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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
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...
Haldia Petrochemicals’ management has agreed to a 146% wage revision in a bid to deal with the indefinite strike by temporary workers. CITU has called off its strike at Haldia Petrochemic...
In response to requests from design engineers and OEMs for increased durability to meet the requirements of more demanding applications in the automotive and industrial equipment industri...
As part of it's drive to become one of Southeast Asia's leading petrochemical producers, Siam Cement has planned its foray into the emerging markets of Asia. Thailand's largest industrial...
CRUDE OIL Oil prices ended the week of November 23, 2009 above US$78 a barrel, as tensions mounted between Iran and the Western countries. Mi...
LyondellBasell has made the following statement regarding RIL’s attempt to take over a controlling stake in the major. "LyondellBasell has received a preliminary non-binding offer from ...
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