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July 6, 2011
Topping the headlines last week, Bain Capital's Styron is filing for a $400 million IPO. The company filed as Trinseo, which will be its name by the end of the year.   In M&A...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Chemical-Finance-Digest-June-27-July-1_35959.html
July 5, 2011
BASF has confirmed reports in the German media that it will receive €600 million ($870 million) from Styrolution (Frankfurt), the equally owned styrenics joint venture  with...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/BASF-to-Receive-&euro600-Million-from-Styrolution-JV-to-Equalize-Assets_35923.html
June 28, 2011
Styron, which is controlled by Bain Capital, today filed with U.S. regulators for a proposed initial public offering (IPO) of its common stock, seeking to raise as much as $400 million. The filing is under the company name Trinseo, which will be the name of the company by the end of this year....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Bain-Capitals-Styron-Files-for-IPO_35822.html
June 13, 2011
BASF and Ineos have received approval from the European Commission for the companies’ previously announced 50-50 Styrolution joint venture. The jv combines the global styrenics...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/BASF-and-Ineos-Get-Nod-for-Styrolution-JV-Divest-ABS-Unit_35413.html
June 13, 2011
The U.S. Department of Health and Human Services  (HHS) has added eight substances to the 12th edition of its Report on Carcinogens, published June 10. Formaldehyde and a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/U-S-Adds-Formaldehyde-Styrene-to-Federal-Carcinogens-List_35470.html
May 31, 2011
BASF and Ineos have told the European Commission that they are prepared to sell one production plant to gain regulatory approval for the companies’ previously announced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/BASF-and-Ineos-Offer-to-Divest-Styrenics-Plant_35131.html
May 16, 2011
Badger Licensing (Cambridge, MA), a joint venture of the Shaw Group and ExxonMobil Chemical, has been awarded a contract by Egyptian Polystyrene Production Co. (EStyrenics; Cairo) to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Badger-Bags-Contract-for-EB-SM-Complex-in-Egypt_34749.html
March 14, 2011
The Kuwait Styrene Co. (TKSC), a joint venture between Kuwait Aromatics Co. and Dow Chemical, has announced an $81 million net profit for the fiscal year ending December 31, 2010...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Kuwait-Styrene-Makes-Profit-on-the-Back-of-Rising-Petrochemical-Prices_33428.html
March 9, 2011
Bain Capital (Boston), the private equity firm that purchased Styron from Dow Chemical last year, is planning to launch a $1.6-billion initial public offering (IPO) of Styron, media...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Bain-Planning-Styron-IPO_33311.html
December 14, 2010
Keyuan Petrochemicals (Ningbo, China) says it will spend about $3.8 million to expand petrochemical capacity at its by about 30%, to 720,000 m.t./year at its Nigbo facility. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Keyuan-Petrochemicals-to-Boost-Capacity-at-Ningbo_31589.html
October 4, 2010
Westlake Chemical says it has purchased a 50% equity interest in Cypress Interstate Pipeline from Kinder Morgan Energy Partners (KMP; Houston). Financial details were not disclosed...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Westlake-Buys-Stake-in-NGL-Pipeline_29929.html
August 25, 2010
Kraton Polymers say it has initiated a project assessment for building a 30,000-m.t./year hydrogenated styrenic block copolymer (HSBC) plant in Asia. Strong growth in Kraton’s...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Kraton-Polymers-Plans-New-HSBC-Plant-in-Asia_29023.html
August 17, 2010
Keyuan Petrochemicals (Ningbo, China), an independent producer of petrochemicals established in 2007, reported a $4.9-million net income in the second quarter of this year and $10.7...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Keyuan-Petrochemicals-Reports-Higher-Sales-and-Earnings_28829.html
July 12, 2010
The private equity firm TowerBrook Capital Partners (London) is seeking a buyer for PolymerLatex (Marl, Germany). TowerBrook has been the owner of PolymerLatex, Europe's second largest...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/TowerBrook-Capital-Partners-Seeks-Exit-from-PolymerLatex_27992.html
May 27, 2010
Nova Chemicals recorded net income of $94 million during the first-quarter of 2010, compared to a net loss of $123 million during the same quarter last year, the company announced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Nova-Swings-to-Profit-as-Revenue-Rises_27068.html
May 13, 2010
The global styrenics picture is bleak, said Vince Sinclair, director styrenics and phenol/Asia at CMAI (Singapore) at today’s APIC conference in Mumbai. The polystyrene (PS)...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/APIC-Styrenics-in-Dire-Shape_26693.html
May 5, 2010
Honam Petrochemical (Seoul), following months of speculation, has confirmed that it is out of a previously announced multi-billion dollar petrochemical joint venture project at...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Honam-Petrochemical-Confirms-Exit-from-Qatar-Project_26545.html
May 5, 2010
Ineos Nova International today called force majeure on deliveries of all its general purpose polystyrene (GPPS) grades and its expandable polystyrene (EPS) packaging grades from its...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Ineos-Nova-Declares-Force-Majeure-on-Polystyrene-Due-to-Strike_26544.html
March 2, 2010
TPG Capital (Fort Worth, TX), one of the half a dozen private equity bidders to acquire Dow Chemicals' $4.5 billion-$5 billion/year Styron styrenics operation, has emerged as the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/TPG-Likely-to-Win-Bidding-for-Dows-Styron_25102.html
February 28, 2010
National Petrochemical Co. (NPC; Tehran) commissioned six petrochemical complexes earlier this month at Bandar Assaluyeh, Iran. The units include a complex with capacity for 645,000...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Iran-Commissions-Six-Petchem-Complexes-Plans-Seven-Oil-Refineries_24913.html
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