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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
February 5, 2013
The strike at Sabic Europe's plant at Geleen, Netherlands, has ended, according to a Sabic announcement to the Saudi stock exchange today. “Due to the limited magnitude of the...
http://www.chemweek.com/markets/plastics/polypropylene/Staff-returns-to-work-at-Sabics-Geleen-plant_49580.html
February 4, 2013
Workers maintaining safety and security at the former Vinyls Italia site in Porto Marghera, Italy, have walked off the job in protest of nonpayment of nine months of unpaid...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Employees-at-former-Vinyls-Italia-Porto-Marghera-site-leave-their-posts_49533.html
February 4, 2013
In the Americas, 2012 Ebitda for olefins and polyolefins totaled $2.96 billion, up $823 million from 2011....
http://www.chemweek.com/markets/plastics/polyethylene/LyondellBasell-posts-gains-on-strong-olefin-polyolefin-results_49512.html
February 1, 2013
Tessenderlo Group (Brussels) has completed the sale of Profialis, its continental European polyvinyl chloride (PVC) profiles activities, to private equity firm OpenGate Capital (Los...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Tessenderlo-closes-Profialis-divestment_49502.html
January 31, 2013
Strike action at Sabic's plant at Geleen, in the region of Limburg, Netherlands, commenced today, and operations at the site's production plants are being wound down, Sabic says...
http://www.chemweek.com/markets/plastics/polyethylene/Strike-at-Sabics-Geleen-site-causes-progressive-halt-of-operations_49470.html
January 30, 2013
Employees at Sabic Europe's Geleen, Netherlands, complex have launched strike actions after talks between management and the FNV trade union on 28 January failed to reach an agreement...
http://www.chemweek.com/markets/plastics/polyethylene/Labor-dispute-threatens-operations-at-Sabics-Geleen-site-reports-say_49436.html
January 29, 2013
Polyethylene terephthalate (PET) prices in Europe, despite lackluster demand, are being supported by bullish sentiment in Asian feedstock markets as well as high naphtha prices, IHS...
http://www.chemweek.com/markets/plastics/pet/European-PET-prices-supported-by-strong-Asian-feedstocks_49414.html
January 28, 2013
Versalis (Milan), a global leading producer of elastomers; and Yulex (Phoenix, AZ), an agricultural biomaterials company, announced today that they are forming a partnership to...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Versalis-and-Yulex-plan-guayule-based-biorubber-production-in-southern-Europe_49365.html
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