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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
Venezuela'sa national oil company PdVSA is iconsidering acquisition of 49% stake in IndianOil Corporation's 15 mln ton refinery at Paradip, Orissa. IOC seeks partners in the Rs 30,000 cro...
A final decision is awaited by the newly formed BJP Government on the proposed Rs 30,000-crore petroleum, chemicals and petrochemicals investment region (PCPIR) project on the Karnataka c...
In a bid to meet the growing demand for quality products globally, Shell Chemicals Europe BV has completed capacity expansion of flexible polyols production at Pernis complex in The Nethe...
Frost & Sullivan has added a new report "European Markets for Naturally-Reinforced Plastic Composites" to their offering. Due to escalating oil prices, any technology that reduces the d...
In a move to boost production of refined oil products and ensure domestic fuel supplies, Sinopec will continue to cut ethylene output in July. The Chinese oil refiner has already reduced ...
Mitsubishi Chemical Corp., Japan's top petrochemical maker will delay restart of the No.1 naphtha cracker at its Kashima plant by 3 days. The 410,000 tpa ethylene plant, that should have ...
In a move to boost production of refined oil products and ensure domestic fuel supplies, Sinopec will continue to cut ethylene output in July. Besides, Sinopec has halted operations of an...
PolyOne Corporation has initiated the process of streamlining of its management and segment organization as well as the presentation of its financial results: * Producer Services, which...
The European Commission has approved the proposed merger between Hexion and Huntsman contingent on, among other things, divestment of a portion of Hexion's global specialty epoxy resins b...
A statement by OPEC chief has had an undesirable affect on oil prices- pushing them back past US$140. OPEC chief has raked up an issue about uncertainty surrounding future investment in e...
Formosa Petrochemical Corp. has shut down its 84,000 bpd residual fluid catalytic cracker (RFCC) for 10 day maintenance turnaround. Formosa has earlier planned a two-week turnaround in ea...
Novomer has released its first product, a polypropylene carbonate sacrificial binder. The polypropylene carbonate burns cleaner, more uniformly and at lower temperatures than currently av...
At an investment outlay of US$113 mln, South Korean chemicals producer Korea Kumho Petrochemical Co. has completed the construction of its first overseas plant in China. The plant, equall...
Monday saw oil prices yo-yoing from all time highs past US$143 a barrel before dropping. Earlier in the day, the dollar weakened against the Euro causing an investor frenzy in the oil mar...
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...
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