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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
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...
The technology group The Linde Group and its consortium partner Samsung Engineering, Korea, have been awarded a contract to build a turnkey ethylene plant in Dahej, India. The plant has b...
Poland's leading fuel company, PKN Orlen has proposed a 5-year outlay of PLN 4 bln for its petrochemical projects in order to twice its capacity from 800,000 tpa to 1.6 bln tpa, and grow ...
As a result of OPEC's (Organization of Petroleum Exporting Countries') 2.2 mln bpd oil output cut-its largest ever output curtailment-Abu Dhabi Nation Oil Company (ADNOC) will trim oil su...
Univenture, Inc., a leading American inventor-cum-manufacturer of a robust line of eco-friendly packaging, media and document storage products launch its new retail line. The new line is ...
LyondellBasell has postponed the deadline to repay US$160 mln in fees to lenders and is holding negotiations with the lenders about restructuring debt obligations. LyondellBasell was form...
Global economic meltdown and pessimistic markets has compelled Qatar to suspend the progress of its 70:30 joint venture with Honam Petrochemical Corp planned with a capacity to produce 1....
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