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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
Tamil Nadu has sought clearance from the Centre for setting up a multi-billion petrochemcial and petroleum investment region (PCPIR) spread over 250 sq km at Cuddalore and Nagapattinam. T...
Brazilian petrochemical company Braskem has corroborated an investment of US$614 mln to build a green polyethylene (PE) plant in the petrochemical complex planned in the city of Triunfo, ...
With effect from July 1, 2008, Bayer MaterialScience has announced a price increase of US$0.l5-0.30/kg on TPU (thermoplastic polyurethane) resins. The increase will affect all TPU brands ...
Sinopec Corp has planned a 45 day maintenance shutdown, largest maintenance in three years, at its110,000 bpd refinery. The current 110,000 bpd refinery has two crude units, of 50,000 bpd...
Global provider of specialized polymer materials, services and solutions- PolyOne, has signed a market development agreement with Eastman Chemical. As per this agreement, PolyOne will be ...
Oil prices bounced back past US$127 a barrel, recording a rise of over five dollars as the dollar fell in response to comments by European Central Bank President suggesting the bank could...
A blast has occurred at a petrochemical facility at Kuwait's Mina Abdullah port. Cause of the blast is unknown, and it is still not clear whether the country's exports will be hit. Effect...
Dow Chemical Co.'s Brazilian subsidiary is about two months away from acquiring farmland to grow sugarcane for ethanol. The company will produce ethanol in partnership with Brazilian suga...
German compounding specialist TechnoCompound plans to further expand its production of long fibre reinforced thermoplastics (LFTs) and engineering polymers in the next few years. After th...
Axens has been awarded a technology design package for the new 400,000 bpd full-conversion refinery in Jubail, Saudi Arabia. Among the units that are being designed by Axens and its Allia...
Construction of the Fujian joint venture between Saudi Aramco and Sinopec is on track. The project, which includes a 240,000 bpd refinery and petrochemical units with total capacity of 2...
A fire has resulted in shutdown of Sinopec's Maoming Petrochemical's 1mln tpa cracker and its derivative units. This week, the Maoming refinery may restart the smaller unit with capacity ...
In a bid to consolidate its North American-based polypropylene compounding production, sales, marketing and technology activities, Netherlands headquartered LyondellBasell Industries plan...
CRUDE OIL Crude oil futures have fallen by five dollars to lows of US$127 per barrel in New York for the week of June 2, 2008. From all tim...
Supplies are expected to tighten as a result of a fire and subsequent shutdown of Maoming Petrochemical's 1mln tpa cracker and its derivative units. Sellers offers for June are sporadic i...
Light, sweet crude for July delivery dipped to US$122.30 barrel on the New York Mercantile Exchange - the lowest settlement since May 6. Oil prices have dipped to US$122 a barrel on relea...
Dow Europe plans to increase polypropylene prices by Euro 50/ton, with effect from 1 June 2008. PP prices will go up by EUR 50/ton in Europe, India, the Middle East and Africa. This is Do...
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 ...
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