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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
China's efforts in developing the western part of the country became evident as the foundation stone has been laid for a 10 million ton oil refining and one million ton ethylene project, ...
Public sector oil companies have drawn up a plan to invest Rs 63,348 crore in the downstream refining and petrochemicals businesses in the next five years. Rs 11,046 crore has been allot...
Saudi Aramco is considering integration of its petrochemicals production with the Ras Tanura refinery and Ju'aymah Industrial Area feedstock, at an estimated cost of US$6 bln. The propose...
India's largest private sector company is looking to acquire global oil firm BP's olefin and derivatives business for Rs 25,000 crore to Rs 30,000 crore. RIL is undertaking a due diligenc...
Taiwan's only publicly traded oil refiner Formosa Petrochemical Corp., could post the smallest profit growth in more than a year due to soaring crude oil prices, falling petrochemical pri...
A directive issued by the Securities and Exchange Commission has accused Prachai Leophairatana of violating securities laws and disqualified him from sitting on any listed company board. ...
A decision of the Cabinet-level Tariff and Related Matters (TRM) committee has upheld an earlier decision to lower tariffs on 11 petrochemical items to 5% from 7-10%. Since the tariff cov...
Rendering safety to be its top priority a subsidiary of Huntsman Corporation (NYSE) has temporarily closed its Port Neches, Texas PO/MTBE manufacturing facility for impromptu maintenance ...
The State-run Indian Oil Corp is planning to invest in a new petrochemicals unit at Panipat that will process 500,000 tonnes of naphtha annually. Additionally it will also build a cracker...
This year the effects of tropical storms and hurricanes have reduced more than 6 million barrels of US crude oil production. Concerns regarding a spike in prices were raised as Hurricane ...
Subjected to an agreement signed on Thursday Titan Petchem Sdn Bhd is to supply 50,000 tons of butadiene annually for five years to South Korea's Korea Kumho Petrochemical Co Ltd, if it ...
Facing huge cost in setting up the country's first naphtha cracker plant, JG Summit Petrochemical Corp (JGSPC) has stressed the need for tariff protection. While doing so it is seeking an...
Chennai Petroleum Corporation Ltd (CPCL) has announced the setting up of 150,000 tpa capacity polypropylene unit at Manali at an investment of Rs 1,156 crore. CPCL, a subsidiary of IOC, a...
The CLB had, on August 4, allowed IOC to retain the 7.5% shares issued by HPL, but said status quo be maintained till the case was decided. The Chatterjee Group (TCG) seeks a reversal of ...
At the New York Mercantile Exchange oil prices settled at US$67.32 per barrel. Led by concerns of a storm expected to affect and probably shutdown production sites in the Gulf of Mexico a...
Within 5 five years of Haldia Petrochemical's (HPL) existence, the West Bengal Government and The Chatterjee Group (TCG) are at loggerheads, due to differences over the induction of the I...
Borealis has invested 200 million euros at Schwechat in Austria, increasing production by over 30% to a million tons, making it the largest plastics site in Europe. Borealis looks set to ...
The Maharashtra government's decision to ban sale of all plastic bags in the state has raised several issues. It seems that in the post flood build up of waste mismanagement and disposal ...
Growing cotton and processing cotton consists of the following steps: Growing Cotton: Cotton is one of the most chemical intensive crops,it contaminates soil and ground water and require...
If plastics bags and packaging is replaced with traditional materials like paper, cloth, jute, metal, etc., it would lead to major penalty on the economic system. Phenomenal increase in w...
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