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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
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...
With effect from February 1, 2008, Ineos Nova has raised prices for all its polystyrene grades in Europe by EUR 50/ton, on account of higher styrene monomer contract and further erosion o...
Saudi Basic Industries Corp. (SABIC) plans to restart operations at its MEG plant. SABIC had lowered production rate at this plant after an explosion at an air separation unit in August.
Basell has been awarded permission by the European Commission to buy the Berre-l'Etang refinery in France from Royal Dutch Shell for US$700 million. Basell is a large, European plastics m...
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