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April 29, 2013
Rosneft (Moscow) and Mitsui & Co. have signed a memorandum of understanding (MOU) to develop jointly Rosneft's previously announced Far East Petrochemical Co. (Fepco) project near...
http://www.chemweek.com/markets/plastics/polyethylene/Rosneft-Mitsui-sign-MOU-to-develop-petchem-project-in-Russian-far-east_51563.html
April 29, 2013
VinylPlus, the European polyvinyl chloride (PVC) industry's sustainable development program, recorded 362,076 m.t. of PVC recycled last year, keeping it on track to meet the challenge...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/VinylPlus-on-track-to-meet-2020-PVC-recycling-targets_51551.html
April 29, 2013
The Bourgogne Développement Industrie Group (BDI; Paris) has acquired Semoflex (Ogeu-les-Bains, France), the companies have announced. The takeover results in BDI, which also...
http://www.chemweek.com/markets/plastics/polyethylene/Frances-BDI-Group-takes-over-Semoflex-becomes-third-largest-PE-converter-in-France_51547.html
April 26, 2013
LyondellBasell Industries has licensed its Lupotech T and Lupotech A process technologies to Jiangsu Sailboat Petrochemical (JSPC; Lianyungang, China) for a low-density polyethylene...
http://www.chemweek.com/markets/plastics/polyethylene/LyondellBasell-licenses-PE-technology-to-China_51482.html
April 26, 2013
M&G Group (Tortona, Italy) has licensed Alpek’s IntegRex technology for its planned 1.2-million m.t./year purified terephthalic acid (PTA) plant at Corpus Christi, TX, the company announced 16 April....
http://www.chemweek.com/markets/plastics/pet/Alpek-licenses-PTA-to-M-and-G-pays-$350M-for-PET-offtake_51462.html
April 26, 2013
Russia’s largest producer of petrochemicals, has outlined its investment plans and announced the completion of a 500,000-m.t./year polypropylene (PP) plant at Tobolsk, Russia. Russian regulators are currently on-site inspecting the facility before approving the start of operations....
http://www.chemweek.com/markets/plastics/polypropylene/Sibur-readies-PP-plant-to-decide-on-olefins-complex_51423.html
April 26, 2013
Chemical production in Argentina was up 2.6% during the first quarter of this year compared with the same quarter in 2012, according to figures released by state statistics office...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Argentinas-chemicals-output-up-2-6-percent-during-the-first-quarter_51529.html
April 25, 2013
Beleaguered polyethylene terephthalate (PET) producer La Seda de Barcelona (El Prat Llobregat, Spain) has one week left to finalize the refinancing of its €235-million ($299...
http://www.chemweek.com/markets/plastics/pet/Time-running-out-for-debt-burdened-PET-producer-La-Seda_51448.html
April 25, 2013
Construction has started at Yacimientos Petrolíferos Fiscales Bolivianos's (YPFB; La Paz) previously announced ammonia and urea project in the department of Cochabamba...
http://www.chemweek.com/markets/plastics/polyethylene/Bolivias-YPFB-breaks-ground-on-urea-project_51441.html
April 24, 2013
Toray says it has successfully made molded components from the partially biobased PBT. Toray Industries announced today that it has successfully produced partially biobased...
http://www.chemweek.com/markets/plastics/pet/Toray-produces-biobased-PBT-plans-commercial-scale-production-unit_51428.html
April 24, 2013
Brazil has proposed a set of tax cuts to boost its petrochemical sector and ethanol sector, according to a statement from the Finance Ministry (Brasilia) issued on Wednesday...
http://www.chemweek.com/markets/plastics/pet/Brazil-proposes-measures-to-stimulate-the-petrochemical-and-ethanol-industries_51399.html
April 23, 2013
Europe's butadiene producers are expected to benefit from growing demand and limited yields despite recent uncertainty over the short-term direction of butadiene prices, IHS Chemical...
http://www.chemweek.com/markets/plastics/synthetic_rubber/European-butadiene-producers-poised-to-benefit-from-limited-supply-and-new-capacity_51362.html
April 23, 2013
Polymer manufacturer Nizhnekamskneftekhim (Nizhnekamsk, Russia) formally commissioned a 60,000-m.t./year acrylonitrile butadiene styrene (ABS) unit, during a visit by Rustam...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Nizhnekamskneftekhim-commissions-60000-m-t-year-ABS-unit_51364.html
April 22, 2013
M&G Group (Tortona, Italy) has licensed Alpek’s IntegRex technology for its planned 1.2-million m.t./year purified terephthalic acid (PTA) plant in Corpus Christi, TX, the...
http://www.chemweek.com/markets/plastics/pet/Alpek-licenses-PTA-to-M-and-G-project-buys-PET-offtake-rights-for-$350-million_51221.html
April 22, 2013
Alpek (San Pedro Garza García, Mexico) achieved $77 million in net consolidated income during the first quarter of 2013, down 20% on the $96-million income reported during the...
http://www.chemweek.com/markets/plastics/pet/Alpeks-first-quarter-net-income-down-20-percent_51333.html
April 19, 2013
Versalis (Milan), the chemicals business of ENI (Rome), has outlined a major transformation program that aims to shift the company's portfolio from one dominated by commodities toward...
http://www.chemweek.com/markets/plastics/polyethylene/Versalis-announces-transformation-plan-mulls-import-of-US-gas_51306.html
April 18, 2013
Wison Engineering (Shanghai) has developed proprietary butene oxidization and dehydrogenation technology to produce butadiene, the company announced. The novel technology, featuring a...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Chinese-engineering-firm-develops-proprietary-butene-dehydrogenation-technology_51280.html
April 18, 2013
Sabic Europe (Sittard, Netherlands) has announced a major restructuring of its operations, resulting in 1,050 job cuts. Sabic employees represent two-thirds of the cuts announced...
http://www.chemweek.com/markets/plastics/polyethylene/Sabic-restructures-European-operations-cuts-more-than-1000-jobs_51273.html
April 17, 2013
State-owned energy company Pertamina (Jakarta) has confirmed the selection of PTT Global Chemical (PTTGC; Bangkok) as its partner in a previously announced petrochemical complex on the island of Java, Indonesia....
http://www.chemweek.com/markets/plastics/polyethylene/Pertamina-confirms-PTT-as-partner-in-$5-billion-complex_51082.html
April 17, 2013
Inter Pipeline Fund (IPF; Calgary, AB) has entered into a binding agreement with Nova Chemicals covering the long-term sale of ethane produced at IPF's Cochrane, AB, extraction plant...
http://www.chemweek.com/markets/plastics/polyethylene/IPF-to-continue-supplying-ethane-to-Novas-Joffre-site-until-the-end-of-2024_51226.html
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