IHS Chemical Week

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June 1, 2009
Private equity firm SK Capital Partners (New York) says it has completed its $50-million acquisition of Solutia’s integrated nylon business, and has renamed the business Ascend...
http://www.chemweek.com/markets/engineering_plastics/nylon/SK-Capital-Completes-Acquisition-of-Solutias-Nylon-Business_19317.html
May 8, 2009
Rhodia says it is closing its nylon production lines at in Mississauga, ON, and will source material from Alloy Polymers (Richmond, VA) under a toll production agreement. The site will...
http://www.chemweek.com/markets/engineering_plastics/nylon/Rhodia-Shuts-Nylon-Line_18783.html
May 8, 2009
Formosa Chemicals & Fibre Corp. (FCFC; Taipei) is building a 47,000-m.t./year nylon-6 plant in Vietnam using Uhde Inventa-Fischer technology. The plant will start up next year and...
http://www.chemweek.com/markets/engineering_plastics/nylon/Formosa-Builds-Nylon-6-Plant-in-Vietnam_18805.html
April 3, 2009
Solutia says it will sell its nylon business for $50 million in cash to private equity firm SK Capital Partners (New York). SK Capital will assume substantially all of the liabilities...
http://www.chemweek.com/markets/engineering_plastics/nylon/SK-Capital-to-Acquire-Solutias-Nylon-Business_18016.html
April 1, 2009
Solutia says it will sell its nylon business for $50 million in cash to private equity firm SK Capital Partners (New York). The sale includes all five of Solutia’s nylon...
http://www.chemweek.com/markets/engineering_plastics/nylon/Solutia-Agrees-to-Sell-Nylon-Business-to-Private-Equity-Firm_17939.html
March 11, 2009
DSM says it has opened a previously announced new manufacturing facility for producing engineering plastics compounds, at the Ranjangaon MIDC industrial zone about 60 km from Pune, in...
http://www.chemweek.com/markets/engineering_plastics/nylon/DSM-Opens-Engineering-Plastics-Compounding-Plant-in-India_17564.html
January 26, 2009
Solutia says it expects adjusted Ebitda from continuing operations for 2008 to be within its previous guidance range of $385 million-$395 million. The company also says it...
http://www.chemweek.com/markets/engineering_plastics/nylon/Solutia-to-Meet-Estimates-Nylon-Sale-Expected-This-Quarter_16693.html
November 26, 2008
The move is part of an effort that will reduce fixed costs in the nylon business by 10%. The recent demand decline "has been sharp and rapid," the company says....
http://www.chemweek.com/markets/engineering_plastics/nylon/Solutia-Idles-Nylon-Assets_15565.html
November 19, 2008
BASF will shut 80 plants worldwide and reduce production at approximately 100 others as it responds a "massive decline in demand in key industries." The moves account for 20%-25% of the company's overall capacity. The company also says that 2008 earnings will fall short of 2007 results...
http://www.chemweek.com/markets/engineering_plastics/nylon/BASF-to-Shutter-80-Plants-as-Demand-Shrinks_15449.html
October 20, 2008
Rhodia has announced a major restructuring of its nylon businesses in Europe. The program is designed “to help these businesses adapt to changes in the nylon market, which is...
http://www.chemweek.com/markets/engineering_plastics/nylon/Rhodia-to-Restructure-Nylon-Business_14825.html
October 17, 2008
BASF says it has reduced production of caprolactam worldwide by 35% in response to lower demand, and steep rises in raw material and energy costs. The company, one of the leading...
http://www.chemweek.com/markets/engineering_plastics/nylon/BASF-Slashes-Caprolactam-Production_14800.html
July 14, 2008
DuPont says it will boost compounding capacity of nylon-6 and -6,6 resins by 30,000 m.t/year, and HTN brand high-performance nylon resins by 10,000 m.t./year at Shenzhen, China...
http://www.chemweek.com/markets/engineering_plastics/nylon/DuPont-Boosts-Nylon-Resins-Capacity_12947.html
July 14, 2008
Solutia says it has retained HSBC Securities USA (New York) to explore strategic alternatives for its nylon business, including a possible sale. The company says it is the...
http://www.chemweek.com/markets/engineering_plastics/nylon/Solutia-Considers-Possible-Sale-of-Nylon-Business_12962.html
June 30, 2008
Solutia says it has retained HSBC Securities to explore strategic options, including a potential sale, of the company’s nylon business. “Given the strength of our...
http://www.chemweek.com/markets/engineering_plastics/nylon/Solutia-to-Explore-Strategic-Alternatives-for-Nylon-Business_12781.html
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