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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
Confident of their giant neighbour- China's ever growing demand for imported ethylene and propylene, major petrochemical makers in South Korea plan to boost ethylene capacity by 22% to 7....
Huge speculative buying, sky-high global demand and continued refinery outages in the United States, have spiked oil prices to historic peaks of US$66. However, the International Energy A...
An explosion and fire occurred in BP's Chocolate Bayou plant's Olefin 2 unit, which produces plastic feedstock, including hydrogen, ethylene and polypropylene. Parts of the plant are bein...
Oil prices are rising globally, and have already spiked to over US$65 a barrel. However, the Indian Government has refused to increase petroleum prices. If Indian Oil Corporation Ltd (IO...
Globally, economies are withstanding rising oil prices, and continue to grow. With economies still in the period of fast development, demand for petrochemicals continues to grow. The worl...
Last week saw the CLB pass an interim order restraining the government from issuing fresh shares to domestic financial institutions on the ground that this would turn TCG's holding in HPL...
Q2-2005 profits at Bayer AG, Europe's second-largest chemical maker, have almost tripled. Though sales rose by 20% to 7.05 billion euros in this period, Q2 net income jumped to E406 milli...
China's Shuangliang Group has made the single largest investment in the bi-oriented polypropylene (BOPP) film industry. The company, producing a number of different "A-grade" BOPP films h...
A record breaking rally in prices came after the Department of Energy (DoE) reported that US stockpiles of gasoline inventories fell last week. A blend of sky rocketing demand for crude, ...
With metals being substituted by engineering plastics in components of automobiles and growth of other user segment like consumer durable, office machines, telecommunication equipment etc...
The PA 6 plant built by Zimmer in 1995 at Tarnow, Poland is to be upgraded and expanded to double its production of engineering plastics and film products. The contract has been awarded t...
Demand for plastics additives is forecast to grow by 2.6% pa in USA. This translates to demand in real terms at 2.36 million tons or 5.2bn pounds in 2009. The decline in demand for plasti...
Packaging materials like soda cup lids, medical device covers and other products, have a one time use. The products are used for only brief periods, then tossed in the trash and eventuall...
To ensure food safety within the EU, a regulatory panel (European Food Safety Authority) has given approval to four chemicals that may be used by processors in packaging or in equipment t...
IOC has invested Rs 150 crore in return for a 7.5% stake in HPL. Mr. Ratan Tata has expressed his approval for IOC's entry into HPL. Since IOC is a strong oil PSU with ambitious plans in ...
Oil prices touched new highs as they spiked past US$64 in New York for the first time on Monday, and exceeded US$63 in London. However, oil prices seem to be cooling off as they settled l...
China's economy is booming and the petrochem sector seems to growing to meets ever increasing demand. To make inroads into the mainland's domestic market, the world's leading producer of ...
Many Indian companies, including Gujarat Ambuja Cements Ltd. and state-run Indian Oil Corp., have recently tapped the offshore debt market to refinance their existing borrowings. Will Rel...
Tata group chairman Mr. Ratan Tata has stepped down from the board of Haldia Petrochemicals Limited (HPL), despite HPL chairman Tarun Das' efforts to make him stay. This departure is unli...
The Aromatics Thailand Co (ATC) has brought back its aromatics complex in Map Ta Phut after a 4 day outage. A fire ccurred at a pipeline connected to the reformer,caused by a hydrogen le...
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