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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
In a bid to boost the country’s refining capacity, National Development and Reform Commission (NDRC) has approved China National Petroleum Corp.'s plans to construct a 10 mln tpa refinery...
Deteriorating demand from China has failed to impact the bullish sentiments of petrochem producers in South Korea- Naphtha units are currently running at almost full capacity despite conc...
China National Offshore Oil Corporation (CNOOC) has launched construction of a deep catalytic cracking (DCC) project with an investment of 50 bln yuan in South China's Hainan province. Sc...
With effect from 1 March 2009, Ineos ChlorVinyls plans to hike prices of its S-PVC grades in Europe by €80/ton. This hike has been triggered by erosion of S-PVC margins resulting from the...
Exxon Mobil Corp has shuttered a few units in its refinery and chemical plant in Jurong Island, Singapore for six weeks of planned maintenance. The turnaround will include the aromatics u...
The Federal Government has approved the sale of 10% equity in Eleme Petrochemicals Company Limited (EPCL). Out of this, 7.5% will go to the host communities, 2.5% to EPCL staff, while the...
Benchmark crude for April delivery has fallen by more than a dollar to US$$43.7 on the Nymex, and Brent prices settled at US$45.19 on the ICE Futures exchange in London. This fall has bee...
Spain-based thermoplastic polyurethane producer, Merquinsa has recently been granted the Frost & Sullivan 2008 Global Thermoplastic Urethane (TPU) Product Innovation Green Excellence of t...
Making strides towards development of cheap, mass-manufactured solar cells, researchers from an Australian consortium have devised a way to print flexible, large area, reel-to-reel plasti...
Sasol-Huntsman, an equally owned joint venture between South Africa's oil major Sasol and USA's specialty chemicals company Huntsman Corp., has bagged financing to increase its maleic anh...
Taiwan's Formosa Petrochemical Corp. (FPC) will resume operations at its 700,000 mtpa No.1 ethylene unit as the demand in its export markets climbs. Concurrently, Taiwan's public-listed o...
According to China's National Development and Reform Commission, the mainland's top economic planning think-tank, the world's second largest energy consumer after US plans to build 9 crud...
Alcan Packaging, a global leader in specialty packaging, has sold its Arras food flexible packaging plant in northern France to Plastienvase Francia Sarl, a 100% subsidiary of Plastienvas...
Demand for medical plastic in the US is forecast to expand 2.6% annually to 5 bln pounds in 2012, valued at US$6.55 bln as per a report by reportlinker. Growth will be driven by the great...
An explosion has occured at Yangtze Petrochemical Company’s Polypropylene (PP) unit, caused by the leak of catalyst. It took the savers three hours to stop up the leak. The extent of los...
Despite reporting a Q4 operating loss, Huntsman Corp. has interestingly posted a net profit, mainly because of a US$1 bln settlement from a failed merger with Hexion Specialty Chemicals I...
After successful overhaul and revamping of its polypropylene (PP) unit post afire break out, Stavrolen (a LUKOIL Group petrochemical facility), has resumed commercial output. A total prod...
Oil and Natural Gas Corp (ONGC) is planning an initial public offering (IPO) in about 18 months, to hive off up to 25% equity stake in ONGC Petro-additions Ltd (OPaL), the special purpose...
China’s State Council has approved a stimulus plan for the industry to help spur growth in the slowing economy earlier this month. The government will seek to boost domestic demand, incre...
Taiwan’s Formosa Petrochemical Corp. is mulling a 2-4 week long shutdown of its 1.2 mln tons No. 3 unit to repair a mechanical fault. To cork the supply gap, and benefit from this years’ ...
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