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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
Four indigenized catalysts for use in the petrochemical industry have been unveiled at Iran’s Petrochemical Research and Technology Company. Western states had imposed sanctions on the pr...
India’s largest petrochem maker- Reliance Industries has expressed interest in acquiring a controlling interest in loss-making Haldia Petrochemicals, ready to make a competitive bid when ...
Lanxess is in the process of expanding some specialised petrochemicals derivative plants in Germany with a planned 40% rise in hydrogenated nitrile butadiene rubber (HNBR) capacity at Lev...
A fire broke out at the Royal Dutch Shell’s refinery in Pulau Bukom, off Singapore. The fire is expected to affect regional supplies of gasoline and other products in the short term, as p...
The Binh Son Refinery and Petrochemical Company, operator of the Dung Quat Oil Refinery has inked a credit contract worth US$32 million with Vietcombank. The refinery is located in the ce...
Sinopec Group plans to invest 100 billion yuan to develop the petrochemical industry in Fujian province over the next 10 years, for which it has inked an agreement with the Fujian provinc...
Output of China's petrochemical industry has expanded by 34.9% year-on-year to 6.4 trillion yuan (US$1 trillion) in the first eight months of 2011, according to China Petroleum and Chemic...
Crude oil in London and New York plunged sharply on release of economic data at the end of the previous week that has dampened confidence in strength of economic recovery in USA and bolst...
Middle Eastern producers started to reveal their new October PP and PE prices to Egypt. For both polymers, downward price adjustments were expected given the globally decreasing trend as ...
Kuwait Petroleum International (KPI) will receive funding from the International Finance Corporation (IFC) to build Vietnam's second oil refinery, as per Kuna. The US$6.2 bln Nghi Son oil...
The Supreme Court on India has dismissed the appeal by Purnendu Chatterjee-led Chatterjee Petrochem Limited and Chatterjee Petrochem (Mauritius) Co in the ownership dispute of Haldia Petr...
The Dow Chemical Company has closed the sale of Dow's global Polypropylene business to Braskem S.A. In addition to the transaction, the two companies will continue to evaluate potential f...
Japanese producer Taiyo Oil has tentative plans to take off line its Shikoku-based aromatics unit for a 2-3 week scheduled maintenance around June-July 2012, as per ICIS. The facility, wh...
Polyethylene terephthalate buyers in Asia have slashed purchase volumes despite cooling PET prices in the region after a recent surge, as they expect prices to fall further, as per Platts...
Borealis AG wants to buy assets to complement its existing businesses, as per Bloomberg, but currently has no deals on the table. Borealis is 64% owned by Abu Dhabi’s International Petrol...
Super major Shell has shut down the company’s largest oil refinery and petrochemical complex due to a fire that broke out on Wednesday. A fire ignited at the Pulau Bukom oil refinery, lik...
Formosa Plastic Corp. (FPC) plans to invest in petrochemicals and shale gas exploration through its overseas subsidiary FPC USA, to raise deployment in the U.S., as per CENS. Mature and c...
Spot prices have softened for almost all polymers in China in the final week before the country’s National Day holidays, as new banking restrictions in the country amid fears of renewed r...
in a bid to capitalize on new low cost ethane and other light feedstocks under development in North America, Westlake Chemical Corp’s expansion program is to include expansion of ethane-b...
PlasticsEurope has revealed results of the first-ever study on polyolefins recycling and recovery rates in rigid applications in Europe, as per PRW. The research analyses recycling and re...
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