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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
Max India has decided to divest its polypropylene business in a two-stage transaction for an enterprise value of about Rs 700-800 crore, a move that will help it exit its non-core busines...
Despite tepid performance in Q4, Reliance Industries Ltd. Plans to expand its petrochemicals businesses in anticipation that robust demand from the polymer sector will help offset weak g...
State-owned refiner Mangalore Refinery and Petrochemicals Limited has declared force majeure on crude feedstock supply as well as refined product deliveries after having to shut its 15 mi...
As margins from refinery and petrochemicals businesses fell, along with a significant dip in oil and gas production, Reliance Industries (RIL) has reported a 21% drop in net profit for Q4...
The Royal Commission for Jubail and Yanbu plans to construct two PlasChem Parks in Jubail and Yanbu Industrial Cities II to provide numerous industrial services in term of material availa...
Yeochun NCC Co. (YNCC) has bought four naphtha cargoes of about 100,000 tons for delivery to Yeosu, South Korea, at a premium of about US$19/ton to Japan benchmark prices.
Mitsui Chemicals Inc. has bought a 24,000 ton cargo light naphtha from Kuwait Petroleum Corp. last week at a premium of US$35-39/ton to Middle East benchmark prices, as per Bloomberg.
Within weeks of replacing Chairman Purnendu Chatterjee of TCG with state industry minister as the company’s MD, the Bengal government seems to have initiated a process to make top-level m...
China National Petroleum Corp. (CNPC) has signed a preliminary agreement with the Chongqing government to supply natural gas to be used as feedstock in 400,000 tpa methylene diphenylene d...
India’s leading petroleum refinery Mangalore Refineries and Petrochemicals has been forced to shut down operations due to acute water shortage, caused by the complete depletion of the ref...
A fire broke out last Saturday at Egypt's Nasr Petroleum Company. The company is in the process of restarting its 146,300 bpd refinery in Suez, as per Reuters. The accident has prompted E...
Petroliam Nasional Bhd (Petronas) is in talks with 10 potential investors and companies involved in the oil and gas related activities to set up their operations at its refinery and petro...
The Dow Chemical Company will construct a new world-scale ethylene production plant at Dow Texas Operations in Freeport, TX, as part of Dow's previously announced comprehensive plan to fu...
Amid strengthening crude oil and dollar, a ten dollar rise was seen in Asian benzene prices day on day April 19 to US$1188/mt FOB Korea, as per Platts. Higher [Asian] benzene prices could...
The opposition party-Bharatiya Janata Party (BJP) has written to the chief election commissioner, requesting him to disqualify West Bengal Industries Minister Partha Chatterjee's legislat...
Saudi Aramco has offered 131,000 tons of naphtha for May lifting amid strong demand and tight supplies caused by reduced exports from India and Europe, as per Reuters. This is an unusuall...
Japan's Idemitsu Kosan Co Ltd has bought a May naphtha cargo from Oil & Natural Gas Corp (ONGC) at a premium of about US$44/ton to Middle East quotes, as per Reuters. The The 35,000 ton c...
Several large new PET capacities are set to come on-line in China this April and May. The country is expected to add a total of around 1.7 mln tons of new capacity in H1-2012, which wil...
Turkish petrochemicals group Petkim has reduced its low density polyethylene (LDPE) prices this week by US$20-30/mt to US$1770-1780/mt FCA Aliaga; to reflect easing demand in the Turkish ...
SABIC® Vestolen A RELY bimodal high density polyethylene grades are able to meet the stringent requirements for typical pressure pipes, as well as helping customers with considerable ener...
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