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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
China's first coal-to-olefin project will be built by China Shenhua Group Corp. in Baotou, in Inner Mongolia Autonomous Region, at a total investment of 11.7 billion yuan (US$1.45 bln). T...
Oil prices moved above US$ 66 a barrel on fresh market concerns that US refineries will not be able to match demand in the wake of two devastating hurricanes. In early trade, New York's m...
Power problems caused by Hurricane Rita have affected 1.5 million customers in Texas and Louisiana, home to half of the U.S. chemical production. This has disrupted 50% of US chemical pro...
Gail India has entered the Rs 250 crore Octene-based linear low density polyethylene (LLDPE) domestic market. As per a release issued to the BSE, the company aims at capturing 15-20% mar...
The 200 odd workers who spent the night inside an explosion-proof center at the Exxon Mobil Corp.'s Baytown refinery complex found that the facility apparently survived the hurricane with...
AOC Resins, Dow Europe and Laxness plant to increase resin prices for the European region. AOC will increase prices by €100 per metric ton on all products shipped from its European plan...
The union minister for petroleum, natural gas and panchayat raj Mr Mani Shankar Aiyar has finally given his approval for the Rs 25,000-crore ONGC petrochemicals complex and LNG terminal p...
Rising oil and feedstock prices have been spiking polymer prices globally. Mitsubishi Chemical, Japan's number one chemicals maker, will be increasing prices of polyethylene and polypropy...
Ten of Huntsmans' petrochem plants in Texas suspended operations on Thursday as Hurricane Rita headed for the Texas and Louisiana border. 6 of Huntsman's of these plants are expected to b...
Saudi Arabia accounts for more than 75% of the GCC's petrochem production, translating to 7% of global supplies for basic, intermediary and final petrochemical products. The region plans ...
For the second time in a month, BASF has shut few of its plants. Plants in five Texas cities had been closed pre-Rita, including two directly in the projected path of the mega-storm. Fart...
81% of 819 platforms and 69% of 134 rigs operating in the Gulf of Mexico were evacuated before the storm, representing a loss of 1.5 million bpd of crude. Many of the other US Gulf refine...
As news spread that the oil platforms in the Gulf of Mexico as well as the refineries along the coast had escaped from Hurricane Rita, oil prices fell in extraordinary trading in New York...
Bharat Petroleum Corporation Ltd (BPCL) plans to raise about 25% of the total fund requirement - Rs 1,000 crore, through an initial public offer (IPO) for its proposed Rs 9,100 crore refi...
After spiking past US$68 a barrel earlier in the day, crude oil prices slipped, as th eworld waits to see the effects of a weakened Hurricane. Oil rose by over one dollar in early trading...
The merger between National Petrochemical PCL and Thai Olefins PCL is nearing completion, and is expected to be complete by end-November after approval from shareholders of both companies...
In anticipation of Hurricane Rita, Huntsman Corporation has suspended operations at its Texas Gulf Coast facilities includes manufacturing facilities in Port Arthur, Port Neches, Conroe, ...
In view of the potentially destructive impact of Hurricane Rita, Sunoco Inc. has shut down its LaPorte and Bayport, Texas polypropylene facilities, and evacuated all its non-essential per...
As Hurricane Rita approaches Texas, the chemical plants have been shut down on Thursday and secured against spills and accidents. The plants will face about a week of down time, even if t...
Rita, the third most potent storm in U.S. history, with 150 mph winds, is taking aim at Texas, threatening about 25% of USA's refining capacity. A direct hit from Hurricane Rita could dis...
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