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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
Solvay has received antitrust clearance from the European commission to sell its Caprolactones business to Perstorp, a specialty chemicals group from Sweden. The transaction was initially...
Iran's National Petrochemical Company (NPC) has awarded a €428 million contract for linear low density polyethylene (LLDPE) units to Iranian company of Nargan in partnership with Italy's ...
Oil prices rose past US$89 a barrel, on gains in Asian equity markets. Light, sweet crude for March delivery moved up to US$89.15 a barrel in Asian electronic trading on the New York Merc...
PetroChina Daqing Refining & Chemical Company has selected LyondellBasell Industries' Spherizone process technology for a new 300,000 tpa polypropylene plant to be built at Daqing, Heilon...
Hinduja Group India Ltd. has expressed interest in the chemical hub being planned by the Bengal government in the Nayachar-Haldia region. The group has major plans on the cards to invest ...
ExxonMobil's Q4 chemicals earnings dipped by 10% year on year to US$1.1 bln, due to lower margins and last-in first-out (LIFO) inventory effects. Interestingly, ExxonMobil made history by...
IndianOil plans to increase its capital expenditure by almost 80% to Rs 8,500 crore in 2008-09, from capex of Rs 4,500 crore for the current fiscal. The investments will increase further ...
The Omani Government is finalising discussions with two major potential stakeholders in refinery and petrochemicals complex at Duqm- a port town in central-eastern Oman. Over 20 firms hav...
Loyal Group- the world's largest producer of expandable polystyrene, headquartered in Taiwan, is to build a new plant in Poland at an investment outlay of €20mln. The new EPS plant, to be...
A new inexpensive, quick-drying polymer that could lead to dramatic cost savings and efficiency gains in semiconductor manufacturing and computer chip packaging has been developed by rese...
VMAP-a new range of polymer based adsorbents that are capable of adsorbing moisture, odors and organic volatiles has been developed by Brownell. VMAP maintains a high moisture adsorption ...
Diamant has introduced a bio degradable additive for Polypropylene. The Nor-x additive to manufacture a "degradable" Polypropylene tray will make Diamant the industry leader, making the c...
Zylog Plastalloys, a manufacturer of automotive polypropylene compounds for global market, won the prestigious AUTOPLAST SPEICON Award for Highest Plastic Content in 4 wheeler, at the rec...
Nova Chemicals Corp has reported profits for the fourth quarter, mainly due to higher sales, several one-time gains and a smaller restructuring charge than last year. Nova has earned US$1...
Ineos Polyolefins has declared force majeure for ethylene and propylene from its G4 cracker at Grangemouth, Scotland. Effect of the force majeure on PP and LLDPE production at the site ar...
At its recent meeting, OPEC has decided to leave its oil production ceiling unchanged at 29.67 mln oil barrels. President George W. Bush had recently urged OPEC to hike output to help bri...
In a move that will create higher margins for its products, IRPC Plc. (formerly known as Thai Petrochemical Industry) is considering a new investment of US$2.1 bln for a naphtha cracker a...
Oil giant Petron Corp. plans to commence production at two petrochemical feedstock plants in Bataan by end of February. Petron will inaugurate the 19,000 bpd Petro Fluidized Catalytic Cra...
China Petroleum and Chemical Corporation (Sinopec Corp.) and Saudi Basic Industries Corporation (SABIC) have signed a Heads of Agreement (HOA) towards forming a joint venture company. The...
SCG-Dow Group, a joint venture of The Dow Chemical Company (Dow) and Siam Cement Public Company Limited (SCG), is in the final stage to plan and build a specialty elastomers train at the ...
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