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LyondellBasell Forecasts A 3-5% Drop In Ethylene Demand In 2009 Recession and an increasingly competitive global market is forcing US petrochemicals producers to axe capacity to drive up operating rates and recover profitability, according to our latest US Petrochemicals Report. Read more on OfficialWire India Petrochemicals: PTA Supply In India Was Tight Going Into Q309 Due To The Temporary Closure Of Mitsubishi … Indian domestic petrochemicals demand slowed considerably in 2008/09 while exports were hit by the global financial crisis, but the latest India Petrochemicals Report projects domestic petrochemicals production capacities more than doubling in the next five years with…. Click Here to Read More

Casey Container Corp. (CSEY.BB) Acquires Rights to New EcoPure Technology, Offers Biodegradable Plastic Containers to … SCOTTSDALE, Ariz.—-Casey Container Corp. has acquired the licensing rights to incorporate EcoPure™ biodegradable additive into the manufacture of plastic containers for use in the food, beverage and pharma packaging industries. Read more on Business Wire via Yahoo! Finance Philippines Petrochemicals: Petron Is Optimistic About The Industry’s Profitability And Intends To Boost Its … Despite the difficult business climate, the Philippines’ oil refiner Petron continues its downstream expansion, according to the latest Philippines Petrochemicals…. Click Here to Read More