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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
Dow Chemical Co 1st quarter earnings nearly tripled, driven by significant price increases and solid volume. The quarterly income rose to $1.35 bn from $469 mn last year. Sales jumped 25 ...
BASF Q1 profit rose by 66 %, earning $1.1 bn. Sales were up 11 %, rising to $13.02 bn. BASF's oil and gas unit was the biggest contributor to the increase in net profit, bringing in some...
Crude futures fell slightly on Friday as market responded to the news of slower U.S. economic growth and rising oil supplies. Light, sweet crude for June delivery fell 8 cents to US$51.69...
The 1st Quarter profit of Dow Chemical Co. almost tripled. Net income rose to $1.35 bn from $469 mn a year earlier. Sales increased 25 % to $11.7 bn from $9.31 bn. Profit for plastics mor...
SNOOC Petrochemical Co Ltd, a subsidiary of the China National Offshore Oil Corporation (CNOOC), will invest more than US$36.3 million in expansion and renovation of the Basuo Port in Chi...
Indian Petrochemicals Corp. Ltd. reported a 239 % jump in 4th quarter profit and is expected to have healthy growth in the year ahead driven by robust economic growth derived by increased...
The Anglo-Dutch energy giant Shell reported earnings of $5.54bn, which is more than what was forecasted by the analysts. Shooting oil prices backs this rise in the first quarter.
BASF AG is selling its PS business in the US and Canada to British-based chemical company INEOS. The deal includes its production plant in Joliet, Ill. The Joliet PS facility has a total...
European Union regulators have cleared Dow Chemical Co.'s acquisition of parts of DuPont Dow Elastomers LLC; a JV Dow has run with DuPont Co. since 1996.
BASF will start up in early 2006 a new plant for the production of its biodegradable plastic at its Schwarzheide site in Germany, thus almost doubling its capacity. The new plant will hav...
After plunging nearly 5% the previous day, oil prices continue to fall in early trade on Thursday. The price fall was triggered by unexpectedly strong US stockpiles. This has eased the fe...
Ciba Specialty Chemicals (India), a manufacturer and supplier of chemicals for industries such as textiles, petrochemicals, gas, lubricants, paper treatment and electronic materials, has ...
DuPont announced to have signed a research agreement with the National Chemical Laboratory (NCL) in Pune, India. DuPont will now have access to the talents and capabilities of one of Indi...
Oil and Natural Gas Corporation (ONGC) is expected to finalize the detailed feasibility report for the proposed petrochemicals project at the Dahej special economic zone (SEZ) in Gujarat ...
National Petrochemical PCL (NPC.TH), a Thai olefins producer, will increase its ethylene cracker capacity at a new plant - set to begin operations in 2009 - to 1 million metric tpa from 4...
US International Trade Commission (ITC) denies that PET resin from India, Indonesia and Thailand, harm US industry. As a result of the ruling, no countervailing-duty or anti-dumping-duty ...
US light crude hit US$56 a barrel, before ending at US$54.55, down 84 cents. London Brent crude was down 58 cents to US$54.39 a barrel. The fall was followed by the statements from Saudi ...
United Plastics Group, Inc. announced closure of its El Paso, Texas, molding facility effective June 30, 2005. United Plastics Group, Inc. is a leading manufacturer of high-quality, low-...
French firm Rhodia, the world's leading speciality chemicals manufacturer, yesterday announced a huge funds injection plan for the Chinese market in the next few years, which will account...
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 meet the resource requirement of a petrochemical co...
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