IHS Chemical Week

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

Displaying 1 - 12 of 111 stories.
May 5, 2016
Axiall today reported a first-quarter net loss of $53.6 million, or 76 cts/share, on sales down 11% year-on-year (YOY), to $699.2 million. Adjusted earnings, excluding charges mostly...
April 29, 2016
There has been no damage to Petroquimica Mexicana de Vinilo's (PMV) chlor-alkali production following the explosion at the Pajaritos petrochemical complex at Coazalcoalcos, Mexico, on...
April 25, 2016
Petroquímica Mexicana de Vinilo (PMV), a 56-44 joint venture between Mexichem (Tlalnepantla, Mexico) and Petróleos Mexicanos (Pemex; Mexico City), has declared force...
April 22, 2016
The death toll from the 20 April explosion at Petroquímica Mexicana de Vinilos (PMV)—a 56–44 joint venture of Mexichem (Tlalnepantla, Mexico) and Petróleos...
April 21, 2016
Petróleos Mexicanos (Pemex) has confirmed that the number of fatalities has increased to 13, from three reported earlier, and that 88 are injured and receiving hospital...
April 11, 2016
OxyVinyls put out a small fire over the weekend at its vinyl chloride monomer (VCM) plant in La Porte, TX, which is undergoing a planned turnaround. In a community hotline message, the company said the fire began on the afternoon of 9 April and was extinguished the same day....
March 31, 2016
Solvay and Ineos have agreed to end their Inovyn chlorvinyls joint venture earlier than originally announced. Solvay and Ineos said earlier this month that they intended to bring...
February 3, 2016
Olin reports a net loss for the fourth quarter of $59.3 million, down from earnings of $12.8 million in the year-ago period. Sales totaled $1.267 billion, up from $500 million on the acquisition of Dow’s chlorine products business in October 2015. Adjusted earnings of 31 cts/share beat the average analyst estimate of 20 cts/share as compiled by Thomson Reuters (New York)....
January 29, 2016

Westlake Chemical (Houston) says its $2.9-billion bid to acquire Axiall (Atlanta) has been “summarily rejected” by the Axiall board of directors. The combination would create North America’s second-largest producer of polyvinyl chloride, with 23% of the market’s 8.9 million m.t./year of production capacity. 

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November 3, 2015
Westlake Chemical (Houston) reports third-quarter net income of $184 million, up 9.5% year-on-year (YOY) on the one-time boost of a lower effective tax rate, which offset the effects of maintenance outages. Sales totaled $1.19 billion, down 5.2% YOY on lower sales prices, partially offset by higher sales volume, the company says....
July 6, 2015
Paul D. Carrico has retired as Axiall president, CEO, and member of the board, effective immediately, the company says. Timothy Mann, Jr., will serve as interim president and CEO until a successor is found. “The Axiall board has an active search process under way to select the next CEO to strengthen the company’s financial performance and drive enhanced shareholder value,” the company says in a statement....
July 1, 2015
BASF has sold its 25% stake in the SolVin polyvinyl chloride (PVC) joint venture to its partner, Solvay. The deal closed today—financial details of the transaction have not been...
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