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December 13, 2013
Tecnimont (Milan) has won the front-end engineering design (FEED) contract for the $5.5 billion Al Sejeel petrochemical complex at Ras Laffan. Al Sejeel, which in Arabic means hard...
http://www.chemweek.com/markets/plastics/polyethylene/Qatar-awards-FEED-contract-for-Al-Sejeel-to-Tecnimont_57392.html
December 12, 2013
Two bids have been confirmed for the possible acquisition of debt-ridden polyvinyl chloride (PVC) manufacturer Kem One (Lyon, France), the company announced today. The Commercial Court...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/French-court-grants-one-week-extension-on-Kem-One-takeover-case-two-bids-confirmed_57315.html
December 11, 2013
Qatar Petroleum (QP; Doha) has signed a memorandum of understanding (MOU) with Zeon Corp. (Tokyo) and Mitsui & Co. for the development of an integrated world-scale butadiene...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Qatar-Petroleum-signs-agreement-for-Ras-Laffan-butadiene-elastomer-project_57269.html
December 10, 2013
Michelin and sugar producer Tereos (Lille, France) have signed an agreement to pool their respective skills and capabilities with the goal of jointly developing innovative...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Michelin-and-French-sugar-ethanol-producer-partner-in-biobased-butadiene-project_57244.html
December 10, 2013
Huntsman,  throughits wholly owned subsidiary, Huntsman International, will privately offer €200 million ($274.3 million) in aggregate principal amount of senior...
http://www.chemweek.com/markets/plastics/methylene_dipara_phenylene_isocyanate/Huntsman-to-offer-&euro200-million-in-senior-notes_57237.html
December 10, 2013
Uhde Inventa-Fischer announced today that it has commissioned a polycondensation plant for the production of polyethylene terephthalate (PET) bottle resin and packaging...
http://www.chemweek.com/markets/plastics/pet/Octal-Petrochemicals-commissions-large-PET-resins-plant-in-Oman_57233.html
December 9, 2013
Researchers from IBM and the Institute of Bioengineering and Nanotechnology (Singapore) have made a nanomedicine breakthrough, converting common plastic materials such as polyethylene...
http://www.chemweek.com/markets/plastics/pet/Researchers-convert-plastics-into-disease-fighting-nanofibers_57197.html
December 9, 2013
M&G Chemicals (Tortona, Italy) has postponed its listing on the Hong Kong stock exchange, the company announced today. "In light of volatile market conditions, M&G...
http://www.chemweek.com/markets/plastics/pet/M-and-G-Chemicals-postpones-Hong-Kong-IPO-citing-volatile-market-conditions_57196.html
December 9, 2013
Styrolution (Frankfurt), the styrenics joint venture between BASF and Ineos, today announced changes to its styrenics specialties production network in Europe, the Mideast and Africa...
http://www.chemweek.com/markets/plastics/polystyrene/Styrolution-optimizes-production-network-in-Germany-Schwarzheide-to-become-hub_57188.html
December 5, 2013
BASF announced today that it signed a contract with Kaneka Belgium (Westerlo-Oevel), a subsidiary of Kaneka Corp., to sell its Vinuran polyvinyl chloride (PVC) modifier business. BASF...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/BASF-to-sell-PVC-modifier-business-to-Kaneka-Belgium_57104.html
December 5, 2013
Repsol said today that it is restarting production at its high-density polyethylene and low-density polyethylene plants at Tarragona, Spain, following a turnaround at the ethylene and...
http://www.chemweek.com/markets/plastics/polyethylene/Repsol-resumes-production-of-PE-at-Tarragona-ships-ethylene-from-its-Sines-cracker_57099.html
December 5, 2013
Lion Copolymer (Baton Rouge, LA) will temporarily shut down its synthetic rubber plant at Baton Rouge, according to local media reports. The length of the closure is still to be...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Reports-Lion-Copolymer-to-shut-rubber-facility-at-Baton-Rouge-temporarily_57098.html
December 4, 2013
Lotte Chemical UK, a subsidiary of Lotte Chemical (Seoul), says it intends to close its purified terephthalic acid (PTA) plant at Wilton, UK, with the potential loss of 70 jobs. The...
http://www.chemweek.com/markets/plastics/pet/Lotte-Chemical-to-close-PTA-plant-in-UK_57071.html
December 2, 2013
W.R.Grace announced today that it has completed its previously announced acquisition of Dow’s polypropylene (PP) licensing and catalysts business for $500 million. The...
http://www.chemweek.com/markets/plastics/polypropylene/Grace-completes-acquisition-of-Dows-PP-catalysts_57025.html
December 2, 2013
M&G Chemicals (Tortona, Italy) has debuted on the Hong Kong stock exchange, offering 2.35 billion shares at HK$1.65–1.95/share. The initial public offering comprises an...
http://www.chemweek.com/markets/plastics/pet/M-and-G-Chemicals-shares-debut-on-Hong-Kong-stock-exchange_57022.html
December 2, 2013
India's first styrene butadiene rubber (SBR) plant, at Panipat, was inaugurated on 29 November by the country's minister of petroleum, natural gas, and textiles, Panabakka Lakshmi...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Indias-first-SBR-production-plant-inaugurated_57019.html
November 27, 2013
Solvay cut 2016 earnings targets at an investor presentation in London today, citing changes in its portfolio and macroeconomic challenges, particularly in Europe. Solvay now expects...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Solvay-cuts-2016-earnings-targets-at-investor-day_56973.html
November 26, 2013
ACC reported today that the group’s monthly Chemical Activity Barometer (CAB) rose 0.1% in November on a three-month moving average (3MMA) basis. The CAB is up 2.8% year-on-year...
http://www.chemweek.com/markets/plastics/polyethylene/ACCs-CAB-rises-in-November_56958.html
November 25, 2013
Green chemicals firm Carbios (Paris) has filed its “document de base” with the French financial markets authority (AMF; Paris) as part of its proposed IPO on NYSE Alternext...
http://www.chemweek.com/markets/plastics/pet/Carbios-to-seek-IPO-in-NYSE-Alternext-Paris_56937.html
November 25, 2013
The Japan Bank for International Cooperation (JBIC; Tokyo) has signed a buyer's credit agreement totaling up to ¥8.9 billion ($87.85 million; JBIC portion) with the Government of...
http://www.chemweek.com/markets/plastics/polyethylene/JBIC-to-help-finance-sulfuric-acid-production-plant-in-Turkmenistan_56942.html
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