IHS Chemical Week

Archives :: Markets :: Basic Chemicals :: Petrochemicals :: Styrene

Displaying 1 - 20 of 142 stories.
November 19, 2014
BASF has completed the sale of its 50% share in Styrolution to its partner, Ineos. Relevant merger control approvals have been granted. Styrolution was founded in October 2011 as a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/BASF-completes-divestment-of-50-percent-stake-in-Styrolution-to-Ineos_65477.html
November 7, 2014
Westlake Chemical is restarting its 263,000-m.t./year styrene plant at Lake Charles, LA, after shuttering the facility more than two months ago due to unfavorable economics. Product...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Westlake-restarting-styrene-plant-on-lower-benzene-prices-tighter-European-market_65232.html
November 3, 2014
Several petrochemical plants and refineries in the United States will complete scheduled turnarounds over the next few weeks, and the additional production will enter an already...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/US-plant-turnarounds-end-amid-long-supplies-declining-prices_65057.html
October 9, 2014
Europe's styrene monomer market is facing supply constraints and a potential price spike. Europe's spot styrene prices have risen sharply since an 2 October close of $1,515-1,530/m.t...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Supply-constraints-tightening-styrene-but-demand-remains-weak_64378.html
October 8, 2014
A steam leak this morning at Shell's Moerdijk, Netherlands facility has impacted operations at the site. The leak has since been resolved, the company says. "However, the effects...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Leak-at-Shell-Moerdijk-impacts-operations-styrene-prices-inch-upward_64240.html
October 8, 2014

Trinseo (Berwyn, PA),  formerly Styron, says it is reorganizing its business divisions into two groups and reassigning members of the executive team. A newly created performance materials division will include rubber, latex, and performance plastics consisting of the automotive and consumer essential markets businesses. A new basic plastics and feedstocks division will include styrenic polymers—polystyrene, ABS, SAN—polycarbonate, and styrene monomer.

...

http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Trinseo-realigns-businesses-leadership_64342.html
October 3, 2014
Styrene spot prices jumped Friday as buyers continued to seek material following reports that a steam leak affected production at Shell's Moerdijk, Netherlands, facility. Two separate...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrene-spot-prices-in-Europe-climb-following-incident-at-Moerdijk_64265.html
October 2, 2014
Brazil's antitrust body CADE (Brasilia) has approved the acquisition of Innova (Triunfo, Brazil), a subsidiary of Petrobras (Rio de Janeiro), by plastic packaging and styrene producer...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Brazil-antitrust-body-approves-Videolar-acquisition-of-Petrobras-styrenic-assets_64231.html
September 30, 2014
Styrolution says it will begin production of NAS and Zylar transparent styrene copolymers at a new plant in Ludwigshafen, Germany, in early October. The company has already begun production of NAS in Decatur, AL....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrolution-completes-transparent-styrene-copolymer-projects_64153.html
September 29, 2014
Americas Styrenics (AmSty; The Woodlands, TX) will open a new styrene truck terminal at its Channahon, IL, facility, on 1 October. The terminal, wholly owned by AmSty, will schedule shipments seven days per week, says the company, which has reached an agreement with Hoffman Transportation to dedicate a number of trucks exclusively for the terminal....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/AmSty-to-open-new-styrene-truck-terminal-in-Illinois_64122.html
September 17, 2014
Shell Chemicals says it will rebuild the MSPO-2 propylene oxide–styrene monomer (POSM) plant at the company's Moerdijk, Netherlands, facility. In a statement issued on 17 September, Shell says it has determined the cause of an explosion that destroyed the plant in June and that it “is convinced that a similar incident can be prevented from occurring again in the future.”...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Shell-to-rebuild-Moerdijk-POSM-plant_63866.html
August 6, 2014
Trinseo (Berwyn, PA) reports a second-quarter net loss of $45 million, down from a loss of $28 million in the year-ago period. Revenues declined 2% year-over-year (YOY) to $1.3 billion. Adjusted earnings of 28 cts/share were shy of the analysts’ consensus estimate of 31 cts/share, as compiled by Thomson Reuters....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Trinseo-reports-second-quarter-loss-of-$45-million_63038.html
June 25, 2014
Kraton Performance Polymers’ planned merger with the styrenics block copolymers (SBC) unit of LCY Chemical (Taiwan) may not pay off for two years later than expected, the company said on 24 June. The company’s stock price fell 14% the day of the announcement, losing $3.60/share to close at $21.53/share....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Kraton-shares-fall-14-percent-on-weaker-post-merger-earnings-forecast_62008.html
June 12, 2014
Trinseo, formerly Styron, shares today began trading on the New York Stock Exchange (NYSE) under the symbol “TSE,” at $19/share. The company announced earlier this month...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Trinseo-prices-shares-at-$19-begins-trading_61722.html
June 6, 2014
Trinseo, formerly Styron, today launched an initial public offering, aiming to raise $170–190 million through the sale of 10 million common shares. The company has also applied...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Trinseo-launches-$180-million-IPO_61481.html
June 5, 2014
The explosion that occurred in the evening of 3 June at Shell Chemicals' Moerdijk, Netherlands, site has caused styrene prices to rise and is expected to result in more balanced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Moerdijk-explosion-drives-up-styrene-spot-prices-in-Europe_61583.html
May 14, 2014
Styron (Berwyn, PA) reports first-quarter income of $17.1 million, compared with a loss of $9.7 million in the year-ago period. Sales totaled $1.36 billion, down 2.3% year-over-year (YOY) on lower selling prices, partly offset by higher volumes and favorable currency impact....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styron-swings-to-$17-million-profit_61060.html
March 28, 2014
Styrene margins will improve as direct production of propylene oxide (PO) reduces the need for propylene oxide-styrene monomer (POSM) technology, says Peter Feng, sr. director/styrenics and phenolics at IHS Chemical. “It is the development of direct PO that saved the styrene market,” he says....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/IHS-WPC-2014-Styrene-margins-to-improve-with-displacement-of-POSM-technology_59888.html
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