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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
CRUDE OIL Crude oil prices have risen to US$118 per barrel in New York for the week of April 28, 2008. Prices moved up by around two dollars...
South Korea's Yeochun Naphtha Cracking Centre (YNCC) has delayed the resumption of its naphtha operation 3 to 5 days from its shutdown due to a power outage at the weekend. The power outa...
Mitsubishi Chemical Corp. plans to conduct planned maintenance at its No 2 unit at Kashima. 45 day maintenance has been planned at the fire hit No. 2 unit at the Kashima ethylene plant, s...
Weaker demand for naphtha in Europe as well other Western countries is promoting arbitrage activity to Asia. Almost 200,000 tons of European naphtha is expected to arrive in Asia in June....
Protesters in Chengdu, capital of Sichuan province, marched peacefully to demonstrate against plans for an ethylene plant and an oil refinery, on fears that these two projects, when fini...
Westlake Chemical Corp. has reported a fall in Q1 earnings on higher feedstock costs. Net income declined to US$5.4 mln from US$19.7 mln. Increased prices of olefins pushed sales figures ...
Americas Styrenics LLC (Americas Styrenics), the joint venture between The Dow Chemical Company and Chevron Phillips Chemical Company LP, has commenced operations at the largest polystyre...
Dow's polyurethane backing technology is designed to improve the overall performance of commercial carpet, including appearance retention, durability and ergonomics. The carpet looks bett...
An explosion at a state-run industrial complex in South Korea has caused a 10 hour blackout and stoppage of operations at several major petrochemical manufacturers, resulting in snowballi...
It is estimated that 25% of polymer waste is unsuitable for recycling for three main reasons: it contains mixtures of different types of polymers, it is economically unprofitable and it i...
Haldia Petrochemicals Ltd (HPL) has projected a possible loss of Rs 140 crore in the current fiscal. A 5% import duty was proposed to be levied in India's Union Budget this year. HPL is I...
Nova Chemicals Corp. has signed a letter of intent with Reliance Industries Ltd. to construct energy efficient, green buildings in India. Nova plans to develop facilities that will use No...
ONGC Mangalore and Petrochemicals Ltd. has selected UOP to supply technology, basic engineering services and equipment for a new aromatics complex to be installed in Mangalore, India. A r...
Sabic, the Saudi petrochemicals group that spent over US$20 bln in the past five years, plans to invest in Asian countries, particularly India for its next cycle of investments. Asia has ...
With effect from 1 May through 17 October, Beijing's Municipal Public Security Bureau has imposed a blanket rule on the production and sale of over 257 chemicals in regions falling within...
Essar Oil is considering a proposal for gainful use of 2-3 mln tons of naphtha to be produced at the Vadinar refinery, post-expansion of capacity upto 34 mt in 2010. The oil major is cons...
Qatar plans to have the world's largest aromatics complex as a joint venture between QP subsidiary, Qatar Holding Intermediate Industries Company and Honam Petrochemical Corporation of So...
Essel Propack Limited (EPL) has announced an acquisition of Minneapolis based company “Catheter & Disposables Technology” (CDT), a supplier of specialized disposable Medical Devices. EPL ...
The estimated cost of Saudi Aramco and Dow Chemicals' Ras Tanura petrochemical plant of US$22 bln could rise further. Tight equipment and labour supplies continue to propel costs for ener...
The European Commission has cleared proposed acquisition of a 49% stake in Domo Chemicals N.V.'s subsidiary Domo Polypropylene by Israel's Carmel Olefins Ltd. No financial details have be...
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