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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
Mitsubishi Chemical Corp plans to restart the sixth furnace at the fire-hit No. 2 unit of its Kashima ethylene plant, raising capacity to 390000 tpa of ethylene. A fire on Dec. 21 forced ...
The earthquake in central China near Chengdu that has claimed almost 15000 lives is likely to cause economic damage to Sichuan Province and the nearby Chongqing municipality. Some key res...
GAIL has dispelled apprehensions over Assam Gas Cracker Project, assuring that it would be completed within the scheduled time. The project is on track and is expected to be completed wit...
PetroChina Co., has decided to review a plan to build a refinery and petrochemical plant outside the city of Chengdu, an area struck this week by China's largest earthquake in 58 years. P...
Formosa Petrochemical Corp. plans to shut its No. 2 crude distillation unit for 40-50 days in November for maintenance. Formosa also plans to shut an 80000 bpd vacuum distillation unit an...
French oil group Total and the Saudi Arabian Oil Company (Saudi Aramco) have announced plans for a 400,000 bpd refinery in the city of Jubail on the Gulf coast. The facility would process...
GLS Corporation, which was recently acquired by PolyOne Corporation is a global leader in the manufacture of high-performance, custom-formulated thermoplastic elastomers (TPEs). The compa...
Solvay Advanced Polymers has signed a non-exclusive distribution partnership with leading Swiss material supplier, B. Bigler AG of Zug, Switzerland, to supply its customers in Switzerland...
Mitsui Chemicals Inc, (MCI) and Prime Polymer Co Ltd plan to expand annual polypropylene compound production capacity to a combined annual total of 73,000 tons. This move will entail a ca...
Israel's largest oil refiner Oil Refineries Ltd. (ORL) has announced that Carmel Olefins Ltd. (COL) has completed on May 6, 2008, the closing on the transaction to acquire 49% of the outs...
Yeochun NCC Co. had restarted its No. 1 unit after the unit was shut down for six days following a power failure. However, the naphtha cracker experienced a technical fault on Monday, for...
Sinopec has announced completion of construction at its new 100000 tpa butadiene factory, wherein it has commenced trial run. The facility, built at an investment outlay of US$35.3 mln, i...
Ineos plans to close its 175000 tpa polypropylene (PP) plant at Bamble, Norway acquired from Borealis by the end of 2008. Several reasons were responsible for this decision for shutting t...
Petron Corp. does not intend to change its business strategy with the new share ownership structure. Philippine National Oil Co. (PNOC) has decided not to exercise its right of first offe...
State-run Gail (India) GAIL has announced a 9% jump in its net profit at Rs 2,601 crore and a turnover of Rs 18,008 for the year 2007-08. Profit before tax in FY08 increased 35% to Rs 3,8...
Halfway through the year, Plantic Technologies will decide on building a biopolymer plant in Eastern Europe. Europe is currently the key target in the US$1 bln (£507 mln) market for biopl...
A 7.8-magnitude earthquake that rocked southwestern China and was felt all across the country and beyond, has killed over 10,000 people by early this morning. Wenchuan County is the epice...
South Korea's Lotte Daesan Petrochemical has delayed the restart of its 650,000 tpa naphtha cracker scheduled to come onstream on May 9, due to undisclosed reasons. The company has deferr...
After rising by almost ten dollars last week, light crude dipped by US$1.70 in a day to settle at US$124.23 a barrel on the New York Mercantile Exchange. HSBC Holdings, the global banking...
Japan's top petrochemical producer Mitsubishi Chemical Corp., plans to perform planned maintenance at two ethylene plants - the No.1 unit of its Kashima ethylene plant for 50 days and the...
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