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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
Bayer's Q2 profits beat analysts' expectations, despite a dramatic 36.4% drop in Bayer MaterialScience (BMS) sales. In Q2-2009 the Bayer Group's businesses turned in a robust performance ...
Thailand's Siam Cement Group (SCG) has posted better-than-expected Q2 results, with net profits of 6.83 billion baht. Q2 profits are up by 32% from the previous quarter mainly propped by ...
In a move that will aid the company to sustain the growth of the specialty acrylic polymer market in Asia, Arkema plans to set up an acrylic plant at its Changshu site as an outlay of €15...
As weak US consumer confidence data added to doubts over the pace of economic recovery in USA, oil prices dipped below US$67 a barrel after 9 consecutive sessions of gains. US crude dippe...
Global polyethylene consumption declined by 3.7% in 2008, as per a report by Townsend Solutions. In 2008, 66.7 miln tones of polyethylene were consumed around the globe, down from about 6...
Delays to projects scheduled to start up in 2009-2010 has been to the advantage of existing players as per ICIS. This added time offers breathing space to major producers, after Q4-08; po...
Iran's National Petrochemical Company (NPC) plans to get totally privatized. For this, the company plans to offer all shares of domestic petrochemical firms to the public in a holding com...
CNOOC and Shell Petrochemical Co.’s JV plans to invest 1 billion yuan to expand its capacity by 20%. The expansion is planned for completion by mid-2010. Current capacity includes a 800,0...
In a bid to cope with escalating feedstock cost prices, LyondellBasell Industries plans to increase prices by €70/ton of polypropylene grades sold in Europe, with effect from August 1, 20...
Despite a 4-5 month delay, the Assam Gas Cracker Project is unlikely to suffer time overruns as the company strives to complete the Rs 5,460-crore project as per schedule, within 60 month...
Company officials have handed over the detailed project report of work in progress at the Guru Gobind Singh Oil Refinery at Bathinda by HPCL-Mittal Energy Ltd. (HMEL) to Industries and Co...
Sinopec Maoming plans to shutter its petrochemical complex at Maoming for a month long maintenance shutdown in October, bringing forward the date from August. This will be in tandem with ...
Romanian chemical plant Oltchim has approved plans to borrow €62 million (US$88 million) to buy petrochemical assets of Petrom's Arpechim Pitesti (refinery), as well as for working capita...
The National Association for PET Container Resources (NAPCOR) has countered the idea that polylactic acid (PLA) containers can be successfully mixed with the existing stream of recycled p...
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,...
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