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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
Kuwait is to call off a deal to form a US$17.4 bln petrochemical joint venture with U.S. company Dow Chemical. Dow Chemicals (DOW.N) and Kuwait Petroleum Corp (KPC) announced a US$19 bln ...
Oil prices peaked to US$147 per barrel in July 2008, and slid to less that US$40 in December 2008. When oil hit a record $147 a barrel in July, speculators were blamed as the culprits, as...
Indian Oil Corporation (IOC) has decided to put on hold a petrochemical complex, originally planned to be set up along with a 15 mln tpa export oriented refinery in Paradip. Several facto...
LRM Industries, LLC-a NOVA Chemicals / Envirokare Tech joint venture has been selected by Eastern Rail Corporation to manufacture thermoplastic composite infrastructure components for the...
Manufacturer of sustainable bio-based plastics Cereplast, Inc. will supply DenTek®, a leading American oral care company, with bioplastic resin for its new Natural Floss Picks, the first ...
The pre-assembled structural insulated panels (SIPs) - polystyrene foam sandwiched between oriented strand boards for structural framing, insulation, and exterior sheathing needs- will in...
The thirteen month old lockout between Petro-Canada-Canada's no.4 oil exploration and refining company- and its workers at its 130,000 bpd Montreal refinery has ended with the workers sch...
U.S. based leading manufacturer of PET bottles for food and beverage markets, Constar International's Vertical Compensation Technology ™ (VCT™) - a technology of making panel-less bottle ...
AkzoNobel has agreed to acquire a 75:25 majority interest in its Kayaku Akzo Co. Ltd (KAC) joint venture with Japan's Nippon Kayaku. KAC has been a 50:50 partnership between the two compa...
LyondellBasell Industries, one of the leading polymers, petrochemicals and fuels companies will increase prices in Europe by EUR 50/ton on all of its polyethylene grades effective January...
China National Petroleum Corporation (CNPC) is reportedly expected to start construction work for its new Chengdu-based plant in Pengzhou shortly. The facility will house a 10 mln tpa oil...
Uncertain of benzene market movement and trends, cautious market players were conspicuous by their absence. As a result, prices steadied at last weeks' US$310/MT FOB Korea. Absence of mar...
Owing to the current global financial turmoil, Kazakhstan has stalled construction activities of oil refineries in Batumi and Ceyhan seaports (Georgia), a senior official of the KazMunaiG...
As demand from China continues to sound, firmness in the polypropylene markets has persisted, with CFR China January shipment deals getting concluded at US$785/MT CFR China. After success...
Leading worldwide supplier of catalysts, Johnson Matthey Catalysts has unveiled the new Snapcure2000 series titanium-based catalysts as replacement for mercury catalysts which are designe...
American specialty materials company, Momentive Performance Materials Inc. recently announced restructuring and cost-saving actions in response to the downturn caused by the current econo...
Chinese buyers who have sufficient stockpiles for the month are refraining from further deal conclusion on the expectation that prices would fall. If deteriorating crude oil prices plumme...
As per data released by the Energy Information, crude oil inventories fell for the second time in 13 weeks by 3.1 mln barrels in the week ended Dec 19, while gasoline and distillate stock...
Suppliers have suspended LDPE and LLDPE offers for January on limited availabilities, making the Asian markets almost dormant. Suppliers from the Middle East and South Korea continue wi...
China-the world's fourth-largest economy, grew at the slowest pace in 5 years in Q3-08 amid reduced export demand triggered by the global financial crisis. Exports fell for the first time...
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