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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
March 1, 2013
The European Commission has informed ENI (Rome) and its chemicals affiliate Versalis (Milan), formerly known as Polimeri Europa, that it intends to reimpose a supplementary fine on the...
http://www.chemweek.com/markets/plastics/synthetic_rubber/European-Commission-tries-again-to-fine-ENI-and-Versalis-as-repeat-offenders-in-synthetic-rubber-price-fixing-case_50194.html
March 1, 2013
Solvay has confirmed CW reports that it plans to exit its Latin American polyvinyl chloride (PVC) business Indupa. The company reported Indupa as “assets held for sale” in...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Solvay-to-sell-Latin-American-PVC-business-Indupa_50167.html
March 1, 2013
Schnur: Significant step in expanding CPVC business. Lubrizol and Sekisui Chemical (Tokyo) say they have agreed to establish a joint venture company in Thailand to manufacture...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Lubrizol-Sekisui-form-JV-for-Thai-manufacture-of-chlorinated-PVC_50144.html
February 28, 2013
Dow Chemical says that Oriental Energy has signed a license agreement with Union Carbide Chemicals & Plastics Technology, a wholly owned subsidiary of Dow, for the Unipol...
http://www.chemweek.com/markets/plastics/polypropylene/Chinese-firm-selects-Dows-Unipol-PP-process-technology_50108.html
February 25, 2013
Borealis realized a €100-million ($132 million) net profit during the fourth quarter of 2012, up more than 72% on the same period the previous year, the company announced today...
http://www.chemweek.com/markets/plastics/polyethylene/Borealis-posts-fourth-quarter-profit-up-72-percent_50039.html
February 21, 2013
Lubrizol and Sekisui Chemical (Tokyo) say that they have agreed to establish a joint venture company in Thailand to manufacture chlorinated polyvinyl chloride (CPVC) resin. The jv...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Lubrizol-and-Sekisui-Chemical-to-establish-JV-to-manufacture-chlorinated-PVC-in-Thailand_49984.html
February 21, 2013
Ineos has announced that, following an internal asset review, it will restructure its chlor-vinyls business to address overcapacity in chlorine, vinyl chloride monomer (VCM), and...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Ineos-restructures-chlor-vinyls-business-including-plant-closures_49114.html
February 18, 2013
The Sibur International trading company, a Sibur (Moscow) affiliate, has registered subsidiaries in Istanbul and Kiev, the company announced today. The offices will trade in basic...
http://www.chemweek.com/markets/plastics/polyethylene/Sibur-opens-trading-offices-in-Ukraine-and-Turkey_49925.html
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