IHS Chemical Week

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June 17, 2014
The International Trade and Industry Ministry (MITI; Kuala Lumpur) said on Monday that it has initiated antidumping investigation concerning imports of polyethylene terephthalate (PET)...
http://www.chemweek.com/markets/plastics/pet/Malaysia-starts-antidumping-investigation-on-PET-from-China-Indonesia-and-South-Korea_61866.html
June 16, 2014
Nizhnekamskneftekhim (NKNK; Nizhnekamsk, Russia), one of the country’s leading producers of petrochemicals, today announced that it has accepted the resignation of Oleg Nesterov...
http://www.chemweek.com/markets/plastics/polypropylene/NKNK-appoints-new-general-director-starts-producing-automotive-grade-PP_61831.html
June 13, 2014
Petronas Chemicals Group (PCG; Kuala Lumpur) has completed divesting its entire 93.11% interest in Phu My Plastics and Chemical (PMPC; Vung Tau, Vietnam) to Asahi Glass and Mitsubishi...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Petronas-completes-sale-of-Vietnam-PVC-unit-to-Asahi-Glass-Mitsubishi-Corp-_61803.html
June 10, 2014
Eastman Chemical has made “significant progress” toward restoring operations at its Kingsport, TN, facility after a widespread power outage forced an unplanned shutdown on 4 June, the company says. With the possible exception of butyl acetate, the shutdown is unlikely to have much impact on the delivery of acetyl products, according to IHS Chemical....
http://www.chemweek.com/markets/plastics/pet/Eastman-restoring-operations-at-Kingsport-limited-impact-on-acetyls-says-IHS_61653.html
June 10, 2014
Ineos Technologies announced today that it has licensed its Innovene S process to Hyundai Engineering for use in Turkmengas’s previously announced, new, greenfield, world-scale...
http://www.chemweek.com/markets/plastics/polyethylene/Ineos-licenses-Innovene-S-polyethylene-technology-to-Turkmenistan_61646.html
June 10, 2014
Sibur (Moscow), Russia’s largest petrochemicals producer, today reported a 263% increase in first-quarter profit, to 56.8 billion Russian rubles ($1.65 billion), on 21% higher...
http://www.chemweek.com/markets/plastics/polypropylene/Sibur-reports-big-increase-in-first-quarter-results-new-PP-plant-contributes_61641.html
June 9, 2014
The 11th International Petrochemical Forum (IPC), a two-day event that began at Tehran on Saturday, attracted 50 foreign and 330 Iranian companies, local news agencies report. The...
http://www.chemweek.com/markets/plastics/polyethylene/Iran-to-double-petrochemical-capacity-say-officials-at-industry-conference_61615.html
June 9, 2014
Sasol and Ineos have committed to a 50-50 joint venture to produce bimodal high-density polyethylene (HDPE) at Ineos’s Battleground Manufacturing Complex in LaPorte, TX. The jv will construct a 470,000-m.t./year HDPE plant, which is expected to begin operation in 2016....
http://www.chemweek.com/markets/plastics/polyethylene/Sasol-and-Ineos-go-forward-on-Texas-HDPE-joint-venture_61626.html
June 6, 2014
Trinseo, formerly Styron, today launched an initial public offering, aiming to raise $170–190 million through the sale of 10 million common shares. The company has also applied...
http://www.chemweek.com/markets/plastics/polystyrene/Trinseo-launches-$180-million-IPO_61481.html
June 5, 2014
The Competition Tribunal of South Africa today imposed a combined 534-million South African rand ($49.9 million) penalty for excessive pricing of propylene and polypropylene...
http://www.chemweek.com/markets/plastics/polypropylene/South-Africa-penalizes-Sasol-$50-million-for-overcharging-for-propylene-PP_61578.html
June 3, 2014
England is to join the rest of the United Kingdom in introducing a compulsory charge on most plastic shopping bags. The proposal will be announced today in the Queen’s Speech to...
http://www.chemweek.com/markets/plastics/polyethylene/England-to-introduce-compulsory-charge-for-plastic-bags-in-most-shops_61536.html
June 3, 2014
Indorama Ventures (Bangkok) says that it has acquired all the shares of polyethylene terephthalate (PET) resin producer Artenius TurkPET (Adana, Turkey). Financial details of the deal...
http://www.chemweek.com/markets/plastics/pet/Indorama-acquires-PET-producer-in-Turkey_61500.html
June 2, 2014
Abu Dhabi Terminals (ADT), the manager and operator of Khalifa Port container terminal, has signed a contract with Borouge under which ADT will design, construct, and operate a...
http://www.chemweek.com/markets/plastics/polyethylene/Borouge-and-ADT-sign-packaging-services-contract_61470.html
May 30, 2014
The State Bank for Foreign Economic Affairs of Turkmenistan has signed a 10-year loan agreement with the Japan Bank for International Cooperation and the South Korea Export-Import...
http://www.chemweek.com/markets/plastics/polyethylene/Turkmenistan-signs-loan-agreement-for-petchems-project_61448.html
May 28, 2014
Ineos Technologies announced today that it has licensed its expandable polystyrene (EPS) process for the manufacture of regular and flame-retardant EPS to EPS Qatar. EPS Qatar will use...
http://www.chemweek.com/markets/plastics/polystyrene/Qatar-selects-Ineos-Technologies-EPS-process-for-project-near-Doha_61372.html
May 28, 2014
Westlake Chemical Corp. announced today that it has signed a definitive agreement to acquire Vinnolit Holdings (Ismaning, Germany) and its subsidiary companies from Advent...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Westlake-Chemical-to-buy-PVC-producer-Vinnolit_61357.html
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
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