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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
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...
South Korea’s Lotte Chemical Corp has bought 25,000 tons of spot naphtha supply for delivery to Yeosu in H1-June at a premium of US$7.50/ton to Japan quotes CFR. This premium was consider...
Middle Eastern producers have started to reveal their new May prices to Egypt with decreases in line with market expectations, as per ChemOrbis. However, despite the decreases, players st...
Asia’s naphtha prices may be undermined on the back of bloated supply and weakening plastics demand, as per ICIS. H2-June naphtha prices were assessed lower at US$825.50-827.50/ton CFR Ja...
PetroChina has not yet decided when it will start up its new US$6 bln refinery complex in Southwest China, after local residents expressed safety concerns following an earthquake two week...
Egypt’s Suez Canal Authority (SCA) has raised toll fees by 5% for oil tankers and vessels carrying petrochemicals, and a smaller increase of 2% that will apply to container ships and car ...
China based - Xianglu Petrochemical plans to start a new purified terephthalic acid (PTA) plant by the end of the third quarter, as per Fibre2fashion.com. The 4.5 mln tpa PTA plant is bei...
Petrochemical firm Dragon Aromatics plans to begin trial operations of its delayed US$3 bln paraxylene plant on China's southeast coast later this month, as per Reuters. Dragon Aromatics,...
A fire at a South Texas petrochemical plant left 14 workers hurt, two critically. The cause of the fire is under investigation. The plant’s ethylene purification area was shut down becaus...
Despite the impact of the global economic slowdown and the continually high prices of oil and petroleum products, demand growth is notable in Asia, especially in China and India, accordin...
Fluor Corporation has been awarded a contract by The Dow Chemical Company to execute a significant portion of its U.S. Gulf Coast investments. Fluor’s scope includes the engineering, pro...
Financially troubled Haldia Petrochemicals Ltd (HPL) is pinning hopes on West Bengal Government’s disinvestment move in the company for fresh infusion of funds, as per PTI. “We are hopin...
In the Hibassk high-barrier film made by the Dutch company A. van den Broek BV, a DuPont™ Surlyn® sealant layer helps to ensure that the red colour of vacuum skin packed meat will be pres...
SK Capital Partners, a transformational private investment firm, announced that it has closed its previously announced acquisition of the Antioxidant and UV Stabilizer Solutions business ...
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