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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
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...
Mexico's government expects to complete the merger of the 7 petrochemical subsidiaries Pemex Petroquímica (PPQ) by the end of this year. PPQ is the petrochem arm of state oil company Peme...
Despite runaway oil and feedstock prices eroding profits in the past quarter, Nova Chemicals Corp. envisages a recovery. As hurricanes Katrina and Rita wreak havoc on the petrochemical i...
The eighth International Conference on TPEs, held in Berlin 14-15 September 2005, was very well attended with delegates from 21 countries covering all global regions. Papers were presente...
Thai Olefins PCL , Thailand's second largest olefin maker, it expects its product spread to fall this year due to rising raw material costs. Though revenues this year would be 30-33 billi...
Triggered by limited supply, the cyclical uptrend of the global petrochemical market is expected to last two years beyond 2007 as projected earlier. The downturn is expected to commence w...
More than one million people were under evacuation orders yesterday as Hurricane Rita bore down on the central Texas coast- the heart of the US oil industry, threatening to make land and ...
LG Dow Polycarbonate, the 50-50 Korean/U.S. joint venture has announced its plans to build a second polycarbonate train with a nameplate capacity of 65,000 tpa. The unit should be onstrea...
Russia's Stavrolen will also use Dow's proprietary Unipol Unippac Advanced Process Control package. Dow Chemical Co. subsidiary Union Carbide and the Russian company Lukoil-Neftekhim hav...
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