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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
BP PLC planned to gradually get out of the petrochemicals business about a year ago. BP chemical complex is on track to make the Lima, Ohio complex and 23 other petrochemicals operations ...
BP has announced plans to launch Innovene : a petrochemicals and fuels company at the start of April. The new company will be headquartered in Chicago and be located at 26 principal sites...
Ethylene and polyethylene production is on the decline in the Western countries. Disadvantage of feedstock availability has long plagued the Western petrochemical players. This coupled ...
After peaking in the day at US$57.12, New York's main contract, light sweet crude for delivery in April, fell to US$56.35 per barrel. In London, the price of Brent North Sea crude oil for...
Arabplast 2005, the Middle East's premier trade show for rubber plastics and plastic packaging, at the Dubai International Exhibition Centre (DIEC). commenced on March 20. The Middle...
Russian-Israeli businessmen Leonid Nevzlin, Mikhail Brudno and Vladimir Dubov are to buy a controling stake in Israel Petrochemical Enterprises. The three will buy 20% of Modgal, Israel P...
The pre-feasibility report for GAIL India's proposed Rs 7,600 crore gas-fired petrochemical complex - Kerala Gas Cracker Complex, is scheduled for completion by April. This report is bein...
On Friday, sweet crude for April delivery reached US $56.72 a barrel, as prices reflect sharp hikes in the cost of crude oil in recent weeks. Spurred by escalating oil prices, US gas pric...
Borouge has successfully implemented an expansion at its US$1.2 billion petrochemical complex in Abu Dhabi during a planned Ethylene turnaround, at an investment of US$40 million. With th...
Speculations that OPEC members cannot pump more to meet rising demand, has pushed crude oil prices to record highs of US$57.50 a barrel in New York. Crude oil futures touched US$57.50 a b...
Titan Chemicals Corp. controlled by the Texas-based Chao group, plans to raise about RM 950million in Malaysia's biggest initial public offering (IPO) in about 18 months. The company will...
The Cyclics Corporation announced the commissioning of its first CBT manufacturing plant in Germany, with an initial capacity of 2500 metric tons of CBT(R) resin. CBT resins melt to a wat...
Chennai Petroleum Corporation (CPCL) is planning a polypropylene (PP) project, with a capacity of 150,000 tons, at an investment outlay of Rs 1,200 crore. News suggests that Engineers Ind...
Polystyrene consumption in Europe has risen marginally in 2004, reflecting higher levels of economic activity across Europe. PS consumption in western Europe grew by no more than 2.5% las...
The EXIM Policy will be announced by the Ministry of Commerce on March 31, 2005. OPPI has organized a Lecture Meeting on "EXIM Policy" at 6 p.m. on Tuesday, April 12, 2005 at the auditori...
Sinopec Corp and British oil giant BP Plc will commence trial operations at the 900,000 tpa naphtha cracker in Shanghai. A trial run starts with downstream units, taking several months to...
US light crude crossed US$56 in New York, as a reaction to a sudden and unexpected fall in US petrol stocks. In London the Brent futures contract showed record gains at almost a dollar pe...
Reliance and IPCL have announced a price hike for PE, wef March 16, 2005: HDPE prices have seen an upward revision of Re 1 per kg HM HDPE prices have risen by Rs1.50 per kg LLDPE price...
RIL/IPCL have announced an upward price revision wef 16 March 2005: PP prices are up by Rs 2 per kg.
Indian Petrochemicals Corporation Limited (IPCL) is planning an expansion of its ethylene cracker capacity at Gandhar, Gujarat. The expansion, to the tune of 100,000 tons, will be achieve...
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