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November 19, 2012
Nova Chemicals says that it and PFB Corp., (PFB; Calgary, AB) mutually agreed to terminate their letter of intent for PFB to acquire Nova Chemicals’ performance styrenics...
http://www.chemweek.com/markets/plastics/polystyrene/Nova-terminates-letter-of-intent-to-sell-performance-styrenics-to-PFB_47814.html
November 16, 2012
In more mature markets such as Western Europe, industry will see industry consolidation, operations optimization and movement toward production of higher-value performance products...
http://www.chemweek.com/markets/plastics/polyethylene/Shale-provides-North-American-PE-players-with-growing-advantage_47812.html
November 16, 2012
Indorama Ventures (Bangkok) has confirmed plans to build a new polyethylene terephthalate (PET) plant in the United States. The company had first announced plans for the project...
http://www.chemweek.com/markets/plastics/pet/Indorama-confirms-PET-project-in-US-to-debottleneck-plant-in-Poland_47784.html
November 14, 2012
LyondellBasell Industries says it will restore a low-density polyethylene (LDPE) line at Wesseling, Germany to production. The LDPE line has been out of service since January 2012, and...
http://www.chemweek.com/markets/plastics/polyethylene/LyondellBasell-to-restart-LDPE-production-line-in-Germany_47686.html
November 13, 2012
The Chinese government says that the previously announced investigation by The Ministry of Commerce, PRC (Mofcom; Beijing) found that the European Union has been dumping...
http://www.chemweek.com/markets/plastics/toluene_diisocyanate/Chinas-investigation-confirms-dumping-of-TDI-by-EU_47663.html
November 12, 2012
Borealis announced today that it has reached an agreement to acquire DEXPlastomers (Heerlen, Netherlands), an equally owned joint venture between DSM and ExxonMobil Chemical...
http://www.chemweek.com/markets/plastics/polyethylene/Borealis-to-acquire-DEXPlastomers-from-DSM-and-ExxonMobil-Chemical_47626.html
November 12, 2012
Egypt’s president Mohamed Morsi has opened a complex producing styrene and polystyrene at the Dekheila Port at Alexandria, Egypt. The plant was built by the Egyptian Styrenics...
http://www.chemweek.com/markets/plastics/polystyrene/Egyptian-president-opens-EStyrenics-complex-at-Alexandria_47629.html
November 8, 2012
Dow Chemical says that Qinghai Damei Coal Industry Co. has signed a license agreement for Unipol polypropylene (PP) process technology with Union Carbide Chemicals & Plastics...
http://www.chemweek.com/markets/plastics/polypropylene/Chinese-firm-selects-Dows-Unipol-PP-process-technology_47579.html
November 8, 2012
Westlake Chemical Corp.on Thursday reported net income for the third-quarter of $87.0 million, a 28% year-over-year (YOY) increase, despite lower sales, which fell 15% to $821.2 million....
http://www.chemweek.com/markets/plastics/polyethylene/Westlake-3Q-earnings-up-28-percent-on-lower-costs-and-higher-volumes_47568.html
November 7, 2012
Styron and its European affiliates have announced price increases for all grades of polystyrene, effective immediately or as contract terms allow....
http://www.chemweek.com/markets/plastics/polystyrene/Styron-ups-PS-price-in-Europe_47507.html
November 6, 2012
Qatar Petrochemical Co. (Qapco; Doha) is planning to commission its 2.3-billion Qatari rial ($631.6 million) low-density polyethylene (LDPE) plant at Mesaieed, Qatar, on 20...
http://www.chemweek.com/markets/plastics/polyethylene/Qapco-to-commission-LDPE-plant-this-month_47479.html
October 31, 2012
Sinopec has reached an agreement to purchase a 25% stake plus 1 share of Sibur's Krasnoyarsk Synthetic Rubbers Plant (KSRP) located in the Krasnoyarsk region, Russia. The agreement...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Sinopec-to-acquire-stake-in-Siburs-synthetic-rubbers-plant-in-Russia_47369.html
October 30, 2012
Sibur has inaugurated an expandable polystyrene (EPS) production line at Perm, Russia. The 50,000 m.t./year EPS line doubled Perm’s capacity to 100,000 m.t./year. The...
http://www.chemweek.com/markets/plastics/polystyrene/Sibur-inaugurates-second-EPS-plant-at-Perm_47356.html
October 29, 2012
Petronas Chemicals Group (PCG; Kuala Lumpur) says it plans to exit the vinyls business, closing production plants in Malaysia and divesting a plant in Vietnam. The move reflects PCG's...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Petronas-to-exit-the-vinyls-business-through-plant-closures-divestment_47334.html
October 28, 2012
Jindal Poly Films (JPFL; New Delhi), a flexible packaging firm belonging to the BC Jindal Group, on Friday notified the Bombay Stock Exchange that it has entered into an agreement with...
http://www.chemweek.com/markets/plastics/polypropylene/ExxonMobil-Chemical-to-sell-BOPP-business-to-Jindal-Poly-Films-more-than-doubling-Jindals-capacity_47311.html
October 26, 2012
Nizhnekamskneftekhim (Nizhnekamsk, Russia) and Ineos Technologies have signed a licensing contract for two polyethylene (PE) plants to be built at Nizhnekamsk.   Vladimir Busygin...
http://www.chemweek.com/markets/plastics/polyethylene/Russian-firm-to-build-two-Ineos-process-PE-plants_47282.html
October 24, 2012
Dow Chemical says it plans to build a new world-scale plant for the production of metallocene-based ethylene propylene diene monomer (EPDM) at one of its US Gulf Coast sites. The plant...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Dow-to-build-US-Gulf-Coast-EPDM-plant_47212.html
October 18, 2012
Uhde Inventa-Fischer says it has been awarded a contract by JBF Industries (Mumbai) to build at BP's Geel, Belgium, manufacturing complex, the biggest polyethylene terephthalate (PET)...
http://www.chemweek.com/markets/plastics/pet/Uhde-Inventa-Fischer-awarded-contract-for-JBFs-PET-project-in-Belgium-the-biggest-in-Europe_47053.html
October 15, 2012
Sibur (Moscow) has announced a project to debottleneck and upgrade polyolefins capacity at the company's Tomsk, Russia, site. Polypropylene (PP) capacity will increase by 10,000...
http://www.chemweek.com/markets/plastics/polyethylene/Sibur-to-debottleneck-polyolefins-capacity-at-Tomsk_46982.html
October 9, 2012
Nexeo Solutions (The Woodlands, TX) has extended its distribution agreement with Borealis to distribute Borealis’ products for healthcare applications. Nexeo Solutions already...
http://www.chemweek.com/markets/plastics/polyethylene/Borealis-extends-healthcare-distribution-agreement-with-Nexeo-Solutions_46826.html
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