Petronas seeking to raise US$7.2 bln for Rapid project -one of the largest project financings from Asia

Petroliam Nasional Bhd (Petronas) is seeking to raise US$7.2 bln (RM29.5 bln) for its Refinery and Petrochemical Integrated Development (Rapid) project in one of the largest project fi...

Extension of Joint Development Agreement between National Fuel, IOG Capital to develop additional Marcellus Shale natural gas assets

National Fuel Gas Company announced that Seneca Resources Corporation, its wholly owned exploration and production subsidiary, and IOG CRV - Marcellus, LLC, an affiliate of IOG Capital...

Investigations and raids force Lotte Chemical to bow out of bidding for US-based Axiall Corp

South Korea's Lotte Group said prosecutors are conducting investigations and raids on at least ten units including Lotte Chemical, heaping further pressure...

PCCI begins talks with international enterprises over investments in Iran's petrochemical sector

A senior official with Iran’s Petrochemical Commercial Company International (PCCI) said it has started talks with international enterprises over investments in the country&rsquo...

SABIC likely to set petrochemical projects in seaport east of Beijing, China's NorthWest

A major seaport east of Beijing and a coal-mining region in China's northwest have been picked by chemicals giant Saudi Basic Industries Corp. (SABIC) and its Chinese partners for ...

Lukoil and Shell mull partnership on petrochemical complex in Iraq's West Qurna-2 field

Lukoil’s president, Vagit Alekperov has announced that the Russian oil company is in talks with Shell to participate in the development of a petrochemical complex in Iraq. Lukoil...

Global agricultural films market to reach US$13.85 bln by 2024

The global agricultural films market is expected to reach US$13.85 bln by 2024, according to a report by Grand View Research, Inc. Growing population is anticipated...

Bina Puri receives third contract from Punj Lloyd for RAPID Project

Bina Puri Sdn. Bhd., a wholly-owned subsidiary of Bina Puri Holdings Bhd., has accepted a Letter of Award from Punj Lloyd Sdn. Bhd. to construct pipe sleeper and underground services a...

China orders at least 255 Shanghai-based industrial facilities to shut for 14 days ahead of G20 summit

China has ordered at least 255 Shanghai-based industrial facilities, including part of a major oil refinery operated by Sinopec Corp, to shut for 14 days to reduce pollution ahead of t...

Gables Energy Partners forms Encina Solutions to build, own, operate small to midsized petrochemical plants

Gables Energy Partners, LLC today announced ENCINA, a new petrochemicals company. Encina will build, own, and operate small to midsized petrochemical plants in key markets utilizing es...

New durable polymer made from disposable cups

A range of functional products created from a new “durable polymer” that has been derived from disposable cups has been launched by Simply Cups. The new du...

Researchers create 3D printed robotic muscles using electroactive polymer

In a National Science Foundation-backed project, researchers from American, Japanese, and Korean universities are pioneering a technique for creating 3D printed soft robotic devic...

Chemists develop a remarkably efficient method for converting polyethylene into liquid fuel

Chinese chemists have developed a remarkably efficient method for converting polyethylene into liquid fuel. It's scalability needs to be tested. Zheng Huang, an organic chemist at ...

Polyethylene terephthalate imports into EU for Jan-Apr rise 30% on year

EU imports of polyethylene terephthalate (PET) during the first four months of 2016 saw a sharp increase of 30% compared with January-April 2015, as per Eurostat data reported in Platt...

Naphtha crack in Asia rises to a two-week high, low western naphtha cargoes seen

Asia's naphtha crack edged up held firm at a two-week high of US$53.83/ton on Friday, as Western cargoes arriving in Asia were seen at low levels, as per Reuters. About 1 mln tons ...

Map Ta Phut Olefins sells 2 solvent-MX cargoes after plant restart

Thailand's Map Ta Phut Olefins Company has sold two July-loading solvent-MX cargoes of 2,000 mt each after restarting its aromatics plant earlier this week, as per sources in Platt...

Airbus designs 3D printed mini aircraft using polyamide

EU ethylene imports surge by over 200%, PE imports up 52% over first four months of 2016

EU imports of ethylene in the first four months of the year surged 235% compared with the first four months of 2015, according Eurostat data. Imports rose from 42,557 mt in January-Apr...

Aramid fiber fabric for high-visibility protective apparel

A new aramid fiber fabric suited for use in high-visibility protective apparel thanks to its extra-vivid coloring and resistance to fading has been introduced by Te...

Carbon fiber fabrics improve durability & strength of tennis paddles

The 2016 range of paddle tennis paddles featuring its top-of-the-line Spitfire TeXtreme®– manufactured using TeXtreme® carbon fiber fabrics has been l...