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March 20, 2014
Trinseo, formerly Styron, filed for an initial public offering worth up to $200 million today, nearly three years after the company filed for a $400 million that never commenced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Trinseo-refiles-for-IPO_59621.html
March 12, 2014
Trinseo, formerly Styron, reports net income for the 2013 fourth quarter of $10.6 million, up from a loss of $507,000 in the year-ago period. Adjusted Ebitda more than doubled, to $109 million, the result of improved styrene production margins and an additional $10 million in 2013 dividends from the Americas Styrenics joint venture....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/TrinseoStyron-swings-to-profit_59475.html
March 2, 2014
The Kuwait Styrene Co., (TKSC) today reported a net profit of $180 million for the fiscal year ending 31 December 2013. “Despite several challenges, these profits exceeded the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Kuwait-Styrene-reports-record-sales-and-profit-on-higher-demand_59249.html
February 27, 2014
Styrolution (Frankfurt), the global leading producer of styrenics jointly owned by BASF and Ineos, today announced record profits for 2013. Ebitda before special items for the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrolution-posts-record-profit-on-strong-styrene-PS-margins-optimistic-for-2014_59151.html
January 9, 2014
Americas Styrenics (The Woodlands, TX) plans to construct a deep water dock at its styrene production facility at St. James, LA, on the Mississippi River. The company expects to obtain local permits by mid-2014 and to bring the facility online in late 2015....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Americas-Styrenics-plans-deep-water-dock-for-St-James-facility_57856.html
November 27, 2013
Styrolution says it will consolidates its Indian operations. The assets include ABS India (SAI; Vadodara, India) and Styrolution India Private Ltd. (Mumbai). Styrolution India Private...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrolution-to-consolidate-its-ABS-operations-in-India_56957.html
October 31, 2013
Styrolution plans to add a production line for alpha-methyl styrene acrylonitrile (Amsan), a heat-resistance modifier, at its site in Altamira, Mexico, the company announced on 30 October....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrolution-to-add-Amsan-line-in-Altamira_56314.html
October 2, 2013
Petrobras's (Rio de Janeiro) shareholders have approved the sale of Innova (Triunfo, Brazil) to plastic packaging and styrene producer Videolar (São Paulo) in a deal valued at...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Petrobrass-shareholders-approve-divestment-of-Innova_55583.html
August 28, 2013
Industrial action could lift prices of petrochemical products transported along rivers and canals in Germany, market sources say. Ver.di, a trade union, says it has appealed to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Industrial-action-at-Germanys-canal-locks-boosts-petrochemical-prices_54796.html
August 18, 2013
Petrobras says that its board of directors on Friday approved plans to sell $2.1 billion worth of assets, including upstream and downstream operations. The company is selling...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Petrobras-sells-$2-1-billion-worth-of-assets-including-Innova_54546.html
July 26, 2013
Dow Chemical says it has completed the sale of its styrenics unit, Styron, to Bain Capital (Boston) for $1.63 billion. The company placed Styron up for sale in July 2009 and announced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Dow-Completes-Sale-of-Styron-Business_27502.html
July 26, 2013
Styron will change its name to Trinseo later this year. Private Equity firm Bain Capital (Boston) bought Styron from Dow Chemical in June 2010 for $1.63 billion. Styron product lines...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styron-to-Change-Name-to-Trinseo_34084.html
July 26, 2013
Styron Europe has announced a price increase of €110/m.t. ($144) across its polystyrene (PS) range, including its general-purpose PS and high-impact polystyrene (HIPS)...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styron-announces-&euro110m-t-PS-increase-on-the-back-of-rising-feedstock-costs_48803.html
June 17, 2013
European benzene supply is expected to remain tight as use of lighter feedstocks limits production of benzene coproduct, according to the latest IHS Chemical Market Advisory...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Tight-European-benzene-supply_52863.html
June 13, 2013
Two companies remain in the race for the acquisition of Innova (São Paulo), the styrene unit of state-owned Petrobras, based at Triunfo, Brazil, according to Valor...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Reports-Elekeiroz-and-Videolar-competing-to-acquire-Petrobrass-styrene-assets_52805.html
April 26, 2013
Shell Chemicals' steam cracker at Moerdijk, Netherlands, is experiencing technical difficulties that have delayed the plant's restart following planned maintenance, unconfirmed reports...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Reports-Technical-difficulties-delay-restart-of-Shells-Moerdijk-cracker_51527.html
March 21, 2013
Although shale gas has cut into North American benzene supply and raised prices, it has simultaneously advantaged the production of benzene derivatives...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/IHS-WPC-Shale-will-drive-benzene-derivatives-in-North-America_50684.html
March 7, 2013
Polystyrene (PS) prices fell in Europe between January and February, sliding on the back of lower-than-expected demand. But sellers are expecting an increase in the styrene monomer...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/European-PS-producers-bullish-on-prices-despite-weak-end-user-demand_50275.html
March 1, 2013
Oversupply and sluggish demand will continue to impact the price of acrylonitrile butadiene styrene (ABS) in Europe throughout 2013 with changes mostly dictated by feedstock prices, a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/European-ABS-prices-to-stagnate-in-2013-on-poor-demand-oversupply_50133.html
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