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July 9, 2015
Omnova Solutions (Beachwood, OH) has announced a price increase in the Americas of 5 cts/wet lb. or 10 cts/dry lb. on all styrene-butadiene latex (SB latex) products, effective 1 August. BASF announced an equivalent increase on 8 July....
http://www.chemweek.com/markets/plastics/synthetic_rubber/Omnova-ups-price-of-SB-latex_72059.html
July 9, 2015
Nizhnekamskneftekhim (NKNK; Nizhnekamsk, Russia), a leading Russian producer of petrochemicals and part of the local TAIF Group (Kazan), has decided to divide its planned $9-billion...
http://www.chemweek.com/markets/plastics/polyethylene/Russian-petchems-firm-NKNK-splits-$9-billion-cracker-project-into-two-phases_72038.html
July 9, 2015
Hanwha Chemical (Seoul) has declared force majeure at its 280,000-m.t./year polyvinyl chloride (PVC) facility at Ulsan, South Korea. The plant has been shut down and PVC exports...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Hanwha-declares-force-majeure-on-PVC-at-Ulsan-market-firms-slightly-on-speculative-buying_72005.html
July 8, 2015
Bayer MaterialScience said on Wednesday that its Brunsbüttel, Germany–based toluene diisocyanate (TDI) plant will be permanently closed in early September. The closure of...
http://www.chemweek.com/markets/plastics/toluene_diisocyanate/Bayer-MaterialScience-to-close-TDI-plant-in-Germany_72006.html
July 6, 2015
Hanwha Chemical's  (Seoul) 280,000-m.t./year polyvinyl chloride plant at Ulsan, South Korea, is still running, albeit at reduced rate, a company source tells IHS Chemical. An...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Hanwhas-PVC-plant-at-Ulsan-running-at-reduced-rate-after-accident_71890.html
July 5, 2015
Brahmaputra Cracker and Polymer (BCPL) has begun the commissioning of its long-delayed Assam cracker project at Lepetkata, India. Three units—the gas sweetening unit, the...
http://www.chemweek.com/markets/plastics/polyethylene/Assam-gas-cracker-project-in-commissioning-phase_71883.html
July 3, 2015
Formosa Plastics Corp. USA, a Formosa Plastics Corp. (Kaohsiung, Taiwan) subsidiary, will build an additional polypropylene (PP) production line at its Point Comfort, TX, site. It will...
http://www.chemweek.com/markets/plastics/polypropylene/Formosa-to-add-PP-capacity-at-Point-Comfort_71875.html
July 3, 2015
An explosion occurred today at a plant belonging to Hanwha Chemical at Ulsan, South Korea, that left six people dead and one person injured, local media reports say. The blast happened...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Reports-Explosion-at-Hanwha-Chemical-PVC-plant-leaves-six-dead-one-injured_71867.html
July 2, 2015
Sinopec Engineering has won three contracts for projects in Thailand and in China, the company has announced. In Thailand it has been awarded an engineering, procurement, construction...
http://www.chemweek.com/markets/plastics/polypropylene/Sinopec-Engineering-wins-contracts-in-Thailand-China-valued-at-about-$2-billion_71836.html
July 1, 2015
BASF has sold its 25% stake in the SolVin polyvinyl chloride (PVC) joint venture to its partner, Solvay. The deal closed today—financial details of the transaction have not been...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/BASF-exits-SolVin-PVC-JV-Solvay-Ineos-launch-Inovyn_71808.html
June 30, 2015
SCG Packaging (Bangkok) has acquired an 80% stake in a Vietnamese flexible packaging company, its parent Siam Cement (Bangkok) said Tuesday. TC Flexible Packaging...
http://www.chemweek.com/markets/plastics/polyethylene/SCG-Packaging-buys-80-percent-stake-in-Vietnamese-company_71747.html
June 25, 2015
The compounding business of Hexpol (Malmö, Sweden) will install a rubber compounding line at Querétaro, Mexico. The new line follows the commissioning of a second mixing...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Hexpol-expands-rubber-compounding-capacity-in-Mexico_71608.html
June 25, 2015
Polystyrene (PS) imports into Europe have been on the rise and inflated regional styrene values have dented profitability. Trade data released by Eurostat (Brussels) for the 28 EU...
http://www.chemweek.com/markets/plastics/polystyrene/PS-imports-into-Europe-increase-significantly_71611.html
June 24, 2015
Sasol told the Stock Exchange News Service (Johannesburg) on Thursday that the South African Competition Appeal Court on 17 June upheld Sasol’s appeal against the Competition...
http://www.chemweek.com/markets/plastics/polypropylene/Sasol-wins-appeal-in-pricing-of-propylene-and-polypropylene-case_71427.html
June 24, 2015
Polystyrene manufacturer TPSC Asia Pte (Singapore) has awarded Suttons (Cheshire, UK) a supply chain management contract, Suttons announced today.  Under the contract Suttons will...
http://www.chemweek.com/markets/plastics/polystyrene/Singapores-TPSC-awards-supply-chain-management-contract-to-Suttons_71578.html
June 24, 2015
A fire broke out at a silo belonging to Petronas Chemicals' low-density polyethylene (LDPE) plant at Kerteh, Malaysia, Tuesday evening, Petronas says. The fire started at 5:00 pm local...
http://www.chemweek.com/markets/plastics/polyethylene/Petronas-Chemicals-reports-fire-at-silo-belonging-to-LDPE-unit_71555.html
June 22, 2015
Gazprombank (Moscow) has provided a credit facility to the State Oil Co. of the Azerbaijan Republic (Socar; Baku), the two entities have announced. Gazprombank's investment committee...
http://www.chemweek.com/markets/plastics/polyethylene/Gazprombank-provides-loan-to-Socars-polymer-project-in-Azerbaijan_71504.html
June 18, 2015
A consortium comprising the Russian Direct Investment Fund (RDIF) and leading international investors, have agreed to invest in the development of ZapSibNeftekhim, Sibur’s...
http://www.chemweek.com/markets/plastics/polyethylene/Sibur-secures-funds-for-its-largest-petchems-project-planned-at-Tobolsk_71453.html
June 18, 2015
Mangalore Refinery and Petrochemicals (Mangalore, India) on Thursday informed the Bombay Stock Exchange that it has begun commercially producing polypropylene (PP) at its Mangalore...
http://www.chemweek.com/markets/plastics/polypropylene/Mangalore-Refinery-and-Petrochemicals-commissions-polypropylene-plant_71423.html
June 16, 2015
Nova Chemicals has commissioned and begun operating a semi-commercial scale, nine-layer blown-film co-extrusion line at the company’s Centre for Performance Applications at Calgary, AB. Nova says the unit will be the cornerstone of additional investments at the facility....
http://www.chemweek.com/markets/plastics/polyethylene/Nova-commissions-semi-commercial-nine-layer-blown-film-line_71368.html
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