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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
Foster Wheeler AG (FWLT) announced today that a subsidiary of its Global Engineering and Construction Group has been awarded a contract by OJSC Gazpromneft Moscow Refinery to provide fron...
Union Minister of State (Independent Charge) for Chemicals and Fertilizers and Statistics and Programme Implementation Srikant Kumar Jena will give away the third national awards for Tech...
Prices in the US$3 trillion plus global petrochemicals market fell 5% to US$1309/mt in April, according to the monthly Platts Global Petrochemical Index (PGPI). The PGPI is a benchmark ba...
The sale of West Bengal Government’s stake in the ailing Haldia Petrochemicals Ltd is expected to be completed by November.We expect the process of divestment to be complete by November,”...
This week sellers have taken a firmer stance in China’s PP and PE markets following the limited activities throughout last week due to shorter working days, as per ChemOrbis. Higher crude...
Solvay and INEOS have signed a letter of intent to combine their chlorvinyls businesses into a 50:50 joint venture, forming one of the world’s largest polyvinyl chloride (PVC) producers. ...
Armed with nanocomposite techniques and insights into bio-based materials, new classes of smart, adaptable super-surface coatings are possible, according to European researchers. Teams fr...
Dow Chemical Co. has received a US$2.2 bln payment from Petrochemical Industries Company of Kuwait, settling a dispute over a scrapped joint venture. An international arbitration court ...
Austrian oil and gas company OMV AG has set aside around 230 mln euros (US$301.4 mln) for a new butadiene plant for the Burghausen refinery in Germany and upgrade of the existing plant in...
The global markets for polyolefins are undergoing radical changes in balance as the advent of shale gas is moving production towards North America. The AMI leading expert in polyolefins,...
US demand for specialty plastic additives is forecast to rise 4.5% annually to 4 bln lbs in 2017, with market value reaching US$7.3 bln, driven by a rebound in the key construction market...
Gabriel-Chemie is to launch its anti-counterfeiting masterbatch MAXITHEN® ProTec4. Plastic products, parts and packaging manufactured with MAXITHEN® ProTec4 have a unique fingerprint tha...
Demand recovery for petrochemicals in Asia remains uncertain as fragile economic conditions in the US and the eurozone continue to drag down growth in the key China market, as per ICIS. ...
Jindal Poly Films Ltd’s Board of Directors has approved the entering of Sale Purchase Agreements relating to the acquisition of Global BOPP Films Business of ExxonMobil Chemical, USA. The...
U.S. prices for ethylene, the chemical building block for many plastic consumer goods from toys to lawn furniture, reached their lowest level since early December in early April, rebounde...
Rosneft and Mitsui signed a Memorandum of Understanding to jointly develop FEPCO project - one of the largest petrochemical projects globally. The MoU was signed by Rosneft President and ...
A group of Saudi private and government business entities plan to sue some South Korean firms for allegedly dumping products, notably in the energy and petrochemicals sector, on the Saudi...
Brazilian conglomerate Odebrecht plans to invest $20 billion globally over the next three years, mostly in Latin America and much of it in Peru, as per Reuters. About 85% of this would be...
Kingdom’s favorable balance of foreign trade grew from SR 150.65 billion in 2002 to a whopping SR 874.17 billion in 2011, according to a report of the Central Department of Statistics and...
The State Oil Company of Azerbaijan (SOCAR) is planning to produce polypropylene at a new plant to be set up at SOCAR sub-company Azerikimya Production Union, as per abc.az. SOCAR vice pr...
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