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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
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 (...
Tight supplies and estimated robust demand in the first quarter, could have a bullish effect on prices as US polypropylene producers seek a price increase in January. However, observers o...
Teknor Apex has acquired the UK and US engineering thermoplastics compounding businesses of Chem Polymer. Chem Polymer is a leading supplier throughout Europe and the Americas and has a g...
Concerns of tight supplies of heating oil, ahead of the US government's next petroleum supply report and anticipated colder weather has pushed crude oil futures toward US$44 a barrel. Lig...
As part of a broader initiative by China since 2002 to reduce duties for most of its petrochemical products, according to China's WTO agreements, China has lowered its import tariffs for ...
Indian Oil Corporation (IOC) has commissioned a detailed feasibility report which is expectd to be finalised in the next two months to increase the capacity of its proposed oil refinery a...
In line with falling international prices of crude oil over the last few weeks, Reliance Industries has announced a cut in prices of its petrochemical products for January. PE prices ...
Anil Ambani has resigned as Vice Chairman and Director of Reliance group company Indian Petro Chemicals Ltd. (IPCL). "I consider against my dignity, self-respect and self-esteem to be on ...
Mild weather has been forecast in the United States, the world's biggest heating oil market. Till date this season, winter has been mild in the Northeast, and normal to above-normal tempe...
Dupont Dow Elastomers LLC, is a joint venture between DuPont and Dow. After Dow exercises its option to acquire certain assets of the joint venture related to ethylene and chlorinated ela...
ONGC seems close to firming up plans for the Dahej petrochemical project with an investment outlay of Rs 4,000 crores, shortly. The company is close to awarding the consultant contract fo...
Higher production increases by China and Middle Eastern countries has led to steep competition in the ethylene market. Many petrochemical producers in Japan are now switching from ethylen...
The World Bank sees global economic expansion slowing in 2005 to 3.2% from an estimated 4% in 2004. Factors contributing to the slower pace include high and volatile oil prices that have ...
Haldia Petrochemicals Limited (HPL) has ended the year 2004 without a fresh infusion of equity. The Chatterjee group (TCG) and Bengal government - principal promoters of HPL are to reques...
Gail India proposes to establish a Rs 4,000-crore Assam gas cracker project with dual feedstock, with naphtha supplies from Numaligarh Refineries Ltd (NRL) and Indian Oil Corporation refi...
In the last trading day of 2004 for US oil, prices fell over forecasts of mild US weather, to US$42.90 a barrel - around US$10 higher than the beginning of the year, but nearly US$13 belo...
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