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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 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...
The work on the US$5 bln Borouge-2 project in Ruwais, Abu Dhabi is on schedule. With the completion of this project in 2010, petrochemicals production capacity of Borouge will see a three...
Saudi Kayan Petrochemical Company (Saudi Kayan-An affiliate of SABIC), has entered into a US$6 bln (SR 22.5 bln) financing arrangements for 15 years with a group of banks and financial in...
Despite its debacle at the Panchayat elections on the land acquisition issue, the West Bengal is proceeding with plans for a chemical hub. The Government has sent its proposals regarding ...
Despite a larger than expected drop in US crude oil stocks- contrary to a gain of 750,000 barrels, oil prices have dropped to US$126 a barrel on Friday in Asia, extending a decline of ove...
Italy's Bandera Spa has created a multilayer (up to 12) film that will allow a reduction in costs of plastic solar panels. This will create an alternative to classical glass-silicon appro...
Brazilian oil company Petrobras has confirmed plans to build a fourth new refinery in addition to two refineries and a petrochemical complex already in the pipeline. Petrobas is conductin...
Turkish energy company Turcas and its Azeri partner Socar have paid made a 50% payment for acquisition of 51% stake in petrochemical company Petkim. The two partners had bid a total amoun...
The Central government has cleared the Mangalore Petroleum, Chemical and Petrochemical Investment Region (PCPIR), planned with an in investment of 30,000 crores. Total investment that the...
2012 will be the earliest commencement date of a new petrochemical plant to be built by Oman and Dow Chemicals. This indicates that the plant start up is three-four years behind initial p...
Gruber&Co Group GmbH, Pettenbach and Cincinnati Extrusion GmbH, Vienna have agreed to form a strategic alliance for the distribution of window profile manufacturing lines in project marke...
Doubling of the projected costs has coerced Indian Oil Corporation (IOC) to rethink plans for a petrochemicals project in Paradeep, Orissa. Rising cost of equipment, land development, raw...
In a bid to better meet the increasing demand of its customers in the Middle East, Europe and Asia Pacific regions, Cabot Corporation plans to build a carbon black masterbatch manufacturi...
World's biggest chemical group by sales BASF's expansion at the Nanjing petrochemical complex in China is on course. As part of the US$900 mln expansion, ethylene capacity is planned to b...
Driven by rapid economic growth driving up demand for petrochemicals in densely populated China and India, making Asia Pacific is the most exciting region for petrochemical growth for She...
Chemicals and fertilizers minister has confirmed that a proposal for PCPIR in Gujarat with a Rs 50,000 crore investment commitment from private investors as well as central and state gove...
Autodesk signed a definitive agreement to acquire Moldflow Corporation for US$22 per share, or approx. US$297 mln, subject to customary closing conditions including regulatory approvals. ...
SABIC Innovative Plastics was awarded the national ENERGY GLOBE Award for The Netherlands in recognition of its Brine Recovery project in Bergen op Zoom. The company was honored for its e...
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