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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
Cargill has broken ground on a US$22 million BiOH™ brand polyols manufacturing plant in Chicago. This will be the first world-scale biobased polyols plant, and is estimated to be operatio...
The North American market for plastic rigid food packaging will surpass 6.2 mln tons in 2008, as per a report by BCC Research. The market is forecast to increase to over 17.2 billion poun...
South Korea's largest chemicals maker - LG Chem, has recorded a 60% increase in net profits fro the quarter. Net profit for Q2 was at 375.3 bln won (US$372.2 mln). This dramatic rise can ...
Michigan will house the headquarters of new company K-Dow Petrochemicals, a US$11 bln JV between Dow Chemical Co. and Kuwait's Petrochemical Industries Co. (PIC). The new company will est...
Egypt's EChem is expected to ramp up the output at its Alexendria-based polyvinyl chloride (PVC) plant by 50% from 80,000 tpa to 120,000 tpa by the year end. Also, EChem is slated to expa...
Fighting to cope with escalating naphtha costs, Japan's leading petrochemicals producer, Mitsubishi Chemical Corp. plans to go ahead with a 10% - 15% increase in the prices of nearly all ...
AMI's Masterbatch conference took place in Barcelona, Spain from 24-26 June 2008. Andrew Reynolds of AMI began by describing the effects of changes in the overall polymer markets on the ...
CRUDE OIL Oil prices ended the week of July 14, 2008 at US$145 per barrel, the same level as last week. However, the week saw plenty of movem...
Tuesday saw crude oil futures close six dollars lower than start of day on concerns that oil demand will slump on slowing economic growth that sparked off a broad sell-off in energy commo...
Fujian Refining & Petrochemical Company (FREP) is building a refinery and petrochemical complex in Quanzhou, Fujian Province, China. The project, planned at a total investment of US$3.5 b...
Albemarle Corporation has strengthened its position in the specialty chemicals sector, moving up as a leading manufacturer and supplier of polymer antioxidants in China and one of the top...
A plan to shift the existing location to a new one and thereafter increase capacity of the ethylene unit of Sinopec Shanghai Petrochemical Company has been approved by The National Develo...
In an attempt to make Iran's economy less oil-dependent, the nation has drafted a plan to boost its non-oil exports by laying special emphasis on the petrochemicals sector. Among other se...
Saudi Basic Industries Corp. (SABIC), world's leading chemical firm by market value, is slated to earn a Q2 net profit of US$1.9 bln, rising 9.2% from the quarterly earnings of US$1.74 bl...
Millad NX8000, Milliken Chemical's range of breakthrough Polypropylene (PP) clarifiers has bagged the 2008 R&D 100 Award for innovative products. Millad NX8000 clarifying agent makes high...
Pending approval from regulators, China National Offshore Oil Corp (CNOOC) plans to invest 17 bln yuan in a petrochemical complex in Hebei province. The complex will be planned with an an...
Affected by record high oil prices, another petrochem major in Japan has announced output cuts. With effect from August 1, Mitsui Chemicals plans to reduce operating rate at one of its tw...
SOCAR-Turcas-Injaz consortium that has recently acquired Turkish petrochemicals manufacturer Petkim, plans to almost double capacity at the plant. The new owners plan an investment outlay...
The European Commission has set August 13 as the deadline to complete an inquiry into Total SA. and Sonatrach's proposed two joint ventures in Algeria. The new entities will construct and...
Japan Energy Venturing has attained the distinction of being a forerunner in the country to use processed waste plastic as a thermal cracking fuel. Japan’s sixth largest refiner has becom...
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