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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
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 ...
Thai olefins producer National Petrochemical Plc, is to invest 1.2 billion baht to expand the capacity of its power plant by 35 MW to 205 MW, at Map Ta Phut, Rayong. To be completed in 2 ...
Worries about winter supplies in the United States faded as US government report indicated a rise in stockpiles of heating fuel, pushing back crude oil prices. New York's light sweet crud...
Dow Chemical is exercising its option to pull the assets of the Engage ethylene elastomer, Nordel ethylene-propylene-diene rubber, and Tyrin chlorinated polyethylene businesses from the p...
The Middle Eastern region is rich in readily available petrochem feedstock at a cost advantage. To enhance the value of natural resources, Egypt is to very shortly see an upcoming petroch...
In line with the guidelines for tax reduction, set when China entered the World Trade Organization, China has lowered import tariffs for high density (HDPE) and low density polyethylene (...
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