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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
In 2003, LG Chem with Honam Petrochemical Corp. jointly acquired the cash-strapped Hyundai Petrochemical, South Korea's No.2 ethylene maker at the time. This deal was estimated at US$1.49...
Nymex heating oil futures gained, settling at US$1.6066 a gallon, up 2.47 cents. This rally in heating oil futures pushed oil prices up, as light sweet crude for September delivery climbe...
A concrete proposal, drafted in a way that addresses the government's concerns, has been faxed to Writers' Buildings six days before the July 31 deadline. This is a sign of Chatterjee's r...
The Spheripol process commercialized in 1982 is to be used by the Polibrasil and Titan Petrochemicals in order to increase polypropylene production by about 310 KT annually in their exist...
Engineering major Larsen and Toubro (L&T) is considering a planned co-operation with State-owned aircraft manufacturer Hindustan Aeronautics Ltd (HAL) to establish a separate facility for...
BPCL is planning to produce a range of petrochemical feedstock through its subsidiary, Bharat Oman Refineries Ltd (BORL), at Bina in Madhya Pradesh. This refinery is scheduled to be compl...
SABIC, has signed a Letter of Intent with Aker Kvaerner and China Petrochemical Corporation (SINOPEC) Joint Venture for the engineering, procurement and construction of its world-scale Po...
CPC is likely to give up a major portion of its 43% stake to investors in a refinery and petrochemical complex in southwest Taiwan project if it fails to secure funds from the government ...
Rising global oil price have triggered a price rise in feedstocks as well as petrochemicals in the domestic market in Vietnam, increased the input costs of producers. Volatile prices of ...
Thailand plans to restructure customs tariffs for the steel and petrochemical industries in 2007, covering a total of 5,505 items. As these two sectors are the last industrial groups to b...
The Export-Import Bank (Ex-Im Bank) of USA has financed a number of projects to develop Qatar's oil and gas sector. The Ex-Im Bank has now approved a US$263mn (QR950) loan guarantee to su...
As domestic demand for petrochemical products sustains a rapid growth since the beginning of 2005, the petrochemical industry in China seems poised to continue with its steady and robust ...
Saudi petrochemicals group SABIC has signed a letter of intent with Norway's Aker Kvaerner and China Petroleum Corporation (SINOPEC) to build a polyolefins complex at the Red Sea site of ...
The Rs 21,000 crore ONGC investment in LNG, power and petrochemicals projects at Mangalore, under the MoU between the ONGC and Karnataka, has received the Indian Prime Minister clearance,...
SPIC Petrochemicals Ltd.(of the AC Muthiah group), since commencement of the project, has run into rough weather, and can be termed as one of India's most controversial projects of its ti...
Producer durable equipment and construction are expected to offer the best market opportunities for reinforced plastics in the US. The demand is expected to touch about US $6.7 billion in...
Qatar Chemical Company II Ltd. is planning to build an ethylene cracker in Ras Laffan, Qatar, to process ethylene into high density polyethylene and normal alpha olefin products as well a...
India's largest petrochemicals company, Reliance Industries Ltd.'s board is to consider closing its share buyback program on July 27. In December, Reliance had announced to buy back share...
Kazanorgsintez in Kazan (the Russian Federation) has warded Technip an ethylene capacity expansion project. The project encompasses not only the capacity expansion of three existing ethyl...
Four explosions that rocked London yesterday, have raised concerns about a possible slowdown in travel, have triggered oil prices to fall by US$1. This weeks US government report on petro...
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