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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
Kuwait Petroleum Corp (KPC) is to pick up a minority stake in the Indian Oil’s planned Paradip petrochemical complex, as specified in an in-principle agreement that was reached during IOC...
Supply constraints have propped up polypropylene (PP) prices by upto US$40/ton in the Middle East and US$30/ton in India in the past week. As per ICIS, this trend is likely to continue un...
Royal Dutch Shell's largest integrated petrochemicals manufacturing hub including a new cracker at the refinery on Bukom Island and other Shell facilities on Jurong Island, has come onstr...
CRUDE OIL Light, sweet crude futures for delivery in June traded at US$85.7 on the Nymex, while June Brent crude stood at US$88.4. Earlier i...
Most Asian market players are predicting stable to firmer prices in May, owing to high upstream costs. As per Chemorbis, buyers ended the last round of business seeking discounts, while s...
From over US$400/MT, cracking margins for making ethylene from naphtha in Asia may plunge by 60% by the end of 2010. The opening of Shell’s petrochemicals complex in Singapore has added t...
Post Chinese New Year national holidays, China's imports soared in March, with the volume of nearly every major commodity polymer, engineering polymer and organic chemical rising from Feb...
Shrink Nanotechnologies, Inc. has announced launch of its proprietary advanced shrinkable plastic material which is being branded under the name NanoShrink. Shrink exclusively owns the l...
With the wave of a flag, Mr. B.M.Bansal, Chairman, IndianOil, signalled what could well emerge as a major game changer in the Indian domestic petrochemical business. The despatch of the f...
South African petrochemicals supremo Sasol has approved the construction of ethylene purification unit at its Sasol Polymers plant in Sasolburg. To be built at an investment outlay of R1....
Haldia Petrochemicals Ltd. (HPL) had taken a Rs 1,000 crore loan from banks and financial institutions for implementing its capacity expansion project, Project Supermax. A corporate debt-...
Construction is to commence on Egypt’s largest refinery. The North African country’s Government has signed an agreement with China’s Rongsheng Holding Group and China National Chemica...
Indian Oil Corp (IOC) plans to augment capacity at Panipat by 25% to meet growing fuel demand. Capacity will be raised to 300,000 bpd by October at an investment of US$226 mln. A 120,000 ...
In a move to extend presence overseas, Taiwan’s CPC Corp has expedited oil-exploration projects in Chad, Kenya and Libya and has decided to increase investments of US$500 mln to augment m...
Braskem and Pequiven had planned an investment outlay of US$1 bln, for petrochemical projects in Venezuela. In a bid to adjust project facets to the new global market scenario, the two co...
Asian spot propylene prices have risen by US$45/ton when compared to the beginning of April. As per Chemorbis, current spot propylene prices stand at around US$1290/ton FOB Korea. Dwindl...
Borouge, a leading provider of innovative, value creating plastics solutions, has broken ground for its new Innovation Centre in Abu Dhabi, UAE, on April 27, 2010. With a total investment...
According to a decree signed by the Azerbaijani President, Azerkimya PU was incorporated into the SOCAR structure. Azerkimya has joined the State Oil Company of the Azerbaijan Republic (S...
Exxon Mobil Corp has plans to shut several units at its refinery cum petrochemical complexes in Jurong Island, Singapore for a 6 week regular maintenance. The shutdown could encompass two...
Crude oil prices rose to two week highs past US$85 as weekly unemployment claims fell in USA and raised hopes that the strengthening economic recovery will haul up petroleum demand. Risin...
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