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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
Light, sweet crude for March delivery rose to US$92.11 a barrel in Asian electronic trading on the New York Mercantile Exchange by midday in Singapore. In London, Brent crude rose to US$9...
Ineos Phenol could be planning to lift force majeure by the end of the month, at its Antwerp plant with a capacity to produce 680,000 tpa of phenol unit. The second line, with an expanded...
Demand for North American equipment will continue to rise as concerns for product safety and tighter manufacturing regulations increase. For example, the rising tide of counterfeit drugs ...
United States of America will maintain its position as the global leader in packaging machinery turnover, as per a report by PMMI. Sales of North American-based packaging machinery suppli...
In a bid to provide a solid base for sustainable progress of Brunei, Iran is ready to cooperate in the development of its petrochemical industry. Brunei's wealth in oil resources makes it...
Metabolix, Inc., a bioscience company focused on developing clean, sustainable solutions for plastics, fuels, and chemicals, has initiated a program to develop an advanced industrial oils...
BASF has completed its European Company status, changing the name of the company from BASF to BASF SE (Societas Europea). BASF SE now has 12 board members equally represented by sharehold...
A new method of making ethylene that prevents greenhouse gas emissions has been created by scientists at the U.S. Department of Energy's Argonne National Laboratory. The clean, energy-eff...
Indorama Thailand is planning to set up a 2,00,000 ton greenfield PET manufacturing facility in Northern or Western India at an investment of US$30 mln. Other details are awaited. Indor...
China has experienced over two decades of high economic growth, which has been stimulated by the consecutive increases of industrial output, consumer consumption and capital investment. C...
In a bid to better serve its customers of polyethylene, polypropylene and advanced polyolefins in the growing Central and South Europe, LyondellBasell Industries has opened a sales office...
Gail has shown a dull performance in the December 2007 quarter, mainly due to lower petrochemical sales following a plant shutdown. However, GAIL was able to offset the high subsidy burd...
AC Muthiah-controlled Southern Petrochemical Industries Corporation's (SPIC) had planned to set up a purified terephthalic acid (PTA) and polyester filament yarn (PFY) facility at Manali ...
The Thailand-India free trade area (FTA) talks are expected to bump into a major stumbling block after a proposed revision of approved list of tariff cuts by India, seeking exclusion of p...
India and the EU had agreed to include at least 90% of traded products in a proposed bilateral agreement. This means that India will be allowed to exclude not more than 10% (450 products)...
Oil and Natural Gas Corp (ONGC) has sold 35000 tons of full-range naphtha for H1-March loading. The cargo was sold at a premium of US$13.50/ton to Middle East quotes, compared with a prem...
World oil prices plummeted by over one dollar on reports of a rise of 7 miln barrels in US crude reserves for the fourth week in a row. New York's main contract, light sweet crude for del...
Mangalore Refinery and Petrochemicals (MRPL) has sold 30,000 tons of full-range naphtha for early-March delivery. The availability of this additional material, one of the first Indian nap...
IndianOil plans to seek approval from its board next month, for the Rs 5,000 crore paraxylene unit at the Haldia refinery. MCC PTA India Corporation Pvt. Ltd. (a subsidiary of Tokyo-based...
Pertamina has awarded a US$300 mln lump sum turnkey contract involving the construction of a residue catalytic cracking offgas-to-propylene facility to Toyo Engineering and Indonesia's st...
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