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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
February 19, 2010
The global growth in the petrochemicals market is driven by Asia, especially by China and India, and new investments will also be mainly in Asia, say speakers at the final day of the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/CW-India-Conference-Opportunities-to-Invest-in-Petrochemicals_24870.html
January 22, 2010
Lummus Technology, a CB&I subsidiary, has been awarded a contract by Jilin Petrochemical (Jilin, China) for the license and process design of a grassroots ethylbenzene and styrene...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Lummus-Lands-Contract-for-Styrene-Complex-in-China_24227.html
December 1, 2009
A key judicial decision expected in early December will determine if styrene should be considered a carcinogen under California’s Proposition 65 law. State law requires...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Judge-to-rule-on-Styrene-Prop-65-listing_23158.html
November 27, 2009
BASF declined to comment on recent press reports that it is in talks to form a styrenics joint venture prior to exiting the market. The company is in early discussions with...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/BASF-Ponders-Styrenics-JV-Prior-to-Exiting-the-Business_23000.html
October 28, 2009
Ineos Nova says it has idled its 1-billion lbs/year styrene plant at Texas City, TX due to weak economic conditions. The plant will be restarted when market conditions improve, the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Ineos-Nova-Idles-Styrene-Plant_22360.html
September 17, 2009
Qatar Intermediate Industries Holding Co. (Doha) and Honam Petrochemical Corp. are trying to revive their previously announced petrochemicals joint venture project at Mesaieed, Qatar...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Honam-and-Qatari-Partners-Enlarge-Scope-of-Mesaieed-Project_20161.html
September 17, 2009
Equate Petrochemical Co. has announced the beginning of commerial operation at The Kuwait Styrene Co.'s (TKSC) new ethyl benzene-styrene production plant at Shuaiba, Kuwait. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Equate-Commissions-Styrene-Complex-in-Kuwait_20824.html
September 17, 2009
Fluor Corp. says it has completed work on Olefins II, an expansion of Equate's existing complex at Shuaiba, Kuwait. Equate is a joint venture between Petrochemical Industries Co. (PIC...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Fluor-Completes-Work-on-Equates-Expansion_21056.html
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