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