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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
Lanxess, Germany's fourth biggest chemical maker, is to reduce a total of 960 jobs within three years at its styrenic resins and fine chemicals business units. It is doing so as an attemp...
Thai Olefins PCL (TOC.TH) is planning to start the construction of a second ethylene oxide-ethylene terephthalate (EOET) plant next year with a view to completing it by 2008. It plans to ...
Trading giant Itochu Corp. will be the first Japanese company to invest in Iran since 1989, as it mulls signing corporate alliance pacts with the Siam Cement Public Co. group and Thailand...
Oil prices today are almost 36% higher than a year ago. Although crude oil supplies jumped by1.5 million barrels to about 333.8 million last week as per a report, there has been little c...
As part of its growth plans, Jindal Poly Films (of the Rs 1500-crore B C Jindal group) has identified the coated films segment as its growth engine. Aiming to benefit from the booming org...
A US$300 million license, technology and core equipment supply agreement was signed yesterday by The Liwa Petrochemical Company and Uhde GMBH of Germany. The pact was signed for a 300,000...
Overnight in New York floor trade, crude prices have further surged US$2.63 to close at US$54.60 per barrel. Crude futures hovered above the US$54 per barrel mark in Asia today, as strong...
Selenis announced the production shut down of part of the PET production lines of its Plant in S. Giorgio di Nogaro, Italy (formerly Aussapol). "This shut down was planned for maintenance...
Sinopec Corp or China Petroleum & Chemical Corp., China's second largest oil producer and the largest refiner has cut its ex-refinery price for naphtha by CNY450 a metric ton to CNY4130/t...
China International Trust & Investment Corp., the government's overseas investment arm, is in talks to buy 75% stake in Thai Petrochemical Industry Pcl, challenging a Thai government take...
China led global growth in chemicals demand in the past two years, raising the price of oil and prompting buyers to stockpile in case of a shortage. Capacity expansions at refiners like C...
Reliance and IPCL have announced the following downward price revisions wef June 1st, 2005: PVC prices are lower by Rs 4/kg basic PP prices are lower by Rs.5/kg on basic HDPE price...
India has great potential for 4-5 mega petrochemical complexes and can be a supplier to the entire South Asian region. Considering the domestic and international demand, petrochemicals ha...
Fluor Corporation has been selected to provide front-end engineering, design and project management consultancy services to the US$3.5 billion petrochemical complex underway n Saudi Arab...
In 2004, oil and petrochemical imports in China accounted for about 60% of consumption, indicating an increasing shortage of refined products on the mainland. Triggered by the rising supp...
At present, Philippines is the only major Asean country still without a naphtha cracker. A naphtha cracker planned by JG Summit Petrochemical Corporation (JGSPC) is scheduled to be on str...
Jindal Poly Films Ltd, part of the Rs 1500-crore B C Jindal group manufacturing flexible packaging films, is coming out with a follow-on public issue aggregating up to Rs 300 crore to fun...
Crude oil prices have drifted higher on the global markets for the sixth straight trading session and have settled near US$52 per barrel. Trading was resumed on Tuesday after a long holid...
State Bank of India has agreed to raise US$300 million foreign currency loans for Haldia Petrochemicals Limited (HPL), for investment in Basell Polyolefins. The money is to be raised thr...
State-owned Indian Oil Corp (IOC) has a vision to grow from US$35 billion (Rs 150,667 crore) in 2004-05 to US$60 billion (Rs 270,000 crore) by 2011-12 through diversification in petrochem...
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