IHS Chemical Week

Archives :: Markets :: Basic Chemicals :: Inorganic Chemicals :: Chlor-alkali

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March 12, 2014
Hanwha Chemical (Seoul), a producer of chlor-alkalis, polyethylene and polyvinyl chloride, as well as a major player in the solar energy, is in early stages of assessing the...
March 11, 2014
Ineos and Solvay have added assets at Wilhelmshaven, Germany, and they may have to add assets at Runcorn, UK, to the revised package of divestments submitted to the European Commission...
February 28, 2014
Solvay and Ineos say they have offered the European Commission a revised remedy package, consisting of substantial asset divestments, to secure the commission's approval for the...
February 24, 2014
Iluka Resources (Perth, Australia) is acquiring an 18.3% stake in Metalysis (Rotherham, UK), a Cambridge University spin-off that is developing a low-cost titanium process, for A$22.5...
February 20, 2014
Axiall reported fourth-quarter net income of $57 million, up 78% year-over-year (YOY). Net sales of $1.1 billion for the quarter were up 44% YOY. The company attributes the gains primarily to the merger with PPG’s chemical’s business. Adjusted earnings of 88 cts/share beat the analysts’ consensus estimate of 67 cts/share....
February 19, 2014
Westlake Chemical (Houston) held a dedication ceremony for its new Geismar, LA, chlor-alkali plant on 19 February....
February 18, 2014
The privatization of insolvent chemicals and petrochemicals producer Oltchim (Ramnicu Valcea, Romania) has been delayed by almost two months, the company says. The deadline for the...
February 3, 2014
Sahara Petrochemical Co. and Saudi Arabian Mining Co. announced today that they have completed test runs on their chlor-alkali and ethylene dichloride (EDC) complex at Al Jubail. The...
January 30, 2014
OxyChem, the chemical segment of Occidental Petroleum, reports fourth-quarter earnings of $128 million, down 29% year-on-year (YOY) from $180 million. Occidental attributes the result to higher energy and ethylene costs and lower caustic soda prices....
January 27, 2014

Olin reported fourth quarter net income of $24.7 million, down 29% year-over-year (YOY), on sales of $562.1 million, down 4% YOY. Reported earnings fell 28% YOY to 31 cts/diluted share, but equaled the analyst consensus.


December 20, 2013
Solvay has announced an agreement to sell its 70.59% stake in Solvay Indupa (Buenos Aires) to Braskem for $290 million. The deal, which is subject to antitrust approval, will give Braskem a commanding position in South America’s polyvinyl chloride (PVC) market....
December 20, 2013
The business activities of beleaguered polyvinyl chloride (PVC) producer Kem One (Lyon, France) will be run jointly by businessman Alain de Krassny and buyout firm OpenGate Capital...
December 5, 2013
The European Court of Justice (Luxembourg) has dismissed the appeals of Solvay, Caffaro (Torviscosa, Italy), and SNIA (Milan), and upheld a 2006 European Commission decision to fine...
December 2, 2013
Dow Chemical is carving out a $5-billion chunk of its chlorine value chain for disposal as part of the company’s long-term shift to higher-margin, noncyclical activities, Dow announced on 2 December. Over 40 manufacturing facilities at 11 sites and nearly 2,000 employees will be affected. The assets are to be split into three units: epoxy, chlorinated organics, and North American chlor-alkali and vinyl....
November 20, 2013
The official receiver of Kem One SAS (Lyon, France), the chlor-alkali and commodity polyvinyl chloride (PVC) division of Kem One (Lyon), met with the company's staff...
November 12, 2013
Oman Chlorine (Muscat) is planning a $70-million chlor-alkali plant at Abu Dhabi, according to a Reuters report quoting the company's managing director. The new production would meet...
November 11, 2013
Petroleos Mexicanos (Pemex; Mexico City) aims to improve operating margins in its petrochemical operations through the company's recently updated business plan for the period 2014-18...
November 5, 2013
Plant engineering and construction group ThyssenKrupp Industrial Solutions announced today that it has agreed with De Nora (Milan), an electrochemical technologies supplier, to form a...
October 29, 2013
Olin on 28 October reported third-quarter net income of $69.7 million, more than twice the year-earlier figure. Sales for the quarter totaled $670.7, up 15%. Earnings increased 15% to 86 cts/diluted share, handily beating the consensus estimate of 67 cts....
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