IHS Chemical Week

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Displaying 41 - 60 of 228 stories.
August 30, 2013
The summer of 2013 has been a washout for polyethylene terephthalate (PET) in the United States, according to analysts at IHS Chemical. With bottle season over, demand will drop, but prices will retain their upward momentum for the next month or so, boosted by rising feedstock costs. PET producers have nominated increases of 3-4 cents/lb. for September....
http://www.chemweek.com/markets/plastics/pet/IHS-Chemical-US-PET-set-to-rise-despite-weak-demand_54848.html
August 23, 2013
Courts in the US and Europe have almost wholly rejected claims that M&G Group’s PoliProtect APB and JB resins infringe Invista patents, M&G Group said in a statement issued on 23 August....
http://www.chemweek.com/markets/plastics/pet/M-and-G-Invista-misleads-on-PoliProtect-patent-ruling_54724.html
August 23, 2013
Petrobras has started production of purified terephthalic acid (PTA) at its Pernambuco, Brazil, complex, the company announced. The plant is Brazil's only operating PTA facility. The...
http://www.chemweek.com/markets/plastics/pet/Petrobras-starts-production-of-PTA-at-Pernambuco-complex_54692.html
August 21, 2013
According to a statement issued by Invista, the ruling “resolves questions regarding ongoing allegations of infringement with respect to M&G’s PoliProtect APB and JB resin manufactured, offered for sale, and sold in the United States....
http://www.chemweek.com/markets/plastics/pet/US-court-M-and-G-has-infringed-Invistas-PolyShield-patent_54605.html
August 20, 2013
Toray says it will build a second cogeneration system at its 70-acre North Kingstown, RI, site. The system, which is expected to be operational by March 2014, will power production for...
http://www.chemweek.com/markets/plastics/pet/Toray-Plastics-to-build-additional-power-system-at-Rhode-Island-site_54581.html
August 14, 2013
M&G Chemicals (Tortona, Italy) is preparing to list its shares on the Hong Kong Stock Exchange, according to various financial newspapers. The company is seeking to raise about...
http://www.chemweek.com/markets/plastics/pet/Reports-M-and-G-Chemicals-seeks-$500-million-listing-in-Hong-Kong_54474.html
July 17, 2013
Alpek on 15 July reported a second-quarter loss of $71 million, down 187% year-over-year (YOY) from $82 million on net costs of $114 million related to the closure of its Cape Fear site in North Carolina. Revenues for the quarter totaled $1.81 billion, down 5% YOY from $1.91 billion....
http://www.chemweek.com/markets/plastics/pet/Alpek-reports-second-quarter-loss-on-Cape-Fear-closure_53689.html
July 3, 2013
Sibur is expanding capacity at its Polief polyester subsidiary at Ufa, Bashkortostan, Russia. Sibur holds a majority stake in Polief with the government of Bashkortostan holding 17.5%...
http://www.chemweek.com/markets/plastics/pet/Sibur-hikes-capacity-at-polyester-subsidiary-Polief_53363.html
June 27, 2013
Beleaguered polyethylene terephthalate (PET) producer La Seda de Barcelona's (El Prat de Llobregat, Spain) shareholders rejected a plan to restructure more than 75% of the company's...
http://www.chemweek.com/markets/plastics/pet/La-Sedas-shareholders-back-asset-restructuring-proposal-over-debt-restructuring-plan_53144.html
June 19, 2013
La Seda de Barcelona (El Prat de Llobregat, Spain), one of Europe's largest manufacturers of polyethylene terephthalate, has filed for insolvency, the company announced Monday. The...
http://www.chemweek.com/markets/plastics/pet/La-Seda-files-for-insolvency_52914.html
June 3, 2013
Asian para-xylene (p-xylene) producers have been faring better than their North American and European counterparts. However, p-xylene market dynamics could be altered by new capacity...
http://www.chemweek.com/markets/plastics/pet/Asia-p-xylene-market-shows-signs-of-oversupply-due-partly-to-new-capacity_52508.html
May 31, 2013
Chemical prices slipped 0.8% in Brazil during April compared with the previous month, the first drop since November 2012, according to the Producer Price Index (IPP), published by...
http://www.chemweek.com/markets/plastics/pet/Chemical-prices-drop-0-8-percent-in-Brazil-during-April_52467.html
May 22, 2013
The European Union decided during a plenary session at Strasbourg, France, to let lapse a set of antidumping duties on polyethylene terephthalate (PET), imposed in 2000 on product...
http://www.chemweek.com/markets/plastics/pet/Report-EU-lets-antidumping-duties-lapse-on-PET-from-5-Asian-countries-renews-antisubsidy-duty-on-PET-from-India_52232.html
April 26, 2013
M&G Group (Tortona, Italy) has licensed Alpek’s IntegRex technology for its planned 1.2-million m.t./year purified terephthalic acid (PTA) plant at Corpus Christi, TX, the company announced 16 April....
http://www.chemweek.com/markets/plastics/pet/Alpek-licenses-PTA-to-M-and-G-pays-$350M-for-PET-offtake_51462.html
April 25, 2013
Beleaguered polyethylene terephthalate (PET) producer La Seda de Barcelona (El Prat Llobregat, Spain) has one week left to finalize the refinancing of its €235-million ($299...
http://www.chemweek.com/markets/plastics/pet/Time-running-out-for-debt-burdened-PET-producer-La-Seda_51448.html
April 24, 2013
Toray says it has successfully made molded components from the partially biobased PBT. Toray Industries announced today that it has successfully produced partially biobased...
http://www.chemweek.com/markets/plastics/pet/Toray-produces-biobased-PBT-plans-commercial-scale-production-unit_51428.html
April 24, 2013
Brazil has proposed a set of tax cuts to boost its petrochemical sector and ethanol sector, according to a statement from the Finance Ministry (Brasilia) issued on Wednesday...
http://www.chemweek.com/markets/plastics/pet/Brazil-proposes-measures-to-stimulate-the-petrochemical-and-ethanol-industries_51399.html
April 22, 2013
M&G Group (Tortona, Italy) has licensed Alpek’s IntegRex technology for its planned 1.2-million m.t./year purified terephthalic acid (PTA) plant in Corpus Christi, TX, the...
http://www.chemweek.com/markets/plastics/pet/Alpek-licenses-PTA-to-M-and-G-project-buys-PET-offtake-rights-for-$350-million_51221.html
April 22, 2013
Alpek (San Pedro Garza García, Mexico) achieved $77 million in net consolidated income during the first quarter of 2013, down 20% on the $96-million income reported during the...
http://www.chemweek.com/markets/plastics/pet/Alpeks-first-quarter-net-income-down-20-percent_51333.html
April 15, 2013
Uhde Inventa-Fischer has been awarded a contract by Micro Polypet, a joint venture between RLG Group (Vadodara, India) and Action Petrochem (New Delhi), to build a 216,000-m.t./year...
http://www.chemweek.com/markets/plastics/pet/Uhde-Inventa-Fischer-to-build-PET-plant-for-Micro-Polypet-in-India_51086.html
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