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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
Oil prices have spiked by more than 7% to hover around US$45 a barrel on release of data showing an unexpected drop in US crude stocks and an increase in gasoline demand. Also supporting ...
The proposed Guangdong Nansha integrated oil refinery and petrochemical project, it's development and potential environmental impact on Hong Kong Hong is being scrutinized by the country’...
Qatar Petrochemical Company (QAPCO) has signed an Ethylene Sales Contract with Sumitomo Corporation of Asia (SCA) at an estimated value of US$23.4 mln. As per the contract QAPCO is to sup...
Samsung Total Petrochemicals has resumed production at the Daesan cracker that had been shut for a couple of days due to a technical glitch in the cooling unit. The 850,000 tpa plant...
Samsung Total (Korea), an equally owned joint venture between Samsung Group and Total Group, recently completed its new construction of the 4000 ton capability tank for LPG in Daesan manu...
Cinpres, a UK-based world technology leader in gas assisted molding, and Moldflow, a global leader in 3D digital prototyping and analysis, have struck a deal to offer digital prototyping ...
China National Offshore Oil Corporation (CNOOC), one of China's largest offshore oil and gas producer, will set its new Huizhou-based US$2.8 bln worth oil refinery operations underway in ...
Filtrona, a UK-based international, market leading speciality plastic and fibre products supplier, has agreed to sell-off its subsidiary, Filtrona Extrusion, Inc. to Extrusion LLC, a subs...
Deteriorating demand amid a deepening global economic crisis, and overcapacity for low density polyethylene (LDPE) in North American markets has compeled Dow Chemical Company to shut down...
A production line at its Reliance’s Jamnagar polypropylene plant, shut in last wek of February due to a mechanical fault, has been restarted, and reported to be running at full capacity. ...
A minimum of 300,000 tons of naphtha will find its way into the Asian markets from Europe and South America, landing here in April. Reduced freight rates and last week’s fleeting downturn...
As per a court ruling, BASF- world number one chemical producer cannot pull out of a partnership involved in the 2007 buyout of Lyondell Chemical Co. by Access Industries Holdings. A judg...
ONGC Petro-Additions Ltd (OPAL) is currently holding negotiations with three strategic investors for purpose of investment as well as assured purchase of end products from the Dahej plant...
Hexion Specialty Chemicals, Inc., posted a net loss of US$921 mln for Q4 - 2008 versus a net loss of US$63 mln the same period last year mainly due to an operating loss of US$876 mln agai...
BorsodChem, leading Hungarian producer of plastic raw materials and isocyanates, will defer its planned 200,000 tpa TDI expansion for 2009 by at least an year due to the provisional weakn...
Two leading North America-based automotive trim suppliers--Guardian Automotive and Siegel-Robert Automotive--have come together to create SRG Global, Inc., a global mega brand unrivaled i...
APEC, a division of Helix Medical and manufacturer of high precision medical device components and subassemblies, recently announced expansion of its state-of-the-art medical device manuf...
A grim economic outlook amid the global economic meltdown has not fazed Archer Daniels Midland Co. (ADM). ADM continues to remain unfazed in this challenging scenario and is committed to ...
After Abu Dhabi's International Petroleum Investment Corp (IPIC) arrived at a decision to acquire Nova Chemicals Corp. for about US$500 mln, the company has abandoned plans to lay off 400...
Crude oil for April delivery has moved up by US$1.50 to US$41.65/barrel, on news that OPEC plans to devise a “solution” to boost oil prices when it meets on March 15. Oil prices plunged...
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