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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
Turkish Council of State has unanimously overruled a labor union that asked for cancellation of the sale of Turkey's Petrochemical Holding Co. (Petkim) by block sale. Turkey held an auc...
Dubai-based private equity firm Abraaj Capital has acquired 40% stake in two Pakistani companies : Bosicor Oil Pakistan Ltd and Bosicor Chemical Pakistan Ltd. The investment will fund a p...
Qatar and China signed a memorandum to promote bilateral energy cooperation, significantly boosting both the countries' mutual investment in the energy sector. China, growing at a rapid...
Uflex Ltd, a global player in flexible packaging, is establishing a project for polyester film in Mexico with a capacity of 52,800 tpa. The company's board of directors has also approved ...
Ahead of a meeting to be held on Wednesday, where OPEC is expected to maintain current output levels at 29.67 mln bpd , oil prices have held afloat at US$101 per barrel in Asian trading. ...
LyondellBasell Industries, one of the world's largest polymers, petrochemicals and fuels companies, has completed the acquisition of Solvay Engineered Polymers, Inc., a leading supplier ...
The Boards of Taiwanese petrochemical giants Chi Mei Corp. and Grand Pacific Petrochemical Corp. have signed a memorandum to merge a total of 6 units in China. The merger will create the ...
As naphtha refineries expanded quicker than a stagnant petrochemicals industry, naphtha exports from India rose about 60% in the financial year 2006/07 to 8.3 mln tons. As compared to las...
India's Union Budget proposes to re-impose a 5% import duty on naphtha. This proposal is a step in the wrong direction. It reverses a duty reduction granted two years ago from 5% to zero....
After months of inactivity, Nigeria's Kaduna Refinery and Petrochemicals plans to commence production, unless the restart schedule gets upset by any last minute changes. Crude oil has bee...
The British Prime Minister has warned retailers to start charging shoppers for the 13 billion plastic bags currently given away free each year. In the event of them failing to do so, the ...
Alcoa's packaging and consumer businesses have been acquired by New Zealand's Rank Group Ltd. Businesses included in the sale are: " Closure Systems International; " Consumer Products...
A sharp decline in the US dollar following a weak report on US economic growth, has taken oil prices to a new high. New York's main contract, light sweet crude for delivery in April yo-yo...
Keltic Petrochemicals' proposed Goldboro petrochemical plant to be located at Nova Scotia's eastern shore could be foiled. Regulators are pondering the potential negative impact of the US...
Qatar Petrochemicals Co (Qapco)'s chemicals unit expects to benefit this year from higher production and higher prices for its products, drawing on rising demand in Asia. After completi...
The Shaw Group Inc. has awarded a contract by Guru Gobind Singh Refineries Ltd. to provide technology, engineering and procurement services for a deep catalytic cracking unit at the grass...
In a bid to reduce the number of bags used by food buyers, UK's major retailer Marks & Spencer has announced a 5 pence charge. This levy will be charged for food carrier bags in all its s...
AMI's Polymer Sourcing Conference is a forum specifically designed for all companies involved in the European polymer supply chain, and will be held from 15-17 April at the Fira Palace Ho...
The stretch and shrink film industry is among the fastest growing and most dynamic flexible packaging segments in Europe. AMI's Stretch & Shrink Film conference has established a positio...
A fire at BASF's Ludwigshafen plant was caused by a malfunction in the steam cracker's internal steam system. An operational malfunction at its Ludwigshafen plant triggered safety procedu...
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