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June 27, 2014
The future of Europe's polyolefin value chain lies in making it inclusive of future generations of employees, says Koos van Haasteren, executive v.p. at Sabic Europe. In a keynote...
http://www.chemweek.com/markets/plastics/polyethylene/PEPP-2014-The-future-of-Europes-polyolefin-value-chain-lies-in-sustainability-related-opportunities_62037.html
June 25, 2014
Asia will remain the main demand region for polyolefins, and its share of worldwide polyolefin consumption will exceed 50% by 2020, with China representing well over half of this...
http://www.chemweek.com/markets/plastics/polyethylene/PEPP-2014-Asia-will-continue-to-drive-demand-growth-for-polyolefins_62020.html
June 25, 2014
Europe's olefins and polyolefins industry needs to improve its feedstock flexibility while continuing to innovate and create opportunities, since it faces growing competition from...
http://www.chemweek.com/markets/plastics/polyethylene/PEPP-2014-Europes-polyolefins-industry-must-innovate-improve-feedstock-flexibility_62013.html
June 24, 2014
Brazil's antitrust body CADE (Brasilia) has challenged the proposed acquisition by Braskem of Solvay Indupa (Bueno Aires), Solvay's polyvinyl chloride (PVC) and chlor-alkali business...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Brazils-antitrust-authority-challenges-Braskems-acquisition-of-Indupa_61991.html
June 20, 2014
Chevron Phillips Chemical (CPChem; The Woodlands, TX) has broken ground for the construction of two 500,000 m.t./year polyethylene plants at its site in Old Ocean, TX....
http://www.chemweek.com/markets/plastics/polyethylene/CPChem-begins-construction-of-polyethylene-plants-at-Old-Ocean-TX_61886.html
June 20, 2014
ExxonMobil Chemical says it has begun constructing second steam cracker at its Baytown, TX, facility and two downstream polyethylene lines at its Mont Belvieu, TX, plastics plant. EPA gave the project a final greenhouse gas Prevention of Significant Deterioration construction permit last month....
http://www.chemweek.com/markets/plastics/polyethylene/ExxonMobil-begins-expanding-Baytown-ethylene-PE_61929.html
June 17, 2014
The International Trade and Industry Ministry (MITI; Kuala Lumpur) said on Monday that it has initiated antidumping investigation concerning imports of polyethylene terephthalate (PET)...
http://www.chemweek.com/markets/plastics/pet/Malaysia-starts-antidumping-investigation-on-PET-from-China-Indonesia-and-South-Korea_61866.html
June 16, 2014
Nizhnekamskneftekhim (NKNK; Nizhnekamsk, Russia), one of the country’s leading producers of petrochemicals, today announced that it has accepted the resignation of Oleg Nesterov...
http://www.chemweek.com/markets/plastics/polypropylene/NKNK-appoints-new-general-director-starts-producing-automotive-grade-PP_61831.html
June 13, 2014
Petronas Chemicals Group (PCG; Kuala Lumpur) has completed divesting its entire 93.11% interest in Phu My Plastics and Chemical (PMPC; Vung Tau, Vietnam) to Asahi Glass and Mitsubishi...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Petronas-completes-sale-of-Vietnam-PVC-unit-to-Asahi-Glass-Mitsubishi-Corp-_61803.html
June 10, 2014
Eastman Chemical has made “significant progress” toward restoring operations at its Kingsport, TN, facility after a widespread power outage forced an unplanned shutdown on 4 June, the company says. With the possible exception of butyl acetate, the shutdown is unlikely to have much impact on the delivery of acetyl products, according to IHS Chemical....
http://www.chemweek.com/markets/plastics/pet/Eastman-restoring-operations-at-Kingsport-limited-impact-on-acetyls-says-IHS_61653.html
June 10, 2014
Ineos Technologies announced today that it has licensed its Innovene S process to Hyundai Engineering for use in Turkmengas’s previously announced, new, greenfield, world-scale...
http://www.chemweek.com/markets/plastics/polyethylene/Ineos-licenses-Innovene-S-polyethylene-technology-to-Turkmenistan_61646.html
June 10, 2014
Sibur (Moscow), Russia’s largest petrochemicals producer, today reported a 263% increase in first-quarter profit, to 56.8 billion Russian rubles ($1.65 billion), on 21% higher...
http://www.chemweek.com/markets/plastics/polypropylene/Sibur-reports-big-increase-in-first-quarter-results-new-PP-plant-contributes_61641.html
June 9, 2014
The 11th International Petrochemical Forum (IPC), a two-day event that began at Tehran on Saturday, attracted 50 foreign and 330 Iranian companies, local news agencies report. The...
http://www.chemweek.com/markets/plastics/polyethylene/Iran-to-double-petrochemical-capacity-say-officials-at-industry-conference_61615.html
June 9, 2014
Sasol and Ineos have committed to a 50-50 joint venture to produce bimodal high-density polyethylene (HDPE) at Ineos’s Battleground Manufacturing Complex in LaPorte, TX. The jv will construct a 470,000-m.t./year HDPE plant, which is expected to begin operation in 2016....
http://www.chemweek.com/markets/plastics/polyethylene/Sasol-and-Ineos-go-forward-on-Texas-HDPE-joint-venture_61626.html
June 6, 2014
Trinseo, formerly Styron, today launched an initial public offering, aiming to raise $170–190 million through the sale of 10 million common shares. The company has also applied...
http://www.chemweek.com/markets/plastics/polystyrene/Trinseo-launches-$180-million-IPO_61481.html
June 5, 2014
The Competition Tribunal of South Africa today imposed a combined 534-million South African rand ($49.9 million) penalty for excessive pricing of propylene and polypropylene...
http://www.chemweek.com/markets/plastics/polypropylene/South-Africa-penalizes-Sasol-$50-million-for-overcharging-for-propylene-PP_61578.html
June 3, 2014
England is to join the rest of the United Kingdom in introducing a compulsory charge on most plastic shopping bags. The proposal will be announced today in the Queen’s Speech to...
http://www.chemweek.com/markets/plastics/polyethylene/England-to-introduce-compulsory-charge-for-plastic-bags-in-most-shops_61536.html
June 3, 2014
Indorama Ventures (Bangkok) says that it has acquired all the shares of polyethylene terephthalate (PET) resin producer Artenius TurkPET (Adana, Turkey). Financial details of the deal...
http://www.chemweek.com/markets/plastics/pet/Indorama-acquires-PET-producer-in-Turkey_61500.html
June 2, 2014
Abu Dhabi Terminals (ADT), the manager and operator of Khalifa Port container terminal, has signed a contract with Borouge under which ADT will design, construct, and operate a...
http://www.chemweek.com/markets/plastics/polyethylene/Borouge-and-ADT-sign-packaging-services-contract_61470.html
May 30, 2014
The State Bank for Foreign Economic Affairs of Turkmenistan has signed a 10-year loan agreement with the Japan Bank for International Cooperation and the South Korea Export-Import...
http://www.chemweek.com/markets/plastics/polyethylene/Turkmenistan-signs-loan-agreement-for-petchems-project_61448.html
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