IHS Chemical Week

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

Displaying 1 - 20 of 81 stories.
April 15, 2014
Shintech, the US subsidiary of Shin-Etsu Chemical (Tokyo), has applied to the Louisiana Department of Environment Quality for a permit to build a 500,000-m.t./year ethylene plant. The company says it has not chosen a site, but a leading candidate will be land already owned by Shintech....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/Shintech-seeks-permit-for-Louisiana-ethylene-plant_60314.html
April 14, 2014
Axiall (Atlanta, GA) has restarted a Lake Charles, LA, vinyl chloride monomer (VCM) plant, which was shut down after a fire on 20 December. Axiall also released preliminary first-quarter financial results....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/Axiall-completes-VCM-repairs-estimates-50-percent-yoy-decline-in-first-quarter-Ebitda_60292.html
March 11, 2014
Ineos and Solvay have added assets at Wilhelmshaven, Germany, and they may have to add assets at Runcorn, UK, to the revised package of divestments submitted to the European Commission...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/Ineos-Solvay-add-assets-in-Germany-and-possibly-UK-to-divestment-package-for-EU-approval-of-chlorvinyls-JV_59471.html
February 28, 2014
Solvay and Ineos say they have offered the European Commission a revised remedy package, consisting of substantial asset divestments, to secure the commission's approval for the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/Solvay-Ineos-sweeten-divestment-package-offered-to-secure-EU-Commission-approval-for-chlorvinyls-JV_59224.html
February 20, 2014
Axiall reported fourth-quarter net income of $57 million, up 78% year-over-year (YOY). Net sales of $1.1 billion for the quarter were up 44% YOY. The company attributes the gains primarily to the merger with PPG’s chemical’s business. Adjusted earnings of 88 cts/share beat the analysts’ consensus estimate of 67 cts/share....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/Axiall-fourth-quarter-net-income-up-78-percent-to-$57-million_58947.html
February 14, 2014
Axiall (Atlanta) expects to resume operations at its PHH vinyl chloride monomer (VCM) manufacturing facility in Lake Charles, LA, near the end of the first quarter, the company announce on 6 February....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/Axiall-aims-to-restart-Lake-Charles-VCM-before-second-quarter_58601.html
January 30, 2014
OxyChem, the chemical segment of Occidental Petroleum, reports fourth-quarter earnings of $128 million, down 29% year-on-year (YOY) from $180 million. Occidental attributes the result to higher energy and ethylene costs and lower caustic soda prices....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/OxyChem-earnings-down-on-higher-ethylene-energy-costs-lower-chlor-alkali-prices_58429.html
December 20, 2013
Solvay has announced an agreement to sell its 70.59% stake in Solvay Indupa (Buenos Aires) to Braskem for $290 million. The deal, which is subject to antitrust approval, will give Braskem a commanding position in South America’s polyvinyl chloride (PVC) market....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/Braskem-acquires-Solvay-Indupa-for-$290-million_57462.html
December 20, 2013
The business activities of beleaguered polyvinyl chloride (PVC) producer Kem One (Lyon, France) will be run jointly by businessman Alain de Krassny and buyout firm OpenGate Capital...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/Court-approves-joint-takeover-of-PVC-firm-Kem-One_57616.html
December 4, 2013
Solvay said today that it has decided to classify its chlorovinyls activities as assets for sale and discontinued operations as of the third quarter. The move follows the company's...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/Solvay-classifies-chlorovinyls-operations-as-assets-for-sale_57068.html
November 11, 2013
Petroleos Mexicanos (Pemex; Mexico City) aims to improve operating margins in its petrochemical operations through the company's recently updated business plan for the period 2014-18...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/Pemex-identifies-target-areas-for-petchems-in-2014-18-business-plan_56618.html
November 5, 2013
The European Commisison says it has opened an in-depth investigation into the previously announced plans of Solvay and Ineos to merge their chlorvinyls activities in Europe into a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/Europe-launches-in-depth-investigation-into-proposed-Solvay-Ineos-chlorvinyls-JV_56455.html
October 10, 2013
The Mexican state of Veracruz is expected to receive $5 billion in direct investment by chemical companies, foreign and domestic, in Mexico, over the next five years, according to the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/Mexicos-state-of-Veracruz-expects-$11-billion-in-direct-investments-into-its-petrochemical-industry_55711.html
October 10, 2013
The prospects for most chlor-alkali and vinyls producers are not good: over the next 10 years, the global market for polyvinyl chloride (PVC) will be oversupplied by an annual average of 18 million m.t., according to analysts at IHS Chemical. However, producers in the United States will be able to maintain profitability, owing to low energy costs resulting from the boom in shale gas development, they say....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/IHS-Shale-to-shield-US-chlor-alkali-vinyls-from-huge-global-overcapacity_55798.html
September 12, 2013
Pemex Petroquímica (Coatzacoalcos), the petrochemical subsidiary of Petroleos Mexicanos (Pemex; Mexico City); and Mexichem  (Tlalnepantla, Mexico) have fulfilled the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/Mexichem-enters-VCM-venture-with-Pemex_55128.html
July 31, 2013
Mexichem's (Tlalnepantla, Mexico) previously announced vinyl chloride monomer (VCM) joint venture with Pemex (Mexico City) is expected to start operating during the third quarter...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/Mexichem-expects-VCM-venture-with-Pemex-to-launch-in-third-quarter-posts-48-percent-net-profit-fall_54096.html
May 8, 2013
Axiall on Tuesday reported adjusted net income for the quarter totaled $45.1 million, up 63% year-on-year (YOY) from $27.6 million. Adjusted earnings per share were 75 cts/share...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/Axiall-reports-first-quarter-net-income-of-$45-million-misses-estimates_51857.html
April 29, 2013
Pemex's petrochemical products generated 7.64 billion Mexican pesos ($618 million) in domestic sales for the group during the first quarter of 2013, the company has announced. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/Pemexs-petchem-production-volume-falls-7-1-percent-during-the-first-quarter_51558.html
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