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May 24, 2012
The Ministry of Strategy and Finance (Mosf; Gwacheon City, South Korea) says it will extend antidumping duties on polyethelene terepthalate (PET) films imported from China and India...
http://www.chemweek.com/markets/plastics/pet/Korea-to-Extend-Antidumping-Duties-on-PET-Films-from-China-and-India_43718.html
May 23, 2012
Lanxess and TSRC Corp. (Taipei) have started up the previously announced joint venture nitrile butadiene rubber (NBR) plant at Nantong, China. The companies jointly invested $50...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Lanxess-and-TSRC-Open-Nitrile-Rubber-JV-Plant-in-China_43677.html
May 21, 2012

Commodity prices have had one of the steepest weekly slips since the recession, according to the IHS Global Insight Industrial Materials Price Index (GIIMPI). The 3% decline comes as market sentiment sours over the impact of elections and austerity programs in Europe.

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http://www.chemweek.com/markets/plastics/polyethylene/Materials-Prices-Fall-Sharply_43630.html
May 21, 2012
Braskem (São Paulo) and Grupo Idesa (Mexico City) say they have received final approval for $300 million in financing from the International Finance Corporation (Washington)...
http://www.chemweek.com/markets/plastics/polyethylene/Ethylene-XXI-Receives-Financing-Environmental-Approvals_43631.html
May 21, 2012
Iran’s president Mahmoud Ahmedinejad today attended the official inauguration of the Arvand polyvinyl chloride (PVC) manufacturing complex at Bandar Imam, Iran. The complex...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Iran-Inaugurates-Arvand-PVC-Plant-at-Bandar-Imam_43625.html
May 18, 2012
Woelfel: Positioning the company for growth. Nova Chemicals has set out to capitalize on abundant and cost-advantaged ethane by expanding ethylene and polyethylene (PE) operations in...
http://www.chemweek.com/markets/plastics/polyethylene/Nova-Chemicals-Boosting-Feedstocks-Reaping-Benefits_43534.html
May 11, 2012
This Week on CW:   Westlake has dropped its $1.3-billion unsolicited bid for Georgia Gulf after the rival vinyls maker refused to enter into negotiations.   Ineos is...
http://www.chemweek.com/markets/plastics/polyethylene/Chemical-Industry-Weekly-News-Round-Up-May-11_43431.html
May 11, 2012
PolyOne has signed a cooperation and supply agreement with Xenia to successfully transition from metal or thermoset resins to thermoplastic composites in high-end applications. This...
http://www.chemweek.com/markets/plastics/polyethylene/PolyOne-and-Xenia-Sign-Metal-and-Thermoset-Replacement-Agreement_43331.html
May 11, 2012
LyondellBasell is increasing its dividend by 60%, effective June 11, to shareholders on record as of May 21. The 40 cts/share payments are subject to approval by the management board...
http://www.chemweek.com/markets/plastics/polyethylene/LyondellBasell-Increases-Dividend_43317.html
May 10, 2012
Nova Chemicals says it will sell its performance styrenics business to insulated building materials maker PFB Corp (Calgary, AB). Financial details were not disclosed. The deal also...
http://www.chemweek.com/markets/plastics/polystyrene/Nova-Chemicals-Sells-Styrenics-Business_43341.html
May 9, 2012
Ineos Olefins & Polymers Europe, a subsidiary of Ineos, says it has decided to consider the possible divestment of its high-density polyethylene (HDPE) plants at Rosignano, Italy...
http://www.chemweek.com/markets/plastics/polyethylene/Ineos-Considers-Divestment-of-HDPE-Plants-in-Italy-and-France_43312.html
May 8, 2012
Westlake Chemical says it has abandoned its $1.3-billion unsolicited bid to acquire Georgia Gulf, and will liquidate its holdings of Georgia Gulf common stock as market conditions...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Westlake-Drops-Bid-for-Georgia-Gulf-UPDATED_43240.html
May 4, 2012
Advanced Petrochemical Co. (Advanced; Jubail, Saudi Arabia) and the Turkish trader Bayegan (Istanbul) signed a memorandum of understanding (MOU) on Thursday to build a $1-billion...
http://www.chemweek.com/markets/plastics/polypropylene/Advanced-Petrochemical-and-Bayegan-to-Form-PP-Production-JV-in-Turkey_43222.html
May 3, 2012
Georgia Gulf’s first-quarter net income nearly tripled from the year-ago quarter, to $35.3 million, on sales up 9%, to $859.9 million. First-quarter 2012 earnings includes a...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Profits-Rise-at-Georgia-Gulf_43199.html
May 1, 2012
Advanced Petrochemical Co. (Advanced; Jubail, Saudi Arabia) says it will shortly sign a memorandum of understanding with an undisclosed Turkish firm to form a polypropylene (PP)...
http://www.chemweek.com/markets/plastics/polypropylene/Advanced-Petrochemical-to-Establish-PP-Production-Joint-Venture-in-Turkey_43146.html
April 30, 2012
Sibur (Moscow) and Sinopec signed a cooperation agreement on April 28, which will form the basis for the creation of the previously announced joint venture for the production of...
http://www.chemweek.com/markets/plastics/synthetic_rubber/Sibur-and-Sinopec-Move-Ahead-with-Nitrile-Rubber-JV-in-Russia_43101.html
April 19, 2012
Indorama Ventures (Bangkok) says it has partly resumed production at the polyethylene terephthalate (PET) resin plant operated by Indorama Polymers and AsiaPet at Lopburi, Thailand...
http://www.chemweek.com/markets/plastics/pet/Indorama-Resumes-Production-at-PET-Plant-in-Thailand_42793.html
April 18, 2012
Advanced Petrochemical Company (Advanced; Jubail, Saudi Arabia) has reported a major drop in profit in the first quarter of this year compared with the same period of last year and...
http://www.chemweek.com/markets/plastics/polypropylene/Advanced-Reports-Lower-Profits-Citing-Low-Prices-and-High-Feedstock-Costs_42750.html
April 11, 2012
Sibur (Moscow) says it has acquired the remaining 50% of the chartered capital of Biaxplen LLC (Moscow), one of Russia's largest manufacturers of biaxially oriented polypropylene film...
http://www.chemweek.com/markets/plastics/polypropylene/Sibur-Acquires-the-Remaining-50-percent-of-Russian-PP-Film-Producer_42624.html
April 3, 2012
Artlant PTA (Sines, Portugal) has started up a 700,000 m.t./year purified terephthalic acid (PTA) plant at Sines, Portugal. Product from the plant will be used mostly to make...
http://www.chemweek.com/markets/plastics/pet/Artlant-Starts-up-PTA-Plant-at-Sines_42394.html
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