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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
With effect from June 1, 2008, LyondellBasell Industries has increased prices by €100/ton of all its polyethylene grades sold in Europe. Swelling feedstock and energy costs that have been...
Honeywell has been awarded a contract to install and implement an integrated advanced planning and scheduling solution for Rabigh Refining & Petrochemicals Co.'s Petro Rabigh facility. Ho...
In a bid to soften the exceptional rise in energy and related raw material costs, The Dow Chemical Company will raise the price of all of its products by up to 20%, with effect from June ...
This month will see China Petrochemical Corp. (Sinopec), reducing ethylene output by 65,000 tons, and also reduce aromatic hydrocarbon production by 8%. This reduction in ethylene product...
Polypropylene (PP)- the most versatile of plastics is constantly being used in an increasing amount of applications. Whether used in ice-trays, drinking straws, washing machines, furnitur...
A fire that broke out on Tuesday evening at Maoming refinery has forced closure of two ethylene units with total capacity of over 1 mln tpa. The refinery is Sinopec's second largest in te...
Oil prices dipped below US$124 a barrel in Asia as demand concerns intensified and a statement that USA will leave interest rates untouched. Indication that more interest rate cuts are un...
China and South Korea have expressed an interest in investing in a joint petrochemical project undertaken by Ecuador and Venezuela. The refinery, Refineria del Pacifico, with a capacity t...
Turkish energy company Turcas plans to invest US$3 bln over the next five years in petrochemicals company Petkim, in which it has recently acquired a 51% stake. The Azerbaijani-Turkish co...
18 contract labourers attached to the Haldia Petrochemicals Ltd. (HPL) observed a cease-work after the agency that recruited them, allegedly failed to clear their dues. The workers are ba...
The Orissa government's high-level clearance authority (HLCA) has cleared the Paradip Petrochemicals & Petroleum Investment Region (PCPIR) project. Indian Oil Corp. will be the anchor ten...
The World Health Organization reports that globally, almost 177 mln people suffer from diabetes currently, and this figure is expected to more than double by 2030. To expedite the treat...
In a bid to restore margins, Borealis will increase all polyethylene prices by EUR 80/ton and all polypropylene prices by EUR 50/ton, with effect from June 1, 2008. The price increase i...
From all time highs of US$135 per barrel on May 22, crude oil prices have dipped sharply. Oil futures slipped in Asian trading as investors try to estimate whether oil prices have peaked ...
A sharp hike in feedstock styrene prices has pushed BASF to mull a price hike for polystyrene. With effect from 1 June 2008, BASF plans to increase its gross market price for PS by EUR 10...
Under the EU merger regulations, the European Commission has cleared the formation of the RusVinyl joint venture between SolVin and Siberian-Ural Petrochemical. The JV will invest EUR 650...
Kuwait Petroleum Corp is considering Royal Dutch Shell and Dow Chemical Co as possible partners in a 250000-300000 bpd refinery planned as a joint venture with Sinopec in Guangdong. Sinop...
The Assam government plans to invest Rs 500 crores in a new methanol plant at Namrup- as part of Assam Petrochemicals Ltd. Production at the new unit is being planned at 500 tons/day of m...
Kuwait is mulling integration of its new 615,000 bpd refinery at Al-Zour, currently under construction, with a massive petrochemicals complex. The $15 bln Al-Zour refinery was originally ...
IVRCL Infrastructure has secured a Rs.8.376 bln contract by ONGC Petro Additions Ltd., a subsidiary of Oil and Natural Gas Corp (ONGC) for the Dahej Petrochemical Complex project. With th...
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