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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
Economic Coordination Committee (ECC) of the Cabinet is likely to approve an incentive package for a petrochemical unit to be established at Port Qasim, Pakistan, with an investment of 1...
The Andhra Pradesh Plastics Manufacturers Association (APPMA), an apex body of the Plastic Manufacturers Association in Andhra Pradesh state has urged the Government to intervene and come...
Poor availability of gas in the region, pressure of inflation and lack of human resources are the key challenges being faced by the petrochemical industry in Oman. Oman forayed into the o...
Solutia Inc. is exploring strategic alternatives for its nylon business - the world's second-largest producer of nylon 66 plastics. For this purpose, it has retained HSBC Securities (USA)...
Leading global polymer additive manufacturer and supplier Chemtura, has terminated discussions on a sale, merger or other possible combination. The US$3.7 bln group has decided to remain ...
CRUDE OIL As the American dollar dipped lower against the euro, demand for oil (priced in the US dollar) has been stimulated by traders holdi...
Shell Chemicals is seeking potential partners for a US$500 mln styrene monomer/propylene oxide (SMPO) facility planned in Singapore. The project has healthy prospects as robust demand is ...
Asahi Kasei Corp has decided to bring down operating rate at a 443,000 tpa ethylene plant in western Japan to 95%, early next month. Record high crude prices have led to diminishing margi...
A LyondellBasell subsidiary - Equistar Chemicals, LP will halt production of low density polyethylene (LDPE) at its Pasadena, Texas, by the end of the year. Production will shift from the...
According to a new report just published by leading industry consultants, Applied Market Information Ltd (AMI), nearly 217 billion plastic caps and closures were produced in Europe last y...
Rising feedstock and energy costs that have been been eating into the company's bottom line since the beginning of the year, have forced LyondellBasell to consider a polymer price hike. W...
Construction activities are in full swing at the site of Borouge-2 being developed by Abu Dhabi Polymer Company (Borouge). The polyethylene plant is being constructed at a development cos...
Escalating project costs during the last two years, have forced IOC to change its original plan of setting up an integrated-refining-cum petrochemicals complex at Paradip at a cost of Rs ...
In a bid to continue its aggressive focus on sustainable business practices, Albemarle Corporation plans to invest in a new process that is expected to eliminate more than 80% of the pro...
Shell foresees a long term future for styrene and derivatives in Asia Pacific, attributed to a very challenging and competitive market. If benzene prices weaken as supply increases, the r...
Iran's Oil Minister has announced that the world's longest ethylene line is currently under construction in Iran. The 2,400 km line will begin from Assalouyeh in southern Iran to Orumiyeh...
Oil prices have dipped marginally after hitting all time highs of US$140 per barrel. The latest price surge can be attributed to a forecast by OPEC president that prices could soon surge ...
Saudi Aramco and Total SA have decided to create the Jubail Refining and Petrochemical Co. during Q3-2008 to develop a 400,000 bpd world-class refinery in Jubail, Saudi Arabia. The refine...
Huntsman Corporation is to sue Apollo Management and its two partners for fraud, seeking a jury trial for damages exceeding US$3 bln, plus additional punitive damages. This decision has b...
Identity theft, border security, and other threats are expanding the use of electronic identity cards that can resist compromise, last for up to 10 years, and incorporate a variety of sop...
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