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May 27, 2014
Borealis has launched a portfolio of polypropylene (PP) compound grades composed of post-consumer recycled (PCR) and virgin content for interior, exterior and under-the-bonnet (UTB)...
http://www.chemweek.com/markets/plastics/polypropylene/Borealis-launches-PP-portfolio-that-uses-post-consumer-recycled-and-virgin-resin_61324.html
May 27, 2014
PetroChina has begun commercial operations of a 300,000-m.t./year linear low-density polyethylene (LLDPE) plant at the company's integrated petrochemical and refinery complex in...
http://www.chemweek.com/markets/plastics/polyethylene/PetroChina-Sichuan-LLDPE-plant-begins-commercial-operations_61325.html
May 27, 2014
Sabic Industrial Investment Co., a wholly owned Sabic subsidiary; and South Korean petrochemical company SK Global Chemical today signed a 50-50 joint venture agreement to invest $595...
http://www.chemweek.com/markets/plastics/polyethylene/Sabic-and-SK-Global-Chemical-form-PE-manufacturing-JV_61319.html
May 26, 2014
Biaxplen, a subsidiary of Sibur Holding (Moscow), has commissioned a new biaxially-oriented polypropylene (BOPP) film production line at Novokuybyshevsk, Samara region, Russia. The...
http://www.chemweek.com/markets/plastics/polypropylene/Sibur-brings-onstream-BOPP-film-plant-at-Novokuybyshevsk_61317.html
May 23, 2014
Gazprom Neft, Sibur, and the Titan Group have signed an agreement to establish a joint venture based on the existing Omsk, Russia, polypropylene (PP) plant owned by Poliom. As part of...
http://www.chemweek.com/markets/plastics/polypropylene/Sibur-Gazprom-Neft-and-Titan-Group-form-PP-joint-venture-in-Russia_61298.html
May 23, 2014
Bolivian president Evo Morales has announced plans for a $1.8-billion petrochemical plant in the department of Tarija in southern Bolivia. The area has the largest proven natural gas...
http://www.chemweek.com/markets/plastics/polyethylene/Bolivia-announces-$1-8-billion-petchems-project-update_61162.html
May 22, 2014
PTT Global Chemical (PTTGC; Bangkok), Thailand’s largest chemicals player, is studying plans for a possible cracker and derivatives project in the United States and is advancing...
http://www.chemweek.com/markets/plastics/polyethylene/Exclusive-PTTGC-mulls-cracker-in-US-advances-in-Indonesia-pulls-out-of-Malaysian-JV_61058.html
May 22, 2014
Borealis and Borouge, a joint venture with Abu Dhabi National Oil Co., have been working with the Renault-Nissan Alliance to develop a range of polypropylene (PP) materials that meet...
http://www.chemweek.com/markets/plastics/polypropylene/Borealis-develops-PP-range-for-Renault-Nissan_61223.html
May 19, 2014
Borouge, a 60-40 joint venture between Abu Dhabi National Oil Co. and Borealis (Vienna), has begun starting up the Borouge 3 gas cracker complex. Abdulaziz Alhajri, CEO of Borouge...
http://www.chemweek.com/markets/plastics/polyethylene/Borouge-3-cracker-in-start-up-phase-full-production-by-year-end_61121.html
May 14, 2014
Styron (Berwyn, PA) reports first-quarter income of $17.1 million, compared with a loss of $9.7 million in the year-ago period. Sales totaled $1.36 billion, down 2.3% year-over-year (YOY) on lower selling prices, partly offset by higher volumes and favorable currency impact....
http://www.chemweek.com/markets/plastics/polystyrene/Styron-swings-to-$17-million-profit_61060.html
May 13, 2014
Sabic announced today that it will launch its first portfolio of renewable polyolefins, certified under the ISCC Plus certification scheme, which involves strict traceability. The...
http://www.chemweek.com/markets/plastics/polyethylene/Sabic-to-launch-renewable-PE-and-PP-production-in-Europe_61051.html
May 12, 2014
Toyo Engineering today gave more details on a petrochemical contract it is carrying out for a previously announced project for state group Turkmengas (Ashgabat) in Turkmenistan...
http://www.chemweek.com/markets/plastics/polyethylene/Toyo-Engineering-outlines-petchem-contract-in-Turkmenistan_60983.html
May 9, 2014
DAK Americas Argentina (Zarate) has acquired CabelmaPET, a recycler of polyethylene terephthalate (PET) bottles into food-grade recycled raw materials. The deal is subject to post-closing review by Argentina’s antitrust authorities....
http://www.chemweek.com/markets/plastics/pet/DAK-Americas-Argentina-acquires-PET-recycler_60925.html
May 8, 2014
Ineos Technologies announced today that it has licensed its process technology for two polyolefin plants to be built in China. The company will provide the technology to Xinjiang...
http://www.chemweek.com/markets/plastics/polyethylene/Ineos-licenses-polyethylene-and-polypropylene-technology-to-China_60945.html
May 8, 2014
The first phase of Iran's Ilam petrochemical complex was inaugurated yesterday by Iranian President Hassan Rohani, according to a report from state news agency Irna. The complex, built...
http://www.chemweek.com/markets/plastics/polyethylene/Report-Iran-inaugurates-first-phase-of-Ilam-petchem-complex_60897.html
May 8, 2014
The European Commission says it has approved the proposed merger of the European chlorvinyls businesses of Ineos and Solvay, subject to the divestment by Ineos of suspension polyvinyl...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/EU-approves-Ineos-Solvay-chlorvinyls-merger-subject-to-PVC-EDC-chlor-alkali-divestments_60896.html
May 7, 2014
Empresa Nacional del Petróleo (ENAP; Santiago) will close its steam cracker at Hualpén, Chile, and a Dow Chemical subsidiary in the country will shutter its low-density...
http://www.chemweek.com/markets/plastics/polyethylene/Reports-Dow-and-ENAP-to-close-units-in-Chile_60859.html
May 7, 2014
Borealis has awarded Jacobs Engineering with an engineering, procurement, and construction management (EPCM) services contract for a previously announced project to...
http://www.chemweek.com/markets/plastics/polyethylene/Jacobs-awarded-EPCM-contract-for-Borealis-XLPE-expansion-at-Stenungsund_60850.html
May 6, 2014
Axiall (Atlanta) reports a net loss for first-quarter 2014 of $11.6 million versus a loss of $3.5 million in the year-ago period. A 17-cts/share loss matched the analysts’ consensus estimate compiled by Thomson Reuters. Sales fell 10% year-on-year, to $994 million....
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/VCM-outage-weather-cut-into-Axiall-earnings_60823.html
May 6, 2014
Westlake Chemical (Houston) reports net income for the first quarter of $158 million, up 28% year-on-year on improved olefin margins and volumes. Earnings totaled $1.18/share, 4% above the analysts’ consensus estimate as compiled by Thomson Reuters....
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Westlake-income-up-28-percent-as-olefins-gain-offsets-vinyls-loss_60780.html
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