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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 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...
Spanish-Argentine oil and gas company Repsol-YPF has completed sale of a 50% stake in Argentine chemical producer Petroken to Dutch company Basell. The US$58 mln deal between Repsol-YPF a...
Louisiana is among the top three chemical-producing states in USA. Petrochemical companies employ 10,600 workers in the Baton Rouge; 5,000 in New Orleans. Petrochemical jobs are among the...
The Union ministry of chemicals and fertiliser has identified Dahej, Haldia and Vizag as the proposed spots for chemical hubs in the country. A proposal to expand Haldia Petrochemicals Li...
The Dow Chemical Company has declared force majeure regarding its inability to supply certain grades of polypropylene (PP) produced at St. Charles Operations in Hahnville, Lousiana. 30 pr...
As the US oil industry struggles to recover from Hurricane Katrina, industrialized nations plan to release 60 million barrels of crude from strategic stockpiles to USA. Oil prices dropped...
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