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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
Several downstream SBR, BR and ABS plants in China, Taiwan, South Korea and Japan have imposed production cutbacks or shutdowns. The resultant combination of deteriorating demand and moun...
Korea's Financial Supervisory Service (FSS) has announced downsizing of construction and shipbuilding businesses early next year. The other industries likely to get restructured leading t...
China's largest ethylene producer, Sinopec Shanghai Petrochemical Co Ltd has forewarned a loss for FY-08 driven by a 60% reduction in its major products largely due to drastic decline in ...
Polyone Corporation has recently updated its outlook for the Q4 - 2008. The company expects the revenues to go down by approximately 15% in the Q4 - 2008 compared to the same period last ...
Owing to low naphtha exports from India, Bharat Petroleum Corp Ltd (BPCL) has fetched a relatively high premium of US$35-40/ton to Middle East quotes, FOB basis on the recently sold 20,00...
NASA has named the multi-use "Polyimide Foam" as the 2007 NASA Commercial Invention of the Year by NASA. The foam insulates for sound, heat and cold with aerospace and down to Earth appli...
India's Oil and Natural Gas Corporation (ONGC) has decided to proceed full throttle with its proposed petrochemicals projects at Dahej in Gujarat. ONGC Petro-Additions, a special purpose ...
Colossal drop in product prices by 60% this year triggered by deteriorating demand has caused China's largest ethylene producer Sinopec Shanghai Petrochemical Co Ltd to expect a major los...
As opposed to speculation of postponement to the new year, Reliance Industries is expected to commission its second refinery in Jamnagar later this week. Reliance Petroleum is setting up ...
Oil prices have disintegrated by 78% since peaking to record highs above US$147/barrel in July, to four-year lows in London in volatile pre-Christmas trade amid a pessimistic economic out...
CRUDE OIL Crude oil prices have ended the week of December 22, 2008 at new lows of US$33.8 in New York, mainly pushed down by lackluster de...
Germany's DyStar Textilfarben GmbH & Co. Deutschland KG and BASF SE have recently signed a cooperation agreement on joint research and development aimed at improving the dyeing of textile...
PolyOne Corporation, a premier provider of specialized polymer materials, services and solutions, has recently announced its portfolio of value-added solutions that help customers meet ne...
Saudi Aramco, world's leading oil producer and Kuwaiti state-owned Kuwait Petroleum Corp. (KPC), are reportedly in discussion with India's state-run Hindustan Petroleum Corp. Ltd (HPCL) f...
Japan's Mitsui Chemicals, Inc. (MCI) decided at a Board of Directors Meeting held on December 19, 2008, to merge its wholly-owned subsidiary, Kyodo Monomer Co., Ltd. with the parent compa...
Borealis, a leading provider of innovative value creating plastics solutions, has reintroduced its blow fill and seal (BFS) low density polyethylene (LDPE) products to the market in respo...
The strong demand for naphtha in the Indian domestic market and plummeting exports have fetched a higher premium for India's Mangalore Refinery and Petrochemicals Ltd (MRPL) on the 30,000...
Kraton Polymers LLC, one of the leading producers of engineered polymers, has announced to curtail global production of styrenic block co polymers (SBCs) by a massive 50% due to rising 'd...
Deteriorating demand amid a global economic meltdown has stunted the growth of China's petroleum and chemical industry in November. As per the China Petroleum and Chemical Industry Associ...
A consortium led by Samsung Engineering Co. that includes Linde AG, has signed a US$1.4 bln deal to build an ethylene plant in Gujarat, Western India. Construction of the plant, with annu...
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