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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
Indorama Polymers (IRP) is Thailand's leading PET producer with a 45% domestic market share. IRP is expected to become the seventh largest player in the global market as global PET demand...
Saudi Arabia's petrochemical giant Saudi Basic Industries Corporation (SABIC) plans to increase its production from 43 million tons to 64 million tons within the next 3 years to become th...
Huge losses have compelled Houston based Sterling Chemicals Inc. to call it a day at its acrylonitrile business and related derivative operations. The businesses have been shut down since...
Following the PMO's intervention, the Assam gas cracker seems to be back on course. The finance ministry has been asked to take a fresh look at the proposal for the Assam gas-cracker proj...
Prachai Leophairatana, founder of Thai Petrochemical Industry Plc, holding 25% in TPI, won a court ruling to stop changes to the company's board rules. Under the court ruling, changes to ...
Kanebo, a household products maker in Japan, under its rehabilitation program under the state-run Industrial Revitalization Corp. of Japan, plans to sell Osaka-based Kanebo Gohsen Ltd. to...
As OPEC assured an increase in output once again, oil prices fell to US$63. This is a drop of almost US$2, as OPEC gears up to pump more crude into a market that is showing signs of globa...
The US Trade and Development Agency (USTDA) has awarded a US$570,000 grant to Petron Corporation to partially fund a feasibility study for the development of a benzene-toluene-xylene (BTX...
ONGC is likely to be roped in by Southern Petrochemical Industries Corporation (SPIC) as a strategic partner for its troubled petrochemical venture. SPIC floated SPIC Petrochemicals in 19...
Liaoning Province has announced a positive policy which could help the region attract more foreign investment. International investors may take full control of almost all State-owned ent...
The original 3 potential partners of Mexico's state oil company Pemex have been joined by another ten interested companies. These companies have shown interest in the downsized US$840mn v...
A downward revision of estimated global oil demand by OPEC has caused oil prices to drop. OPEC has cut its estimate for global oil demand for the fifth time in a row this year, as economi...
JBF Industries Ltd has arrived at a decision to enter into a joint venture agreement with Ras Al Khaimah Investment Authority to set up a PET manufacturing project. The project will be se...
Korea's leading industrial plant builder Samsung Engineering Co. has been awarded a US$350 million plant construction deal by Sharq. Samsung is to build the world's largest ethylene gly...
Reliance and IPCL have announced an upward price revison, effective 12 Sept 2005, as follows: PVC, LDPE, LLDPE film grade prices have increased by Rs 2 per kg on basic HDPE prices are...
In a bid to convert Maharashtra into a plastic bag free zone, the state government has issued a draft notification in this regard. The draft, published by a special gazette order, has set...
Borealis is the leading supplier of advanced materials to the power cable industry. A E42m investment in cross linkable polyethylene (XLPE) business at Stenungsund in Sweden is being pla...
Spurred by robust petrochem demand, Malaysian petrochemical producer Titan Chemicals Corp Bhd does not expect its business prospects to be dampened by high oil prices. Although oil-rela...
German company Linde has been awarded a US$140 million contract by PetroChina International for China's largest ethylene plant in Dushanzi, in the autonomous region of Xinjiang in north-w...
Russian oil major Lukoil has postponed the restart of its Ukrainian petrochemical facility for atleast a month. This decision has been taken as the growing prices crude oil has rendered t...
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