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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
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...
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...
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