EuroCham: Vietnam safe for overseas investors Thứ tư, 29/04/2009, 16:00 (+0700)
The European Chamber of Commerce (EuroCham) stated that Vietnam is “a safe place for foreign investors” during talks between representatives of a number of European businesses and the Vietnamese Ministry of Trade and Industry in Hanoi on April 27. At the event, EuroCham President Alain Cany confirmed that Vietnam remains an important partner for the EU, particularly in trade, and praised the country’s growth rate, its dynamism and untapped potential.

Australian firms high on prospects Thứ tư, 29/04/2009, 15:31 (+0700)
The Vietnamese government is reacting appropriately to the current global crisis and the country’s economic downturn, leaving foreign investors confident about Vietnam’s quick recovery capabilities, as well as the country’s medium-term outlook. ANZ are among the many Australian firms buzzing over Vietnam’s medium-term outlook Charles Goode, chairman of the Australia and New Zealand Banking Group, said that Australian businesses were impressed with the government’s ability to manage short-term problems while still convincing investors to improve the local business environment for the medium- and long-term.

Malaysia: Rising resin prices hit plastic goods makers Thứ năm, 30/08/2007, 14:25 (+0700)
The sharp increase in plastic resin prices has forced plastics manufacturers to pass part of the cost increase to intermediate users and retailers.

China - Shenyang to build polyethylene unit. Thứ năm, 30/08/2007, 14:24 (+0700)
Shenyang Chemical intends to set up its first polyethylene (PE) facility in Shenyang, Liaoning province by the end of 2008.

BASF announces price increase for engineering plastics Thứ năm, 30/08/2007, 14:24 (+0700)
Due to unprecedented and sustained higher costs in raw materials, energy and transportation, BASF will increase prices in its engineering plastics product line in North America, effective August 20, 2007, or as contracts allow, for all shipments.

GE, Mitsui Chemicals and Nagase Reach Agreement on their Japan Joint Ventures Thứ năm, 30/08/2007, 14:20 (+0700)
TOKYO, Japan - GE, Mitsui Chemicals, Inc. (MCI) and Nagase & Co., Ltd. (Nagase) announced today that they have reached the following agreement regarding their Japanese joint ventures GE Plastics Japan Ltd. (GEPJ) and GEM PC Ltd. (GEMPC).

Indorama to Construct 432,000 Ton/Year Plant in Decatur, Alabama Thứ năm, 30/08/2007, 14:18 (+0700)
DECATUR, Ala-- AlphaPet, Inc., a new subsidiary of Indorama Polymers, Thailand (IRP), announced that it has selected Decatur, Alabama as the site of its new polyethylene terephthalate (PET) plant.

Borouge to build polypropylene plant in China Thứ năm, 30/08/2007, 14:16 (+0700)
A statement released by Abu Dhabi-based petrochemicals maker Borouge said that the company will build its first overseas plant in China

Formosa likely to put off restart of No.1 cracker Thứ năm, 30/08/2007, 14:15 (+0700)
Taiwan's Formosa Petrochemical Corp is likely to shut down its 700,000 tpa naphtha cracker for longer than planned- possibly at least two to three days. Formosa's No

Chevron Declares Force Majeure at Pascagoula Thứ năm, 30/08/2007, 14:02 (+0700)
Chevron Corp. (CVX) isn't taking all of the crude oil it's contractually obligated to take for its refinery in Pascagoula, Miss., CNBC reported on Aug 24, citing Energy News Today.

Chemtura’s Ba-59p Flame Retardant Off-List Price Increase Thứ năm, 23/08/2007, 10:17 (+0700)
Chemtura Corporation (NYSE:CEM) announces an off-list price increase of $0.25/kg for its BA-59P flame retardant (tetrabrominobisphenol A), effective Sept. 1 or where contracts allow.

Conair opens Chinese manufacturing facility Thứ năm, 23/08/2007, 10:16 (+0700)
Conair has officially opened its Chinese plant located at the Songjiang Industrial Park, Shanghai.

Central & Southern Asia Refining News PTT to Restructure Refinery Units Thứ năm, 23/08/2007, 10:15 (+0700)
PTT Plc, Thailand's largest oil and energy conglomerate, is embarking on a five-year plan to restructure its refinery business to improve its competitiveness by merging the group's refinery affiliates.

Far East Petrochemical News China's Polyethylene Consumption Enters Peak Period Thứ năm, 23/08/2007, 10:15 (+0700)
China's consumption of polyethylene is expected to reach 14.14 million tons by 2010, according to a forecast made by the China Petroleum and Chemical Industry Association.

Oil prices rise on news of refinery fire in USA Thứ năm, 23/08/2007, 10:14 (+0700)
Light, sweet crude for September delivery rose to US$71.50 a barrel in Asian electronic trading on the New York Mercantile Exchange, midmorning in Singapore.

