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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
American company providing solutions in engineered specialty chemicals, Albemarle Corporation had recently announced that its polymer additives business has felt heat due to decline in co...
Dow released a statement on 28 December that it had been "verbally informed" by its partners at Kuwait Petroleum Corp (KPC) and PIC that the Kuwait Supreme Petroleum Council (SPC) was rev...
Braskem, the leader in the thermoplastic resins segment in Latin America and the third-largest petrochemical producer in the Americas, has announced that the capacity utilization rates at...
In 2009, Indian Oil Corp (IOC) plans expansion of the Panipat refinery and commission a naphtha cracker complex adjacent to it. The refinery will be expanded by three 3 mln tons to 15 mln...
World's top chemical makers are shrouded with uncertain prospects for 2009 triggered by persistently deteriorating demand amid a global economic meltdown coupled with frozen credit market...
Oil prices dropped on the first day of 2009, after spiking by almost 14% on the last trading day of 2008. Release of weekly US data on the last day of 2008 showed a decrease in refinery a...
Braskem, leading thermoplastic resin producer in Latin America announced plans to withdraw from its PET business by deactivating its temporarily suspended PET unit located in Camaçari Pet...
Japan's Mitsubishi Plastics, Inc. (MPI) recently launched its new super high gas barrier sheet based packaging film, X-BARRIER in European market. As per the company release, X-BARRIER ac...
Huntsman Corporation, global manufacturer of differentiated chemicals recently have received the final US$425 mln in payments from affiliates of Apollo Management, L.P., the company state...
VTC TPE Group, a global leader in the manufacture of thermoplastic elastomers (TPEs) has unveiled further developments to its growing Mediprene® compound range for medical device applicat...
Kuwait's abandonment of the massive US$17.4 bln Dow - PIC (Petrochemical Industries Company) joint venture shortly ahead of its proposed Jan 1 start-up might jeopardize Dow's planned acqu...
State-owned Chinese Petroleum Corporation (CPC) has received conditional approval from the Environmental Protection Administration (EPA) to revamp its third naphtha cracker in Kaohsiung C...
Lotte Daesan is set to merge with Honam Petrochemical Corp. Lotte Daesan owns a 1 mln tpa naphtha cracker, currently operating at 100% run rate, and Honam operates a 750,000 tpa cracker t...
Brazil's Braskem plans to deactivate and permanently shutdown its 78,000 tpa PET plant in Camacari by the end of 2008. Shutting down the plant and exiting the business would result in an ...
South Korea's Lotte Daesan Petrochemical has shelved its 2009 contract with Saudi Aramco for 150,000 tons of naphtha, in favour of better offers from other sellers. Lotte Daesan, set to m...
World Number 3 petrochemical company LyondellBasell that has been struggling to cope with deteriorating petrochemical demand amid production cuts at some locations amid a global economic ...
After successfully acquiring a US$533 mln loan from a state-owned fund, Saudi Kayan Petrochemical Co has secured US$6 bln financing, an agreement for which has been signed with the Saudi ...
The work on Qatar-based massive petrochemical complex planned by a 70:30 joint venture between Qatar Holding and Korea's Honam Petrochemicals has been stalled owing to global financial wh...
France's leading chemical maker and global major, Arkema has warned of a 15% year-on-year decline in sales and a 9% reduction in EBIDTA for for Q4-08 owing to the considerable customer de...
FLEXcon, ISO 9001-certified manufacturer of pressure-sensitive films and adhesives has recently introduced its V-483 permanent pressure-sensitive acrylic adhesive which the company claims...
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