IHS Chemical Week

Archives :: Markets :: Plastics

Displaying 1 - 20 of 1778 stories.
November 23, 2015
The Japan Bank for International Cooperation (JBIC; Tokyo) signed a loan agreement amounting up to $500,000 with Sun Ace Brasil Industria Quimica e Comercio (Sabi; Sumare, Brazil), the...
November 23, 2015
Maire Tecnimont (Rome) says its Tecnimont (Milan) subsidiary in an alliance with Huan Qiu (HQC; Beijing) have been awarded a lump sum, turnkey engineering, procurement, construction...
November 19, 2015
Dow Chemical has reached agreement to acquire Chemours' aniline facility in Beaumont, TX for approximately $140 million in cash. The Beaumont, TX facility has aniline capacity of...
November 17, 2015
BASF has inaugurated a toluene diisocyanate (TDI) complex at its Ludwigshafen site. The total investment including precursors exceeded €1 billon ($1.06 billion). In addition to...
November 17, 2015
Borouge, a 60-40 joint venture between Abu Dhabi National Oil Co. and Borealis (Vienna) and one of the Mideast’s largest producers of polymers, has devised its 2030 strategy...
November 12, 2015
Ineos Technologies has confirmed that it has licensed its Innovene S process for the manufacture of medium-density and high-density polyethylene (HDPE) to PTTGC America, an affiliate...
November 11, 2015
Indorama Ventures (Bangkok) announced on Thursday that it has signed an agreement to purchase the polyethylene terephthalate (PET),  purified terephthalic acid (PTA), and purified...
November 10, 2015
MOL (Budapest) has inaugurated a previously announced butadiene facility at Tiszaújváros, Hungary, the company announced today. The plant is expected to improve the...
November 5, 2015
Trinseo (Berwyn, PA) reports net income of $52 million for the third quarter, up from a $10 million loss in the year-ago period. Sales totaled $1.028 billion, down 21% year-over-year (YOY) on the pass-through of lower raw material costs, says the company. Adjusted earnings of $1.07/share missed the mean analyst estimate of $1.28/share as compiled by Thomson Reuters (New York)....
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....
November 3, 2015
Heavy rain and flooding forced Chevron Phillips Chemical (CPChem; The Woodlands, TX) to shut down operations at its Cedar Bayou plant in Baytown, TX, on 1 November, according to a filing with the Texas Commission on Environmental Quality. According to a subsequent filing, CPChem expects to complete a site-wide restart on 12 November....
November 2, 2015
Williams says it has signed a long-term agreement to supply propylene from its planned propane dehydrogenation (PDH) plant near Edmonton, AB, to North American Polypropylene (NAPP), which would co-locate a polypropylene plant on the same site....
November 2, 2015
The future looks good for North America’s polyolefin producers, according to analysts who spoke this week at the IHS Global Plastics Summit in Chicago....
October 30, 2015
SA Talke (Jubail, Saudi Arabia), an Alfred Talke (Hürth, Germany) joint venture, has been awarded an on-site logistics contract for National Petrochemical Industrial Co. (NatPet...
October 29, 2015
Vinnolit (Ismaning, Germany), a subsidiary of Westlake Chemical, has appointed Karl-Martin Schellerer as managing director, effective 1 November. Schellerer will take the helm on the...
October 28, 2015
Grupo Kuo (Mexico City) sales revenue from its synthetic rubber and plastics business totaled 2.52 billion Mexican pesos ($152.2 million) down slightly from the peso2.53 billion...
October 28, 2015
Sibur’s subsidiary Biaxplen, a producer of biaxially-oriented polypropylene (BOPP) film, has been integrated into Sibur’s basic polymers division, Sibur said on Wednesday...
October 21, 2015
Oman Oil Refineries and Petroleum Industries Co. (Orpic; Muscat) has selected the preferred bidders for its previously announced Liwa plastics complex. The companies are a subsidiary...
October 21, 2015
Badlands NGLs (Denver) says it has licensed Univation Technologies’ Unipol polyethylene (PE) process for four 600,000-m.t./year production lines, two at a site in North Dakota and two at an unnamed US site. The facilities will produce both linear low-density PE and high-density PE....
October 15, 2015
Lotte Chemical (Seoul) has completed construction of the Surgil petrochemical complex in  Uzbekistan and said it is seeking to expand its petchems business. Speaking at a...
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