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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
9 ethylene installations with a total capacity of 600,000 tons went into operation on June 28 at BASF-YPC Company Limited, jointly financed by the Yangtze Petrochemical and BASF of German...
The single largest investment within the BOPP film industry worldwide has now been finalized: Merely 26 months after the Chinese Shuangliang Group based in Jiangyin (Jiangsu Province, nea...
The IMG Group has acquired from Inversiones Hemisferio (Grupo Planeta), 3% of the capital of La Seda de Barcelona. This acquisition reinforces IMG's position as the main shareholder of ...
Sasol is considering plans for the disposal of its Olefins and Surfactants (O&S) business excluding its co-monomers activities in South Africa. The O&S business is only partially integrat...
BASF AG and Royal Dutch Shell PLC have completed a 4.4 billion euros (US$5.32 billion) deal to sell their polymer JV Basell to Nell Acquisition, an affiliate of privately held Access Indu...
News of the death of Saudi Arabia's King Fahd along with fears of refinery problems in a tight market have pushed world oil prices over US$ 62. The price of New York's benchmark light swe...
The Nigerian public is being offered 49% of the shares in Eleme Petrochemical Company, while 51% of the government's equity is expected to be sold to core investors. Transnational Corpor...
A study conducted in Thailand suggested the petrochemical industry make use of the natural gas produced from the Gulf of Thailand. Indigenous natural gas-based petrochemical complex would...
Matters between the West Bengal Government and Purnendu Chatterjee seem to have reached a stalemate as the Government has rejected Chatterjee’s attempt for a leveraged buyout of Haldia Pe...
Gasoline and crude oil prices rose to their highest level in over two weeks after an explosion at BP Plc's Texas City refinery, the company's largest, capable of processing 460,000 bpd o...
Iran’s Arvand Petrochemical Company has awarded the EEPC contract for its ethylene oxide/ethylene glycol (EO/EG) plant to a consortium of Tecnicas Reunidas of Spain and Sazeh of Iran. The...
Sumitomo Chemicals, had signed an agreement in May 2004, to develop a petrochemical complex in Rabigh, Sandi Arabia, using ethane as feedstock, aiming to start operations in 2008. The in...
Basell’s Lupotech T technology has been selected by PTT Polyethylene Company Limited (PTTPE) a new 300 KT LDPE plant. Start up of the plant, planned to be build in Map Ta Phut in Rayong, ...
Saudi Arabia has recently announced various petrochem projects to meet rapidly growing demand, especially in China and India. The kingdom can definitely leverage its position in the globa...
An undisclosed foreign investor has acquired 60% stake of Metro Alliance Holdings & Equities Corp in a new company. This new company will take over its polyethylene plant located in the m...
Record rainfall of 944mm on Tuesday, in less than 24 hours, has flooded Mumbai- India's financial capital and brought normal life and business to a standstill. A 2 day state holiday was d...
Reliance Industries' Patalganga plant has downed its shutters at its Patalganga complex due to heavy rains leading to flooding of a nearby river. The Patalganga complex has integrated fac...
SABIC affiliate, Eastern Petrochemical Company (SHARQ), has planned expansion projects to add 2.8m metric tpa to SABIC's production and further enhance SHARQ's position as the world's lar...
ONGC is expected to place orders for equipment for the Rs 900 crore methane (C2) - propane (C3) project at Dahej SEZ in Gujarat. The C2-C3 plant will produce feedstock for the proposed Rs...
A full subsidiary of state-owned Nigerian National Petroleum Corp., Eleme Petrochemicals commenced operations in 1995. It's the largest olefin-based plant in Africa, and has enough capaci...
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