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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
Braskem and Idesa, the two partners in Ethylene XXI project are seeking finance for a planned US$2.5 bln venture. Braskem and Idesa have also held conversations with export-import banks,...
Sumitomo Chemical Co. and Saudi Aramco have celebrated the completion of a major petrochemical plant built in Rabigh, western Saudi Arabia. The new plant, built at a cost of US$10.3 billi...
Futerro has started up its 1500 tpa demo unit in Escanaffles, Belgium to test a state-of-the-art technology for the production of Polylactic Acid (PLA). The technology has been developed ...
Ethylene output in Japan rose 19% in October vs October 2008. Output increased to 631,400 metric tons as petrochemical producers boosted operating rates to meet recovering demand from Chi...
After ardous negotiations, Kuwait Petroleum Corp (KPC) has terminated contracts for December-November annual naphtha contracts with all Japanese buyers, in a never before move. This has l...
Saudi Basic Industries Corporation (SABIC) has officially inaugurated the new premises of its Asia Pacific headquarters in Singapore. The ceremony took place in conjunction with the inter...
As tropical storm Ida weakened along with a dip in the US dollar, oil prices rose past US$79/barrel. Earlier in the day, Ida had been listed as a Category 1 hurricane and was estimated to...
CRUDE OIL A marginal rise was seen in crude oil prices past US$77 per barrel in New York in the week of November 9, 2009. Prices rose mid wee...
State-owned Qatar Petroleum International is to acquire a stake in Royal Dutch Shell PLC's chemical joint ventures in Singapore. Other details have not been disclosed. Shell Eastern Petr...
A joint collaboration technology project between Saudi Aramco, KFUPM, Japan Cooperation Center-Petroleum (JCCP) and Nippon Oil has initiated a project to convert low-value, heavy gas-oils...
Reliance Industries is planning acquisition of American assets of LyondellBasell, in a bid to extend the reach of his petrochemical business into foreign. LyondellBasell collapsed in Janu...
Arkema is joining forces with Taiwanese chemicals manufacturer Chang Chun Petrochemicals Co. Ltd. to distribute its Evasin® EVOH copolymers. EVOH (Ethylene - Vinyl Alcohol) is a high barr...
The global market for HDPE pressure pipes will grow from 4010,000 tons in 2008 to 4992,000 tone in 2013, according to SABIC. The major geographic regions using this type of pipe are Euro...
The outlook for the petrochemicals industry has improved significantly from a year ago due in large part to the economic recovery in emerging countries as per ICIS. As the pace of recover...
New findings could lead to improved treatment of neurological disorders such as Parkinson’s disease and paralysis. Brain implants that can clearly record signals from surrounding neurons ...
Saudi Kayan Petrochemical Company (SAUDI KAYAN) has awarded a contract to the plant technology licensor KBR to develop and implement an Operator Training Simulator (OTS) for its grassroot...
India’s gas major GAIL India has revived plans to set up an integrated refinery-cum-petrochem plant by forming a consortium of Indian companies. GAIL is in talks with oil and petrochem ma...
The global structure of polypropylene and polyethylene production is poised to change dramatically as capacity rises in China and soars in the Middle East as per Companiesand markets. As ...
The South Korean parliament has ratified a free trade agreement (FTA) with India, leading to elimination or lowering of tariffs on over US$15 bln in annual bilateral trade. The trade pact...
Despite deal conclusion at premium of US$14/ton with CPC, Kuwait Petroleum Corp (KPC) has brought down premiums on term naphtha to US$13/ton. This is the first time the company has reduce...
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