IHS Chemical Week

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Displaying 1 - 20 of 1537 stories.
September 2, 2014
Ineos announced today that its Ineos Compounds unit and Doeflex Compounding have combined their polyvinyl chloride (PVC) compounding operations. The news follows a recent approval by...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Ineos-and-Doeflex-combine-PVC-compounding-operations_63581.html
August 29, 2014
Odebrecht’s (Salvador, Brazil) Appalachian Shale Cracker Enterprise (Ascent) steam cracker project continues to move forward with the acceptance of its voluntary remediation application by the West Virginia Department of Environmental Policy (WVDEP). The agency says its office of environmental remediation and Ascent are currently negotiating an agreement for the identification of health and ecological risks associated with current and potential future uses of the site and the establishment remediation standards....
http://www.chemweek.com/markets/plastics/polyethylene/Odebrechts-Ascent-cracker-project-negotiates-remediation-agreement-with-WVDEP_63505.html
August 28, 2014
Start up company Appalachian Resins (Houston) is leasing land in Salem Township, OH for a proposed $1-billion ethylene and polyethylene (PE) production facility. Appalachian Resins had...
http://www.chemweek.com/markets/plastics/polyethylene/Appalachian-Resins-leases-land-in-Ohio-for-$1-billion-project_63456.html
August 27, 2014
Russian Railways Logistics (RRL; Moscow), a subsidiary of RZD Holding (Moscow), has established a cooperation agreement with Chelyabinsk Pipe-Rolling Plant (Chelpipe; Moscow) covering...
http://www.chemweek.com/markets/plastics/polyethylene/Russian-rail-firm-provides-PE-transport-services-to-pipe-plant_63411.html
August 22, 2014
China CAMS Engineering, (Beijing), a subsidiary of China National Machinery Industry Corp., has been awarded a contract to build a petrochemical complex for Navoiazot (Navoi...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Chinese-engineering-firm-awarded-PVC-plant-contract-in-Uzbekistan_63350.html
August 22, 2014
Resin Trade (Burton on Trent, UK), a polymer distribution company, has selected polyethylene (PE) bag manufacturer Duo UK to be the first UK-based company to produce mailing bags using...
http://www.chemweek.com/markets/plastics/polyethylene/Duo-UK-to-produce-mailing-bags-using-Braskems-Green-PE_63349.html
August 21, 2014
Gemini HDPE, a manufacturing joint venture between an Ineos US olefins and polymers subsidiary and Sasol, has hired KBR to provide engineering, procurement, and construction services for a planned 470,000-m.t./year high-density polyethylene facility at Ineos's Battleground Manufacturing Complex at La Porte, TX....
http://www.chemweek.com/markets/plastics/polyethylene/Ineos-Sasol-hire-KBR-for-La-Porte-HDPE-project_63335.html
August 18, 2014
Sahara Petrochemicals today declared an emergency shutdown at its Al Waha Petrochemical subsidiary at Al Jubail, a producer of propylene and polypropylene (PP). The company cites...
http://www.chemweek.com/markets/plastics/polypropylene/Sahara-declares-emergency-shutdown-at-polypropylene-complex_63261.html
August 18, 2014
Mexichem (Tlanelpantla, Mexico) has reached an agreement to acquire Dura-Line (Knoxville, TN) from private equity firm CHS Capital (Chicago) for $630 millon in cash and assumed...
http://www.chemweek.com/markets/plastics/polyethylene/Mexichem-acquires-US-based-HDPE-conduit-and-pipe-producer-for-$630-million_63271.html
August 18, 2014
An equipment failure on 14 August will disrupt production at Huntsman’s Port Neches, TX, facility for 2-3 weeks, the company says. Huntsman makes methyl-tert butyl ether (MTBE), propylene oxide (PO), and propylene glycol (PG) at the facility....
