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May 21, 2013
A fire at Formosa Plastics’ Point Comfort, TX, on 2 May injured 16 people and shut down the PE-1 high-density polyethylene (HDPE) unit, which produces Formolene...
http://www.chemweek.com/markets/plastics/polyethylene/Formosa-Point-Comfort-fire-impacts-US-HDPE-supplies_52096.html
May 21, 2013
Ineos and Solvay have confirmed CW’s exclusive report that they are forming a vinyls joint venture (CW, May 6, p. 7)....
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Ineos-and-Solvay-confirm-plans-for-vinyls-JV-Solvay-to-exit-PVC_52087.html
May 17, 2013
Mexichem (Tlalneplantla, Mexico) has received clearance from FTC—and its equivalent body in Germany—for Mexichem's acquisition of the polyvinyl chloride (PVC) specialty...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Mexichem-cleared-to-acquire-PolyOnes-specialty-PVC-assets-bidding-for-Solvays-Indupa-assets_52133.html
May 15, 2013
“At this point, it is estimated that the remaining production line will start up by late June,” Ken Mounger, v.p. and general manager/polyolefins, tells customers....
http://www.chemweek.com/markets/plastics/polyethylene/Two-of-three-lines-operational-at-Formosas-fire-damaged-HDPE-unit_52021.html
May 15, 2013
LyondellBasell will shut down a 100,000-m.t./year high-density polyethylene (HDPE) unit in Wesseling, Germany, in the third quarter....
http://www.chemweek.com/markets/plastics/polyethylene/LyondellBasell-to-close-HDPE-Unit-in-Germany_52037.html
May 15, 2013
Arkema's first-quarter adjusted net income contracted by 21.1% from €123 million ($159.7 million) in the first quarter of 2012, to €97 million, the company announced today...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Arkemas-first-quarter-net-income-shrinks-by-21-1-percent-on-mixed-economic-environment_52011.html
May 13, 2013
The sixth meeting of the Conference of the Parties to the Stockholm Convention has agreed to begin phasing out the use of hexabromocyclododecane (HBCD) in little more than a year...
http://www.chemweek.com/markets/plastics/polystyrene/Report-Stockholm-Convention-agrees-on-phaseout-of-HBCD_51948.html
May 13, 2013
The Competition Tribunal (Pretoria) is set to hear next week the case brought against Sasol by the Competition Commission (Pretoria), under which Sasol was accused of charging...
http://www.chemweek.com/markets/plastics/polypropylene/Sasol-to-defend-propylene-and-PP-pricing-policies-before-competition-tribunal_51947.html
May 10, 2013
Evonik has started basic engineering for a production plant for precipitated silica in Brazil and expects to complete the plant by 2015, subject to approval from respective bodies and...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Evonik-starts-basic-engineering-for-silica-site-in-Brazil-continues-to-expand-global-silica-capacity_51908.html
May 10, 2013
Indebted petrochemical producer Oltchim (Râmnicu Vâlcea, Romania), will lay off a quarter of its staff starting next week, according to reports in the Romanian press. About...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Report-Romanias-Oltchim-to-lay-off-25-percent-of-its-staff_51883.html
May 9, 2013
Braskem's first quarter earnings totaled R$227 million ($113 million), up 49% year-over-year (YOY) from R$152 million, but down 18% sequentially from R$275 million in the fourth quarter of 2012....
http://www.chemweek.com/markets/plastics/polyethylene/Braskem-first-quarter-net-income-up-49-percent_51886.html
May 8, 2013
Axiall on Tuesday reported adjusted net income for the quarter totaled $45.1 million, up 63% year-on-year (YOY) from $27.6 million. Adjusted earnings per share were 75 cts/share...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Axiall-reports-first-quarter-net-income-of-$45-million-misses-estimates_51857.html
May 8, 2013
The EU Court of Justice (Luxembourg) says it has rejected ENI's (Rome) appeal against a ruling by the EU General Court covering ENI's involvement in a price-fixing cartel in the...
http://www.chemweek.com/markets/plastics/synthetic_rubber/ENI-and-Versalis-lose-appeal-against-EU-synthetic-rubber-price-fixing-fine_51851.html
May 8, 2013
Rosneft (Moscow) and Itera (Moscow) have expressed an interest in acquiring Nairit (Yerevan, Armenia), a synthetic rubber manufacturer in Armenia that is currently not in production...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Reports-Rosneft-interested-in-acquiring-indebted-rubber-producer-in-Armenia_51846.html
May 7, 2013
State Oil Co. of Azerbaijan (Socar; Baku) will produce polypropylene (PP) at a new site to be established by its Azerikimya Production Union (Baku) subsidiary, Socar...
http://www.chemweek.com/markets/plastics/polypropylene/Report-Azerbaijans-Socar-to-raise-funds-to-build-PP-plant_51811.html
May 7, 2013
(This story has been corrected. An earlier version stated that Westlake's first quarter net income increased by 190% YOY, whereas the actual increase was 40%. We regret the...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Westlake-earnings-leap-40-percent-YOY-beat-street-estimate-corrected_51768.html
May 3, 2013

A fire at an ethylene purification unit at Formosa Plastics’ complex at Point Comfort, TX yesterday, injured 14 people. Eight of the injured have been treated and released as of Friday morning, according to a company spokesperson. 

The fire occurred in an ethylene purification area near the site’s “PE 1” high-density polyethylene (HDPE) production unit. 

...

http://www.chemweek.com/markets/plastics/polyethylene/Fire-injures-14-at-Formosas-Point-Comfort-TX-site_51743.html
May 3, 2013
Private equity firm Sun Capital (Boca Raton, FL) says it will combine five of the packaging companies its owns under its Exopack Holdings (Spartanburg, SC) investment. The...
http://www.chemweek.com/markets/plastics/polyethylene/Sun-Capital-to-combine-packaging-investments-under-Exopack_51745.html
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