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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
Asahi Kasei Corp., Japan's fifth largest petrochem maker by market value, estimates net income of 58 billion yen (US$502 million) for the year ending March 31, 2006. Increasing sales and ...
Reliance Industries has recorded a surge in Q2 net profit by 41.6% to Rs 24.81 bln as against Rs17.52 bln a year ago. The Q2 profit was driven by earnings from the core oil refinery busin...
In the face of steep and continuing increases in polymer prices, Ticona has developed a lower-cost grade of cyclic olefin copolymer (COC) for food product packaging. The new cost-effectiv...
A US government report showing an increase in crude oil and gasoline inventories, pushed down oil futures. However, oil continues to trade above US$60 a barrel amid concerns of strained s...
Samsung Total Petrochemicals Co., a 50:50 joint venture between Total SA and Samsung Group plans invest 550 billion won (US$522.5 million) in facility expansion. The facility expansion is...
Volatile crude oil prices coupled with a supply glut have pushed forward the final commissioning deadline of the Rs 15,000 crore petrochemical complex of Indian Oil Corporation (IOC) at P...
Producers and exporters of polyethylene terephthalate (PET) products in Thailand face anti-dumping duties ranging from 5.13% to 49.25% for shipments to Malaysia. Among the Thai companies ...
In a bid to reduce feedstock costs and stabilise supplies, Siam Cement Plc (SCC), Thailand's largest industrial conglomerate, plans to invest upto US$1.5 billion to build up its assets in...
In a bid to open wider its long-protected but fast-growing economy, Saudi Arabia, top global oil exporter, looks set to join the World Trade Organisation(WTO), after 12 years of dialogue....
Texas Petrochemicals LP has finished a flare gas emissions recovery project as part of a voluntary butadiene reduction agreement with the Texas Commission for Environmental Quality. The f...
The Dow Chemical Company plans to construct its second LG Dow Polycarbonate plant in South Korea. LG Dow Polycarbonate is to commence construction work on its second polycarbonate (PC) tr...
Boosted by record refining margins, India's top private sector oil firm, Reliance Industries Ltd. is expected to report a 26% surge in quarterly profits. The upswing in its refining marg...
Crude futures, that had fallen on Monday and earlier Tuesday in response to Hurricane Wilma sparing oil facilities in the United States, have bounced back. World oil prices have rallied s...
South Korean petrochemicals maker LG Petrochemical Co. has reported a 20% drop in its Q3 earnings. Net profit fell by 19.3% from year ago levels to 59.6 billion won (US$56.4 million) in ...
Braskem, Latin America's leader in the thermoplastic resins segment and one of the three largest Brazilian privately owned industrial companies has had a good year, marked with ups and do...
Indian Petrochemicals Corporation Ltd. (IPCL) has reported net profit of Rs 303 crore for the quarter ended September 2005, as against Rs 138 crore in the year-ago period. This represents...
Braskem, a Brazilian petrochemical company, is the leader in the thermoplastic resins segment in Latin America and is among the three largest Brazilian-owned private industrial companies....
Robust demand for petrochemicals in Asia will drive the half yearly earnings above August forecasts for Sumitomo Chemical Co. , Japan's third-largest chemicals maker. The main contributor...
Arkema has successfully brought on stream its new High Content Ethylene - Vinyl Acetate (HC EVA) copolymer production plant at its Balan facility (Ain, France). The investment outlay for ...
Japanese contracting company Toyo and Saudi Basic Industries Corp. (SABIC) have failed to reach an agreement on payment of arrears for work carried out by Toyo for the Petrokemya project,...
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