IHS Chemical Week

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Displaying 1 - 20 of 1743 stories.
August 28, 2015
DAK Americas (Charlotte, NC) says it will build a 104,000 m.t./year polyester staple fiber (PSF) plant at its Pearl River site in Bay St. Louis, MS. DAK, a subsidiary of Alpek (Monterrey, Mexico), plans to start up the plant in the second half of 2016....
http://www.chemweek.com/markets/plastics/pet/DAK-to-build-104000-m-t-year-PSF-plant-in-Mississippi_73318.html
August 25, 2015
LyondellBasell CEO Bob Patel expects to announce a polyethylene project later this year, according to a report in the Houston Chronicle. The plant could be located in the Houston area or at one of the company’s sites in southern Texas, says the report. The Houston Chronicle interviewed Patel last week at LyondellBasell’s Channelview complex....
http://www.chemweek.com/markets/plastics/polyethylene/Report-LyondellBasell-planning-PE-investment-for-site-in-Texas_73149.html
August 24, 2015
A rekindling of direct foreign investment in Iran’s huge petrochemical sector—if and when international sanctions are lifted—could reap large rewards for nimble...
http://www.chemweek.com/markets/plastics/polyethylene/IHS-Chemical-Irans-petchem-sector-offers-opportunities-albeit-for-non-risk-averse-investors_73134.html
August 20, 2015
Borouge, a 60-40 joint venture between Abu Dhabi National Oil Co. and Borealis (Vienna), has selected Neste Jacobs (Porvoo, Finland), a technology, engineering, and project management...
http://www.chemweek.com/markets/plastics/polyethylene/Borouge-selects-Neste-Jacobs-for-PE-plant-modification-at-Ruwais_73087.html
August 18, 2015
LyondellBasell Industries says it has accepted Yacimientos Petrolíferos Fiscales (YPF; Buenos Aires) and Grupo Inversor Petroquímica's (GIP; Madrid) joint offer to...
http://www.chemweek.com/markets/plastics/polypropylene/Argentinas-YPF-returns-to-PP-market-with-two-acquisitions-including-stake-in-LyondellBasell-unit_73040.html
August 17, 2015
Unipetrol (Prague), a subsidiary of PKN Orlen (PÅ‚ock, Poland), on Friday declared force majeure on products from its petrochemicals site at Litvínov, Czech Republic. The...
http://www.chemweek.com/markets/plastics/polyethylene/Unipetrol-declares-force-majeure-on-petrochemicals-from-Litvinov_73012.html
August 13, 2015
Talke (Hürth, Germany) says it has completed construction of a logistics complex to store and handle polyethylene (PE) granules at the manufacturing site of Slovnaft (Bratislava...
http://www.chemweek.com/markets/plastics/polyethylene/German-firm-completes-PE-logistics-complex-at-Slovnaft-site_72961.html
August 12, 2015
International Chemical Investors Group (ICIG; Frankfurt) has announced the completion of its acquisition of certain chlorvinyls assets from Inovyn, the polyvinyl chloride (PVC) joint...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/ICIG-completes-acquisition-of-Vynova-appoints-new-management-team_72674.html
August 3, 2015
Sadara Chemical, a joint venture between Saudi Aramco and Dow Chemical; and E. A. Juffali & Brothers, a privately owned Saudi company, have signed an agreement for Sadara to supply...
http://www.chemweek.com/markets/plastics/methylene_dipara_phenylene_isocyanate/Sadara-signs-MDI-supply-agreement-with-Juffali-and-Brothers_72683.html
July 31, 2015
Kem One Group SAS (Lyon, France), jointly owned by private equity firm OpenGate Capital and Alain de Krassny, has acquired Kem One Innovative Vinyls from The Klesch Group. Details of...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Kem-One-SAS-acquires-Kem-One-Innovative-Vinyls-from-Klesch-Group_72640.html
July 31, 2015
The European Commission has given the green light to the French government to release €125 million ($138.1 million) in state aid to chlor-alkali and polyvinyl chloride (PVC)...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/European-Commission-approves-French-state-aid-to-Kem-One_72476.html
July 30, 2015
Kraton Performance Polymers says that a cluster of operational issues took a big bite out of second-quarter earnings. The company reports a net loss for the quarter of $5.6 million, swinging year-over-year (YOY) from a net profit of $11.1 million. Sales totaled $255.9 million, down 21% YOY from $323.8 million, mainly on lower prices, but also on reduced volume. Adjusted earnings per share of 2 cts fell well short of analysts’ consensus estimate of 41 cts/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/markets/plastics/synthetic_rubber/Kraton-misses-estimates-on-production-issues-reports-loss-of-$5-6-million_72568.html
July 29, 2015
The World Bank has recommended that the Armenian government put Nairit (Yerevan), a debt-ridden synthetic rubber plant, into bankruptcy. The World Bank announced last February that it...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Armenian-government-rejects-bankruptcy-recommendation-for-synthetic-rubber-plant_72516.html
July 29, 2015
Kuwait’s Petrochemical Industries Corp. (PIC; Kuwait City), wholly owned by Kuwait Petroleum Corp., is at an advanced stage of a feasibility study for a petrochemicals and...
http://www.chemweek.com/markets/plastics/polyethylene/Exclusive-Kuwait-CEO-confirms-petchem-plans-in-Kuwait-talks-with-OPaL-in-India_72511.html
July 28, 2015
LyondellBasell reports net income from continuing operations of $1.3 billion, up 7.8% year-over-year (YOY) as higher volumes and lower feedstock costs more than offset declines in product prices. Sales totaled $9.1 billion, up 11.7% YOY....
http://www.chemweek.com/markets/plastics/polyethylene/LyondellBasell-income-up-beats-analyst-consensus_72480.html
July 22, 2015
Alpek’s (Monterrey, Mexico) second-quarter net income more than doubled year-on-year (YOY), to $83 million, driven mainly by an improvement in the company's operating results...
http://www.chemweek.com/markets/plastics/pet/Alpeks-second-quarter-net-income-more-than-doubles-despite-lower-sales_72363.html
July 20, 2015
Hanwha 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...
http://www.chemweek.com/markets/plastics/polyethylene/Reports-Hanwha-Chemical-merges-compound-business-units_72308.html
July 17, 2015
An impasse in negotiations for the July para-xylene (p-xylene) contract price in Europe—which is dragging into a third week—may result in a split settlement, according to...
http://www.chemweek.com/markets/plastics/pet/Europe-p-xylene-contract-price-talks-for-July-feel-pressure-of-PTA-PET-imports-from-Asia_72281.html
July 15, 2015
Westlake Chemical says that Karl-Martin Schellerer has joined the company as v.p. and general manager ofVinnolit. On 1 November, Schellerer will become managing director of Vinnolit, replacing Josef Ertl, who will retire, Westlake says....
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Westlake-names-head-of-Vinnolit_72166.html
July 14, 2015
Braskem issued a filing with Texas state regulators for unplanned maintenance at its Freeport, TX, polypropylene (PP) facility, which was prompted by an emergency shutdown at a...
http://www.chemweek.com/markets/plastics/polypropylene/Environmental-filing-indicates-production-issues-at-Freeport-facility_72120.html
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