India identifies new site for US$44 bln oil refinery to be built by state-run firms with Saudi Aramco and ADNOC

The Indian government has identified a new site for the $44bn oil refinery that is being built by three state-run firms along with Saudi Aramco and ADNOC, according to Maharashtra chie...

Global Polyolefin Powders Market projected to register CAGR of 5.5% from 2018 to 2025

Global polyolefin powders market was valued at US$7.5 bln in 2017 and is projected to reach US$9.47 bln by 2025, at a CAGR of 5.5% in the forecast period of 2018 and 2025, as per Datab...

Global market for plastic furniture likely to exceed US$ 24 bln by the end of 2019

The global market for plastic furniture is likely to experience 5.3% Y-o-Y growth over 2018, thereby, exceeding US$24 billion by the end of 2019, as reported by Fact.MR study. Looking ...

Qatar Petroleum inks agreement with Chevron Phillips to build new petrochemicals complex

Qatar Petroleum has signed an agreement with Chevron Phillips Chemical to build a new petrochemicals complex, part of plans by the world’s top liquefied natural gas (LNG) exporte...

No equity investor for OPaL, ONGC likely to buy ?5,615 crore CC Debentures

After failing to find an equity investor for its petrochemicals arm -OPAL, Oil and Natural Gas Corp. Ltd (ONGC) might consider buying ?5,615 crore worth of compulsorily convertible deb...

Global super absorbent polymer demand to grow at a CAGR of 6.24% from 2019 to 2024

The market for super absorbent polymers (SAP) is expected to grow at a CAGR of 6.24%, in terms of volume, during the forecast period of 2019-2024, as per ResearchAndMarkets.com. ...

Chevron Phillips Chemical Company to acquire Nova Chemicals for over US$15 bln including debt

Chevron Phillips Chemical Company has offered to acquire Canadian Nova Chemicals Corp for over US$15 billion including debt, as per sources. Chevron Phillips Chemical- a joint venture ...

Global market for smart polymers to grow at a CAGR of 16% till 2024

The global smart polymers market is expected to grow at a CAGR of around 16% during the forecast period of 2019-2024, as per Research and Markets.com. The major factors driving the gro...

A new wool-based insulation likely to substitute petrochem based materials in automobiles

Researchers at Deakin University’s Institute for Frontier Materials have worked with Ford to create a new wool-based insulation, which has environmental and other benefits over s...

Polymer concrete market for green technologies in the Middle East to generate lucrative opportunities from 2019 to 2024

Unique process developed likely to create new polymer composites suited for soft robotics, electronic devices

Researchers have been seeking new, flexible materials for the next generation of soft robots and electronic devices, including novel medical devices. A team at Carnegie Mellon Universi...

Global polymer nanocomposite market expected to register CAGR of over 5% for 5 years to 2024

The polymer nanocomposite market is expected to grow at a CAGR of more than 5% during the forecast period of 2019 to 2024, as per ResearchAndMarkets.com. Growing applications in electr...

Restart of two naphtha crackers in South Korea- Hanwha Total Petrochemical Co Ltd and LG Chem at Daesan

South Korea’s Hanwha Total Petrochemical Co Ltd has restarted its naphtha cracker this week. The 1 mln tpa cracker in Daesan was shut in the later part of March for maintenance. ...

W R Grace & Co licenses UNIPOL® PP process technology to Hyundai Chemical Co., Ltd

W. R. Grace & Co., the an independent supplier of polyolefin catalyst technology and polypropylene (PP) process technology, has licensed its UNIPOL® PP process technology to Hy...

BASF to build engineering plastics and TPU plants at new Verbund site in Zhanjiang

BASF plans to build an engineering plastics compounding plant and a thermoplastic polyurethane (TPU) plant at the company’s proposed integrated chemical production (Verbund) site...

Global polypropylene compounds market to grow at CAGR of 7.6% to cross US$28 bln by 2025

The global polypropylene (PP) compounds market size is expected to reach US$28.24 bln by 2025, at a CAGR of 7.6% , according to a report by Grand View Research, Inc. Increasing require...

Global redispersible polymer powder market to reach US$ 2.65 bln by 2026

Redispersible polymer powder is a polymeric emulsion powder that, when mixed with the water, redisperses in the water to form new emulsions. When added to mortars, redispersible polyme...

Petronas and Saudi Aramco plan month end start up cracker at Rapid complex in Pengerang

Malaysia's state-owned Petronas and Saudi Aramco are targeting a June end start up of cracker operations at the 300,000 bpd Rapid refinery and petrochemicals complex in Pengerang, ...

BASF and SIBUR join forces to develop an innovative polymer solutions centre in Moscow

SIBUR and BASF have joined forces to develop innovative polymer solutions at SIBUR’s PolyLab Research and Development Center in Moscow. The companies will work together to levera...

GCC Polyethylene pipes market projected to reach a volume of 454,247 tons by 2024

The polyethylene (PE) pipes market in the GCC reached a volume of 310,438 Tons in 2018. It is projected to reach a volume of 454,247 Tons by 2024, at a CAGR of 6.5% during 2019-...