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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
Tetra Pak has inked a deal with Braskem to try use of renewable HDPE for manufacture of plastic caps and closures. Under the terms of agreement, Braskem will supply Tetra Pak with 5000 tp...
Qatofin’s US$1.2 bln world-scale linear low-density polyethylene (LLDPE) plant with capacity to produce 450,000 tpa has been inaugurated at Mesaieed. The plant, located at the Qapco site,...
The ruling council for Beaujolais Nouveau wines in France plans to ban a switch to PET bottles and cartons being considered by wineries. In a bid to safe guard the wine region's image, wi...
Hitachi Plant Technologies Ltd. has been awarded the licensing and basic engineering order for PBT production process by China Petrochemical International Co. Ltd. (Sinopec). Hitachi will...
German chemical company Bayer AG’s arm -Bayer MaterialScience has inked a deal to for a Polycarbonate sheet JV with India’s Malibu Plastica Limited. Malibu Plastica is a pioneer of polyca...
Saudi Basic Industries Corporation (SABIC)Saudi Basic Industries Corporation (SABIC) and German-based The Linde Group announced today the first successful co...
China signed an initial free trade agreement (FTA) with the 10 members of Asean including Indonesia, Singapore, Thailand and Malaysia in November 2002. 2010 was set as a deadline by both ...
In a move that will augment Qatar’s polyethylene production in excess of 1.2 mln tons, Qapco-3 has been planned. The multi-billion dollar plant, to come onstream in 2-3 years will produce...
Light, sweet crude for January delivery dipped to this month’s lowest levels at US$76 on the Nymex, while Brent crude dropped to US$76.4. This has been the lowest settlement price since O...
India's Chennai Petroleum Corp., a unit of India's largest state-run refiner Indian Oil Corp., has delayed a two-month shutdown at its Manali refinery to end-December. The delay has been ...
The Free Trade Agreement (FTA) between India and the Gulf Cooperation Council (GCC) has come to a virtual standstill. Discussions between the two sides have been postponed to February, le...
Persistently steady oil prices coupled with rising costs of inputs naphtha and ethylene has propelled polyethylene prices in Asia in the past few weeks. As a result, an increased number o...
China’s largest refiner - Sinopec and US private equity investment firm TPG are not in the race to acquire a stake in LyondellBasell. It was earlier reported that the two are considering...
Reliance Industries Ltd has made a preliminary offer to acquire a controlling stake in LyondellBasell. The exact value of the deal or the stake that RIL proposes to buy in LyondellBasell ...
Saudi International Petrochemical Company (Sipchem) will start up its new 330,000 tpa vinyl acetate monomer (VAM) plant in Jubail Industrial City in early December. Earlier this week, Sip...
Rising costs of feedstock propylene amid unwavering buying sentiments have been witnessed in China’s polypropylene markets this week. Higher prices are beginning to catch up in Southeast ...
Ethylene prices could rise in H1-2010 in Asia on tighter ethylene supplies anticipated in 2010 due to a heavy turnaround schedule at steam crackers. However, a possible increase in export...
Japan's Cosmo Oil Co. Ltd. plans to invest US$600 mln in a joint petrochemical project in South Korea with Hyundai Oilbank. The facility is planned to be a benzene, toluene and xylene (BT...
Oil ministers from Iran and Oman are in a fresh round of talks. The focus of the talks will be development of the Kish and Hengam gas fields in the Persian Gulf, the joint construction of...
A collapse in demand from industrial customers in the automotive and construction sectors will see a decline in sales and output of up to 20% in some polymers as Germany heads towards its...
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