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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
As large speculators continued building-up in crude futures, amid growing concern about global oil market, crude oil prices rose to a 4 month high. Oil futures for April ended at US$54.77...
A 900,000tpa ethylene cracker project at an investment outlay of US$2.73 billion- a joint investment between Sinopec and SPC BP East China Investment Co Ltd. is ready for start up. The la...
The impact of restructuring and new business models have had an impact on the profits of BASF. BASF doubled operating profits across its plastics business to E727m last year as against E3...
Reliance Industries, has denied reports to merge group company Indian Petrochemicals Ltd. (IPCL) with the parent firm. It was earlier reported that IPCL is likely to be amalgamated with R...
Petroken Petroquimica Ensenada, Argentina's largest polypropylene producer operates an 180,000 mta PP plant in Ensenada, a port outside Buenos Aires. Spains Repsol YPF has sold its 50% st...
Market estimates that the booming demand from China- a key factor triggering high oil prices in 2004, was going to trail off, have been proved wrong. China's oil demand will grow by 33% m...
The Middle East region is building up its strength in the petrochemical sector to take advantage of availability of cheaper feedstocks and will continue to consolidate it's position in th...
Haldia Petrochemicals Limited (HPL) plans to expand capacity by almost 50%. Current capacities at HPL are: 520,000 tpa ethylene capacity LLDPE/HDPE swing unit of 2,60,000 tpa A dedicat...
JG Summit Petrochemical Corp.(JGSPC) has submitted a revised application to the Board of Investments (BOI) for the establishment of the country’s first naphtha cracker. Under the revised ...
This highly practical and useful course enables you to determine the class of plastics of the specimen. No extensive knowledge of chemistry is required. It is a handy and highly effective...
The recent weeks have seen oil prices rise by almost 52% than a year ago, triggered by a colder winter in USA, the declining value of the U.S. dollar and fears of restrictions on supplies...
Vinythai PCL, Belgian chemical conglomerate Solvay's Thai unit is preparing for expansion of its vinyl chloride monomer (VCM) facility, to 400,000 tpa by September 2006, from 200,000 tons...
Since Asia is likely to emerge as the largest consumer of petrochemicals and plastic products very soon, the trend of the petrochemical industry shifting from North America and Europe to ...
Increasing demand in the Asian region has put pressures on petrochem manufacturers to increase capacity, raising feedstock requirements. PTT Polyethylene is a 19.6 billion baht 50-50 ...
“The reduction in Customs Duty on Plastic Polymers from 15% to 10% will help to reduce the volatility and help the Plastics...
Formosa shut its No. 2 naphtha cracker at Mai Liao on Mar 1, with an ethylene nameplate capacity of 900,000 mta. The turnaround will continue for 45 day, until Apr 14. This plant turnarou...
Oil prices touched 4 month highs: above US$53 a barrel - a surge of almost 17% in just over three weeks. The spurt in prices was triggered by active fund buying and supply concerns fuelli...
Aromatics Thailand Plc (ATC), a subsidiary of PTT recently signed contracts to export 201,000 tons of benzene to buyers in China, Taiwan, South Korea, Singapore, Indonesia and Malaysia th...
Thai Olefins Plc (TOC), the upstream petrochemical subsidiary of PTT PLc, expects revenues to rise by 10 billion baht from 23.8 billion baht last year. TOC has projected at least 40% grow...
Most of China's major oil refineries are keeping operating rates at record levels in March, to cover for production losses due to shutdowns at other plants and to meet rising seasonal dem...
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