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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
February 18, 2013
Solvay has confirmed CW’s exclusive report that it plans to exit its Latin American polyvinyl chloride (PVC) business Indupa. The company reported Indupa as “assets held...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Solvay-to-sell-Latin-American-PVC-business-Indupa_49926.html
February 18, 2013
Sahara Petrochemicals says that its Al Waha Petrochemicals subsidiary experienced a sudden technical interruption in the cooling water system on 14 February, which resulted in the...
http://www.chemweek.com/markets/plastics/polypropylene/Two-Saudi-polypropylene-plants-taken-offline-for-maintenance-and-to-fix-technical-problems_49920.html
February 14, 2013
Solvay achieved a 79% increase in its net income, group share, for the fourth quarter of 2012, to €203 million ($273 million) from €184 million in the fourth quarter a year...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Solvays-fourth-quarter-net-income-soars-79-percent_49823.html
February 14, 2013
Axiall’s chlorovinyls segment posted operating income of $77 million for the quarter, up from $21.5 million in the year-ago period...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Chlorovinyls-drive-strong-fourth-quarter-for-Axiall_49824.html
February 13, 2013
The petrochemical portion of the Complejo Petroquimica Rio de Janeiro (Comperj) project at Itaborai, Brazil, will eventually require an investment of more than $5 billion, says Carlos...
http://www.chemweek.com/markets/plastics/polyethylene/Report-Braskems-investment-in-Comperj-petchem-project-valued-at-more-than-$3-2-billion_49739.html
February 13, 2013
Indo Rama Synthetics India (Gurgaon), a company quoted on the Bombay Stock Exchange and the National Stock Exchange of India, will invest 45 billion Indian rupees ($833 million) over a...
http://www.chemweek.com/markets/plastics/pet/Reports-Indo-Rama-Synthetics-PTA-PET-project-in-Tamil-Nadu-to-cost-Rs45-billion_49783.html
February 13, 2013
Alpek (San Pedro Garza García, Mexico) reported a 52% drop in net consolidated profit during the fourth quarter, to $518 million. Consolidated fourth-quarter revenue...
http://www.chemweek.com/markets/plastics/pet/Alpek-consolidated-profit-falls-52-percent-in-fourth-quarter_49781.html
February 12, 2013
The company reported adjusted net earnings excluding charges for the quarter of 24 cts/share, just ahead of the consensus estimate of 23 cts, and down 14% from the year-ago quarter. Earnings declines in pigments and advanced materials more than offset gains in polyurethanes, performance products, and textile effects....
http://www.chemweek.com/markets/plastics/methylene_dipara_phenylene_isocyanate/Huntsman-posts-loss-on-debt-repayment-restructuring-costs_49766.html
February 11, 2013
La Seda de Barcelona (El Prat de Llobregat, Spain), one of Europe's largest manufacturers of polyethylene terephthalate (PET), has started a process to renegotiate its syndicated and...
http://www.chemweek.com/markets/plastics/pet/La-Seda-in-talks-to-renegotiate-debt_49744.html
February 11, 2013
European January chlorine production reflects a month-on-month improvement in downstream demand owing to seasonal restocking of polyvinyl chloride (PVC). However, chlorine offtake was...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/European-chlorine-production-up-4-6-percent-on-previous-month-reflecting-moderately-higher-PVC-demand_49735.html
February 8, 2013
Force Ouvrière (FO; Paris) and Confédération Générale du Travail (CGT: Montreuil, France) have expressed concerns about the future of Kem One (Lyon...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Report-Trade-unions-concerned-about-the-future-of-Kem-One_49715.html
February 8, 2013
Mexichem's (Mexico City) fourth-quarter preliminary sales figure was 14.42 billion Mexican pesos ($1.14 billion), 38% higher than in the same period the year before, the company says...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Mexichem-reports-fourth-quarter-preliminary-sales-up-38-percent_49709.html
February 7, 2013
Braskem's net profit swung back to positive territory in the fourth quarter of 2012 as the company reported 275 million reais ($138.3 million) in net earnings, compared with a...
http://www.chemweek.com/markets/plastics/polyethylene/Braskem-swings-to-a-net-profit-in-the-fourth-quarter_49647.html
February 7, 2013
European demand for polypropylene (PP) remains weak. The weakness is compounded by propylene feedstock prices, which, between September 2012 and January 2013, shed €70/m.t. ...
http://www.chemweek.com/markets/plastics/polypropylene/European-PP-contract-price-increases-may-be-limited-by-weak-demand-despite-slightly-firmer-propylene_49634.html
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