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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
Titan Petrochemicals Group Limited has announced key indicative terms of a new debt restructuring proposal for further discussion with creditors and other relevant parties. A creditors' m...
Lohia Starlinger Limited, on March 7, 2013, changed its name to Lohia Corp Ltd as a result of the exit of Starlinger & Co. GmbH as shareholder in the company. The company launched its new...
Celanese Corporation has announced that its French and Spanish subsidiaries have informed their employee delegates in Roussillon, France, and work council in Tarragona, Spain, of their in...
Despite the legal wrangle surrounding the stake sale of Haldia Petrochemicals, Purnendu Chatterjee-led The Chatterjee Group (TCG) has reiterated it will infuse funds in the company to sav...
The Vietnamese government will thoroughly evaluate state-owned Thai PTT's proposed mega-refinery and tightly manage the development of other refinery and petrochemical projects in the cou...
The global market for fluoropolymers is estimated to grow from US$7.2 bln in 2013 to US$9.8 bln by 2018, with a CAGR of 5.7% from 2013 to 2018, as per MarketsandMarkets. The market for fl...
The Asian paraxylene/naphtha spread slumped to 28 month low of US$440.38/mt on Friday, falling by US$14.62/mt from the previous day, with the regional PX market hit by rising supplies, as...
Engineers India Limited (EIL) has reached an understanding with Dangote Group in Nigeria for Project Management Consultancy (PMC) and Engineering, Procurement and Construction Management ...
Brent crude fell by over two dollars to US$108.6 per barrel, while US light sweet crude fell by less than a dollar to US$93.6 per barrel. Oil prices have fallen after Iran agreed on a dea...
Munich-based specialty chemical company WackerChemie AG plans to expand its production capacity for dispersible polymer powders capacity at its Nanjing (China) site, in 2014. By producti...
The board of Haldia Petrochemicals Ltd (HPL) has cleared a proposal for preliminary notification to the Board For Industrial Reconstruction (BIFR). According to Partha Chatterjee, State...
PET resin major M&G Chemicals plans to invest in a biorefinery in China that will make PET building block ethylene glycol from straw, as per PlasticsNews. M&G of Tortona, Italy, part of t...
Formosa Plastics is seeking United States' permits for a $2 billion expansionof its Texas operations as cheaper natural gas prices make US production more competitive, as per Bloomberg. T...
Mumbai-based Gharda Chemicals Ltd. plans to open a commercial scale plant in Panoli India for making specialized engineering resins polyetherketone (PEK), polyetheretherketone (PEEK) and ...
Crude on the Nymex were on a volatile trend since they moved below the US$95/barrel threshold at the beginning of November. This is the first time since June, that crude oil has settled s...
New York's main contract, West Texas Intermediate (WTI) for delivery in December, rose to US$93.7 a barrel, while Brent North Sea crude for January jumped up by almost a dollar to US$107....
Annual paraxylene term negotiations for 2014 have gotten off to a slow start in Asia, and talks are expected to be drawn out, as the supply/demand fundamentals are expected to change sign...
In a breakthrough which could significantly extend the lifetime of Li-ion batteries, researchers in the US have created a battery electrode that can 'heal itself'. The advance is all than...
European polyethylene spot prices have extended their gains this week, rising Eur 10/mt on the week to Eur 1270-1275/mt FD Northwest Europe. The price hike has been attributed, by market ...
Two naphtha crackers with a combined capacity of nearly 1.5 mln tpa are expected to go into maintenance in 2014 in South Korea, Asia's top petrochemicals production hub outside China, as...
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