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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
LyondellBasell Industries has set operations at its Nansha-based new polypropylene (PP) compounding facility in China underway, with a nominal capacity of 15,000 tpa. The new facility is ...
Gross domestic product (GDP) growth in China has been projected to slow sharply to around 4-6% from around 9% this year. Given the current economic meltdown and the conditions of other ec...
LyondellBasell Industries has commenced production at its new 15,000 tpa polypropylene (PP) compounding facility in Nansha, China. The new facility is operated by Guangzhou Basell Advance...
BHP Billiton Ltd, an Exxon Mobil Corp's venture in Southeast Australia has halted supplies of ethane to chemical plants in Melbourne's west after a pipeline ruptured. The rupture was caus...
Sabic Innovative Plastics plans to cut over 200 jobs in Europe. The company is currently negotiating with representatives of the workforce, for which an agreement is expected to be reache...
Faced with declining demand in the face of a global economic meltdown, Turkey's Petkim had brought forward its annual maintenance turnaround earlier last month. Continued to be faced with...
CRUDE OIL Oil prices, that started the week at US$40, spiked as high as US$50 towards end of week. After briefly topping US$50 a barrel, oil ...
INEOS Technologies has recently signed two INEOS polyethylene technology licenses with newly formed Polimérica S.A., a joint venture between Venezuela's Pequiven and Brazil's Braskem. The...
Solutia Inc., an American performance materials and specialty chemicals company has appointed Celanese Corp. as its new marketing partner for the company's ethyl acetate product for the A...
Rhodia has obtained the W270 certification regarding aquatic micro organisms for its Technyl® A 218W V30 grade, a 30% Glass Fibre reinforced polyamide 6.6. The certified grade shows a sup...
German motor company Daimler AG and one of leading polymer companies Bayer MaterialScience AG are to cooperate more intensively in the future on the development of polycarbonate (PC) auto...
Konarka Technologies, an American company involved in developing polymer-based, organic photovoltaic (OPV) technology, has inked bilateral R&D and cooperation agreements with Total, one o...
DSM, Netherlands-headquartered life science and material science company is carrying out provisional plant shut downs and reduction of workforce in order as cost saving mechanism amid the...
After briefly topping US$50 a barrel, oil prices dipped by almost five dollars on Monday, despite threats of production cuts from OPEC. After postponing a decision to reduce output earlie...
In a bid to cope with deteriorating global demand, DSM has implemented temporary plant shutdowns across a spectrum of products in engineering plastics, resins and fibres businesses. Out o...
Apollo Management LP has reached an agreement to terminate its acquisition of Huntsman Corp. only after a Huntsman director suggested removal of lawyers from the talks. The ensuing negoti...
In 2007, China's PP production capacity reached 7.15 mln tons, increasing by 400,000 tons in the year. Sinopec and PetroChina, the two key PP producers accounted for 67.3% and 27.7% of Ch...
Joining the ranks of Dow, DuPont and BASF, French company Arkema has also arrived at a decision to reduce output or temporarily shutter its plants in a bid to cope with deteriorating dema...
Deteriorating demand caused by global economic meltdown has caused Royal Dutch Shell to shutter one unit at Moerdijk petrochemical plant in the Netherlands. There will be no job losses at...
Hindustan Petroleum Corporation (HPCL) is eager to up its stake from the present 16.97% in Mangalore Refinery and Petrochemicals (MRPL), depending on whether ONGC decides to divest a part...
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