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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
Oil prices continue to rise and are currently lingering around US$110 in Asian trade. The new record levels of oil prices can be attributed to the falling US currency, as large investor d...
Teknor Apex Company has established Teknor Apex Europe Ltd. as a holding company for its custom compounding units in Europe. As an initial step, the company has formed the first of these ...
Egypt's Sidi Krir Petrochemicals Co (SIDPEC)'s expansion plans include a joint venture with chemicals firm INEOS for a polyethylene (PE) facility with an expected capacity of approximatel...
Formosa Plastics Corp. (FPC) has pledged to provide personnel and expenditure to help the Taiwanese government with forestation, thus supporting its Environment Plan. This pledge is being...
Shell Chemicals Ltd. was fined over 260,000 pounds (US$535,000; €345,000) and ordered to pay 37,000 pounds (US$74,500; €48,000) in costs after the oil company pleaded guilty to 'failing t...
EMCOR Group subsidiary Ohmstede Ltd. has completed the fabrication of the largest heat exchanger in its history, for ExxonMobil Chemical in Baytown, Texas. Ohmstede engineered, designed, ...
The fatal fire at Mitsubishi Chemical Corp.'s ethylene plant in Ibaraki Prefecture was caused by failure to take adequate safety measures, according to the prefectural government's accide...
China's largest integrated chemicals firm - Shanghai Petrochemical, plans to expand its refinery and expand ethylene capacity. Subject to state approval, Shanghai Petrochemical will add ...
Asia-Pacific, Europe and United Sates of America are the major markets for Engineered Plastics as per a report by Global Industry Analysts, Inc. With an estimated consumption of 6.55 mln ...
Effective from April, Bayer MaterialScience will acquire 50% of BÜFA Polyurethane, to take full control of its joint venture partner. The polyurethane systems house is headquartered in Ol...
As per preliminary figures released by China Petroleum and Chemical Industry Association, ethylene output in the country saw a 12% increase to 10.48 mln tons in 2007. Polyethylene output ...
Work on the billion-dollar paraxylene (PX) plant in Chinese port of Xiamen is expected to be relocated elsewhere, following sustained and rare protests from residents who labelled it an "...
Indonesian PT Trans Pacific Petrochemical Indotama (TPPI) has announced force majeure and reduced the run rates at its facility. This supply shortage will see a rush of material from Iran...
Formosa Petrochemical Corp. has shut a crude distillation unit at Mailiao for 6-7 weeks of scheduled maintenance. A crude distillation unit is the main part of a refinery that separates o...
Gasoline prices seem poised to set a new record, surging to within half a cent of their record high of $3.227 a gallon. Concurrently, oil prices spiked past US$108 to a new inflation-adju...
French chemicals maker Arkema has agreed to sell its superabsorbent polymers business to Japan's Sumitomo Seika. The agreement calls for Arkema to transfer ownership of its Carling plant ...
Dow Polyurethanes plans to invest in capacity expansion at its' Terneuzen facility. Dow plans to expand polyol production capacity by 180,000 tpa at Netherlands. Dow planned to go ahead w...
India's leading state run gas utility, Gail (India) Ltd., has submitted an annual memorandum of understanding (MoU) for performance targets for 2008-09 with the ministry of petroleum and ...
India's Union Budget has proposed to end the seven-year income-tax holiday for refineries that start operations after April 2009. Withdrawal of tax holiday to new refineries that has been...
Dow Polyurethanes is to conduct feasibility study to expand toluene diisocyanate (TDI) production at its facility in Camaçari, Brazil, to turn Camaçari into a leading world-class producti...
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