IHS Chemical Week

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January 17, 2014
Dow Chemical says it  has entered into a partnership with Koda Distribution (Stamford, CT) for the distribution of Dow’s isocyanates and polyols to the polyurethane (PU)...
http://www.chemweek.com/markets/plastics/methylene_dipara_phenylene_isocyanate/Dow-partners-with-Koda-for-distribution-of-PU-intermediates_58039.html
January 17, 2014
Alpek (San Pedro Garza García, Mexico), a subsidiary of Grupo Alfa (Monterrey, Mexico), and United Petrochemical Co. (UPC; Moscow), a subsidiary of Sistema (Moscow), the largest...
http://www.chemweek.com/markets/plastics/pet/Alpek-and-United-Petrochemical-form-RusPETF-joint-venture_58087.html
January 16, 2014
Tianjin Bohua Petrochemical (Tianjin, China) has started production its previously announced propane dehydrogenation (PDH) unit at Tianjin, China. The 600,000-m.t./year is the first...
http://www.chemweek.com/markets/plastics/polypropylene/Chinas-first-PDH-plant-starts-production_58036.html
January 16, 2014
Sasol today commissioned its new ethylene purification facility at Sasolburg. The company’s CEO, David Constable; and the South African minister of trade and industry, Rob...
http://www.chemweek.com/markets/plastics/polyethylene/Sasols-new-ethylene-splitter-will-lead-to-PE-capacity-hike_57946.html
January 16, 2014
Sahara Petrochemical today reported a huge increase in quarterly profits citing improved performance at its Al Waha polypropylene (PP) production affiliate, which in the past was...
http://www.chemweek.com/markets/plastics/polypropylene/Saudi-polypropylene-producers-Sahara-and-Advanced-report-large-increase-in-profits_58008.html
January 15, 2014
Total says it has received the go-ahead from the Chinese authorities to proceed with a coal-to-olefins joint venture with China Power Investment Corp. (CPI; Beijing) in the autonomous...
http://www.chemweek.com/markets/plastics/polyethylene/Total-gets-green-light-for-coal-to-olefins-JV-in-China_57976.html
January 9, 2014
Americas Styrenics (The Woodlands, TX) plans to construct a deep water dock at its styrene production facility at St. James, LA, on the Mississippi River. The company expects to obtain local permits by mid-2014 and to bring the facility online in late 2015....
http://www.chemweek.com/markets/plastics/polystyrene/Americas-Styrenics-plans-deep-water-dock-for-St-James-facility_57856.html
January 9, 2014
Braskem has defended its offer to buy out the minority shareholders of Solvay Indupa, which was rejected by Argentina’s stock regulator, the Comisión Nacional de Valores (CNV), on 3 December 2013. In a statement issued on 6 December, the company says it is discussing the issue with CNV in order to find a path forward....
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Braskem-defends-offer-for-Solvay-Indupa-negotiating-next-move_57754.html
January 9, 2014
Solvay has issued a statement confirming that the planned divestment of the company's 70.59% stake in polyvinyl chloride producer Solvay Indupa to Braskem is moving ahead and does not...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Solvay-sale-of-Indupa-stake-to-Braskem-is-underway-does-not-depend-on-deal-for-listed-Indupa-shares_57827.html
January 6, 2014
Argentina’s stock regulator, the Comisión Nacional de Valores (CNV), has rejected Braskem’s bid to acquire the 29.41% of Solvay Indupa that is publicly traded, according to a report by Reuters....
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Report-Argentina-rejects-Braskems-offer-for-publicly-traded-Solvay-Indupa-shares-corrected_57746.html
January 6, 2014
Polyethylene terephthalate (PET) producer La Seda de Barcelona (El Prat de Llobregat, Spain) has filed for liquidation pursuant to a resolution adopted by its board, the company has...
http://www.chemweek.com/markets/plastics/pet/PET-producer-La-Seda-files-for-liquidation_57749.html
January 3, 2014
The Russian Federal Antimonopoly Service (FAS; Moscow) has fined Siberian Chemical Co. (SCC; Kazan) 123.5 million Russian rubles ($3.7 million) for the company's participation in a...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Russias-antitrust-authority-fines-an-additional-member-of-S-PVC-price-fixing-cartel_57734.html
January 3, 2014
LyondellBasell Industries says it has completed the previously announced restart of the company's methanol plant at Channelview, TX. The plant was placed back into service in the...
http://www.chemweek.com/markets/plastics/polyethylene/LyondellBasell-restarts-methanol-plant-in-Texas_57716.html
December 30, 2013
Rosneft (Moscow), Oil Techno (Yerevan, Armenia), and tire manufacturer Pirelli have signed a memorandum of understanding (MOU) for joint R&D related to synthetic rubber, in...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Rosneft-Pirelli-sign-deal-for-rubber-R-and-D-partnership-in-Armenia_57682.html
December 23, 2013
Nova Chemicals has pushed back plans for a new Advanced Sclairtech (AST) polyethylene facility because of the increasing uncertainty surrounding project resources in North America, says Chris Bezaire, senior vp/polyethylene at Nova....
http://www.chemweek.com/markets/plastics/polyethylene/Nova-postponed-PE-project-on-resource-crunch_57619.html
December 20, 2013
Solvay has announced an agreement to sell its 70.59% stake in Solvay Indupa (Buenos Aires) to Braskem for $290 million. The deal, which is subject to antitrust approval, will give Braskem a commanding position in South America’s polyvinyl chloride (PVC) market....
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Braskem-acquires-Solvay-Indupa-for-$290-million_57462.html
December 20, 2013
The business activities of beleaguered polyvinyl chloride (PVC) producer Kem One (Lyon, France) will be run jointly by businessman Alain de Krassny and buyout firm OpenGate Capital...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Court-approves-joint-takeover-of-PVC-firm-Kem-One_57616.html
December 19, 2013
Biffa Polymers (Middlesbrough, UK), a subsidiary of waste management firm Biffa (High Wycombe, UK), has reopened its postconsumer plastics recycling line, at Redcar, UK. It follows a...
http://www.chemweek.com/markets/plastics/polyethylene/UK-firm-reopens-mixed-plastics-recycling-facility_57539.html
December 18, 2013
Nova Chemicals says it will expand its ethylene capacity at its Corunna, ON site by 20% and debottleneck polyethylene at its nearby Moore, ON site. Nova also reaffirmed its interest a second polyethylene (PE) facility based on its Advanced Sclairtech (AST) technology. The projects are part of the company's Nova 2020 growth plan....
http://www.chemweek.com/markets/plastics/polyethylene/Nova-Chemicals-plans-ethylene-PE-expansion-at-Sarnia-sites-evaluating-new-PE-plant_57504.html
December 18, 2013
The two remaining takeover bids for debt-ridden polyvinyl chloride producer (PVC) Kem One (Lyon, France) have been merged into one, the company announced today. The Commercial Court of...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Kem-Ones-takeover-bids-merged-into-one-final-court-decision-expected-Friday_57484.html
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