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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
BASF AG plans to sell its polystyrene (PS) business in the United States and Canada to British-based chemical company INEOS, for an undisclosed amount. The sale, to INEOS' North American ...
Indian Oil Corporation (IOC) has increased the investment in its planned refinery at Paradip from Rs 11,000 crore to Rs 19,000 crore to provide resources for a petrochemicals complex with...
Sterling Chemicals, Inc. had earlier declared force majeure under its contracts related to it's acrylonitrile businesses due to unavailability of propylene, and had shut down its acryloni...
India, which has been eager to make its mark in the global economic scenario through its fast growth rate and highly successful entrepreneurial class, has made its mark in the internation...
Oil prices have once again climbed above US$50 a barrel. Light, sweet crude for June delivery rose to US$50.13 a barrel on the New York Mercantile Exchange, This rise is despite rising U...
US opposition to Iran's NPC acquisition of Basell at 4.4 billion euros ($5.7 billion) has once again put the Purnendu Chatterjee-led group into the drivers seat. Investors led by Chatterj...
The Assam gas cracker project, proposed to come up at Lepetkata in Dibrugarh district, proposes to use both natural gas and naphtha as raw material. The plant is expected to have a of 1.1...
Oman Oil Company S.A.O.C. (OOC) plans to construct a US$956 million grass-root Aromatics Complex at Sohar Industrial Port Area. Capacities at the complex will include a 800,000 tpa parax...
BASF is increasing its production capacity for copolymers of vinyl chloride to 12,000 tpa at its Ludwigshafen, Germany, site by investing € 6 million to meet the increasing demand for spe...
Samsung Total Petrochemicals Company Ltd. has selected Basell's Spherizone technology for a new 250 KT pa polypropylene plant which it plans to build at Daesan, Korea, with start up plann...
Bayer MaterialScience and PTS Plastic Technologie Service Marketing & Sales GmbH have signed a cooperation agreement to jointly develop and market new thermoplastic elastomer compounds, u...
With the aim to reduce the equity ratio and increase earnings per share, the Board of Executive Directors of BASF plans to buy back shares for a further €1.5 billion in the course of 200...
Borden Chemicals, leading supplier of thermoset and other high performance resins, adhesives and specialty materials has acquired Bakelite AG from its parent company, Rütgers. The acquisi...
Reliance and IPCL have announced following reductions in polymer prices: PP prices have have gone down by Rs 1.50/kg HDPE prices have fallen by Rs 2.50/kg LDPE prices have have seen ...
Could Iranian National Petrochemical Company (NPC)'s planned purchase of Basell; world's top polypropylene producer, be getting more difficult due to strong U.S. opposition? NPC seems th...
Oman Polypropylene LLC (OPP)'s plant is expected to come on stream in the Q3 2006 to produce 340,000 metric tpa of polypropylene. With this, OPP will join the growing list of petrochemic...
Gail (India) Ltd has reported a 15% jump in turnover for the financial year ended March 31, 2005. The company has posted a robust growth in turnover due to the increase in sales of natura...
Riding on high refining margins, Reliance Industries has posted a 62% increase in net profit to Rs 2,292 crore for the quarter ended March 31, 2005, with a 30% rise in turnover to Rs 19,8...
Oil prices have dropped to levels last seen in February, falling to US$49 a barrel on Monday. This drop follows Friday slide, when oil prices closed below US$50 a barrel, a psychological ...
World oil prices slid yesterday, closing below $50 a barrel for the 1st time in more than two months in New York. New York's main contract, light sweet crude, fell $2.05 to $49 a barrel i...
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