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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
August 1, 2013
Borealis will close permanently its 175,000-m.t./year high-density polyethylene (HDPE) production line at Burghausen, Germany, by the end of next year, according to reports in the...
http://www.chemweek.com/markets/plastics/polyethylene/Reports-Borealis-to-cease-HDPE-production-at-Burghausen-focus-site-on-PP_54148.html
July 31, 2013
Mexichem's (Tlalnepantla, Mexico) previously announced vinyl chloride monomer (VCM) joint venture with Pemex (Mexico City) is expected to start operating during the third quarter...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Mexichem-expects-VCM-venture-with-Pemex-to-launch-in-third-quarter-posts-48-percent-net-profit-fall_54096.html
July 30, 2013
KBR has been awarded a front-end engineering and design (FEED) contract by Ineos’s olefins and polymers USA segment to build “one of the largest grassroots”...
http://www.chemweek.com/markets/plastics/polyethylene/KBR-awarded-FEED-contract-for-Ineos-Sasol-Gulf-Coast-HDPE-plant_54038.html
July 27, 2013
Air Liquide plans to invest €50 million ($66.4 million) in a new carbon monoxide (CO) plant at Antwerp. This follows the signing of a long-term contract with BASF to supply CO to...
http://www.chemweek.com/markets/plastics/methylene_dipara_phenylene_isocyanate/Air-Liquide-to-build-carbon-monoxide-plant-at-Antwerp_53987.html
July 26, 2013
Styron Europe has announced a price increase of €110/m.t. ($144) across its polystyrene (PS) range, including its general-purpose PS and high-impact polystyrene (HIPS)...
http://www.chemweek.com/markets/plastics/polystyrene/Styron-announces-&euro110m-t-PS-increase-on-the-back-of-rising-feedstock-costs_48803.html
July 26, 2013
Styron has proposed changes for the settlement of monthly polystyrene (PS) contacts in Europe, calling for contracts to close in the first week, but not later than the tenth working...
http://www.chemweek.com/markets/plastics/polystyrene/Styron-Seeks-Changes-to-Polystyrene-Contract-Settlements-in-Europe_42157.html
July 25, 2013
Omnova Solutions (Fairlawn, OH) is investing to shift excess styrene-butadiene (SB) latex capacity at its plant in Mogadore, OH to the production of styrene-acrylic and other...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Omnova-to-restructure-SB-latex-capacity-at-one-of-its-US-sites_53895.html
July 24, 2013
Sasol and Ineos are considering a 470,000 m.t./year plant that would employ Innovene S process technology licensed from Ineos....
http://www.chemweek.com/markets/plastics/polyethylene/Sasol-Ineos-plan-US-HDPE-joint-venture_53874.html
July 24, 2013
The government of Indonesia expects to develop a $4-billion fertilizer and petrochemical complex at Teluk Bintuni, West Papua Province, according to local media reports. Construction...
http://www.chemweek.com/markets/plastics/polyethylene/Reports-Indonesia-to-develop-fertilizer-and-petchem-complex_53852.html
July 22, 2013
Bayer MaterialScience says its toluene diisocyanate (TDI) project at Dormagen, Germany, has reached a milestone in construction, and start-up is scheduled for the second half of...
http://www.chemweek.com/markets/plastics/toluene_diisocyanate/Bayer-gives-update-on-TDI-project-in-Germany_53795.html
July 19, 2013
Styron Europe and Ravago (Arendonk, Belgium) announced today that they have signed a definitive agreement under which Styron’s expandable polystyrene (EPS) business will be sold...
http://www.chemweek.com/markets/plastics/polystyrene/Styron-Europe-sells-EPS-business-to-Ravago_53773.html
July 19, 2013
Weak tire demand has resulted in falling butadiene and styrene butadiene rubber (SBR) prices, according IHS Chemical's most recent Market Advisory Service: Global C4 Olefins &...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Weak-tire-demand-worldwide-puts-pressure-on-butadiene-and-SBR-prices_53737.html
July 18, 2013
Ineos Technologies says that Oriental Energy Co. (Nanjing, China) has selected the Innovene polypropylene (PP) process for its Ningbo Fuji Petrochemical subsidiary’s new...
http://www.chemweek.com/markets/plastics/polypropylene/Oriental-Energy-Co-selects-Ineos-technology-for-Ningbo-PP-project_53733.html
July 17, 2013
Alpek on 15 July reported a second-quarter loss of $71 million, down 187% year-over-year (YOY) from $82 million on net costs of $114 million related to the closure of its Cape Fear site in North Carolina. Revenues for the quarter totaled $1.81 billion, down 5% YOY from $1.91 billion....
http://www.chemweek.com/markets/plastics/pet/Alpek-reports-second-quarter-loss-on-Cape-Fear-closure_53689.html
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