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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
Through a joint venture with Kuwait Petroleum Corporation (KPC) and Royal Dutch Shell Plc., Sinochem Corp. is to begin processing Kuwait's crude at its planned refinery in East China in J...
Taiwanese petrochemicals companies Chi Mei Group and Grand Pacific Petrochemical have signed a memorandum of understanding (MoU) to integrate six of their ABS subsidiaries into a joint ve...
New York's main contract, light sweet crude for delivery in May, rose to US$101.77 per barrel, moving up as the market awaits release of the US government's weekly energy stockpiles repor...
PetroChina Co Ltd.'s expanded refinery in Dushanzi (in Northwest China's Xinjiang region) will commence trial runs in August. Upon completion of construction, the plant will be China's la...
Pemex- Mexico's state oil company, has initiated an international tender to raise finances for second stage expansion at the Morelos petrochemical complex's ethylene plant. In 2008 alone,...
Turkey's top administrative court has rejected the latest in a series of bids to cancel the privatisation of petrochemical firm Petkim. The bid to stop the sale was attempted by a Turkish...
In 2011, when Indian Oil Corp. Ltd.'s (IOC) 15 mln tpa refinery and petrochemicals complex at Paradip, Orissa comes onstream, the state refiner anticipates daily savings of almost Rs1 cro...
Global crude oil prices have dipped to hover around US$100, largely on the back of slower growth in the United States, the world's largest economy- likely to take a toll on oil demand. As...
In a bid to expand petrochemical operations in Taiwan, Formosa Plastics group has applied to the government to pursue investment projects worth 230 bln twd. The group plans to expand capa...
Indonesia has only one ethylene producer in the country - PT Chandra Asri Petrochemical Center with an annual capacity of 590,000 tons. Polyethylene industry in the country, however, has ...
Thai unit of Japan's Ube Industries plans to spend 3.7 bln baht (US$117 mln) over the next 2-3 years for capacity expansion. Ube plans to build another nylon plant in Thailand- its second...
Federal Government approval has been granted, after an extensive review, to Keltic Petrochemicals Inc. to proceed with its US$4.5 bln petrochemical project in Goldboro, N.S. The project i...
A new metallocene polyethylene (mPE) platform, Enable™ mPE, has been introduced by ExxonMobil Chemical to help converters enhance their extrusion operations while providing excellent film...
A Zimpro wet air oxidation (WAO) system supplied by Siemens Water Technologies will treat ethylene spent caustic at a grassroots ethylene production plant in Ras Laffan Industrial City, Q...
Asahi Kasei Chemicals Corp., a subsidiary of Asahi Kasei Corp., has agreed with PTT Public and Marubeni to set up facilities to produce acrylonitrile (ACN) and methyl methacrylate (MMA). ...
Oil prices have slipped by over one dollar on concerns that a flaying US economy will cause oil demand to soften. Light, sweet crude for May delivery fell to US$100.03 a barrel in Asian e...
Ireland's Quinn Group has decided to delay construction at the €300 mln petrochemical project near Leipzig, Germany, by about one year. The plant was being set up to produce MMA monomer. ...
India's largest oil refiner- Indian Oil Corporations' plans to set up a Rs 15,000 crore petrochemical project at Nayachar, West Bengal, could get derailed due to land acquisition problems...
In a bid to arrive at a decision, the Philippine government is mulling the services of an independent financial adviser to undertake share valuation. The services are being sought to help...
BASF and Sinopec Corp (China Petroleum & Chemical Corporation) have jointly submitted a technical and commercial feasibility study of the planned US$900 mln expansion for approval to the ...
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