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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
Wednesday's US$1.64 decline settled oil prices at US$50.22 - the lowest closing price since Feb.18. Crude oil prices ebbed on Wednesday to a seven week low after a U.S. government report ...
Tecnimont, the engineering subsidiary of Edison has signed an agreemant to build a polypropylene plant in Russia's Omsk region. Tecnimont is to build the plant, a joint project expected t...
PetroChina has initiated a 600,000 tpa ethylene expansion project at its Lanzhou Petrochemical Company in northwest China, at an investment outlay of of 6.296 billion yuan ($US760.6 milli...
Oil and gas rich Qatar is keen to strengthen trade and economic ties with India, the world's third fastest growing economy. Qatar wants to boost LNG exports to India and involve Indian fi...
A plant to be built by the Mitsubishi and Royal Dutch/Shell Group JV in northern Qatar will use gas derived from a large gas field to produce light oil and naphtha, with an output estimat...
Yet another round of petrochemical price hike- the fifth since early 2004, is being considered by Japanese petrochem makers to counterbalance rising crude oil costs Japanese petrochemical...
Bayer MaterialScience is to partner German compounder PTS Plastic Technologie to develop thermoplastic elastomers. Currently, Bayer’s strength lies in thermoplastic polyurethanes (under t...
U.S.based Solvay Advanced Polymers has shortlisted Shaw Stone & Webster the contract for the front end engineering design contract for a new, world-scale sulfone polymers production unit....
Last week, Iran's National Petrochemical Company (NPC) was tipped to be among the top two bidders to purchase Royal Dutch Shell/BASF Group's joint venture -Basell. NPC and a group of Indi...
Japan's Shin-Etsu restarted its 520,000 mta PVC plant in Kashima after it was shut down on April 11. This shutdown was triggered by a stoppage in feedstock supplies by Mitsubishi. Mitsubi...
A maintenance team cleaning and repairing a pipeline in the Gulf Coast state of Veracruz triggered an explosion and gas leak, leaving 5 people missing (presumed dead) and forced authoriti...
Ministers in the Russian Government have suggested an amendment in legislation to deprive oil companies of the right to raise prices of their petrochemicals. This will ensure that oil com...
U.S. oil inventories have shown an increase for the ninth consecutive week and stand 8.7% above last years levels. The U.S. Department of Energy said that the nation's supply of crude oil...
Oil prices have falled sharply on Wednesday on expectation of rise in US crude inventories, expected increase in OPEC production and a fall in demand for oil by China New York's light ...
US oil prices fell by almost US$2 to close at US$51.86. As high oil prices start to affect global demand, oil prices are slipping lower, triggered by a warning of slowing oil demand grow...
In addition to over six dozen patents already held, Indian Petrochemicals Corporation Ltd. (IPCL) has got the US patent for its selectivated metallosilicate catalyst composite for hydroc...
As part of the Reliance group's strategy to transform into a global player and further its global ambitions, RIL plans to bid for Qenos. Qenos is a 6 year old privately held Australian p...
OPEC seems poised to raise output and Nigerian oil workers have dropped a threat to strike, thus easing worries over a possible supply crunch, triggering a slide in world oil prices. Oil ...
Shaw Stone & Webster business unit has officially turned over a 600,000 metric tpa ethylene plant for the BASF-YPC located in Nanjing in the People's Republic of China. Shaw Stone & Webst...
JG Summit Petrochemical Corp. (JGSPC) has sought extension of the duty-free importation of capital equipment to the year 2007 from the Board of Investments (BOI). The machinery for its pr...
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