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October 27, 2015
September statistics for Chinese imports show styrene volumes at an all-time high of 422,520 m.t., up 116,506 m.t. from the previous month. Monthly import volumes for 2015 had...
October 27, 2015
BP's petrochemicals business posted a 47% drop in underlying replacement-cost profit before interest and tax in the third quarter compared with the corresponding period of last year...
October 27, 2015
Huntsman reports net income of $55 million for the third quarter, down 71% year-over-year (YOY), on revenues of $2.638 billion, down 9% YOY. Adjusted earnings of 47 cts/share, beating the analysts’ consensus estimate of 41 cts/share as compiled by Thomson Reuters (New York). Sales and earnings declined in all segments, mainly on currency effects, but also lower volumes in advanced materials, textile effects, and pigments & additives....
October 27, 2015
Air Liquide's revenue during the third quarter totaled €4.1 billion ($4.52 billion), up 4.6% year-on-year (YOY) on a comparable basis, the company says. The figures exclude...
October 27, 2015
Shin-Etsu Chemical reports 13% higher net profits for the fiscal first half, ended 30 September, compared with the year-ago period, to ¥76.6 billion ($636.8 million). First-half...
October 27, 2015
Covestro (Leverkusen), formerly Bayer MaterialScience, on Tuesday reported higher earnings on lower sales and stable volumes at declining selling prices. Covestro, in its first report...
October 27, 2015
BASF on Tuesday reported 10% lower third-quarter Ebit before special items, €1.6 billion ($1.77 billion) on 5% lower sales, at €17.4 billion, in what the company describes as...
October 27, 2015
ACC has released its global chemical regional production index (global CPRI), showing positive growth as the global economy ends the third quarter. The Global CPRI rose 0.3% on a...
October 26, 2015
Ineos Oligomers has asked the Texas Commission on Environmental Quality (TCEQ) for permission to build a planned 350,000 m.t./year linear alpha-olefins (LAO) plant at parent Ineos’s Chocolate Bayou works in Alvin, TX. Other locations are still under consideration, however....
October 26, 2015
Shin-Etsu Chemical plans to invest a total of ¥20 billion ($165.2 million) in its silicones business in Japan, the company said on Monday. At the Gunma complex, the company’s...
October 26, 2015
Ube Industries will double capacity for polycarbonate diol in Thailand in response to demand from China and Southeast Asia. Ube Industries commands 60% of the global market for the...
October 26, 2015
Advanced Petrochemical Co., a Saudi producer of propylene and polypropylene, said on Sunday that its joint venture in South Korea, SK Advanced, completed constructing a propane...
October 26, 2015
Applied Graphene Materials (Redcar, UK) announced on Friday that it has entered into a joint development agreement with Puralube Germany (Elsteraue), soon to be known as Puraglobe, a...
October 26, 2015
Pirelli, Rosneft (Moscow), and Synthos (Oswiecim, Poland) on Thursday signed a memorandum of understanding (MOU) covering future cooperation in the previously announced synthetic...
October 26, 2015
Kemira (Helsinki) has announced sales of €625.1 million ($704.2 million) in the third quarter of 2015 compared with sales of €541.5 million in third-quarter 2014, an increase...
October 23, 2015

Styrolution has suspended development of an acrylonitrile-butadiene-styrene (ABS) joint venture with Braskem, citing market conditions in Brazil and the rest of South America. “Sadly, the rapid deterioration of the business climate in the region has significantly increased market and project execution risk,” says Kevin McQuade, CEO, Styrolution.


October 23, 2015
LyondellBasell Industries reports third-quarter net income of $1.186 billion, down 6% year-over-year (YOY), on sales of $8.334 billion, down 31% YOY. Adjusted earnings of $2.80/share were well ahead of the mean analysts’ estimate of $2.57, as compiled by Thomson Reuters (New York). Analysts attributed the beat to higher ethylene margins resulting from lower ethylene costs....
October 23, 2015
Norfolk Southern Corp. (Norfolk, VA) says that its rail-operating subsidiaries will no longer accept shipments of poisonous-inhalation-hazard (PIH) commodities, effective 1 December...
October 23, 2015
Pallas Nitrogen Texas (Dallas) says that it has completed "significant development, permitting, and engineering" on a project to build an ammonia plant at Pasadena, TX...
October 23, 2015
ENI (Rome), Italy’s energy major, has confirmed that it is looking for options for its chemicals subsidiary Versalis (Milan). Responding to media reports that ENI is planning to...
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