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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
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...
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...
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