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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
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...
DuPont Packaging & Industrial Polymers (P&IP) has announced price increases and surcharges for its ethylene copolymer product line, ranging from 7-12 cents per pound, and will take effect...
Bangkok Bank, the largest creditor to TPI, remains confident that the TPI restructuring would be completed by the end of the year and that no further amendments would likely be needed, an...
Indian Oil Corporations' Paradip refinery cum petrochemicals project proposal could finally see the light of the day. IOC has prepared a detailed feasibility report (DFR) on the project, ...
Crude oil futures recorded the biggest one-day price jump ever of US$4, a 6.9% jump, as Tropical Storm Rita gained strength off the Bahamas and could hit U.S. oil facilities in the Gulf o...
In September 2003, the Chinese Ministry of Commerce imposed anti-dumping duty on the import of PVC from USA, South Korea, Japan, Russia and Taiwan Province. This led to the rapid growth o...
China's National Petroleum Corporation (CNPC) plans to allocate US$ 12.4 billion for 15 000 km up-county pipeline laying. The investment program envisages construction of 8000 km of gas p...
Keltic Petrochemicals field work for its Environmental Assessment (EA), to cost more than $2 million, is nearing completion. Keltic's integrated project consists of a world-class US$4.5 b...
DRAFT ORDER dated 13 September 2005 Environment (Protection) Act.1986 No. Plastic.2005/CR-38/T.C.III --- The Following draft of order which Government of Maharashtra Proposes to issu...
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