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March 19, 2013
Increases in polyethylene (PE) prices are expected to take place in Europe during March on the back of higher ethylene prices, but weak downstream converter and consumer demand are...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/European-PE-price-hikes-could-be-limited-by-weak-demand_50616.html
March 19, 2013
LyondellBasell Industries announced plans last week to add 800 million lbs/year of ethylene capacity at its Corpus Christi, TX, site by late 2015 as part of a capital spending ramp-up...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/LyondellBasell-boosts-US-ethylene-PE-expansion-plans_50545.html
March 14, 2013
LyondellBasell Industries said today that it will add 800 million lbs/year of ethylene capacity at its Corpus Christi, TX, site by late 2015. Company officials also announced plans to add as much as 1.2 billion lbs/year of polyethylene (PE) in the United States by 2016 at an analyst meeting in New York today....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/LyondellBasell-details-ethylene-boost-at-Corpus-Christi-plans-PE-unit_50474.html
March 4, 2013
Sabic will not be going ahead with plans announced last year to build a $5.3-billion methanol-to-olefins complex in Trinidad and Tobago in a joint venture with Sinopec, Sabic said...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sabic-pulls-out-of-$5-3-billion-methanol-to-olefins-JV-project-in-Trinidad-and-Tobago-Update_50216.html
March 1, 2013
Hanwha Chemical (Seoul) plans to build an ethylene plant in the United States in collaboration with a local shale gas company, Korean reports said today, citing an unnamed source...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Hanwha-Chemical-plans-ethylene-plant-in-the-United-States-based-on-shale-gas_49896.html
March 1, 2013
Hanwha Chemical (Seoul) plans to build an ethylene plant in the United States in collaboration with a local shale gas company, according to Korean press reports, citing an unnamed...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Hanwha-eyes-US-ethylene-plant-based-on-low-cost-shale_50173.html
March 1, 2013
Net income for the fourth quarter 2012 totaled $95.3 million, or $1.42 per diluted share, compared to net income of $26.4 million, or $0.40 per diluted share, in the year-ago period....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Westlake-earnings-soar-on-shale-advantage_49940.html
March 1, 2013
Fourth-quarter 2012 profit totaled $57 million on revenue of $1.104 billion, versus profit of $77 million on revenue of $1.102 billion in the year-ago period....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Nova-earnings-down-on-falling-ethylene-prices_50200.html
February 13, 2013
The project would add to a growing list of North American investments aimed at capitalizing on the region’s shale gas advantage...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Shell-studying-LAO-expansion-at-Geismar_49786.html
February 11, 2013
European January chlorine production reflects a month-on-month improvement in downstream demand owing to seasonal restocking of polyvinyl chloride (PVC). However, chlorine offtake was...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/European-chlorine-production-up-4-6-percent-on-previous-month-reflecting-moderately-higher-PVC-demand_49735.html
February 7, 2013
Braskem's net profit swung back to positive territory in the fourth quarter of 2012 as the company reported 275 million reais ($138.3 million) in net earnings, compared with a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Braskem-swings-to-a-net-profit-in-the-fourth-quarter_49647.html
February 5, 2013
The strike at Sabic Europe's plant at Geleen, Netherlands, has ended, according to a Sabic announcement to the Saudi stock exchange today. “Due to the limited magnitude of the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Staff-returns-to-work-at-Sabics-Geleen-plant_49580.html
February 1, 2013
Sumitomo Chemical says it has decided that it will close its 415,000-m.t./year ethylene plant at Chiba, Japan, by September 2015. Sumitomo says it is also considering the possibility...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sumitomo-Chemical-to-close-permanently-Chiba-ethylene-plant-Update_49496.html
January 31, 2013
Strike action at Sabic's plant at Geleen, in the region of Limburg, Netherlands, commenced today, and operations at the site's production plants are being wound down, Sabic says...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Strike-at-Sabics-Geleen-site-causes-progressive-halt-of-operations_49470.html
January 30, 2013
Employees at Sabic Europe's Geleen, Netherlands, complex have launched strike actions after talks between management and the FNV trade union on 28 January failed to reach an agreement...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Labor-dispute-threatens-operations-at-Sabics-Geleen-site-reports-say_49436.html
January 29, 2013
Technip says it has been awarded engineering and procurement contracts by Westlake Chemical for the previously announced expansion and modernization of the ethylene cracking furnaces...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Technip-awarded-contracts-for-Westlakes-ethylene-plant-expansion-in-Kentucky_49397.html
January 28, 2013
The Naphtachimie steam cracker at Lavéra, France, is expected to restart operations partially during the first half of March, IHS Chemical says. The cracker sustained a fire in...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Naphtachimie-cracker-at-Lavera-to-restart-partially-in-March_49375.html
January 28, 2013
National Petrochemical Co. (NPC; Tehran) will offer shares of Persian Gulf Holding, comprising 15 petrochemical firms, on the Tehran stock exchange, Fars News Agency reported today...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Irans-NPC-to-offer-Persian-Gulf-Holding-shares-on-stock-exchange-reports-say_49366.html
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