IHS Chemical Week

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Displaying 21 - 40 of 1604 stories.
November 19, 2014
Sibur’s subsidiary Biaxplen, a major producer of biaxially oriented polypropylene (BOPP) has launched a new type of biaxially oriented metallized heat sealable film. The...
http://www.chemweek.com/markets/plastics/polypropylene/Biaxplen-launches-new-type-of-metallized-BOPP-film_65525.html
November 17, 2014
Mexichem (Tlalnepantla, Mexico) has received clearance from all antitrust authorities with respect to its acquisition of Vestolit (Marl, Germany), the company announced. Mexichem...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Mexichem-receives-antitrust-approval-for-Vestolit-acquisition_65471.html
November 14, 2014
Dow Chemical plans to expand capacity and enhance production technologies and equipment at its four polyethylene (PE) production units at Bahia Blanca, Argentina, starting in 2015. The...
http://www.chemweek.com/markets/plastics/polyethylene/Dow-to-expand-PE-capacity-in-Argentina_65437.html
November 13, 2014
Brazil's competition authority CADE (Brasilia) has rejected Braskem's proposed acquisition of Solvay's 70.59% stake in chlorvinyls company Solvay Indupa (Buenos Aires). The decision...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Brazil-blocks-Braskems-acquisition-of-Solvay-Indupa-update-adds-Braskem-comment_65343.html
November 13, 2014
Japan Polypropylene (JPP; Tokyo), a joint venture between Japan Polychem—a subsidiary of Mitsubishi Chemical—and JNC Corp. (Tokyo), has announced an expansion of...
http://www.chemweek.com/markets/plastics/polypropylene/Japan-Polypropylene-to-expand-compounding-capacity-in-US-China_65367.html
November 13, 2014
M&G Chemicals (Luxembourg), a wholly owned subsidiary of Mossi Ghisolfi Group (Tortona, Italy), has signed an agreement to issue $300 million in new equity to private equity...
http://www.chemweek.com/markets/plastics/pet/Private-equity-firm-TPG-acquires-minority-stake-in-M-and-G-Chemicals-via-capital-increase_65363.html
November 10, 2014
Yacimientos Petrolíferos Fiscales Bolivianos (YPFB; La Paz), has awarded Tecnimont a consulting services contract on YPFB's planned propylene and polypropylene (PP)...
http://www.chemweek.com/markets/plastics/polypropylene/Tecnimont-wins-consulting-contract-for-YPFB-propylenePP-project_65255.html
November 10, 2014
Dow Chemical says it will appeal a polyurethanes price-fixing class-action judgment to the US Supreme Court. In September, the US Court of Appeals for the Tenth Circuit affirmed a jury verdict awarding the plaintiffs $1.06 billion. Dow asked the court to rehear the case, but on 7 November, the court turned the company down....
http://www.chemweek.com/markets/plastics/methylene_dipara_phenylene_isocyanate/Dow-to-appeal-polyurethanes-decision-to-US-Supreme-Court_65261.html
November 10, 2014
Styrolution (Fribourg, Switzerland), part of the Ineos group, said today that it intends to close permanently its 80,000 m.t./year polystyrene (PS) plant at Trelleborg, Sweden. The...
http://www.chemweek.com/markets/plastics/polystyrene/Styrolution-to-close-polystyrene-plant-in-Sweden_65254.html
November 7, 2014
Flint Hills Resources (Wichita, KS) plans to close its 85,000-m.t./year Marysville, MI, polypropylene (PP) plant in July 2015. Production will be shifted to the company's Longview, TX, facility, which has two PP plants totaling over 300,000 m.t./year of capacity....
http://www.chemweek.com/markets/plastics/polypropylene/Flint-Hills-to-close-Marysville-MI-polypropylene-plant-in-July-Updated_65231.html
November 7, 2014
Shell Chemical is exercising its option to buy a site in Monaca, PA, for a potential world-scale ethylene and derivatives project, according to Horsehead Holding, owner of the site. The deal brings the project, which would include an ethane cracker and polyethylene plants, one step closer to realization. However, Shell has not made a final investment decision....
http://www.chemweek.com/markets/plastics/polyethylene/Shell-to-buy-site-in-Monaca-PA-for-cracker-project_65228.html
November 7, 2014
Caustic soda supply has tightened considerably in northwestern and southern Europe because of production issues plaguing various producers. These issues range from industrial action to...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Caustic-soda-prices-spike-in-Europe-as-production-issues-constrain-supply_65218.html
November 5, 2014
Axiall (Atlanta) says lower electrochemical unit values and higher ethylene costs cut into third-quarter volume gains. Net income totaled $44.5 million, up 6% year-on-year (YOY) from $39.0 million. Net sales also increased 6% YOY, to $1.27 billion, from $1.20 billion. Adjusted earnings per share of 72 cts were well ahead of analysts’ consensus estimate of 60 cts, compiled by Thomson Reuters....
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Axiall-increases-income-6-percent-beats-estimates_65139.html
November 3, 2014
HIP Petrohemija (Pancevo, Serbia) says it has signed a preliminary agreement with the Pancevo municipal authority for construction of a polypropylene (PP) plant at...
http://www.chemweek.com/markets/plastics/polypropylene/Serbias-HIP-Petrohemija-signs-preliminary-deal-for-PP-project_65050.html
October 31, 2014
TCI Sanmar Chemicals, part of Sanmar Group (Chennai, India), plans to expand its Port Said, Egypt based manufacturing complex, where it has already invested more than $1 billion. The...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/TCI-Sanmar-to-expand-PVC-complex-in-Egypt_65015.html
October 29, 2014
Nova Chemical reports third-quarter income of $259 million, up 116% year-over-year (YOY) from $120 million, with all segments contributing to the gain. Sales totaled $1.427 billion, up 13% YOY from $1.263 billion....
http://www.chemweek.com/markets/plastics/polyethylene/Nova-doubles-third-quarter-income_64899.html
October 29, 2014
Alujain Corp. reported a 39% drop in net third-quarter profit to 34.85 million Saudi riyals ($9.3 million) compared with the year-earlier quarter citing an insurance payment to...
http://www.chemweek.com/markets/plastics/polypropylene/Alujains-net-profit-declines_64903.html
October 28, 2014
Westlake has held a dedication ceremony to celebrate the expansion of the company's Calvert City, KY, vinyls complex. Westlake spent in excess of $300 million for the project. The...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Westlake-dedicates-ethylene-PVC-expansions-in-Kentucky_64847.html
October 24, 2014
Para-xylene (p-xylene) spot prices have come off significantly in Europe this month as p-xylene spot prices have dropped in Asia on the back of a significant fall in energy markets...
http://www.chemweek.com/markets/plastics/pet/P-xylene-prices-fall-in-Europe-on-the-back-of-softer-Asian-prices-weaker-energy-markets_64788.html
October 16, 2014
Alpek (Monterrey, Mexico) posted a 17% decline in consolidated Ebitda for the third quarter of 2014 compared with the corresponding period of last year, to $131 million, on sales down...
http://www.chemweek.com/markets/plastics/pet/PTA-PET-producer-Alpek-posts-lower-results-on-weaker-volume-prices_64547.html
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