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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
SRF is planning to set up a Greenfield biaxially-oriented polyethylene terephthalate (BOPET) plant at Indore, Madhya Pradesh (MP) at an estimated cost of US$58 mln, as per money.livemint....
The global polymer nanocomposites market is forecast to post a CAGR of more than 24% by 2019, as per Technavio. The following four factors influence the growth of the global polymer nanoc...
The global market is projected to reach US$19.33 bln by 2020 at a CAGR of 8.9% between 2015 and 2020, as per Markets and Markets. Among the applications, the film application segment hol...
Kuwait's EQUATE Petrochemical Co is in talks with banks to refinance a US$6 bln bridge loan that it secured last year and was partly used to fund the acquisition of petrochemical company ...
LyondellBasell has announced the completion of the sale of its wholly-owned subsidiary Petroken Petroquimica Ensenada S.A. (Petroken) to Grupo Inversor Petroquímica S.L. (GIP) for $184 m...
The global demand for petrochemical market was valued at US$550 bln in 2014 and is expected to reach US$890 bln in 2020, growing at a CAGR of around 6.5% between 2015 and 2020, as per Mar...
Saudi International Petrochemical Co (Sipchem) has paid 375.3 mln riyals (US$100.1 mln) to raise its stake in two subsidiaries, as per Reuters. The firm will buy stakes owned by Kuwait's ...
The global demand for BOPP film market was valued at US$10.81 bln in 2014 and is anticipated to generate revenue of US$15.55 bln by end of 2020, expanding at a CAGR of 6.3% between 2015 a...
Gulf Petrochem Group, a leading player in the oil industry, plans to invest Rs 340 crore (US$ 50 mln) towards the expansion of its Fujairah terminal to raise its capacity to 655,280 cubic...
Long Range tanker freight rates on the Mediterranean-Japan route, basis 55,000 mt, have dipped to a 15 week low on the back of a closed naphtha arbitrage to Asia, as per sources in Platts...
The State Oil Company of Azerbaijan (SOCAR) and Maire Tecnimont have signed a contract for the turnkey construction of a Sumgait plant on high density polyethylene production. The plant w...
Prime Minister Narendra Modi has inaugurated the Rs.10,000 crore gas Assam gas cracker. This is the first ever petrochemical project in entire North East India and was a part of the histo...
The global masterbatch market size is estimated to cross US$16 bln in 2016. Segment-wise, white masterbatch dominated the overall market in 2015, and this trend is anticipated to continue...
A multi-functional centre with specialisation in product development in the polymer sector will soon come up in Bengaluru. The Centre will come up under the aegis of the Central Institute...
Kraton Performance Polymers, Inc. has completed the sale of certain assets related to its compounding business to PolyOne Corporation for US$72 mln in cash. In conjunction with the sale,...
The Government of Alberta in Canada has revealed a new petrochemicals diversification programme, under which a sum of C$500 mln (US$357 mln) in royalty credits will be provided over a per...
Germany-based Linde and Japan’s Mitsui Chemicals plan to invest US$4 bln into petrochemical projects in Iran, as reported by www.tradearabia.com. Linde is considering investment in seve...
Fibremod™ technology portfolio with carbon fibre reinforced polypropylene grades has been unveiled by Borealis. Borealis' leading-edge Fibremod technology portfolio has a proven track rec...
India's largest global flexible packaging company Uflex has registered 38% growth in its consolidated net profit for Q3 FY 2015-16 when compared to the same period during the last financ...
BP's petrochemicals production in Europe fell 8.4% year on year to 3.5 mln mt in 2015, as per Platts. Global petrochemicals production rose 5.3% to 14.8 mln mt in 2015, pulled up by the 1...
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