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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
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$124.23 a barrel on the New York Mercantile Exchange. HSBC Holdings, the global banking...
Japan's top petrochemical producer Mitsubishi Chemical Corp., plans to perform planned maintenance at two ethylene plants - the No.1 unit of its Kashima ethylene plant for 50 days and the...
Dow Chemicals has not found support from the Union law ministry for its stand that it is not liable to clean up the toxic dirt left by its Indian subsidiary Union Carbide at Bhopal in 198...
The government's Philippine National Oil Co. (PNOC) decided against exercising its right to match Ashmore Group's offer to buy Saudi Aramco's 40% stake in oil refiner and retailer Petron ...
Reliance has received the PE 100 certification from Bodycote, Sweden, for its PE pipe grade Relene 46GP003, manufactured at Gandahar. With this certification, Reliance joins the select gr...
Managing Director of National Petrochemical Company has said that Iran's petrochemical exports to China are expected to reach US$ 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 ...
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