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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
Reliance Industries Limited (RIL) and Essar Oil have submitted proposals to the Venezuelan Government for setting up petrochemicals complex in the oil-rich nation. RIL has inked a deal ...
In a bid to solve the plastic water bottle pollution problem, Diamant Corporation has completed initial trials for bio-degrading plastic bottles with the introduction of an additive in No...
After a scheduled maintenance turnaround, Taiwan's Formosa Petrochemical Corp has restarted its No. 1 crude distillation unit on April 20. The three units were shut on March 10. Formosa p...
Light, sweet crude for June delivery settled at US$118 on the New York Mercantile Exchange by midmorning in Singapore. The previous session witnessed oil prices spike to a record US$120 l...
A fire erupted at Kashima Aromatics Company Ltd's paraxylene (PX) plant. The fire erupted near the pump in the PX plant during a restart process, and took more than three hours to get con...
In line with its plans to set up greenfield projects outside India, Reliance plans to set up polypropylene unit in Kuwait. Reliance Petroleum Ltd (RPL) has embarked upon the ground work, ...
Braskem plan to increase PVC capacity at its plant located in Northeast Brazil, in the state of Alagoas. The project, to expand capacity from 250,000 tons to 450,000 tons, will entail an ...
Hydro, leader in the European extrusion industry, has acquired Expral s.a., a privately owned operation located near Madrid, Spain. Hydro has acquired Expral for approximately €31 mln in ...
Taiwan's new incoming minister of economic affairs plans to allot top priority to relax China bound investments by domestic companies. The current restriction of 40% of a local company's ...
CRUDE OIL The week of April 21, 2008 has witnessed all time high crude oil prices. At the end of the week, crude oil for May delivery settled...
China's largest oil refiner- China Petrochemical Corp (Sinopec) may seek investors to build a one million tpa ethylene plant in southern China to meet rising demand for the raw material f...
Andhra Pradesh plans to set up one of the biggest special development zones (SDZ) with spectacular infrastructure development. Several mega integrated petrochemical complexes and refineri...
Local governments in the Middle East are showing mounting interest in converting polymers into products for export and local consumption to meet growing domestic demand. UAE, a net impo...
Indian Oil Corp (IOC) has offered 15000-16000 tons of naphtha for mid-May loading from Haldia- IOC's first cargo being shipped out of Haldia. This cargo may have been excess supply for on...
Salalah's strategic location with respect to the West as well as the East, and shifting of the petrochemical industries from America to Asia, could make Salalah a vital port for trade. Th...
A new generation of innovative, sustainable Self Reinforced Plastics (SRP), the next generation of SRPs and processes is being developed by FuturePlas, with funding support from the Techn...
Surpassing market expectations, Reliance Industries (RIL) has posted a 63% rise in net profit at Rs 19,458 crore for 2007-08 on robust growth in refining, petrochemicals and exploration b...
Saudi Basic Industries Corp (SABIC), the world's biggest chemicals firm by market value, made 6.92 bln riyals (US$1.85 bln) in the quarter ended March 31. SABIC's Q1-2008 profits are repo...
Osos Petrochemicals seems confident that it will not have to abort plans to develop a US$1bln polybutylene terephthalate (PBT) complex at Yanbu, despite Saudi Basic Industries Corporation...
Oil prices have set a new record, spiking past US$117 a barrel in early Asian trading, on news of a pipeline attack in Nigeria and OPEC's plans to maintain production despite runaway pric...
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