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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
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...
Sumitomo Chemical and Saudi Aramco agreed in May 2004 to evenly split an initial investment of the US$4.3 billion in the project, under which they will acquire a large Red Sea refinery an...
German polymer producers had a robust year in 2004, in terms of output volume and value. Polymer output stood at a record 17 million tons in 2004 in Germany- a rise in output by 4.2% and ...
The UPA Government completes one year on May 21, 2005. During this period, the Government has taken several important initiatives. The National Policy on Petrochemicals was declared a thr...
Nove Chemicals International S.A. has entered into a license agreement with Westlake Petrochemicals LP for NOVACAT(TM) polyethylene catalysts. Westlake Petrochemicals will use the catalys...
Zhejiang province is a key producer of chemical fibers, plastics and other petrochemicals in China. However, the province lacks in the area of ethylene production. In September 2004, the ...
Indian petrochem producers, RIL, IPCL, Haldia have announced downward revisions for all the polymers, effective 12th May 2005. Price of all grades of HDPE, LDPE & PVC have been reduced...
Japan's Chisso Corporation is targeting Europe as the next location for its Funcster long glass fibre reinforced polypropylene. The European manufacturing unit will follow the US unit"wit...
Indian Oil Corporation (IOC) has recently reconfigured its project at Paradip from a refinery to a petrochemical complex, and announced a capacity increase up to 15 million tons from ori...
The largest Sino-foreign joint venture in China, CNOOC and Shell Petrochemicals Company Limited (CSPC) is constructing a world-scale petrochemicals complex in Guangdong Province. It will ...
Growth of Asian economies in general, and in India in particular, has opened up tremendous opportunities for manufacturing & service sector in India to reach out to the global market. By ...
Although inventories rose by a surprising 2.7 million barrels and were 30.3 million barrels higher than the levels of the past year, high fuel prices are slowing oil demand growth in key ...
The Kerala State Industrial Development Corporation (KSIDC) is expected to showcase Gail's Kochi Petrochemical project to a visiting high level delegation from Qatar. Will this presenta...
A Letter of Intent (LOI) was signed today by the Saudi Basic Industries Corporation (SABIC) with the Italian company Technip for the engineering, procurement and construction of an ethyle...
Reliance Industries Ltd (RIL), India's largest private sector company is among the four bidders shortlisted for the British chemical major ICI's Pakistani business. In this venture RIL is...
The advancing demand for oil in China, Europe and the US was less than expected for the quarter according to the International Energy Agency (IEA). China's demand for oil that was an ...
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