IHS Chemical Week

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

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September 19, 2007
Nova Chemicals has secured rights to the styrene production at Sterling Chemicals’ 1.7 billion lbs/year Texas City, TX facility for $60 million with the intention of halting production at the plant....
September 7, 2007
The Shaw Group says its Stone & Webster (S&W) unit has been awarded contracts to build two big ethylene plants and a large ethyl benzene (EB)-styrene complex in China. S&W...
August 21, 2007
Global styrene prices slumped in late July as production outpaced stagnating demand, especially in North America. But market watchers say the current dip is likely to represent the low...
August 20, 2007
Basell is the previously undisclosed company that has submitted an initial offer to buy most of BASF’s commodity styrenics activities, sources tell CW (CW, July 25, p. 9). BASF...
August 9, 2007
Global styrene prices slumped in late July as production outpaced stagnating demand, especially in North America. But market watchers say the current dip is likely to represent the low...
August 8, 2007
Saudi Petrochemical Co. (Sadaf), a joint venture between Sabic and Shell Chemicals Arabia, has reactivated plans to build a styrene unit and upped the plant’s initial capacity...
August 6, 2007
Asahi Kasei Chemicals (AKC; Tokyo), an Asahi Kasei subsidiary, will close a 150,000-m.t./year styrene line at Mizushima, Japan next October. The move is necessary to improve...
July 31, 2007
Royall: Carefully evaluating Sadaf 3. Shell Chemicals and Mitsubishi Chemical have terminated an agreement that granted Mitsubishi offtake rights to styrene made at the Seraya Chemical...
July 31, 2007
Nova Chemicals and Ineos have decided to name their expanded styrenics joint venture Ineos Nova. The business will be headquartered at Joliet, IL. The jv, as previously announced, is...
July 30, 2007
Lyondell Chemical and Sinopec say they have received final government approval to build a world-scale propylene oxide/styrene monomer (POSM) manufacturing facility in Ningbo, China...
July 30, 2007
BASF is considering quitting the styrenics business in Korea, local sources say. The company is a major producer of polystyrene (PS), expandable polystyrene (EPS), and acrylonitrile...
July 30, 2007
Jacobs Engineering Group has received a contract by Lyondell Chemical, to help prepare technical details for a previously announced propylene oxide-styrene monomer project in Ningbo...
July 30, 2007
Global Earnings to Rebound Earnings for the global plastics industry will rebound this year, following price declines in the past few months due to inventory destocking and falling...
July 27, 2007
Saudi Petrochemical Co. (Sadaf; Al Jubail), an equally owned joint venture between Shell and Sabic, has put its styrene expansion project on hold after several years of development, CW...
July 27, 2007
Nova Chemicals says it is “aggressively” pursuing two joint venture options for its Styrenix unit, after having rejected the first round of purchase offers. The jv could be...
July 26, 2007
Bayer has announced a price increase of €0.20-€0.25/kg, 5%-6%, for polycarbonate in Asia, Europe, and the Mideast, effective March 1 • Dow Chemical is seeking North...
July 25, 2007
Rhodia is seeking a €70/m.t., about 5%, price increase on adipic acid in Europe, effective January 1. The company cites continued increases in raw material costs • Dow...
July 25, 2007
First-quarter U.S. petrochemical production gained 4% from the year-ago period, to 48.5 billion lbs, says the National Petrochemical and Refiners Association (NPRA; Washington)...
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