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September 5, 2013
Braskem is participating in the bidding process to acquire Indupa (Buenos Aires), Solvay's South American polyvinyl chloride (PVC) business, which is up for sale, according to a...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Braskem-confirms-participation-in-bidding-for-Solvays-Indupa-PVC-business_54946.html
September 4, 2013
Total will close permanently its 340,000-m.t./year ethylene plant at Carling, France, the company announced today. The Carling steam cracker is expected to shut down in the second half...
http://www.chemweek.com/markets/plastics/polystyrene/Total-to-close-Carling-cracker-convert-site-into-polymer-resin-hub_54909.html
September 3, 2013
Nizhnekamskneftekhim (NKNK; Nizhnekamsk, Russia), a leading petrochemicals and synthetic rubber producer, reports a drop in sales and profits in the first six months of this year...
http://www.chemweek.com/markets/plastics/polyethylene/Russian-firm-NKNK-reports-declines-in-sales-profits-due-to-lower-rubber-prices_54875.html
August 30, 2013
The summer of 2013 has been a washout for polyethylene terephthalate (PET) in the United States, according to analysts at IHS Chemical. With bottle season over, demand will drop, but prices will retain their upward momentum for the next month or so, boosted by rising feedstock costs. PET producers have nominated increases of 3-4 cents/lb. for September....
http://www.chemweek.com/markets/plastics/pet/IHS-Chemical-US-PET-set-to-rise-despite-weak-demand_54848.html
August 30, 2013
Market speculation has resurfaced over the future of Total's steam cracker at Carling, France, according to a report from French financial newspaper Les Echos. A refinery and...
http://www.chemweek.com/markets/plastics/polyethylene/Report-Speculation-resurfaces-about-possible-closure-of-Totals-Carling-cracker_54844.html
August 30, 2013
Petrochemical sales volume in Brazil was up 2.46% year-on-year (YOY) in June and July, according to Abiquim (São Paulo), the country's chemical industry association. Domestic...
http://www.chemweek.com/markets/plastics/polyethylene/Brazils-domestic-petchem-sales-up-2-46-percent-in-June-July_54839.html
August 27, 2013
Dow Chemical has selected the location of four plastics units on the US Gulf Coast, the company said on 27 August....
http://www.chemweek.com/markets/plastics/polyethylene/Dow-selects-sites-for-US-Gulf-Coast-plastics-units_54770.html
August 23, 2013
Courts in the US and Europe have almost wholly rejected claims that M&G Group’s PoliProtect APB and JB resins infringe Invista patents, M&G Group said in a statement issued on 23 August....
http://www.chemweek.com/markets/plastics/pet/M-and-G-Invista-misleads-on-PoliProtect-patent-ruling_54724.html
August 23, 2013
Petrobras has started production of purified terephthalic acid (PTA) at its Pernambuco, Brazil, complex, the company announced. The plant is Brazil's only operating PTA facility. The...
http://www.chemweek.com/markets/plastics/pet/Petrobras-starts-production-of-PTA-at-Pernambuco-complex_54692.html
August 21, 2013
According to a statement issued by Invista, the ruling “resolves questions regarding ongoing allegations of infringement with respect to M&G’s PoliProtect APB and JB resin manufactured, offered for sale, and sold in the United States....
http://www.chemweek.com/markets/plastics/pet/US-court-M-and-G-has-infringed-Invistas-PolyShield-patent_54605.html
August 20, 2013
Toray says it will build a second cogeneration system at its 70-acre North Kingstown, RI, site. The system, which is expected to be operational by March 2014, will power production for...
http://www.chemweek.com/markets/plastics/pet/Toray-Plastics-to-build-additional-power-system-at-Rhode-Island-site_54581.html
August 18, 2013
Petrobras says that its board of directors on Friday approved plans to sell $2.1 billion worth of assets, including upstream and downstream operations. The company is selling...
http://www.chemweek.com/markets/plastics/polystyrene/Petrobras-sells-$2-1-billion-worth-of-assets-including-Innova_54546.html
August 14, 2013
M&G Chemicals (Tortona, Italy) is preparing to list its shares on the Hong Kong Stock Exchange, according to various financial newspapers. The company is seeking to raise about...
http://www.chemweek.com/markets/plastics/pet/Reports-M-and-G-Chemicals-seeks-$500-million-listing-in-Hong-Kong_54474.html
August 13, 2013
“We now have the requisite permits in hand to initiate construction of the cracker and polyethylene units, and remain in the first-mover position, leading the way as the US petrochemical industry announces significant expansions of capacity as a result of shale resource development,” says Ron Corn, v.p./corporate planning and development....
http://www.chemweek.com/markets/plastics/polyethylene/Chevron-Phillips-Chemical-cracker-and-PE-projects-gain-environmental-permits_54456.html
August 9, 2013
Irkutsk Oil Co. (IOC; Irkutsk, Russia) is studying the possibility of building a gas-to-chemical complex (GCC) to the north of Irkutsk, the company announced. IOC has started work on a...
http://www.chemweek.com/markets/plastics/polyethylene/Russian-oil-company-studies-gas-to-chemical-project_54400.html
August 8, 2013
Advanced Petrochemical (Al Jubail), a producer of propylene and polypropylene (PP), has signed an agreement with Satorp—the Saudi Aramco-Total refinery and aromatics joint...
http://www.chemweek.com/markets/plastics/polypropylene/Advanced-Petrochemical-signs-new-propylene-deal-with-Satorp-ups-PP-output_54210.html
August 8, 2013
Versalis (Milan), an ENI (Rome) subsidiary, will close a 215,000-m.t./year low-density polyethylene (LDPE) production unit at Gela, Italy, the company announced during its...
http://www.chemweek.com/markets/plastics/polyethylene/Versalis-to-close-LDPE-plant-at-Gela_54326.html
August 5, 2013
Alujain announced today that its subsidiary Natpet will receive 75 million Saudi riyals ($20 million) from its insurers for the breakdown at its polypropylene (PP) manufacturing...
http://www.chemweek.com/markets/plastics/polypropylene/Natpet-receives-$20-million-insurance-compensation-for-PP-outages_54213.html
August 2, 2013
Nova Chemicals today reported its second quarter results—with earnings up 8%, to $201 million due to lower finance costs, the company says. Increased profit was also due to...
http://www.chemweek.com/markets/plastics/polyethylene/Nova-Chemicals-reports-earnings-gain-in-second-quarter_54191.html
August 1, 2013
Propilco (Bogotá), the polypropylene (PP) and polyethylene (PE) manufacturing subsidiary of Ecopetrol (Bogotá), reports a net profit of 2.2 billion Colombian pesos ($1.16...
http://www.chemweek.com/markets/plastics/polyethylene/Mixed-results-for-Ecopetrol-subsidiaries_54156.html
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