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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
Oil prices that kept below US$60 a barrel for the first time in three months due to relatively mild temperatures in the US, have propelled over US$60 on worries of a colder winter in US a...
The financial opening bids for Eleme Petrochemical Company, one of Nigeria's three petrochemical plants, remains unresolved, as offers made by the companies fall far below the reserve pri...
Effects of sunlight exposure to cosmetic and toiletry packaging have been known for years. Leaving a product out in sunlight for even a short period affects the efficacy or triggers an eq...
Government legislators at the National Assembly (AN) in Venezuela are supporting a Bill to privatize a 49% minority stake in the state-owned Pequiven. A second reading of the Bill that ...
Venezuela's National Assembly has effectively ended the dependence of state petrochemical company Pequiven on state oil firm PDVSA by approving modifications to the 2002 Petrochemicals La...
The oil ministry has cleared an ONGC proposal to pick up majority stake in Spic Petrochemicals Ltd (SPL), promoted by the Southern Petrochemicals Industries Corporation Ltd (SPIC). ONGC w...
Creditors of Thai Petrochemical Industry Plc (TPI), Thailand's largest debt defaulter, have approved a proposal by TPI's administrator to extend its rehabilitation under the bankruptcy co...
Anglo-Norwegian engineering and construction major Aker Kvaerner provides engineering, project management, procurement and construction in petrochemicals, chemicals and polymers, refining...
Mitsubishi Chemical Corp., Japan's petrochemicals maker plans to shut one naphtha cracker for about 40 days of planned maintenance in 2006. The No.1 unit, at its Kashima plant, with a 375...
Oil hovered around US$61 a barrel on release of data that the United States economy was moving ahead robustly unaffected by high oil prices, and the consumption of fuel continued incessan...
Saudi Aramco and Sumitomo Chemical Co. Ltd. have signed an agreement to become joint-venture partners in the development of an integrated refinery and petrochemicals complex in Rabigh. An...
Orica and its joint venture partner Exxon Mobil Corp. have agreed to sell Qenos, Australia's only maker of polyethylene, to state-owned China National Chemical Corp. (ChemChina) for an un...
Purnendu Chatterjee and the Bengal government seem poised to arrive at a solution regarding the sale of stake to Indian Oil Corp (IOC). Chances of negotiations have brightened between the...
Dubai Poly Film Company, A UAE-based company plans to buy 40% stake in Oman's Al Khaleej Polypropylene Products (AKPP) Co. The company has received a preliminary approval from the Capital...
Oil futures crept up as the market recovered from the previous day's fall of over one dollar. Light, sweet crude for December delivery rose to US$60.80 a barrel in electronic trading on ...
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...
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