Archives :: Markets :: Engineering Plastics :: Acrylonitrile butadiene styrene/SAN
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April 4, 2016Trinseo (Horgen, Switzerland) has increased April contract and spot prices for all grades of polystyrene (PS) and styrene copolymers in Europe. The increase for general-purpose PS (GPPS) and high-impact PS (HIPS) is €105/m.t. ($119.72); for acrylonitrile butadiene styrene resin, €120/m.t.; and for styrene acrylonitrile resins, €95/m.t....
February 16, 2016Maire Tecnimont has signed an agreement worth €1 billion ($1.12 billion) for constructing refineries and petrochemical plants in Iran. The agreement was signed with the Persian...
November 2, 2015Braskem has amended a contract for the supply of naphtha with Petrobras, valid for 45 days, until 15 December, the company says. Braskem and Petrobras had been attempting to agree to a...
October 23, 2015
Styrolution has suspended development of an acrylonitrile-butadiene-styrene (ABS) joint venture with Braskem, citing market conditions in Brazil and the rest of South America. “Sadly, the rapid deterioration of the business climate in the region has significantly increased market and project execution risk,” says Kevin McQuade, CEO, Styrolution....
July 20, 2015Hanwha Chemical (Seoul) has merged its Hanwha Compound and Hanwha Next subsidiaries under the Hanwha Compound business, according to local news reports. The combined entity will...
July 6, 2015The LEGO Group (Billund, Denmark), maker of the LEGO brick toys, has announced an investment of 1 billion Danish kroner ($147.8 million) to research developing and implementing new...
March 27, 2015Styrolution, the styrenics subsidiary of Ineos, anticipates the demand for all grades of styrenic resins to experience relatively strong demand as a result of replenishment along the...
March 5, 2015Trinseo reports a net loss for the fourth quarter of $30 million, down from a net profit of $11 million in the year-ago quarter, largely the result of inventory revaluation driven by declining crude oil prices. Sales totaled $1.12 billion, down 10% year-over-year (YOY) from $1.24 billion on lower raw material costs and currency effects. Adjusted earnings came to a loss of 48 cents/share, below analysts’ consensus estimate of a 13-cts/share loss....
March 4, 2015Ineos plans to integrate the Americas business activities of Ineos ABS into Styrolution by the end of 2015. The marketing, sales, customer service, supply chain, procurement, R&D, human resources, and manufacturing functions of the two businesses will be merged, says Ineos....
December 10, 2014Global Bioenergies has produced bio-sourced propylene via fermentation. The company says it has created a proprietary prototype strain that is able to convert glucose into...