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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 new projects of the National Petrochemical Company of Iran will commence production in the Iranian calendar month of Esfand (February 20 to March 20). This will include the PVC unit...
Japan's Mitsubishi Corporation Mitsubishi Corporation is considering plans to set up petrochemical and oil refining and storage business in Fujairah, North of the United Arab Emirates. Fu...
Oil futures ended the previous week at US$91.5, its the highest closing since October 2008, on news of a sharp drop in US stockpiles and a severe winter. The falling inventory levels mark...
Malaysia's Petronas Chemicals has halted operations at an aromatic plant after a fire broke out at its naptha hydrotreater unit, as per Reuters. The fire occurred late Friday night at its...
Sri Lanka is to become a major petrochemical marketing centre for the Asian region under in line with a marketing expansion plan of Qatar Petrochemical Company (QAPCO). QAPCO plans to exp...
Leonid Mikhelson, a billionaire shareholder of Russian gas producer OAO Novatek, bought 25 % stake in OAO Sibur Holding, Russia's largest petrochemical producer, and may buy the remaining...
Players in India report that demand for PE and PVC is weak in the country these days owing to the lingering effects of a prolonged monsoon season, as per Chemorbis. As demand for these pr...
Naphtha margins in Asia declined from the highest this month after an industry report showed stockpiles rose in Japan, as per Bloomberg. Gasoil advanced to the highest since October 2008....
Lower US polyethylene export prices have begun to show up in Houston, as per Platts. Lower export prices are common at the end of the year as producers look to reduce inventory ahead of t...
US gasoline prices hit an average US$3 a gallon for the first time in more than two years. The recent rise in crude oil prices continued as oil topped US$90 a barrel, setting the stage fo...
Plastindia exhibitions have grown in stature to become a date in the international calendar for our industry. Every version of PLASTINDIA has delivered, much more than expected to the par...
Exxon Mobil Corp. continues to be interested in developing a petrochemical complex in Qatar after Royal Dutch Shell Plc announced plans to help build a monoethylene glycol plant there. Ea...
The construction industry in Europe has been in decline since 2008, with figures from Euroconstruct showing total spend of €1444 billion in 2008, €1316 in 2009 and an anticipated €1264 in...
French Rhodia SA, a €4billion (US$5.26 billion) specialty chemicals major, will acquire PI Polymer, the engineering plastics business of PI Industries. PI Industries is into agri inputs, ...
In a bid to curb inflation that threatens the country's economic recovery, South Korea's finance ministry plans to extend tax breaks on oil product imports to 2011, as per Platts. This ex...
Reliance Industries (RIL) and Russian petrochemical company Sibur haves announced a joint venture for the production of butyl rubber in India. The joint venture facility will have an init...
Crude for February delivery rose to US$90.48 a barrel, the highest settlement since October 3, 2008. Oil prices crossed US$90 a barrel for the first time in 26 months on a fall in crude i...
The US Environmental Protection Agency (EPA) has announced that DuPont has agreed to pay a penalty of $3.3 mln to resolve 57 Toxic Substances Control Act (TSCA) violations. DuPont failed ...
Thailand's largest integrated aromatics refinery - PTT Aromatics and Refining Pcl expects higher oil prices and rising paraxylene spreads to push up earnings in 2011, as per Reuters. Para...
Plastindia 2012 - The 8th International Plastics Exhibition and Conference, to be held from 1-6 February 2012, was officially launched on 17 December 2010. The event took place at the IT...
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