IHS Chemical Week

Archives :: Markets :: Basic Chemicals :: Petrochemicals :: Vinyl chloride

Displaying 1 - 12 of 125 stories.
October 27, 2016
Mexichem's (Tlalnepantla, Mexico) net majority income for the third quarter totaled $155 million, a big increase from $54 million during the same period last year. Adjusted net...
October 14, 2016
Ineos's Noretyl steam cracker at Rafnes, Norway, had compressor problems on 9 October that caused a fire, according to a company statement. Operating crews, in cooperation with the...
October 4, 2016
Jacobs Engineering Group (Pasadena, California) says Olin (Augusta, Georgia) has given it a multi-year contract to provide engineering, procurement, and construction management services for facilities at Freeport, Texas; Plaquemine, Louisiana; St. Gabriel, Louisiana; and McIntosh, Alabama, all located on the US Gulf Coast....
August 31, 2016
Westlake Chemical Corporation (Houston) says it has closed the $3.8-billion acquisition of Axiall Corporation (Atlanta, Georgia), becoming North America’s third-largest producer chlor-alkali and second-largest producer of polyvinylchloride (PVC). The transaction, announced on 10 June, was approved by Axiall shareholders in a vote on 30 August....
August 24, 2016
Higher traces of TdGA could also be caused by second-hand smoke, vehicle emissions....
August 2, 2016
Mexichem SAB de CV (Tlalnepantla, Mexico) has written $246 million off its Petroquímica Mexicana de Vinilo (PMV) assets, the company said in quarter-two earnings results. The...
August 1, 2016
Olin Corporation (Clayton, Missouri) reports a second-quarter net loss of $1 million, up from a first-quarter net loss of $38 million. Olin merged with Dow Chemical’s chlor-alkali and vinyls business in October 2015. Net sales totaled $1.364 billion, up 1.2% from the first quarter’s $1.348 billion. A net loss per share of $0.01 missed the average analyst estimate of $0.11 as compiled by Thomson Reuters (New York). However, it accorded with updated guidance of “approximately breakeven,” which the company issued on 21 July....
July 28, 2016
Westlake Chemical Corporation (Houston) reports second-quarter net income of $111 million, down 46% year-over-year (YOY) on costs related to outages and on lower sales prices. Sales totaled $1.086 billion, down 8% YOY. Earnings of $0.85/share missed the average analyst estimate of $0.97/share as compiled by Thomson Reuters (New York)....
July 18, 2016
Westlake Chemical Corp. (Houston, Texas) is restarting its Calvert City, Kentucky, complex, which has been offline for over six weeks. The company estimates a $40 million impact divided between second- and third-quarter financial results....
July 15, 2016
Argentina's market regulator CNV (Buenos Aires) has rejected Unipar Carbocloro's (São Paulo, Brazil) $202-million offer to acquire Solvay's majority stake in Solvay Indupa...
July 7, 2016
Solvay has completed the divestment of its shareholding in Inovyn (London), bringing to an end Solvay's chlorvinyls joint venture with Ineos, Solvay announced today. Solvay received...
June 10, 2016
Westlake Chemical has agreed to acquire Axiall for $33.00 share–65% more than Westlake originally offered–in an all-cash transaction that values Axiall at about $3.8 billion. The companies say the transaction has been unanimously approved by the boards of both companies, and it is expected to close by the fourth quarter....
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