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March 19, 2013
A legal dispute has erupted between Klesch Group (Geneva), a special situations investor; and Arkema over Kem One (Lyon, France), the former polyvinyl chloride (PVC) business of...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Klesch-and-Arkema-at-odds-over-PVC-producer-Kem-One_50302.html
March 19, 2013
Sasol North America has selected Univation’s Unipol polyethylene (PE) technology for a 450,000-m.t./year plant to be built as part of a previously announced $5–7 billion...
http://www.chemweek.com/markets/plastics/polyethylene/Sasol-picks-PE-route-for-Lake-Charles-eyes-other-products_50299.html
March 19, 2013
LyondellBasell Industries announced plans last week to add 800 million lbs/year of ethylene capacity at its Corpus Christi, TX, site by late 2015 as part of a capital spending ramp-up...
http://www.chemweek.com/markets/plastics/polyethylene/LyondellBasell-boosts-US-ethylene-PE-expansion-plans_50545.html
March 19, 2013
Lubrizol says it will invest more than $400 million over the next 4 years to expand chlorinated polyvinyl chloride (CPVC) resin and compounding manufacturing capacity globally. Each...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Lubrizol-to-invest-$400-million-to-expand-chlorinated-PVC_50544.html
March 19, 2013
BASF says it has completed its acquisition of parts of Ciech’s (Warsaw) toluene diisocyanate (TDI) business. The TDI production facility of Ciech’s subsidiary Zachem...
http://www.chemweek.com/markets/plastics/toluene_diisocyanate/BASF-Ciech-acquisition_50531.html
March 19, 2013
The Sri Lankan government has authorized Peak Energy (Singapore) to build a polyethylene terephthalate (PET) manufacturing plant in the port city of Hambantota, Sri Lanka, under the...
http://www.chemweek.com/markets/plastics/pet/Sri-Lanka-gives-green-light-to-Singapore-firm-for-PET-project_50465.html
March 19, 2013
Bayer MaterialScience (BMS) is seeing tightening in the polyurethane (PU) and polycarbonate (PC) markets, a situation that should ease with the company’s investment plans. Patrick Thomas, CEO of BMS, on the sidelines of Bayer’s results briefing in Leverkusen late last month said that last year’s toluene diisocyanate (TDI) growth rates were more than 6%....
http://www.chemweek.com/markets/plastics/toluene_diisocyanate/Bayer-expands-PC-and-PU-production-as-markets-tighten_50458.html
March 19, 2013
Toyobo (Osaka) says it is investing $8.8 million in SKC (Jiangsu) High Tech Plastics Co. (Nantong, China), a joint venture set up in August 2011 to produce polyester film. The...
http://www.chemweek.com/markets/plastics/pet/Toyobo-takes-stake-in-Chinese-polyester-film-production-joint-venture_50614.html
March 18, 2013
Dow Chemical announced plans to build four downstream polymer and elastomer units that would be fed from its planned Freeport, TX, cracker....
http://www.chemweek.com/markets/plastics/polyethylene/Dow-plans-four-US-plastics-plants_50594.html
March 18, 2013
Hambana Petrochemicals ltd. (HPL; Colombo), a company owned by Peak Energy (Singapore), says its previously announced polyethylene terephthalate (PET) plant will be build in the Magam...
http://www.chemweek.com/markets/plastics/pet/Sri-Lankan-PET-project-will-back-integrate-to-PTA-manufacture_50579.html
March 14, 2013
Lubrizol says it will invest more than $400 million over the next four years to expand its chlorinated polyvinyl chloride (CPVC) resin and compounding manufacturing capacity globally...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Lubrizol-to-invest-$400-million-to-expand-chlorinated-PVC-capacity-globally_50498.html
March 13, 2013
Ube Industries (Tokyo), Mitsubishi Corp. (Tokyo), Lotte Chemical (Seoul), and its wholly owned Lotte Chemical Titan (Kuala Lumpur) subsidiary have established a joint venture at Pasir...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Ube-Lotte-Chemical-and-Mitsubishi-Corp-form-synthetic-rubber-JV-in-Malaysia_50466.html
March 7, 2013
Polystyrene (PS) prices fell in Europe between January and February, sliding on the back of lower-than-expected demand. But sellers are expecting an increase in the styrene monomer...
http://www.chemweek.com/markets/plastics/polystyrene/European-PS-producers-bullish-on-prices-despite-weak-end-user-demand_50275.html
March 6, 2013
A legal dispute has erupted between Klesch Group (Geneva), a special situations investor; and Arkema over Kem One (Lyon, France), the former vinyls business of Arkema, which Klesch...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Klesch-and-Arkema-lock-horns-over-vinyls-producer-Kem-One_50221.html
March 5, 2013
Sasol North America has selected Univation’s Unipol polyethylene (PE) technology for a 450,000-m.t./year plant to be built as part of a previously announced $5–7 billion...
http://www.chemweek.com/markets/plastics/polyethylene/Sasol-progresses-with-Lake-Charles-cracker-project-selects-Unipol-PE-process_50248.html
March 5, 2013
Lanxess says that, following a previously announced feasibility study, it has decided to convert production of emulsion styrene butadiene rubber (E-SBR) used in standard tires to...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Lanxess-to-invest-&euro80-million-to-switch-to-S-SBR-production-in-Brazil_50243.html
March 4, 2013
The Sri Lankan government has authorized Peak Energy (Singapore) to build a polyethylene terephthalate (PET) manufacturing plant in the port city of Hambantota, Sri Lanka, under the...
http://www.chemweek.com/markets/plastics/pet/Sri-Lanka-gives-green-light-to-Singapore-firm-for-PET-project_50225.html
March 1, 2013
Net income for the fourth quarter 2012 totaled $95.3 million, or $1.42 per diluted share, compared to net income of $26.4 million, or $0.40 per diluted share, in the year-ago period....
http://www.chemweek.com/markets/plastics/polyethylene/Westlake-earnings-soar-on-shale-advantage_49940.html
March 1, 2013
Fourth-quarter 2012 profit totaled $57 million on revenue of $1.104 billion, versus profit of $77 million on revenue of $1.102 billion in the year-ago period....
http://www.chemweek.com/markets/plastics/polyethylene/Nova-earnings-down-on-falling-ethylene-prices_50200.html
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