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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
The Middle East and North Africa region has embarked on an ambitious drive to expand its downstream footprint, investing heavily in refining expansions and greenfield projects, and plough...
Formosa has renewed its commitment to develop a petrochemical and oil refinery project in Vung Ang Economic Zone in Vietnam’s central province of Ha Tinh. The US$12.4 bln project had rece...
Economic recovery holds the key to global US$19 billion composites industry regaining a positive growth trajectory, as per a report by Lucintel. There were dramatic changes in the composi...
South Asian Petrochem Ltd (SAPL)’s PET plant has been delayed due to differences between Egypt's ministries of petroleum and transport over land lease agreement. The company expects the U...
(RIL) has announced a worse-than-expected decline in profit in the quarter ended 30 June, as margins from its refining business halved and the global recession reduced fuel demand. The ou...
The Technical Rubber Products (TRP) business unit of specialty chemicals group LANXESS AG is to increase its prices for ethylene propylene diene rubber (EPDM) globally effective August 1,...
SK Energy has announced its Q2-09 earnings results. Amid continued volatile business environment and global economic slowdown, the South Korean major has recorded a rise in net income by ...
Gas Authority of India Ltd (GAIL) has reported a 27% drop in net profit for Q1 of the current fiscal due to lower realisation from LPG (Liquefied Petroleum Gas) and liquid hydrocarbons an...
Dexco Polymers LP, a 50:50 joint venture of The Dow Chemical Company and ExxonMobil Chemical, has completed a significant investment to increase production capability at its Plaquemine LA...
Several positive corporate earnings reports has infused optimism about the recovery of the US economy, propping up oil prices at the end of last week. Positive data from the economies of ...
US demand for active and intelligent packaging will climb 8.3% pa through 2013, driven in part by food safety concerns and losses in perishables as per Freedonia. Intelligent packaging wi...
Saudi Alujain’ subsidiary, National Petrochemical Company (Natpet), has received nod of approval from the Saudi Public Investment Fund (PIF) to procure additional financial loan of US$75 ...
As low halogen content standards become common in the electronics industry, Chevron Phillips Chemical Company LP’s (Chevron Phillips Chemical) Engineering Polymers group has unveiled seve...
The US Food and Drug Administration (FDA) has granted approval for Constar’s new DiamondClear® oxygen scavenging technology for polyethylene terephthalate (PET) containers. Under this Foo...
A Subsidiary of Oil and Natural Gas Corp. (ONGC) - Mangalore Refinery and Petrochemicals Ltd., plans to invest Rs 18 billion in a 440,000 tpa polypropylene plant. The formalization of the...
Ineos Olefins & Polymers, USA, has offered US$1 mln (€700,000) in cash to LyondellBasell for a 500 million lbs HDPE plant in Chocolate Bayou, Texas. LyondellBasell is to shutter the plant...
The Chemical and Fertilizers Export Council reported that the Egyptian chemicals industry recorded exports of US$10bn in H1-08, representing growth of 47.5%, as per a report by companiesa...
The Asian region is faced with a situation of oversupply this month. Approximately 1.7 mln tons of spot naphtha will be delivered to Asia next month from Saudi Arabia, Kuwait, Europe, the...
Approximately 1.7 mln tons of spot naphtha will be delivered to Asia next month from Saudi Arabia, Kuwait, Europe, the United States, Mediterannean and India, as against last month’s 1.4 ...
Petrochem makers in India have been canvassing for a duty differential between naphtha and polymers. But the Government has reiterated that there was no duty inversion when customs duty ...
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