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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
China's Zhejiang Hualian Sanxin (Sunshine) Petrochemical Co. Ltd. has scheduled the start up of its second 600,000 mta purified terephthalic acid (PTA) plant in the first quarter of 2007....
China's petrochemical industry, abundant with a large number of small plants for various products, is plagued with problems of competitiveness in a global scenario. Cracker capacities...
China's petrochem industry has seen tremendous growth, triggered by a booming economy. However, the Chinese economy is facing its share of problems. The gap between the urban and the rura...
Degussa is to launch pilot production this year of a low cost polycarbonate film. Degussa's Plexiglas unit has developed a cover layer of appropriate thickness with high quality optical ...
Oil prices rose on strength in petrol. Petrol traditionally takes the energy market spotlight in springtime, as suppliers prepare for the US summer driving season. However, this rise was ...
Dow Chemical Co. currently operates 5 business centers and 10 manufacturing sites in China. The company's revenue in China, Hong Kong and Taiwan amounted to US$2.2 billion in 2004. China ...
Bayer MaterialScience has projected global polycarbonate growth at 8-10% pa for the next few years. With this projected growth Bayer has plans for further capacity increases. In response ...
Technip has signed a Letter of Intent with Saudi Basic Industries Corporation (SABIC) for the construction of ethylene and propylene plants at the Yansab complex in Saudi Arabia. The cont...
Mitsubishi Chemical Corp. has shut two naphtha crackers for approx 5 weeks, in both eastern and western Japan for regular maintenance. Mitsubishi operates three crackers in Japan with com...
DuPont has opened its first packaging and industrial polymers ethylene copolymer facility in Asia Pacific. The company's Packaging & Industrial Polymers (P&IP) division will now produce B...
Qatar Petroleum and Exxon Mobil have signed an MOU for the construction of the biggest ethane-based cracker of its kind in the world. The 1.6-mil mta ethylene cracker is to be built at Ra...
State-run Kuwait National Petroleum Co (KNPC) has signed a US$ 400 million deal with South Korean Hyundai Engineering to upgrade a liquefied natural gas plant in Kuwait. The project will ...
The 43% held by the West Bengal Government can now be transferred in favour of Purnendu Chatterjee, if he agrees to the conditions specified by the former. In this case, TCG would then h...
The takeover of Basell Polyolefins by the Purnendu Chatterjee led consortium is beginning to have an impact on the company's Indian operations. Basell currently employs a manpower of aro...
Assuarances from OPEC on Sunday that the supplies are exceeding 30 million bpd, a 25 year high, against an official ceiling of 27.5 million bpd, triggered a slump in the market. Oil price...
Reliance Industries Ltd. plans to raise capacity of its Jamnagar oil refinery to 60 million tpa by 2009, at an approximate investment outlay of Rs 15,000 crore. The expansion is being p...
Natural abundance in feedstock has made the Middle Eastern region the emerging leader in the global petrochemical scenario. Despite the present progress and prosperity of the Middle East ...
The London Metal Exchange (LME), which has traded only metals since it opened in 1877, moved a step closer to the May 27 launch of plastics futures, as it listed the brands and warehous...
US crude oil stand at US$47.80, the weakest level since mid-February, and Brent crude prices fell to US$47.81 a barrel. Oil prices dipped to a three-month low on news that US inventory le...
A Purnendu Chatterjee led consortium won the race for Basell last week for US$5.7 billion. Chatterjee has been in Mumbai to hold talks with banks and financial institutions (FIs) which c...
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