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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
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...
Polish refiner PKN Orlen and Czech chemicals group Agrofert have been at odds over splitting Unipetrol's assets. The two companies are now trying to seek a deal on asset restructuring at ...
The government has given approval for a cluster of special economic zones (SEZs), including Reliance Industries Ltd's (RIL's) petrochemicals zone at Jamnagar, IT major Wipro's 6 SEZ proje...
Six months down the line, the Indian markets will witness the merger of IBP Co, an oil marketing company, with the Indian Oil Corporation (IOC). The proposal has already been okayed by t...
Plastic products are likely to cost 70% more than their usual prices in Tanzania due to soaring oil prices. High feedstock prices along with depreciated shillings have badly affected the ...
Haldia Petrochemicals (HPL) and the West Bengal (WB) government have sought dismissal of the Chatterjee Group's (TCG) petition in their counter affidavit filed before the Company Law Boar...
Indian Oil Corporation (IOC), with 7.5% stake in the present equity of Haldia Petrochemicals Ltd (HPL) seems keen to acquire the Bengal government's share in HPL, and not just end up as a...
Basell Polyolefin GmbH and Braskem S.A. have signed a cooperation agreement for the development of polyethylene grades using Basell's proprietary Spherilene gas-phase technology. As per t...
Oil and gasoline prices eased as the U.S. government attempted to avert a fuel shortage, but markets remained near peaks as the damage from Hurricane Katrina in the Gulf of Mexico could t...
Prachai Leophairatana has sought a review of the directive that has disqualified him from sitting on the boards of three listed companies, and has has filed a petition with securities reg...
Andhra Pradesh plans to set up two special economic zones (SEZs) at Visakhapatnam and Kakinada. Oil and Natural Gas Corporation (ONGC) will be involved in the development of the SEZ at Ka...
Brazil's Ipiranga Petroquimica S.A., one of leading producers of polyolefins in Latin America is to receive finance upto US$150 million from International Finance Corporation(IFC). IFC i...
Karnataka has decided to seek the Prime Minister's intervention to get clearance from the Petroleum Ministry's approval for its Rs 22,000 crore mega petrochemicals project proposed near M...
Indian Oil Corporation (IOC) is estimated to incur losses in Q2-2005 and its gross under recoveries will rise to Rs 7,300 crore by September 15. If the government first saves IBP Ltd, Hin...
Midland, Michigan based Dow Chemical Co., the largest U.S. chemical company, expects double digit growth in sales in China in the next few years. The rapidly growing market of China is cu...
The soft drink industry in Japan has made its first attempt to use recycled PET in labels. Coca-Cola Japan has started using labels made from 10% recycled polyethylene terephthalate (PET...
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