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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
The Shell-China National Offshore Oil Corp's US$4.3-bil integrated petrochemical complex in Guangdong province is well on track. Completion of the project is slated for the end of 2005. ...
Raw material prices have seen a dramatic rise in 2004 and stand at highest levels, triggered by escalating oil and feedstock costs. In North America, price of polyethylene surged 57%, po...
US demand for degradable plastics is expected to grow by 13.7% pa over the next three years. Demand is forecast to reach 168,000 tons in 2008, valued at US$490 million. Demand for biodegr...
Demand for PVC window and door profiles has been growing in Eastern Europe in the past few years. Growth potential still exists in eastern Europe and Russia and is substantial to drives i...
SM Dyechem Ltd.'s Glycol Division with a capacity of 80,000 tpa of Mono Ethylene Glycol (MEG), located near Pune, has been shut since 1996. After the company failed to pay its dues to sec...
A drop in US crude stockpiles, anticipated colder weather in Northeast USA, a possible supply disruption from Iraq and production cuts by Organization of Petroleum Exporting Countries are...
Since 1996, Japan and Qatar have been building trade relations. Japan imports major part of the crude oil produced in Qatar, as well as natural gas in the form of LNG since 1996. The valu...
In this decade, the Asian region will constitute 50% of the global consumption; and possibly 75% of this consumption would be met from their own capacity. While all Asian countries will c...
To be equipped with more flexibility and responsiveness to growing market demand, ExxonMobil Chemical will instal two new metallization lines at its oriented polypropylene (OPP) films pla...
Thai petrochemical producer Thai Olefins PCL's second plant is expected to commence operation early this year, raising the company's total capacity for ethylene to 685,000 tpa from 385,00...
Augmented by OPEC's stand on defending prices and expected colder weather later this month, oil prices climbed towards US$46 a barrel, breaking beyond the market's month-long US$40-$45 tr...
Tri Polyta Indonesia Tbk is the largest Indonesian producer of polypropylene, with the largest domestic market share and exports to Asian markets. The plant is located in the petrochemica...
With a view to maintain focus on its core competency of exploration and production, ONGC has dissected its Rs 25,000 crore mega project for liquefied natural gas, power and petrochemicals...
A new development has been launched as an alternative packaging to the tin can for processed vegetables. The development of an innovative multi-layer polypropylene pack is set to deal yet...
New developments were presented at a recent Rotomolding conference. Technologies introduced at the meeting included rotomolding of nylon 6 parts directly from caprolactam monomer and puls...
Kuwait is mulling over the idea of investing in refining and petrochemicals sectors in Asia, as an avenue for long-term, secure, stable outlet for it's hydrocarbons. Kuwait has expressed ...
Thai Olefins PCL has planned a plant expansion to boost olefins production capacity by 250,000 metric tpa, expected to be completed in Q3- 2006. Currently, the company's total olefins cap...
Oil prices have steadied after crossing US$ 45 - a surge of over US$ 2. New York's light sweet crude for delivery in February fell to close at $US 45.43 per barrel, in London, the price o...
Russia is to have its first Bisphenol-A and Polycarbonate plant by 2007. Toyo Engineering Corporation , along with cooperation from Mitsui, has been awarded a contract to construct a 70,0...
BP is now the full owner of BP Solvay Polyethylene European and American joint ventures. Following clearance by the European Commission and the US Federal Trade Commission in December 200...
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