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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
The board of directors of Kuokuang Petrochemical Co. Ltd. has resolved to relocate its mega petrochemical project from Yunlin offshore industrial zone. Due to the environmental cause whic...
The board of directors of Oil Refineries' has approved a deal to buy a 50% stake (516 mln shares) in Carmel Olefins currently held by Israel Petrochemical Enterprises. The deal will be do...
Taiwan plans to discuss a mutual waiver of tariffs on petrochemicals and chemical fibres with China. China currently imposes a minimum tariff of 6.5% on petrochemical imports. As per a ...
With effect from July 1, 2008, Chevron Phillips Chemicals International plans to increase price of all grades of K-Resin styrene block copolymers (SBC) in Europe by EUR 250/ton. The compa...
SABIC plans to invest £35 mln over the next 12 months to make improvements to the Wilton Cracker complex to increase output of ethylene and propylene via 'Project Lift-Of." The overhaul ...
CRUDE OIL Crude oil prices dipped marginally to US$132 a barrel in a week full of ups and downs. US inventory levels dropped for the week, ...
USA's largest chemicals manufacturer Dow Chemical Co., plans a 25% price hike in a bid to meet freight surcharges as well as reduce output of few products affected by elevated energy cost...
In line with its strategy to seek growth through takeovers, South Korea's largest chemical maker LG Chem Ltd. has signed a formal contract to buy a facility to produce super-absorbent pol...
Pushed by high oil and feedstock prices, the world's largest chemical companies including DuPont, Dow Chemical, Cargill and Braskem, are speeding up production of bio-plastics made from c...
By the end of 2009, Bayer plans to invest 100 mln Euros in its Brazilian units at, Rio de Janeiro and São Paulo. The unit in Rio de Janeiro that commenced production in the nineteen fif...
Clarified Polypropylene has delivered a winning combination of aesthetics and impact resistance successfully replacing SAN. Milliken Chemical claims the Suggar, a leading appliance maker...
LP OxoSM SELECTORSM Technology, jointly offered by Dow Technology Licensing and Davy Process Technology Ltd., has been selected by Lihuayi Group for a new 250,000 tpa facility in People's...
OPEC President has stated that the oil producing cartel sees no reason to raise output, as the level of oil being pumped is enough to satisfy global demand, and current levels of stock an...
Almost 30 tons of liquefied carbon dioxide gas has leaked in South Korea's major petrochemical complex in Yeosu, enveloping the entire complex in smoke. However, no casualties have been r...
In a bid to boost cost competitiveness and create synergy, Honam Petrochemical is pressing for a merger with its unit Lotte Daesan Petrochemical Corp. The procedures for the merger will c...
Qatar, Royal Dutch Shell and PetroChina have inked a dela to build a refining and petrochemical complex as well as a sales unit in China. PetroChina will hold 51% stake, while Shell and Q...
South Korea's anti-trust watchdog has fined 8 petrochemical companies a combined 12.73 bln won (US$12.4 mln) for conspiring price fixing of six primary and intermediate petrochemicals bet...
Assam Petrochemicals Ltd. plans to set up a 165,000 tpa methanol plant at Namrup at an investment outlay of US$125 mln. APL is currently in talks with Oil and Natural Gas Corporation (ONG...
Oil and Natural Gas Corporation (ONGC) has decided to exit from the proposed Rs 25,000 crore refinery and petrochemical complex at Kakinada in Andhra Pradesh, terming it as an unviable ve...
DSM Composite Resins has embarked upon an extensive engineering study that could lead to an expansion at its manufacturing facilities in Compiègne, France. Capacity is being planned to be...
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