Page 61 - Plastics & Polymers

Indian Oil plans foray into petrochemical production in US

PSU is holding exploratory talks with companies in the US who are planning to set up downstream petrochemical unit

Engineering plastics market in US to reach 5.1 bn pounds in 2019

While automotive, electrical and electronic sectors will be largest users of engineering plastics, construction, medical and consumer sectors will provide the fastest growth, according to Freedonia

Mitsubishi to set up methanol and dimethyl ether plant in Trinidad and Tobago

The plant, which entails about $1 billion of investment, will have capacity to manufacture 1 million tonnes per annum (tpa) of methanol and 20 thousand tpa of dimethyl ether

Reliance Industries opens 650 KTA PET resin plant in Dahej

This consolidates Reliance's position as a leading PET resin producer with a global capacity of 1.15 MMTPA

Reliance Industries starts purified terephthalic acid plant in Dahej

With this new plant, which has a capacity of 1150 kilo tonne, Reliance Industries' total PTA capacity has been increased to 3.2 million metric tonne per annum

Indian Railways to set up design centre at National Institute of Design campus

The centre, located at NID campus in Ahmedabad, will develop new designs for further improving the passenger amenities and put into use soon on Indian Railways

Sharda Motor forms JV with Japan's Toyo Seat

The JV, which is expected to begin commercial operations in August/September 2015, will manufacture four wheeler seat components for India & exports market

Kuraray acquires Australia's Plantic Technologies

With this, Kuraray expands into bio-based barrier materials, which meet the increasing global demand of bio-based food packaging materials

BioAmber licenses Johnson Matthey technology to produce BDO & THF

The licensing package will enable BioAmber to construct plant that uses bio-succinic acid as the feedstock to produce 1,4-butanediol (BDO) and tetrahydrofuran (THF)

Asahi Glass to invest $400 mn in Indonesia

The company will construct power plant to enhance the competitiveness of its chlor-alkali business in Southeast Asia

A Schulman to set up masterbatch plant in Turkey

The new facility will produce the company's premium additive, white, and breathable masterbatches for food and industrial packaging customers in Turkey

Italy's Maire Tecnimont bags Euro 350 mn contract for PP plant in Azerbaijan

The company has reached agreement with Socar Polymer for an EPC lump sum contract for the implementation of a polypropylene plant at the industrial site of Sumgayit, Azerbaijan

Tetra Pak's sales in India up 19%

Globally, Tetra Pak achieved net sales of Euro 10.9 billion in 2014, up 1.7 per cent from 2013, with strong growth in capital equipment and technical sales

Consultative Committee meets to discuss PCPIRs, plastic parks

The Government aims to achieve an investment of Rs 7,62,000 crores and generate employment for 34 lakh people in PCPIRs in time bound manner

Siluria opens demo plant to directly convert natural gas to ethylene

Innovation will enable natural gas to supplement crude oil world-wide for transportation fuels and commodity chemicals

PET and PBT resins market to reach $1.9 bn in India

Demand for these resins has been on the rise due to increasing usage in industries such as packaging, automobile, electrical & electronics, etc, according to Research and Markets

Bio-on and Pizzoli join hands to make bioplastics from potato waste

The two companies aims to build a plant producing 2,000 tonne per annum (tpa) of PHAs (or bioplastics), expanding to 4,000 tpa in the future

Phase change material: Can it led a revolution in refrigeration tech?

If introduced, PCM, which has the ability to store and release large amounts of heat/energy while maintaining a constant temperature, can prove to be a boon to the refrigeration industry

Fire at Dragon Aromatics plant in China raises paraxylene, benzene prices: Platts

Dragon Aromatics, owned by the Taiwanese petrochemical group Xianglu Group, is one of the largest independently-run paraxylene (PX) producers in China

PolyOne launches bio-based polymer for offering sustainable solution

Geon Bio Flexible Solutions has been formulated with a bio-derived plasticiser in compliance with phthalate-restrictive regulations, claims the company