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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
Braskem, leader in the thermoplastics in Latin America and one of the largest Brazilian privately-owned industrial companies has recorded a growth in Q2 2005 Net Income to R$ 428 Million...
Basell has signed two license agreements, one with Polibrasil and the other with Titan Petchem to increase polypropylene production at their existing plants using the Spheripol process. ...
The digital automation of the US$2.7 billion SECCO petrochemical complex in China has been completed by Emerson's Process Management unit, three months ahead of schedule. Emerson has comp...
USA has shut all its missions in Saudi Arabia in response to fears of an attack, sending oil prices sky rocketing to new highs. Saudi Arabia, pumping 10m bpd of crude is the world's large...
New guidelines curbing the permissible levels of benzene and other hydrocarbons in the fibre reinforced plastics (FRP) industry have been launched by the Department for Environment Food a...
Trans-national Corporation of Nigeria Plc( Transcorp) has bid for the majority stake in Eleme Petrochemicals in a bid by Dangote Industries, along with others. Many believe that Eleme Pet...
The plastics industry in New Zealand has grown on an average by 8% pa. Plastics products currently constitute about 15% of the industry's output by value, components 30% and packaging 55...
18 memorandums of understanding (MOUs) have been signed earlier this year between Brazil and Venezuela, ranging from petrochemicals to bio-diesels. Brazil will partner PDVSA most all its ...
In 2003-2004, BASF streamlined its polystyrene product range, reducing it from 400 types to only 10 in order to utilize the advantages of very efficiently structured production and fast l...
The Gharb Ethylene Project, constructed in the western province of Kurdestan is to be partly funded by euro 218 million agreement signed between the National Petrochemical Industries Comp...
Brazil's Braskem currently has three plants in the country and produces around 5.8 million tons of thermoplastic resin. Thermoplastic resin sales H1-2005 were up by 7% vis a vis the same ...
The Rs 25,000-crore project of Oil and Natural Gas Corporation (ONGC) proposed to be set up in Mangalore seems to have halted in its tracks. India's Petroleum Minister has once again rais...
The petroleum and petrochemical sectors in Egypt will continue to prove attractive to foreign investors. This was apparent in the overwhelming response to the IPO of Sidi Krir. New invest...
The weekend saw crude oil prices rise to a new high of US$62 on concerns about refinery snags and following the release of a positive U.S. jobs report. Light, sweet crude for September de...
The Chatterjee Group (TCG), that had last week moved the CLB against allotment of shares to Indian Oil Corp. (IOC) in Haldia Petrochemicals Ltd (HPL) has suffered a setback. In its petiti...
Results of Q2-2005 petrochemical production and inventory surveys revealed a decrease of 3% in petrochem production in USA vis a vis 2004, and a 5% drop as compared with Q1-2005 productio...
Attempting to increase the crude throughput, RIL is planning to invest US$5.7 billion (Rs2.5 billion) to make its Jamnagar plant the world's largest oil refinery by doubling the plant's c...
The technical polymers business of the Celanese Corporation, Ticona, which achieved sales of about $863 million in 2004, is to concentrate its distributor sales efforts through Entec and ...
The Company Law Board has passed an order on a petition filed by the Chatterjee Group opposing the sale of 7.5% stake by the West Bengal government to Indian Oil Corporation. Haldia Petro...
Concerns about levels of gasoline supplies have pushed oil prices up once again. Oil prices gained more than a dollar on New York's main contract, light sweet crude for delivery in Septem...
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