BASF wins lawsuit against Lyondell Chemical Co. for overpricing Thứ năm, 23/08/2007, 10:13 (+0700)
German chemicals company BASF AG has won a lawsuit against its U.S.-based supplier Lyondell Chemical Co. for overpricing of propylene oxide.

Cheaper and more effective bioplastic packaging for food, pharma and cosmetics Thứ năm, 23/08/2007, 10:13 (+0700)
Netherlands-based Purac, a producer of lactic acid for the food sector, has invested in new lactides that will contain (L+) and D(-) lactic acids and will potentially provide the food, pharma and cosmetics industries with cheaper and more effective bioplastic packaging.

Lotte Daesan to expand ethylene output to 1 mln tpa Thứ năm, 23/08/2007, 10:12 (+0700)
Lotte Daesan Petrochemical, part of Honam Petrochemical (Seoul, South Korea), plans to expand ethylene capacity from 600,000 tpa to 1 mln tpa.

Mattel announces expanded recall of toys due to excessive lead Thứ năm, 23/08/2007, 10:11 (+0700)
Mattel Inc announced yesterday (August 14) that the company has voluntarily recalled one toy from the "CARS" die-cast vehicle line ("Sarge" character), manufactured between May 2007 and July 2007, containing impermissible levels of lead.

Cereplast Opens Sales Office in Hong Kong Thứ tư, 15/08/2007, 10:56 (+0700)
HAWTHORNE, Calif. -- Cereplast, Inc. manufacturer of proprietary bio-based renewable plastics, began operations in Hong Kong, establishing its first-ever international sales office.

UK plastics electronics technology centre being built Thứ tư, 15/08/2007, 10:55 (+0700)
A new £10m facility that will provide a central base for multinational companies exploring the plastic electronics market, as well as dynamic academic spin-outs and universities, is being built in County Durham in North East England.

Sinopec plans JV refinery and petrochem project Thứ tư, 15/08/2007, 10:54 (+0700)
Asia's top refiner Sinopec is planning a new joint venture refinery and petrochemical complex to consolidate its foothold in South China.

Sumitomo Chemical to expand polypropylene compounds business in North America and Europe Thứ tư, 15/08/2007, 10:54 (+0700)
Sumitomo Chemical will establish new manufacturing and marketing operations in both North America and Europe for polypropylene (PP) compounds used in automobile bumpers and other components as part of the global strategy of its polypropylene business.

Dow Announces Price Increase For Acrylates In All Regions Thứ tư, 15/08/2007, 10:53 (+0700)
Midland, MI - The Dow Chemical Company and its affiliates have announced price increases for acrylic acid and esters, also known as acrylic monomers or acrylates, effective September 1, 2007, or as otherwise allowed by individual contract terms.

Lotte Daesan halts polypropylene output on outage Thứ tư, 15/08/2007, 10:51 (+0700)
SEOUL - South Korea's Lotte Daesan Petrochemical Corp. has shut its polypropylene production, its main finished product, due to an unexpected outage on last Thursday, the company said.

World's largest plastics recycling plant commissioned Thứ tư, 15/08/2007, 10:50 (+0700)
Beijing-- China has commissioned the world's largest plastics recycling processing plant here which can recycle 60,000 tonnes of waste plastics annually, equivalent to a yearly saving of 300,000 tonnes of petroleum.

Taiwan Polypropylene Co., Ltd. To Merge with Lee Chang Yung Chemical Industry Corporation Thứ tư, 15/08/2007, 10:50 (+0700)
Taiwan Polypropylene Co., Ltd. announced that it plans to merge with Lee Chang Yung Chemical Industry Corporation.

JDSU Introduces New Color-Shifting Capability of High-Performance Pigment Thứ tư, 15/08/2007, 10:48 (+0700)
MILPITAS, Calif. -- JDSU (Nasdaq: JDSU; and TSX: JDU) has taken a color-generating cue from nature. The company, a leading enabler of broadband and optical innovation, introduced ChromaFlair® ColorShift Glitter, a new color-shifting flake that gives paints, coatings, plastics, textiles and packaging the ability to exhibit a wide range of hues when viewed from different angles.

China exports 3.66 million tons of plastic goods in first half Thứ tư, 08/08/2007, 11:21 (+0700)
China exported a total of 3.66 million tons of plastic goods in the first half of the year, a 4.1% increase from 3.52 million tons in the corresponding period last year.

UK firm set to build food-grade HDPE recycling plant Thứ tư, 08/08/2007, 11:21 (+0700)
31 July 2007 – Waste Exchange Services (WES), a recycler based in the northeast of England, is building a dedicated food-grade bottle-to-bottle HDPE recycling plant at its Wilton site in Teesside.