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April 2, 2013
Toyo Engineering (Narashino, Japan) says it has been jointly awarded with the Engineering for the Petroleum & Process Industries (Enppi; Cairo), a contract to build a...
http://www.chemweek.com/markets/plastics/polyethylene/Toyo-Engineering-awarded-contract-for-polyethylene-plant-in-Egypt_50880.html
March 28, 2013
Huntsman says it is investing a combined $135 million at two of its methylene diphenyl diisocyanate (MDI) manufacturing facilities—specifically, increasing capacity at its...
http://www.chemweek.com/markets/plastics/methylene_dipara_phenylene_isocyanate/Huntsman-invests-$135-million-in-MDI-updates_50686.html
March 28, 2013
Vinyls company Kem One (Lyon, France) has, as expected, been put into receivership by the commercial court of Lyon. The move follows a filing for insolvency with the court by Kem One's...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Kem-One-enters-receivership-Arkema-denies-responsibility_50786.html
March 27, 2013
Metabolix reported fourth quarter 2012 results today, citing increased revenue and a slight gain in net income—though net income was reported as a loss for the quarter. Sales of...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Metabolix-releases-fourth-quarter-results-announces-Chinese-film-distribution-deal_50756.html
March 26, 2013
Troubled vinyls company Kem One (Lyon, France) was scheduled to present to a Lyon court this morning an "application to default on its debts," French media reports say...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Vinyls-company-Kem-One-applies-to-default-on-its-debts_50738.html
March 25, 2013
Kem One (Lyon, France), a manufacturer of polyvinyl chloride, will file for insolvency tomorrow, according to various reports in the French press. The filing follows a works council...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Reports-Kem-One-to-file-for-insolvency_50720.html
March 25, 2013
PolyOne has entered into an agreement to sell its vinyl dispersion, blending, and suspension resin assets to Mexichem (Tlalneplantla, Mexico) for $250 million in cash, PolyOne...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/PolyOne-to-sell-its-vinyls-assets-to-Mexichem-in-$250-million-cash-deal_50715.html
March 22, 2013
Indorama Ventures’ (Bangkok) polymers subsidiary AlphaPet has confirmed the construction of a previously announced polyethylene terephthalate (PET) production unit in the United...
http://www.chemweek.com/markets/plastics/pet/Indorama-subsidiary-confirms-PET-project-at-BP-site-in-the-US_50709.html
March 22, 2013
Global styrene butadiene rubber (SBR) prices are expected to be torn in the first half of this year between soft demand downstream from tire manufacturing, as the automotive sector...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Export-opportunities-will-drive-SBR-markets-during-the-second-half-of-2013_50701.html
March 21, 2013
Asahi Kasei Plastics’ North America (Fowlerville, MI) business announced that it is investing $5 million in a new compounding line and plant improvements to accommodate increased...
http://www.chemweek.com/markets/plastics/polypropylene/Asahi-Kasei-Plastics-invests-$5-million-to-expand-in-North-America_50685.html
March 19, 2013
Increases in polyethylene (PE) prices are expected to take place in Europe during March on the back of higher ethylene prices, but weak downstream converter and consumer demand are...
http://www.chemweek.com/markets/plastics/polyethylene/European-PE-price-hikes-could-be-limited-by-weak-demand_50616.html
March 19, 2013
Dow Chemical says it has licensed its Unipol polypropylene (PP) technology to Oriental Energy (Zhangjiagang, China) to be used in a 400,000-m.t./year PP plant at Zhangjiagang. It will...
http://www.chemweek.com/markets/plastics/polypropylene/Chinese-firm-selects-Dows-Unipol-polypropylene-technology_50306.html
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
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