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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
Supreme Petrochem and NOVA Chemicals (International) SA, have signed an exclusive distribution agreement for ARCEL advanced foam resin in India, bringing significant value to Indian expor...
The importance of Western Europe and North America as exporters of polypropylene products will continue to weaken in the face of competition from Asia and the Middle East, according to a ...
An assessment by the market players that rising prices have taken their toll, reducing demand for gasoline and other fuels, oil prices have dropped by over three dollars, dipping to below...
PetroChina's under construction refining and ethylene project in earthquake affected Pengzhou City, Sichuan Province is being re-evaluated by China's Ministry of Environmental Protection ...
Centre of Indian Trade Unions (CITU), the CPM party's labour wing, is leading an agitation of 180 security guards, under the banner of Maintenance Workers Association alleging non payment...
South Korea's largest refiner SK Energy has agreed to acquire a 35% stake in a petrochem joint venture with Sinopec Corp, making it one of the few foreign firms to invest in China's huge ...
CRUDE OIL An almost 5% rise in crude oil prices in the week of May 26, 2008 can be attributed to a surprise fall in US inventory levels acco...
Concerns about global petroleum supplies and outlook for the US dollar and economy, have kept oil prices in Asia hovering around US$133 a barrel. Oil prices have also been supported by ne...
Barely one month after the local CITU unit threatened a strike at Haldia Petrochemical Ltd. (HPL), unless 183 casual workers were granted employment, HPL is once again under attack from t...
China's State Administration of Taxation has issued a regulation to exempt naphtha used as feedstock to produce ethylene and aromatic hydrocarbons, from a consumption tax. Domestic produc...
Guru Gobind Singh Refineries Ltd (GGSRL), the 9 mln tpa refinery being commissioned at Bathinda by a HPCL-Mittal Energy Ltd. JV is expected to launch by 2011. The Rs 18900 crore project, ...
Carmel Olefins, a subsidiary of Israel's largest oil refiner- Oil Refineries, has been halted production at a monomer unit. Carmel Olefins was ordered by the country's Ministry of Environ...
Asia's largest ethylene producer - Taiwan's Formosa Petrochemical Corp (FPC), has signed a contract with Saudi Arabian Oil Co (Saudi Aramco) for naphtha supply in the second half of this ...
In a bid to ensure planned growth at the proposed petroleum, chemical and petrochemical investment region (PCPIR) spread over 600 sq km between the coast of Kakinada and Visakhapatnam, th...
Supply concerns, estimates of US data and a weaker dollar support oil prices above US$132. Light, sweet crude for July delivery rose in Singapore past US$132 a barrel in electronic trade ...
Making a fresh attempt to make a foray in the petrochemical industry, JG Summit Holdings, the holding firm of the Gokongwei group has formed JG Summit Olefins Corp. The company proposes t...
Iran's petrochemical exports to Europe will increase by 20% in the current Iranian year, starting March 20, 2008). The IPCC has five subsidiaries in England, Germany, China, the U.A.E., ...
Sinopec Corp and South Korea's largest refiner, SK Energy are planning to jointly set up a petrochemical complex in central China. SK could acquire 25-35% stake in the 800,000 tpa naphtha...
In a bid to place itself on the global petrochem scenario, Peru plans to tap its natural resources. With this is mind, Petroperú has signed a memorandum of understanding with Brazil's Pet...
In a bid to maintain its unsurpassed role in the global petroleum scenario, Saudi Aramco has embarked on a massive investment program and corporate developments. The company plans to spen...
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