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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
Thailand’s IRPC, operator of Southeast Asia's biggest integrated petrochemical complex, plans to invest US$1.2 bln over the next five years. Out of this, about US$135 mln will be invested...
Reliance Industries has realized a lower premium on February naphtha because of higher arbitrage volumes expected to arrive in Asia. A naphtha cargo for February lifting was sold by RIL a...
In China, the domestic PVC market closed on a firm note this week, maintaining momentum seen earlier in the week, despite cooling off in the domestic PE and PP markets that started the we...
Five people are missing and six are injured after an explosion at China National Petroleum Corporation’s petrochemical plant at an oil tank 19 miles from Lanzhou in northern Gansu Provinc...
Reliance Industries Ltd has increased its bid to acquire LyondellBasell to US$13.5 bln from the earlier offer of US$12 bln. In the proposed offer, RIL will acquire US$2.2 bln in new stock...
As refiners stretch their exports to maximum levels this month, to gain from strong prices in Asia, February lifting naphtha exports from India have totaled to 800,000 tons, about 10% low...
Oil and Natural Gas Corp's complex will be the anchor tenant at the Dahej PCPIR that may attract a total investment of Rs 50,000 crore. The PCPIR at Dahej will be spread over the blocks o...
PTT Group and Siam Cement Group have filed pleas to the Central Administrative Court, seeking permission to go ahead with six suspended projects each. SCG's six projects worth over Bt30 b...
Polyethylene (PE) and polypropylene (PP) prices in Asia may rise on supply constraints caused by Saudi Basic Industries Corp (SABIC) cutting its product allocations to the region, possib...
Polyethylene prices in Asia have risen at the end of last week on aggravated shortage in the region. World number one PE supplier Saudi Basic Industries Corp. (SABIC) has suspended operat...
Faced with a shortage of feedstock naphtha in the region, Taiwan’s Formosa Petrochemical Corp. is considering to lower run rate. Supply constraints have been caused due to failure in time...
Shell’s Deer Park facility is facing a situation due to the extreme cold temperatures, though there is no danger to the surrounding community or the employees who were working at that par...
Saudi Kayan Petrochemical Co., a unit of Sabic, has received revised bids from four international firms to build a 210,000 tpa amines plant. Bids were revised by US-based Fluor Corp., Sou...
With effect from 30 December 2009, the number of OMV shares owned by Abu Dhabi's International Petroleum Investment Company (IPIC), has increased from 19.6% to 20% of. OMV Aktiengesellsch...
Post New Year Holidays, buyers are facing large hike requests for polystyrene in Italy as the January styrene contract settled €172/ton higher as per Chemorbis. A West European producer...
Players in major global markets are beginning to receive introductory offers for LLDPE film from Qatofin's new 450,000 tpa LLDPE plant in Qatar that commenced production in November 2009,...
Sharp upward movements in prices was seen in the first week of 2010, globally. Propped by rising ethane prices and better buying interest, ethylene prices have improved by about 90 dollar...
Two deaths were reported in an explosion at CNPC's petrochemical plant. The blast occurred at an oil tank farm 30 km from Lanzhou in Gansu province. Residential areas in the region were u...
The Dow Chemical Company and China Datang Inner Mongolia Duolun Coal Chemical Company, Ltd. have successfully completed the trial-run of the first UNIPOL™ Polypropylene (PP) Gas Phase Tec...
Borouge has announced incorporation of Borouge Sales and Marketing (Guangzhou) Co., Ltd. Supported by a Guangzhou based logistics hub capable of supplying approximately 246,000 tpa of val...
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