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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
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...
A consortium led by Thai oil and gas conglomerate PTT PCL has agreed to buy a 61.5% stake in TPI as part of a court-approved rehabilitation plan. PTT is keen to buy a majority stake in de...
Rohm and Haas Co. has joined Dow Chemical Co. and DuPont Co. in announcing price hikes to offset the soaring costs of feedstock and fuels, post-Katrina. Propylene prices are expected to s...
Zimmer AG, Frankfurt am Main has successfully commissioned a polyester polycondensation plant in Jiangsu Province, China. The plant, with a production capacity of 230,000 tpa of polyester...
OPEC will pump in an extra 2 million bpd into oil markets for a period of three months starting from October 1, if there is demand for the crude. OPEC is of the opinion that a lack of ref...
Wellman Inc's Pearl River plant in Mississippi is expected to resume PET (polyethylene terephthalate) production in November. However, the plant is to operate at less then full capacity u...
The petrochemical unit of U.K. oil giant BP PLC (BP). Innovene Inc. has filed an initial public offering (IPO) to sell up to US$1 billion in common stock. No details about the number of ...
The Philippines may end up paying only 50% of the estimated $5 million compensation to Singapore on the petrochemical issue as records indicate that over 50% of the petrochemical import...
Indian oil and petrochemical major Reliance Industries Ltd., is considering acquisitions in Europe and the United States and a possible listing in New York or London. Reliance could buy i...
SABIC affiliate, Eastern Petrochemical Company (SHARQ), has awarded acontract to Korean Samsung Engineering Company for the engineering, supply and construction of an Ethylene Glycol (EG)...
Poor financial results have impelled Lyondell Chemical Company to indefinitely suspend production at its 300 million pound pa. toluene diisocyanate (TDI) plant in Lake Charles, Louisian...
Reliance Industries will shut down major units of its Jamnagar refinery and petrochemicals complex for two months between October and December for planned maintenance. Reliance Industries...
Petrochemicals are being transported by rail instead of conventional transport in USA's Southeast sector post-Katrina. Delays of sending petrochemical products by rail along the USG and S...
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