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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
Ethylene markets of Asia gained strength on restricted supplies and limited buying as most players retreated from the markets on account of Christmas and New Year week. Interestingly, pro...
Huntsman Corporation's recent US$1 bln out-of-court settlement will help the company tide over waning demand from the automotive sector, strengthen its bottom line and maintain healthy le...
Ineos has inked an initial agreement to hive off its Italian vinyl chloride monomer (VCM) and PVC production operations run by Ineos Vinyls Italia, to existing board member Sartor's Safi....
Dow Chemical Co. seems close to complete the acquisition of Rahm & Haas for US$15.3 bln before Tuesday's opening bell. The US$78/share purchase price increases daily if the deal does not ...
As the company seems poised on the verge of bankruptcy, LyondellBasell's bonds traded at a value at approximately 10% of face value. Currently, the company is caving under the weight of a...
In a bid to expand its engineering polymer business, the Lubrizol Corp has acquired the thermoplastic polyurethane (TPU) business from The Dow Chemical Company located in La Porte, TX. Th...
Light, sweet crude for February delivery rose to US$47 on the New York Mercantile Exchange on Monday in Asia when tensions mounted as Israel amplified a ground offensive against Hamas mil...
Ciba recently announced that it will shortly begin producing its phenolic antioxidants for lubricants & fuels in its newly commissioned Singapore facility. This investment, which will ena...
Automobile major Toyota Motor Corporation (TMC) has plans to increase use of plant-derived, carbon-neutral* plastics to 60% of the interior components in more vehicle models, starting wit...
Specialty chemicals major LANXESS AG has recently announced postponement of investment projects due to the current global economic crisis to achieve 'financial flexibility' for 2009. Acco...
Specialty chemical maker Albemarle Corporation and International Chemical Investors Group (ICIG) announced that Albemarle Chemicals SAS, a wholly owned affiliate of Albemarle Corporation,...
North American manufacturer of chlorovinyls and aromatics, Georgia Gulf Corporation has recently announced indefinite closure of its 450 mln pounds pa PVC plant in Sarnia, Ontario (Canada...
Fog halted ship traffic along the central US Gulf Coast on Friday, including at port of Houston. The Houston Ship Channel, serving Houston, Galveston and Texas City; Sabine Pass to Beaumo...
The US Energy Department seeks to benefit from low oil prices currently at about half their year-ago levels, and has decided to buy 12 mln barrels of crude oil for the 727 mln barrel Stra...
Huntsman Corp has received the final US$425 mln in payments from affiliates of Apollo Management, L.P. The payments were made pursuant to Huntsman's agreement with Hexion Specialty Chemic...
Deficient demand for ethylene and propylene manufactured at LyondellBasell's Chocolate Bayou plant has compelled the company to keep the facility shuttered indefinitely. The move is an at...
Japan's Toray Industries, Inc. recently announced an establishment of development and production base for carbon fiber reinforced plastics (CFRP) in Europe in a move aimed at expanding it...
RESINEX, leading European plastics distributor has been appointed by Dow, to distribute the "Dow Wire & Cable" portfolio in Italy, France, Spain and Portugal as of January 1st, 2009. This...
Japan's Idemitsu Kosan Co. has announced to increase production capacity for syndiotactic polystyrene (SPS) resin, which is made using proprietary technology and sold both domestically an...
U.S.A based leading provider of high performance polymer tubing, Zeus, Inc. has expanded its current portfolio to include Insulated PEEK Wire. Zeus Insulated PEEK Wire is insulated cooper...
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