IHS Chemical Week

Archives :: Markets :: Plastics :: PET

Displaying 201 - 220 of 248 stories.
February 4, 2009
Octal Petrochemicals' project raises the company's capacity to 330,000 m.t./year....
January 28, 2009
Dow Chemical and Petrochemical Industries Co. (Safat, Kuwait), equal partners in Equipolymers (Horgen, Switzerland), a producer of purified terephthalic acid (PTA) and polyethylene...
January 16, 2009
Equipolymers says it has lifted its force majeure declaration on polyethylene terephthalate (PET) shipments from its Ottana, Italy production facility. Force majeure was declared last...
January 13, 2009
Braskem (São Paulo) says it has deactivated its polyethylene terephthalate (PET) unit at its Camaçari petrochemical complex in Brazil and has exited the business because...
December 24, 2008
Wellman says more than 80% of its stakeholders voted in favor of a modified reorganization plan that will allow...
November 23, 2008
The polyethylene terephthalate (PET) industry is feeling the pressure of the economic downturn. Producers, faced with oversupply, are being forced to rationalize capacity. “In...
November 18, 2008
Invista says it has concluded a polyethylene terephthalate (PET) manufacturing agreement with an unnamed polyester manufacturer at Greer, SC, and that it permanently idled 150,000...
November 18, 2008
Prices U.S.: 63 cts-65 cts/lb, November contracts Europe: €1,250-1,290/m.t., October contracts Outlook Demand in the global polyethylene terephthalate (PET) market was 42.9...
November 10, 2008
Invista says its polyethylene terephthalate (PET) resins for packaging applications are available in the U.S. market. The resin technology, sold under the trade name PolyShield...
October 23, 2008
Eastman Chemical posted third-quarter net earnings of $100 million, up from $25 million in the year-ago quarter. Sales advanced 8%, to $1.8 billion. Earnings from continuing operations excluding one-time items were $1.35/share, up 5% from the year-ago quarter....
September 19, 2008
Eastman Chemical says it will discontinue production of PET 5214A, a polyethylene terephthalate (PET) resin commonly sold to customers in the pharmaceutical industry, by year-end...
September 8, 2008
Equipolymers (Horgen, Switzerland) says it has declared force majeure on polyethylene terephthalate (PET) shipments from the company’s Ottana, Italy production facility, because...
July 22, 2008
Mossi & Ghisolfi (M&G; Tortona, Italy) says it will expand capacity of polyethylene terephthalate (PET) at Ipojuca, Brazil, from 450,000 m.t./year, to 650,000 m.t./year...
July 14, 2008
Leading U.S. producers of polyethylene terephthalate (PET) resin and polyester staple fiber (PSF), already beleaguered by overcapacity and weakening demand, are taking steps to offset...
July 14, 2008
Reliance Industries has confirmed reports that it will build a 200,000-m.t./year polyethylene terephthalate (PET) bottle resin plant at Kinston, NC, following the purchase of...
June 23, 2008
Reliance Industries USA has agreed to purchase Unifi’s idled polyester manufacturing facility at Kinston, NC for $12.2 million, according to an SEC filing. Reliance will also invest $215 million......
June 13, 2008
Tatneft (Almetyevsk, Russia) says it is proceeding with previously announced plans to build an oil refinery and a petrochemical complex at Nizhnekamsk, Russia. The company has awarded...
May 20, 2008
DAK Americas (Charlotte, NC) shut its Cedar Creek, NC polyethylene terepthalate (PET) plant on May 1, following a minor fire, says a company spokesperson. Damage to the 330-million...
April 29, 2008
Octal (Muscat) says it will boost capacity of polyethylene terephthalate (PET) resins by an additional 500,000 m.t./year at Salalah, Oman by May 2010. The company says the resins will...
April 25, 2008
Eastman Chemical posted earnings from continuing operations of $115 million, a 24% gain over the year-ago quarter on strength in fibers and narrower losses in PET. Sales increased 6%, to $1.72 billion....
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