IHS Chemical Week

Archives :: Markets :: Plastics :: PET

Displaying 1 - 12 of 269 stories.
August 15, 2016
With oil under $50/barrel, North America’s ethane advantage is not nearly so great as it once was, but it remains large enough to attract major ethylene projects, as two stories in this week’s Business Insider show. Notably, one of the projects is a joint venture between US-based ExxonMobil and Saudi Arabia’s Sabic....
August 4, 2016
DAK Americas (Charlotte, North Carolina), a wholly owned subsidiary of Alpek SAB de CV (Monterrey, Mexico), has acquired Imatosgil Group's (IMG Group; Lisbon, Portugal) controlling stake in Selenis Canada Inc. (Montreal), DAK announced. Terms of the transaction have not been disclosed....
August 2, 2016
Alpek SAB de CV (Monterrey, Mexico) announced 28 July that it is in exclusive negotiations to acquire Petróleo Brasileiro SA’s (Petrobras; Rio de Janeiro, Brazil) stakes...
July 29, 2016
Petróleo Brasileiro SA (Petrobras; Rio de Janeiro, Brazil) has announced that it is in exclusive talks for selling its stakes in Companhia Petroquímica de Pernambuco (PetroquímicaSuape; Ipojuca, Brazil) and Companhia Integrada Têxtil de Pernambuco (Citepe; Recife, Brazil) to Alpek SAB de CV (Monterrey, Mexico)....
July 20, 2016
Alpek's (Monterrey, Mexico) second-quarter consolidated net income totaled $70 million, down 25% year-on-year (YOY). The company's consolidated EBITDA for the quarter meanwhile grew 7%...
May 31, 2016
Reliance Industries (Mumbai), on 31 May, informed the Bombay Stock Exchange (Mumbai) that it has temporarily shut down its purified terephthalic acid (PTA) and polyethylene...
May 5, 2016
Valmet  (Espoo, Finland), a developer and supplier of technologies and services for the pulp, paper and energy industries, and Biochemtex (Tortona, Italy), supplier of...
April 14, 2016
New antidumping duties on polyethylene terephthalate (PET) resin from China, India, Oman, and Canada are unlikely to reduce imports by the United States, but they may improve the margins of domestic producers, IHS Chemical says....
April 15, 2016
Alpek's (Monterrey, Mexico) consolidated net income for the first quarter of this year totaled $105 million, more than doubling the $48 million recorded in the first quarter of last...
April 8, 2016
Downstream polyester resin producers are wondering whether there will be a follow-on settlement to Europe's April para-xylene (p-xylene) contract price following the initial...
April 8, 2016
Indorama Ventures (Bangkok) says that it has completed the previously announced acquisition of the polyethylene terephthalate (PET), purified terephthalic acid (PTA), and purified...
April 1, 2016
Indorama Ventures (Bangkok) says that, on 31 March, it completed the previously announced acquisition of BP’s petrochemical complex at Decatur, AL. The complex can produce 1...
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