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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
Light, sweet crude rose to US$47.30 a barrel on the New York Mercantile Exchange and in London, Brent for April delivery was higher at US$45.48 on the International Petroleum Exchange. Cr...
Indian Oil Corporation (IOC) plans to finalise its product mix at Paradip shortly. IOC has decided to change the product mix of its much-delayed Paradip refinery in favour of petrochemica...
Basell plans to focus on its wholly owned production facilities in Tarragona, which currently have an annual capacity of 360,000 mta of polypropylene. Keeping this in view, Basell plans t...
Robust demand for petrochemicals globally shot production to near capacity at Dow Chemical’s Prentiss site in Lacombe County, making it the best year in the last 10 or 15 years for the co...
A US$1.2 billion Bahraini-German petrochemical joint venture phas been planned to be set up in the kingdom. Negotiations are in the final stages and an official announcement may be made d...
JG Summit Petrochemical Corp., a joint venture between JG Summit Holdings and Marubeni Corp. of Japan plans for a proposed loan of US$300 million for the naphtha cracker facility in Batan...
Lyondell Chemical Company's Equistar Chemicals business has introduced two new polypropylene-ethylene copolymer resins, for use in molding and extrusion applications including blow moldin...
A clarified polypropylene (PP) has been introduced to satisfy growing demand for transparent packaging that is deep freeze resistant, particularlly to serve producers of deep freeze produ...
Saudi Basic Industries Corporation (SABIC) has recordede highest ever profit earned since its inception. SABIC announced a record profit for the year in its unaudited Q4 and annual result...
Oil prices slid, but hovered around US$48 on worries that supply cuts from OPEC producers before the end of the first quarter. US light crude dropped to US$47.85 a barrel and London’s Bre...
A report that US Q4 gross domestic product (GDP) might be revised higher by as much 0.5 percentage points, as against the previously estimated annual rate of 3.1% last quarter. Strong US ...
Dow Chemical Co. has bought the balance 28% stake (in addition to the already held stake) in PBB Polisur SA, from Repsol YPF, for US$97.5 million. The 28% stake represented Repsol-YPF's t...
As an important step to enable maintain its leadership position in the polypropylene (PP) industry, Basell is committed to continuously reviewing and rejuvenating its asset base. It is no...
South Korean LG Chem's consolidated profits for the year have recorded an increase of 48.1% as against last year. Profits rose to Won 537 billion (US$523 million) from Won 363 billion in ...
Chinese economy has recorded a 9.5% growth in the first nine months of 2004. China tightened credit last year in an effort to slow investment in property and other industries to prevent c...
In order to make use of Egypt's extensive natural gas reserves which will serve as the cornerstone of the emerging industry, Egypt has development plans in the petrochem sector on the car...
ExxonMobil has entered into a licensing agreement with Huntsman for the world's largest LDPE Tubular Reactor. ExxonMobil is to license ExxonMobil's tubular process technology for Huntsman...
Plans are underway in Taiwan for the construction of a multi million dollar complex by staterun Chinese Petroleum Corp (CPC) and the Formosa Plastics Group. The two plan to build multi-bi...
Iran's Gharb Petrochemical Complex has selected Basell's Hostalen technology for a new 300 KT pa high density polyethylene (HDPE) plant. The new plant, part of National Petrochemical Comp...
Westlake Chemical Corporation has successfully started up its vinyl chloride monomer (VCM) and polyvinyl chloride (PVC) facilities in Geismar, Louisiana. This phased start-up will result ...
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