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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
As Hurricane Wilma hit the shores of Florida, avoiding already flattened Gulf of Mexico oil producing and refining facilities, crude oil prices slipped below US$60 a barrel. Light, sweet...
Abu Dhabi based petrochemical maker Borouge, - a joint-venture between Denmark-based petrochemicals group Borealis and Abu Dhabi National Oil Company, will more than triple its production...
South Korea's Honam Petrochemical Corp., a unit of South Korea's retail giant Lotte Group, plans to invest 200 billion won (US$188.7 million) over the next three years to build a polycarb...
The Authority of Aden Free Zone plans to announce bids for investment projects in the Aden Free Zone shortly. The projects involve an air cargo village to be located at Aden International...
Russia in considering investing in a petrochemical plant in Portugal. The two countries have discussed the construction of a petrochemical project in Portugal that could be implemented wi...
Crude oil prices slipped on expectation that Hurricane Wilma will miss oil facilities in the Gulf of Mexico, as it accelerated toward Florida. After moving slowly through the Caribbean an...
In an efforts to boost petrochemical production, Nippon Oil has teamed up with Mitsubishi Gas Chemical for a JV project in the paraxylene business. Nippon Oil plans to increase its annual...
Abundant and competitively priced gas in the Gulf region coupled with the availability of long-term finance seeking investment opportunities, have triggered the robust growth of the petro...
SABIC's affiliated Company; Arabian Industrial Fibers Company (IBN RUSHD) plans to meet the growing local and global demand especially from the packaging products industry. IBN RUSHD plan...
Affiliates of Iran's National Petrochemical Co., Lorestan Petrochemical Co and Mahabad Petrochemical Co have selected Basell's Spherilene technology for a new linear low density polyethyl...
million tons in 2008. By 2010, the GCC will account for 20% of global ethylene capacity, while the US share will fall to 24%. Petrochemicals are the third most important source of grow...
Saudi Arabia's emerging strength as a global petrochem hub will arise from increased capital investment in hydrocarbon sub-sectors to US$94.4 billion in the period from 2004-2009. Saudi ...
Hydrocarbon major Indian Oil Corporation (IOC) plans to raise its turnover from US$35 bln to US$60 bln by 2011-12. This increase in turnover will mostly be fuelled by forward integration ...
Demand for petrochemicals is projected to grow at a pace of about 5% in the period from 2005-2015 in Philippines, unlike the slowing demand in the petroleum industry. Prices are also bett...
As supplies rise, demand growth is slowing and Hurricane Wilma has missed the key oil and natural-gas facilities in the Gulf of Mexico, oil prices have begun sliding. Light sweet crude o...
The Malaysian government has completed its investigation and confirmed that the dumping of polyethylene terephthalate (PET) from Chinese Taipei, Indonesia, Korea and Thailand had material...
Westlake Chemical Corp has restarted its olefins petrochemical complex in Lake Charles, Louisiana. The plant follows an orderly shut down in anticipation of Hurricane Rita. The downstre...
China's top oil and gas firm, PetroChina, is raising the capacity of its naphtha cracker being built in Lanzhou by 25% to 450,000 tpa. This capacity increase will make the plant more cos...
China's Sinopec Co., Ltd. and Japan's Mitsui Chemical Co., Ltd. Will build a 120,000-ton bisphenol A (BPA) project, the largest in China, in the Shanghai Chemical Industry Zone. The proje...
Sinopec, Asia's largest refiner, is working towards management of its scant cash flow as refining margins continue to deteriorate. In early September Sinopec cut its 2005 full-year capita...
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