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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
Iran's Marun and Pars petrochemical projects, currently at pre-commissioning stages, are scheduled to go on stream by March 2006. The Pars Petrochemical Complex in Assaluyeh is to provide...
As processors and buyers seek better prices through private transactions, London Metal Exchange recorded a drop in plastics trading for the third consecutive month. The LME handled 817 fu...
China's first Plastics Exchange, at an investment outlay of 2 billion yuan (US$247 million), is to be housed in Guangzhou. Guangdong Plastics Exchange (GPE) will start operation in Guangz...
As relief efforts after Hurricane Katrina gain momentum, crude oil prices continue to remain at levels above US$64 on news that four damaged oil refineries will remain shut for months. La...
Basell has acquired ownership of the 50% share of Argentina's Petroken Petroquimica Ensenada, formerly held by its partner in the joint venture, Repsol YPF. Petroken operates a 180,000 tp...
A statement by the U.S. Department of Energy that energy costs in the United States for the upcoming winter would be the highest in 10 years, has pushed crude oil prices above US$65 a bar...
Russian petrochem maker, Salavatnefteorgsintez (Bashkortostan) has attracted a loan facility to the value of US$20 million from the International Moscow Bank. The funds will be used to re...
Basell has sold its 50% stake to Repsol YPF, in the 160,000 tpa polypropylene plant in Tarragona, Spain. This plant is currently operated by Transformadora De Propileno A.I.E., jointly ow...
No immediate reports of casualties or damage have been reported in the wake of the earthquake that rattled Taiwan on Tuesday, measuring 6.1 on the Richter scale. The epicentre of the quak...
Kazakhstan has the advantage of great volumes of gas available at potentially attractive prices. The Government of Kazakhstan, in pursuit of revival of the petrochem industry, is in the p...
Approval has been granted by the Security Council of the Republic of Tatarstan and the Board of Directors of OAO Tatneft for a new oil refining and petrochemical complex in Nizhnekamsk, R...
Gas Authority of India Ltd. (GAIL) has signed a memorandum of understanding(MoU) with Shaanxi Huashan Chemical Industry Group for setting up a coal gassification-based petrochemical plant...
Plants in the Louisiana region account for about 20% of all North American ethylene production, 25% of all polyethylene production, 20% of benzene output and 35% of styrene output. Katrin...
AMEC, the international project management and services company has been awarded long-term asset support contracts totaling £100 million, by Innovene and Huntsman Petrochemicals. Inn...
BASF has awarded a contract to Linde AG for plant upgradation to increase annual capacity of its plant in Antwerp by 30% to 1,080,000 tons of ethylene and 650,000 tons of propylene. The e...
Thai petrochemical producer Indorama Polymers PCL's, U.S. unit Starpet USA does not seem likely to experience any major production disruption as a result of Hurricane Katrina. Although th...
The sole petrochemicals plant in Kyushu, Japan's third largest main island, Showa Denko K.K. seems to be normal after Typhoon Nabi. The 565,000 tpa naphtha cracker at the Oita plant in K...
Finding the request by the Association of Petrochemical Manufacturers of the Philippines (APMP) reasonable, the Trade and Industry Secretary has agreed to review the decision of petrochem...
Oil prices fell for the second consecutive day as IPE Brent for October delivery plunged to US$62.89 a barrel, while Nymex October traded at US$64.37. Oil prices continued their downward ...
Mexican government has given the nod for the long awaited Fénix petrochemicals project, to help boost domestic polyethylene and polypropylene production. However, approval has been grante...
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