http://www.chemweek.com/markets/plastics/methylene_dipara_phenylene_isocyanate/Huntsman-reports-2-3-week-disruption-at-Port-Neches_63258.html
August 14, 2014
Borealis today reported improved second-quarter results and said that the recently signed contract with North American ethane suppliers will reduce its operating costs in Europe. Mark...
http://www.chemweek.com/markets/plastics/polyethylene/Borealis-reports-improved-results-says-ethane-deal-will-reduce-costs-significantly_63180.html
August 12, 2014
Nova Chemicals reports second-quarter profit of $167 million, down 17% year-on-year (YOY) from $201 million, with lower margins in the olefins segments partially offset by higher margins in polyethylene. Sales slipped 5.8%, to $1.29 billion....
http://www.chemweek.com/markets/plastics/polyethylene/Nova-quarterly-profit-down-17-percent-PE-gains-offset-by-weak-olefins_63126.html
August 12, 2014
Mangalore Refinery and Petrochemicals (MRPL; Mangalore, India), a subsidiary of ONGC (New Delhi), reports a 3.2% increase in first fiscal quarter revenues, to 166.5 billion Indian...
http://www.chemweek.com/markets/plastics/polypropylene/MRPL-reports-higher-sales-readies-PP-plant-appoints-managing-director_63128.html
August 12, 2014
Industries Qatar (IQ; Doha), a listed firm that controls some of the country’s major petrochemical, fertilizer, and steel manufacturing companies, reports a decline in earnings...
http://www.chemweek.com/markets/plastics/polyethylene/Shutdowns-and-lower-fertilizer-prices-reduce-earnings-at-Industries-Qatar_63124.html
August 12, 2014
LCY Chemical (Taipei), which is being investigated by Taiwanese authorities over its role in the 31 July explosions at Kaohsiung, Taiwan, which killed 30 people and injured more than...
http://www.chemweek.com/markets/plastics/polypropylene/LCY-Chemical-ordered-to-halt-polypropylene-production-at-Kaohsiung_63121.html
August 11, 2014
BP says that a fire has resulted in the shutdown of one of its one of the purified terephthalic acid (PTA) production units at its Cooper River site in Charleston, SC. The...
http://www.chemweek.com/markets/plastics/pet/BPs-Cooper-River-PTA-unit-suffers-fire_63114.html
August 8, 2014
Mexichem (Tlalnepantla, Mexico) has agreed to acquire Vestolit (Marl, Germany), Europe’s sixth-largest manufacturer of polyvinyl chloride (PVC), from private equity firm...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Mexichem-acquires-PVC-producer-Vestolit-for-&euro219-million_62985.html
August 6, 2014
Trinseo (Berwyn, PA) reports a second-quarter net loss of $45 million, down from a loss of $28 million in the year-ago period. Revenues declined 2% year-over-year (YOY) to $1.3 billion. Adjusted earnings of 28 cts/share were shy of the analysts’ consensus estimate of 31 cts/share, as compiled by Thomson Reuters....
http://www.chemweek.com/markets/plastics/polystyrene/Trinseo-reports-second-quarter-loss-of-$45-million_63038.html
August 5, 2014
EPA has granted greenhouse gas prevention of significant deterioration (GHG-PSD) permits to Formosa Plastics Corp. (FPC) for the construction of a 1.6-million m.t./year ethane cracker, a 660,000-m.t./year propane dehydrogenation (PDH) unit, and a 570,000-m.t./year low-density polyethylene plant at its Point Comfort, TX, site....
http://www.chemweek.com/markets/plastics/polyethylene/EPA-grants-permits-to-Formosas-ethylene-propylene-and-polyethylene-projects_63002.html
August 5, 2014
Westlake (Houston) reports second-quarter net income of $169.4 million, up 35% year-over-year (YOY), on sales of $998.6 million, up 7% YOY. However, earnings of $1.26/share fell short of the analysts’ consensus estimate of $1.45, as reported by Thomson Reuters....
http://www.chemweek.com/markets/plastics/polyethylene/Westlake-reports-record-operating-profits-but-misses-estimates_62987.html
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