IHS Chemical Week

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May 14, 2014
Styron (Berwyn, PA) reports first-quarter income of $17.1 million, compared with a loss of $9.7 million in the year-ago period. Sales totaled $1.36 billion, down 2.3% year-over-year (YOY) on lower selling prices, partly offset by higher volumes and favorable currency impact....
May 13, 2014
Sabic announced today that it will launch its first portfolio of renewable polyolefins, certified under the ISCC Plus certification scheme, which involves strict traceability. The...
May 12, 2014
Toyo Engineering today gave more details on a petrochemical contract it is carrying out for a previously announced project for state group Turkmengas (Ashgabat) in Turkmenistan...
May 9, 2014
DAK Americas Argentina (Zarate) has acquired CabelmaPET, a recycler of polyethylene terephthalate (PET) bottles into food-grade recycled raw materials. The deal is subject to post-closing review by Argentina’s antitrust authorities....
May 8, 2014
Ineos Technologies announced today that it has licensed its process technology for two polyolefin plants to be built in China. The company will provide the technology to Xinjiang...
May 8, 2014
The first phase of Iran's Ilam petrochemical complex was inaugurated yesterday by Iranian President Hassan Rohani, according to a report from state news agency Irna. The complex, built...
May 8, 2014
The European Commission says it has approved the proposed merger of the European chlorvinyls businesses of Ineos and Solvay, subject to the divestment by Ineos of suspension polyvinyl...
May 7, 2014
Empresa Nacional del Petróleo (ENAP; Santiago) will close its steam cracker at Hualpén, Chile, and a Dow Chemical subsidiary in the country will shutter its low-density...
May 7, 2014
Borealis has awarded Jacobs Engineering with an engineering, procurement, and construction management (EPCM) services contract for a previously announced project to...
May 6, 2014
Axiall (Atlanta) reports a net loss for first-quarter 2014 of $11.6 million versus a loss of $3.5 million in the year-ago period. A 17-cts/share loss matched the analysts’ consensus estimate compiled by Thomson Reuters. Sales fell 10% year-on-year, to $994 million....
May 6, 2014
Westlake Chemical (Houston) reports net income for the first quarter of $158 million, up 28% year-on-year on improved olefin margins and volumes. Earnings totaled $1.18/share, 4% above the analysts’ consensus estimate as compiled by Thomson Reuters....
May 1, 2014
Nova Chemicals reports first quarter profit of $245 million, up 32% year-over-year (YOY) on gains in the olefins/polyolefins business unit. Sales totaled $1.38 billion, up 10% YOY....
May 1, 2014
Titan Group (Omsk, Russia) has increased its polypropylene (PP) capacity at Omsk through a technology upgrade, the company announced. Capacity has increased by 25% from about...
April 29, 2014
Lion Copolymer (Geismar, LA) has completed an engineering study for the addition of an ethylene propylene diene monomer production line at its facility at Geismar. The company says it is also considering how to strengthen its raw materials position, including shared investment in a new ethane cracker....
April 29, 2014
Bayer MaterialScience announced today that it has been issued the final construction and operating permit necessary to expand and operate its hydrochloric acid facility at...
April 25, 2014
Lanxess is restarting its butyl rubber plant at Zwijndrecht, Belgium, after trade union–represented production employees agreed to accept the terms of a new two-year collective...
April 24, 2014
A groundbreaking ceremony has been held for a project that includes an ethane cracker, and polyethylene (PE) and polypropylene (PP) production facilities, at Kiyanly, Turkmenistan...
April 23, 2014
Milliken (Spartanburg, SC) announced today that it is building new capacity for a clarifying agent for polypropylene (PP) at Blacksburg, SC. The new capacity will be onstream in 2015...
April 22, 2014
Quality Circular Polymers (QCP; Urmond, Netherlands), an initiative of Huub Meessen and Marc Houtermans—entrepreneurs with extensive experience in petrochemicals—will...
April 21, 2014
Alpek (San Pedro Garza García, Mexico) reports $24 million in net income during the first quarter, 61% down year-on-year (YOY) but a significant improvement from the $9-million...
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