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March 19, 2013
Ineos Phenol and Sinopec Yangzi Petrochemical Co. (Sinopec YPC) have initialled joint venture agreements for the design, build, and future operation of a previously announced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/phenol/Ineos-Sinopec-proceed-with-phenol-acetone-investment_50536.html
March 11, 2013
Ineos Phenol and Sinopec Yangzi Petrochemical Co. (Sinopec YPC) have today initialled joint venture agreements for the design, build, and future operation of a previously announced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/phenol/Ineos-and-Sinopec-go-ahead-with-$500-million-phenol-acetone-investment-in-China_50408.html
January 30, 2013
Borealis announced major investment projects today at its manufacturing plants at Stenungsund, Sweden; and Porvoo, Finland. The investments, with a combined expenditure in excess of...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/phenol/Borealis-announces-&euro45-million-investment-at-sites-in-Sweden-Finland_49441.html
April 20, 2012
Honeywell’s performance materials and technologies unit posted first-quarter segment profit of $319 million, a 12% gain from the year-ago quarter. Sales were up 19%, to $1.62 billion. UOP sales were up 40% from the prior-year quarter, Honeywell says....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/phenol/UOP-Lifts-Honeywells-Chemical-Results_42869.html
March 2, 2012
Momentive Specialty Chemicals reported a fourth-quarter net loss of $47 million, compared with net income of $53 million in the year-ago period. The company’s revenues fell 2% to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/phenol/Momentive-Records-Losses-on-Destocking-Volume-Declines_41774.html
February 16, 2012
Momentive Specialty Chemicals says it will close its Pardubice, Czech Republic  phenolic specialty resins facility June 30 to better align its assets with European market demand...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/phenol/Momentive-to-Close-Czech-Phenolic-Resins-Plant_41435.html
January 11, 2012
UOP, a Honeywell subsidiary, says it has been selected by Kumho P&B Chemicals (Seoul) to provide technology for a new phenol plant at Kumho P&B Chemicals’ site at Yeosu...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/phenol/UOP-Technology-Selected-for-Phenol-Project-in-Korea_40371.html
January 10, 2012
Momentive Specialty Chemicals (Columbus, OH) has announced an increase in prices of the epoxy resin products in the regions of Europe, Mideast, and Africa (EMEA) by €130/m.t...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/phenol/Momentive-Increases-Prices-of-Epoxy-Resins-in-the-EMEA-Region_40353.html
October 19, 2011
Cepsa (Madrid) has held a groundbreaking ceremony for a previously announced phenol-acetone project at Shanghai. The plant will be built in the Shanghai Chemical Industry Park at...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/phenol/Cepsa-Breaks-Ground-on-Phenol-Acetone-Project-at-Shanghai_38421.html
October 4, 2011
Industry executives attending the European Petrochemical Association (EPCA) annual meeting, currently taking place in Berlin, confirm a weakening in demand in petrochemical markets in...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/phenol/EPCA-2011-Petrochemical-Markets-Soften_38018.html
August 22, 2011
Sunoco says it will sell its phenol manufacturing facility in Haverhill, OH to Goradia Capital (Houston) for $106.5 million. The deal is part of Sunoco’s previously announced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/phenol/Sunoco-Sells-Remaining-Phenol-Unit-to-Goradia-Capital-for-$106-Million_37004.html
August 19, 2011
This Week on CW:   Coca-Cola's willingness to pay a premium for bio-based materials, particularly PET, could have vast impacts on the supply chain.   The European Commission...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/phenol/Chemical-Industry-Weekly-News-Round-Up-Aug-19_37045.html
August 18, 2011
KBR (Houston, TX) says it has been awarded a contract by LG Chem to license KBR’s  phenol technology for LG Chem’s 240,000 m.t./year phenol plant at Daesan, Korea. KBR...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/phenol/KBR-Awarded-Contract-for-LG-Chems-Phenol-Plant-in-Korea_36949.html
August 16, 2011
Sunoco says it will sell its phenol manufacturing facility in Haverhill, OH to Goradia Capital (Houston) for $106.5 million. The deal marks Sunoco’s exit from the chemicals business. The deal is expected to be completed by the end of 2011....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/phenol/Goradia-Capital-Acquires-Sunocos-Phenol-Assets_36923.html
July 6, 2011
The European Commission has cleared the proposed acquisition of a controlling stake in Compañía Española de Petróleos (Cepsa; Madrid) by International...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/phenol/EU-Clears-IPICs-Acquisition-of-Cepsa-Despite-Overlaps-in-Phenol-and-Acetone_35939.html
May 31, 2011
Sunoco says it will sell its phenol and acetone plant at Frankford, PA to Honeywell for $85 million. The plant has the capacity to produce about 685 million lbs/year of acetone and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/phenol/Honeywell-Buys-Sunocos-PA-Phenol-and-Acetone-Facility_35136.html
May 18, 2011
Sunoco says it will sell its 1-billion lbs/year phenol and acetone facility at Philadelphia to Honeywell for $85 million. The deal is expected to close in the third-quarter of 2011...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/phenol/Sunoco-to-Sell-PA-Phenol-and-Acetone-Facility-to-Honeywell_34918.html
January 27, 2011
Ineos Phenol and Sinopec Yangzi Petrochemical Co. have signed a memorandum of understanding (MOU), agreeing the framework for the design and future operation of a previously announced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/phenol/Ineos-and-Sinopec-Sign-Agreement-for-Phenol-Acetone-JV-in-China_32436.html
January 25, 2011
Formosa Chemicals and Fibre (Taipei) has awarded an engineering contract to Lummus Technology for a large cumene and phenol complex. The complex will be built at Formosa's major site...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/phenol/Formosa-Chemicals-and-Fibre-Builds-Large-Phenol-Complex-in-China_32377.html
January 19, 2011
AXA Private Equity (Paris) has agreed to acquire a majority stake in Novacap (Lyon, France) from Bain Capital for about €240 million. The exact size of the stake was not...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/phenol/AXA-Private-Equity-Agrees-to-Buy-Novacap-from-Bain_32219.html
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