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March 16 (yourpetrochemicalnews) -- Mitsui Chemicals, Inc. (Toshikazu Tanaka, President & CEO) announced the temporary suspension of operations at its ethylene plant in the Ichihara Works located in I...
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SINGAPORE (ICIS news) -- Shell will cut 2,000 jobs by the end of next year and plans to sell $1-3bn worth of assets in a bid to boost profits, the oil giant said on Tuesday. Downstream, the company ai...
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March 16 (plastemart) -- Negotiations are on between indebted British chemicals group Ineos and several parties to ink a deal to introduce a new investor or sell assets. Talks are at a preliminary sta...
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March 16 (plasteurope) -- Hungarian chemicals company BorsodChem could well be Chinese-owned in two years' time. After months of wrangling, current majority shareholders - private equity investor Perm...
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March 15 (StarAfrica) -- Nigeria's main armed group MEND threatened on Monday to attack oil firms such as French group Total in renewed violence in the country's restive oil-rich Niger Delta region. "...
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March 15 (prw) -- Russian oil and chemicals group JSC Alco-Naphtha is constructing what will be Russia's biggest PET polymer production plant to date in the western city of Kaliningrad. Work began ear...
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March 15 (plasteurope) -- The reorganisation plan for LyondellBasell approved by New York court on 11 March sets the stage for the group to exit US Chapter 11 on 30 April 2010. The reorganised olefin...
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March 15 (plasticsnews) -- A Taiwanese firm has developed its own version of micromolding injection machines and hopes to position them as a lower-cost alternative to German and Japanese machines that...
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March 15 (expressbuzz) -- The Supreme Court on Wednesday dismissed a batch of appeals and petitions challenging the clearances granted by Ministry of Environment and Forests, Government of India, and ...
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MOSCOW (MRC) -- Prices in the Russian LLDPE market had moved at the level of RUB57.000-60.000/mt by the middle of the current week - according to MRC Price Report. Nizhnekamskneftekhim resumed LLDPE ...
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March 12 (plasteurope) -- Arkema has reported a 38% year-on-year fall in operating profit (EBITDA) to EUR 310m in 2009. The company said that it had limited the impact of falling volumes by accelerati...
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March 12 (plastemart) -- Based on Russia's plentiful feedstock resources, petrochemical major Sibur is studying the construction of large-scale petrochemical and polymer production as per ICIS. Since ...
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March 12 (plastemart) -- Japan's Mitsui Chemicals Inc expects to restart its 553,000 tpa naphtha cracker in Chiba around late March after repairs. The cracker was originally shut on Feb. 28 due to a ...
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March 12 (plastemart) -- Spain's Repsol is to shut down its petrochemical units producing styrene, propylene oxide and glycols at the refinery indefinitely. It has also halted the hydrocracker at its ...
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MOSCOW (MRC) -- In January, estimated PP consumption went up by 29% (to 45.82 kt) in Russia compared to the same period last year - according to MRC Monthly Report.PP output went up by 27% and moved a...
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March 11 (plasteurope) -- Industrial packaging company Mauser is setting up two reconditioning joint ventures in Spain. The company said it had entered a strategic alliance to establish the jvs with E...
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March 11 (yourpetrochemicalnews) -- Arkema is implementing a price increase of 80┬/T (110 $/T) , for all Evatane╝ resins (High Content Ethylene Vinyl Acetate Copolymers). This increase will take effec...
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March 11 (plasteurope) -- The European plastics converters association EuPC recently organised a meeting with members of the European People's Party (EPP) to discuss the theme ⌠Plastics and trade. The...
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March 11 (Reuters) -- Billionaire Len Blavatnik, who led the 2007 leveraged buyout that created LyondellBasell, will seek a stake of up to 15 percent in the reorganized petrochemical maker when it exi...
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March 10 (plasteurope) -- Ineos has resumed operations at its swing plant for the production of HDPE and LLDPE, located in Grangemouth / UK. However, in response to a query by PIE, a company spokesman...
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