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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
There is a global awareness that raw materials have for some time been in short supply, leading to price volatility. Price volatility in the petrochemical industry rose to 10% in 2003 fro...
World oil prices have risen after an unexpected pull-back in US crude inventories from six-year high points. A drop of 1.6 million barrels of crude to 332.4 million in the week to May 20 ...
Sumitomo Chemical Co. is to spend about Y20 billion to boost production capacity for methyl methacrylate, or MMA. The rising demand in Asia for IT products such as LCD light-guide sheets...
Recent market research shows that the Vietnamese market will consume about 4,5 million tpa of resin, 4 million tpa of urea fertilizer and 700,000 tpa of polyester fibres by 2010. However,...
Diamant Film Inc. has introduced its plasticizer-free and polystyrene-based Diamant film. This environmentally friendly and recyclable food stretch film does not contain polyvinyl chl...
Imagine a range of translucent screw closures for mineral water, soft drinks and other bottled beverages, made of polypropylene- many of which are compliant with US regulations for food ...
Nan Ya Plastics, a part of the Formosa Plastics Group, the biggest industrial group in Taiwan, plans to cut 1,000 employees this year as part of its plan to close down unprofitable operat...
Soaring demand for propylene and ethylene has led Carmel Olefins to expand production at its Haifa plant. The expansion program is to cost about US$310 million. This Israeli company owned...
India is looking forward to turn the India-Pakistan-Iran US$4 billion gas pipeline into a reality, for which officials from India and Pakistan are to hold their first set of talks on June...
Borealis, a leading innovative provider of plastics solutions, with more than 40 years of experience in polyethylene (PE) and polypropylene (PP), has introduced Daploy™ WB260HMS, a high m...
OPEC kingpin Saudi Arabia, the world's top oil producer is ready to boost its output as long as there is international cooperation to secure market stability. The Department of Energy's ...
The West Bengal state government, which invested in the project through West Bengal industrial development corporation (WBIDC), is unlikely to continue as a shareholder in HPL. This is be...
Rising US crude stocks were the main factor behind the decline in the oil. New York's main contract, light sweet crude for delivery in July fell to US$ 48.30 a barrel. As per the weekly...
SK Engineering & Construction - a promising bidder for the PIC Aromatic project, has bagged a US$1.22 billion petrochem contract in Kuwait. This is the largest ever contract won by a Kore...
Economic expansion in Asia has been driving most of the global growth in chemical consumption. Companies like Exxon Mobil are witnessing a surge in profits from the chemical sector- Q1 ch...
All the construction work of the Novy Urengoi gas-chemical factory, wholly owned by Gazprom, stopped in 1996 due to lack of funds. The robust demand for petrochemicals in Russia has ren...
A recently completed annual review of the global ethylene market suggests that companies in the industry would have firm margins in 2006 and 2007. Nova Chemicals that was spun off from...
Containers made of plastics for beverages and food bottles in the US are forecasted to grow by 5%. Smaller sized beverage bottles will continue to fuel advances, growth will slow down fro...
GDP, which measures the value of all goods and services produced in a country, is considered the broadest barometer of an economy. The economy of U.S is projected to expand by 3.4% in 200...
With several petrochem projects nearing completion, and scheduled to come on stream soon, China's petrochemicals production capacity will see a quantum jump. China's domestic petrochemica...
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