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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
The Chinese finance ministry and taxation bureau has begun charging the full rate of consumption tax for naphtha and fuel oil. The levy on naphtha has risen to CNY 0.2 per litre (around E...
Clear optical grade safety shielding with impact resistance 250 times that of glass of equivalent thickness has been introduced by thermoplastics engineering specialist Dotmar EPP as a hi...
Saudi Aramco's 400,000 bpd Ras Tanura refinery is scheduled for completion in December 2012, at an estimated investment outlay of US$8 bln. Output from the refinery will add to output fro...
Ineos Polyolefins is considering investing in random co-polymer technology on its liquid pool polypropylene (PP) unit at Grangemouth, Scotland. By linking ethylene supply from its cracker...
SABIC Innovative Plastics has commenced production of long glass fiber reinforced thermoplastic composites in Chung-Ju, Korea, to provide enhanced service and support for customers in Kor...
The European Commission has cleared Ineos' proposed acquisition of BP's Vinyl Acetate Monomer (VAM) and Ethyle Acetate (EtAc) units. The deal comprises 500,000 tpa production capacity at ...
In a bid to meet the growing demands for high tech plastics and rubber chemicals in East Europe, Lanxess has inaugurated a new distribution HQ in Bratislava, Slovakia- named LANXESS Cen...
Construction work has been initiated at a Yen 19 bln (US$93 mln) high-efficiency propylene unit in Ichihara, Chiba prefecture, Japan. The unit is a joint venture between Japanese refining...
With plans to shift focus to higher-growth operations, Dow Chemical Co. is reviewing several of its traditional chemicals and plastics businesses. Dow is shifting several of its businesse...
Ultra weatherable, high impact polycarbonate sheet, meeting USA's toughest building standard for hurricane zones, has been launched by Spartech. It's Sungard Ultra Weatherable Polycarbona...
South Korea's Daelim has been awarded a US$513 mln order from JG Summit Petrochemical Corp to build a petrochemical plant. The order is for a project to build an ethylene and propylene pl...
Huntsman Corporation plans to increase global methylene diphenyl diisocyanate (MDI) capacity through investment in a new, world scale MDI plant at its site in Rozenburg, the Netherlands. ...
Oil and Natural Gas Corporation (ONGC) has reduced the projected cost of proposed mega-petrochemical plant at Dahej, Gujarat, by Rs 1100 crore. The project was initially configured with a...
A six-member team of experts has visited the site for the proposed Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) at Nayachar Island in East Midnapore district. The tea...
New York's main contract, light sweet crude for delivery in April stood at US$99.2 per barrel. World oil prices have stabilized at US$99 a barrel in Asian trade. The higher price level ha...
German chemicals group Lanxess AG plans to invest €1 bln over the next three years on global expansion through new plants and capacity expansions. Price volatility in the petrochem feedst...
Plans are firming up for development of Oman's first-ever PET project at an investment of around US$210 mln. Promoters have secured land for the venture within the Port of Sohar and could...
Indonesia's Trans Pacific Petrochemical Indotama (TPPI) has declared force majeure on its products due to a problem with port facilities, rendering them unsafe for navigation. Duration of...
DSM Elastomers' new reactive extruder line in Triunfo, Brazil has become operational. The first samples have been shipped to customers, with commercial production slated to begin soon. Th...
An outage has caused Saudi Aramco to shut its hydrocracker facility at Ras Tanura refinery for about two weeks. An outage at the problem-ridden unit has shut down an operation of 44,000 b...
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