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May 2, 2013
Odebrecht (Salvador, Brazil) is planning to invest heavily in Latin America across various industries including petrochemicals, according to various media reports. Projects the company...
http://www.chemweek.com/markets/plastics/polyethylene/Odebrecht-bids-for-gas-pipeline-in-Peru-to-supply-Pacific-coast-petchem-complex_51665.html
May 1, 2013
Wolf Group (Tallin) has acquired a 40% stake in Elasteq do Brasil (São Paolo), the group announced.  Elasteq specializes in the manufacture and sale of waterproofing...
http://www.chemweek.com/markets/plastics/toluene_diisocyanate/Estonias-Wolf-Group-acquires-stake-in-Brazil-sealants-producer_51632.html
April 30, 2013
Huntsman on Tuesday reported a net loss of $24 million due mainly to a charge related to early repayment of debt compared with net income of $163 million in the year-ago quarter...
http://www.chemweek.com/markets/plastics/methylene_dipara_phenylene_isocyanate/Huntsman-first-quarter-adjusted-earnings-fall-75-percent_51605.html
April 30, 2013
CW has learned that Ineos is at an advanced stage of discussions with an unnamed party to transfer the Kerling chlor-vinyls business into a joint venture, which would become one of the...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Ineos-to-hive-off-vinyls-into-joint-venture-Rafnes-cracker-to-stay-with-Ineos_51595.html
April 30, 2013
Mexichem (Tlalnepantla, Mexico) reports a net profit of 836 million Mexican pesos ($69 million) during the first quarter of this year, down 54% from the peso1.8 billion reported during...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Mexichems-net-profit-drops-54-percent-during-the-first-quarter_51593.html
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
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