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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
The foundation stone has been laid for a 420,000 tpa polyester project- Middle East’s largest; in Egypt’s economic zone, northwest of the Gulf of Suez. This will comprise the last project...
Hindustan Petroleum Corporation (HPCL) has identified 3,000 acres of land in the Lote-Parshuram industrial area in Chiplun, Konkan district in Ratnagiri. The company is yet to begin work ...
Oil prices edged above $91 a barrel on Friday, steadying after a big drop the day before when the IEA announced the release of emergency crude supplies, as per Associated Press. Oil for A...
Fluor Corp. has been awarded a contract by The Dow Chemical Company to provide basic engineering and design services on its propane dehydrogenation (PDH) expansion project in Freeport, Te...
Following a gas leak from a compressor unit, Maruzen Petrochemical Co Ltd plans to restart its 480,000 tpa naphtha cracker in Chiba on Saturday, as per Reuters. The cracker, which has bee...
Westlake Chemical Corp.’s North American Pipe Corporation subsidiary has shut down its Springfield, Ky., PVC pipe production facility in an effort to reduce costs and optimize production ...
UOP LLC has been selected by the Abu Dhabi Oil Refining Co. (Takreer) to provide key technology for a new petrochemical production unit in the United Arab Emirates. a Honeywell company. T...
Over the past few weeks, LDPE film prices have been falling faster than prices for other PE products in Asia as well as Europe as per ChemOrbis. The impact of weaker demand has fallen mo...
OWINGS MILLS, MD, June 24, 2011 - GoIndustry DoveBid (LSE: GOI), a leading provider of asset management services, in conjunction with Hilco Industrial, LLC, is to conduct the second in a ...
Freely negotiated polyethylene terephthalate (PET) contract prices for June are seeing three digit decreases compared with May, as per Platts. One converter reported settling his June PET...
European polyolefin spot prices continued to fall this week, by €20-60/ton (US$28-85/ton), as the steady flow of competitively priced material from both local and import suppliers continu...
Japan's Tonen Chemical Corp restarted its 491,000 tpa naphtha cracker in Kawasaki on Thursday morning after roughly two weeks of shutdown, as per Reuters. The cracker had been shut since ...
The coming five years will see plants coming on line in China that can produce all kinds of petrochemicals such as olefins and aromatics from coal-gas based methanol, but for many of thes...
American offers to the Mediterranean countries of Egypt and Turkey have been steadily declining since the beginning of June as per ChemOrbis . When compared with falling prices in the Med...
Eastman Chemical Company will acquire all of the outstanding equity of Sterling Chemicals for US$100 million in cash, subject to certain adjustments as provided in the merger agreement. ...
A subsidiary of Foster Wheeler AG’s Global Engineering and Construction Group has been awarded a contract by Sasol to perform the technical portion of a feasibility study for a planned ga...
Keeping in view the negative impact along the entire spectrum of the industry, Nan Ya Plastics Corp expects the Ministry of Economic Affairs to withdraw an order to suspend operations at ...
According to the British Plastics Federation, the UK industry consumes around 4.8 mln tons of polymers a year and produces around 2.5 mln tons of end product, as per a report by Research ...
A joint Indian-Egyptian venture will see the construction of a 420,000 tpa polyethylene terephthalate (PET) plant in Ain Sokhna at a cost of $160 million, as per Daily News Egypt. The E...
Asia's naphtha price ended at a two-session low on Wednesday but cracks hit a two-week high despite weak fundamentals, as per Reuters. South Korea's LG Chem bought two medium-range naph...
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