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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
Managing Director of National Petrochemical Company has said that Iran's petrochemical exports to China are expected to reach US$ 1 bln during the current year. Petrochemical exports to C...
Japan's five major chemical companies have suffered recurring profit declines in the year ending March, due to the rising naphtha values. Though the companies managed to achieve sales gro...
China is increasingly becoming an important market for Saudi Arabia's growing petrochemical industry, according to CEO of Saudi Basic Industries Corporation (Sabic). Saudi Arabia's large ...
Idemitsu Kosan Co. has forecast a profit increase by more than sixfold on higher margins for oil products and petrochemicals. The refiner forecast net income of 31 bln yen (US$295 mln) fo...
Vietnam's Prime Minister has launched a project to build Vietnam's second petrochemical refinery complex. The Nghi Son Petrochemical Refinery Complex is to be located in northern Thanh Ho...
Government officials are intensifying a campaign to quieten the dissent of the local people over construction of a petrochemical plant on the outskirts of Chengdu, Western China. Last Sun...
Developers are currently working on a growing number of natural oil polyols (NOPs) that contain vegetable oils as well as these other raw materials. Natural materials such as sugar, glyce...
PL Propylene LLC, a PetroLogistics company, has announced commencement of a project to construct a 1.2 billion pound capacity propane dehydrogenation plant to produce propylene. The facil...
A transformer exploded in the electrical station just outside Gate 3 at Formosa Plastics Corp. USA, shutting down power to most of the plant. Oil inside the transformer caught fire, sendi...
LyondellBasell has decided to close its polypropylene plant at Morris by the end of 2008, bringing to an end, 30 years of production. The small size of the polypropylene plant makes it un...
The Philippine government is keeping its options open on the possible sale of balance 40% stake in Petron Corp, and plans to consider all offers to acquire the 3.75 bln shares held by sta...
After a month of reduced output, Taiwan's Formosa Petrochemical Corp. has resumed 100% operations at its 700,000 tpa cracker. The No.1 cracker was idled in early April for about five days...
With a view to expand its offerings and investments in plants and technology for the Indian automotive, electrical and electronics industries, BASF plans to build a new engineering plasti...
Chinaplas 2008: The 4-day event attracted many overseas delegations to visit Chinaplas, including Egyptian Plastics Exporters & Manufacturers Associations, Malaysia Plastics Manufacturers...
CRUDE OIL Crude oil prices dipped by about two dollars in the week of May 5, 2008 to US$116 per barrel. This dip in prices can be attribute...
The 22nd International Exhibition on Plastics and Rubber Industries (Chinaplas 2008) was staged from April 17-20 with resounding success at Shanghai New International Expo Centre, PR Chin...
Investments by Solvay, Dow, Petrobras and Braskem to produce resins in Brazil with renewable feedstock are being forecast to rise to US$1.3 bln. The states of Bahia and Rio Grande awa...
Q1 profits at Braskem SA, Latin America's largest petrochemical company dipped by 35% from year ago levels on rising production and feedstock costs. Overall production costs rose 10% to 3...
4 new petrochemical plants in Saudi Arabia and one in Kuwait are projected to augment annual global ethylene capacity by 4.5 mln tons by the end of 2008, with similar volumes coming onstr...
Philippine conglomerate JG Summit Holdings Inc. has offered to buy the Philippine government's 40% stake in oil refiner Petron Corp. at a higher price than the earlier offer made by Londo...
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