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September 8, 2010
Uhde Inventa-Fischer has been awarded a contract by Octal Petrochemicals (Muscat) to build a previously announced 550,000-m.t./year polyethylene terephthalate (PET) resin plant at...
http://www.chemweek.com/markets/plastics/pet/Uhde-Inventa-Fischer-Awarded-Contract-for-PET-Plant-in-Oman_29327.html
September 8, 2010
Sibur says it has acquired a 50% stake in polypropylene (PP) manufacturer NPP Neftekhimya from Moscow Oil Refinery (MOR). NPP Neftekhimya will be operated as a 50-50 joint venture...
http://www.chemweek.com/markets/plastics/polypropylene/Sibur-Buys-Stake-in-Moscow-PP-Producer_29306.html
September 7, 2010
Borealis (Vienna) says it has appointed Gerd Löbbert as executive v.p./polyolefins, effective October 1, 2010. The move follows an announcement by Lorenzo Delorenzi, current...
http://www.chemweek.com/markets/plastics/polyethylene/Borealis-Shuffles-Management-Board-as-Delorenzi-Departs_29279.html
September 3, 2010
Sibur (Moscow) has agreed to acquire plastics company Novatek-Polymer from Novatek (Tarko-Sale, Russia). Novatek will transfer 32% of Novatek-Polymer to Sibur on conclusion of the...
http://www.chemweek.com/markets/plastics/polyethylene/Sibur-Acquires-Polyolefin-Processor_29259.html
September 2, 2010
The government-appointed commissars at Vinyls Italia (Porto Marghera, Italy), the troubled producer of polyvinyl chloride (PVC) and vinyl chloride monomer (VCM), currently in special...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Vinyls-Italia-Issues-New-Invitation-for-Acquisition-Bids_29182.html
September 2, 2010
La Seda de Barcelona (El Prat de Llobregat, Spain) reported a 123% increase in consolidated Ebitda to €30.3 million ($38.8 million) in the first six months of this year...
http://www.chemweek.com/markets/plastics/pet/La-Seda-More-than-Doubles-Ebitda-as-PET-Capacity-Utilization-Nears-100-percent_29158.html
September 1, 2010
BP says it has agreed to sell its interests in ethylene and polyethylene (PE) assets in Malaysia to its partner Petronas. Under the terms of the deal, BP will sell its 15% stake in...
http://www.chemweek.com/markets/plastics/polyethylene/BP-Sells-Malaysian-Petrochemical-Business-to-Petronas_29129.html
August 26, 2010
LyondellBasell says it has started up a 320,000-m.t./year high-density polyethylene (HDPE) plant at Münchsmünster, Germany. The plant is based on LyondellBasell’s...
http://www.chemweek.com/markets/plastics/polyethylene/LyondellBasell-Starts-up-HDPE-Plant_29045.html
August 25, 2010
LyondellBasell, which is in the process of listing on the New York Stock Exchange, says it will no longer do business in Iran. The company has in the past been heavily involved in...
http://www.chemweek.com/markets/plastics/polyethylene/LyondellBasell-to-Discontinue-Doing-Business-in-Iran_29009.html
August 23, 2010
Rabigh Refining and Petrochemical Co. (Petro Rabigh; Rabigh, Saudi Arabia), a joint venture between Saudi Aramco and Sumitomo Chemical, has begun maintenance work on its oxygen and...
http://www.chemweek.com/markets/plastics/polyethylene/Petro-Rabigh-Halts-Production-at-Rabigh-Complex-Due-to-Maintenance_28962.html
August 17, 2010
South Africa's Competition Commission has ruled that Sasol has abused its dominant market position to overcharge local buyers of propylene and polypropylene (PP) and has referred...
http://www.chemweek.com/markets/plastics/polypropylene/Sasol-Rejects-South-African-Allegations-of-Overpricing_28752.html
August 12, 2010
The Arvand petrochemical complex at Bandar Imam, Iran is nearing completion and is expected to be officially inaugurated shortly. Arvand, majority owned by the National Petrochemical...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Arvand-PVC-Complex-Nearing-Completion_28746.html
August 11, 2010
Alujain Corporation (Jeddah, Saudi Arabia) has announced to the Saudi Stock Exchange, Tadawul, that its majority owned subsidiary National Petrochemical Industrial Co. (NatPet) has...
http://www.chemweek.com/markets/plastics/polypropylene/NatPet-Settles-Insurance-Claims-for-Delays-to-PP-Plant-Start-up_28725.html
August 9, 2010
Dioki d.d. (Zagreb, Croatia) has told the Italian Ministry of Economic Development that it is interested in investing in the Italian chemicals industry, according to a note issued by...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Croatian-Company-May-Be-Interested-in-Vinyls-Italia_28676.html
August 6, 2010
Lanxess beat market expectations for the second quarter as a result of a strong performance in emerging markets, reporting Ebitda pre-exceptionals of €269 million ($354 million)...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Lanxess-Posts-Huge-Hike-in-Profits-Raises-Earnings-Forecast-Scales-Back-Cost-Cutting-Plans_28645.html
August 4, 2010
Ineos Group Holdings (Lausanne) reported historical cost Ebitda (HC Ebitda) for the second quarter of 2010 of €478 million ($616.5 million), compared to €352 million in the...
http://www.chemweek.com/markets/plastics/polyethylene/Ineos-Reports-Higher-Second-Quarter-Ebitda-on-Strong-Demand_28331.html
August 2, 2010
Ineos has agreed  to sell its global polyvinyl chloride (PVC) film business to Bilcare AG (Frankfurt), a subsidiary of Bilcare Ltd. (Pune, India), for €100 million ($130.3...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Ineos-Sells-PVC-Film-Business-to-Indian-Company_28466.html
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