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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
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...
Huntsman Corp has received US$325 mln termination fee provided for in the Merger Agreement between Huntsman and Hexion Specialty Chemicals, Inc. Hexion committed to pay the termination fe...
Dow Chemical International Pvt. Ltd., Dow's Indian arm plans to exit the petrochemical business to focus on speciality chemicals. As of now, the Indian arm buys petrochemical products fro...
Food packaging is the main application for film, comprising 74% of the market according to Andrew Reynolds, Research Director at Applied Market Information. Of this, roughly 12% is used i...
Akzo Nobel has commenced construction of an ethylene amine, ethylene oxide project at Ningbo. The project will build a 35,000 ton ethylene amine facility and an affiliated 73,000 ton ethy...
Merquinsa has developed the world first ether-based Bio TPU grades introducing it at the Bioplastics Awards Conference. This new plant-based development is the last addition to the growin...
Board of Directors at Braskem has approved the Green Polyethylene Project. To be built at an investment of R$500 mln, the project will produce ethylene and polyethylene from sugarcane eth...
Vietnam's Deputy Prime Minister has agreed in principle to allow the Vietnam National Petroleum Corporation (Petrolimex) to go ahead with the Nam Van Phong Petrochemical Complex project. ...
Deteriorating demand amid global economic meltdown has led to idling of olefins unit by Equistar Chemicals at Chocolate Bayou, Texas until demand builds up. The olefin unit has a nameplat...
Russian major petrochem major SIBUR holding had recently announced to divest its methanol business to focus on the development of core activities, the company release said. SibMetaKhim LL...
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