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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
LG Chem Ltd. plans to build a US$4.2 bln petrochemical complex in Kazakhstan with two partners, as per Bloomberg. The project will be funded by US$2.97 bln of loans and US$1.27 bln of inv...
Competition authorities have approved the sale of Finland Neste Oil's polyalphaolefin (PAO) production facilities, quality control laboratory, and associated maintenance services at Berin...
China Petroleum & Chemical Corp (Sinopec) and Korea's SK Group inked a Memorandum of Understanding (MoU) on strategic cooperation, including a joint investment on an 800,000 tpa ethylene ...
Global markets including China, Turkey and Egypt continued to see firmer American PVC prices during this past week, as per ChemOrbis. Firmer upstream VCM costs in USA leading to higher ex...
Players in China’s PE markets are evaluating the likely impact of the latest round of Western sanctions on Iran as they formulate their business plans going forward, as per ChemOrbis. Mo...
IRPC has earmarked Bt70 billion to invest in its Phoenix, non-Phoenix and maintenance projects from 2012 to 2016, with revenue contribution from the Phoenix projects targeted to double to...
Kumho Asiana Group, led by chairman Park Sam-koo, is set to complete on Wednesday its legal separation from Kumho Petrochemical Group headed by his brother Chan-koo. As per heraldm.com, K...
Carbon nanotubes can kill bacteria and prevent the formation of virulent and corrosive biofilms, probably by puncturing the microbes’ cell walls. As a result, scientists think the nanomat...
Sasol Ltd plans to invest US$4.5 bln to build a plant usin low-cost natural gas to make ethylene and related chemicals in Louisiana. The board of directors has approved a feasibility stud...
At the onset of December, new PVC offers and sell ideas start to emerge with increases in Southeast Asia's domestic markets, as per ChemOrbis. Regional producers have either issued price ...
UOP LLC, a Honeywell company has been selected by Zhejiang Shaoxing Sanjin Petrochemical Co., Ltd. to provide key technology to produce propylene in China. The new propane dehydrogenation...
Haldia Petrochemicals is working out an action plan to avoid falling into the BIFR (Board for Industrial and Financial Reconstruction) fold, as per the Hindu. Since a 50% erosion in peak ...
South African petrochemicals group Sasol has entered into talks to potentially divest its stake in Arya Sasol Polymers Company in Iran, a move already flagged in October, as per Reuters. ...
As buying from South Korea increases, naphtha prices in Asia rose to a two-week high on Wednesday while cracks hovered at their highest in five weeks, as per Reuters. YNCC bought up arou...
A rebound in US consumer confidence and escalating tensions in Iran pushed oil to US$100 per barrel on the Nymex. Brent crude rose to US$109.86 a barrel in London. Following robust retai...
Global demand for biodegradable and bio-based plastics will more than triple to over one million metric tons in 2015, valued at US$2.9 bln as per ResearchandResearch. Bioplastics have mov...
A collaboration between researchers from Albemarle Corporation, Louisiana State University (LSU), and the Center for Advanced Microstructures and Devices (CAMD) has led to innovative new ...
Taiwan-based China Petrochemical Development Corp. (CPDC) plans to invest NT$30 bln (US$987 mln) to build a phenol plant in China's Jiangsu Province, as per CNA. The investment plan has b...
Orpic announced that three additional units will be included in the proposed Sohar Refinery Expansion Project. The new expansion supported by the Government of Oman is expected to improve...
Saudi Basic Industries (SABIC) plans to set up resin and engineering plastic compound plants in India and China, as per Reuters. SABIC is the world's largest chemical producer by market v...
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