IHS Chemical Week

Archives :: Markets :: Plastics :: Polyethylene

Displaying 1 - 20 of 531 stories.
March 2, 2015
Wood Group (Houston) says it is providing detailed engineering, procurement, and fabrication services for the process control systems required by ExxonMobil Chemical’s multibillion-dollar expansion project at ExxonMobil's Baytown and Mont Belvieu plants near Houston....
http://www.chemweek.com/markets/plastics/polyethylene/Wood-Group-awarded-process-controls-contract-for-ExxonMobil-ethylene-PE-project_68233.html
February 17, 2015
Sibur announced today that the first foundations have been laid on ZapSibNeftekhim, the company’s biggest investment project being built at Tobolsk, Russia. The ceremony was...
http://www.chemweek.com/markets/plastics/polyethylene/Sibur-starts-work-on-its-largest-project-completion-may-take-longer-than-expected_67831.html
February 3, 2015

LyondellBasell’s fourth-quarter earnings have beaten the analysts’ consensus estimate by 15%, with lower feedstock costs more than making up for lower product prices. However, the company expects lower crude oil prices to pressure margins in the year ahead. Fourth-quarter earnings from continuing operations totaled $796 million, down 32% year-over-year (YOY) from $1.177 billion. Sales totaled $10.29 billion, down 8% YOY from $11.138 billion. The quarter included a $715 million non-cash, pre-tax charge for the impact of a lower-of-cost-or-market (LCM) inventory adjustment.

...

http://www.chemweek.com/markets/plastics/polyethylene/LyondellBasell-beats-consensus-by-15-percent-as-lower-feedstocks-make-up-for-product-prices_67452.html
January 23, 2015
Several sectors of the UK plastics industry today expressed their disappointment that the government is considering to press ahead with plans to potentially exempt biodegradable...
http://www.chemweek.com/markets/plastics/polyethylene/UK-plastics-industry-warns-that-biodegradable-carrier-bag-levy-exemption-will-hurt-recycling-jobs_67169.html
January 16, 2015
Braskem has completed investing about 50.0 million reais ($18.9 million) at the Camaçari petrochemical cluster in Bahia, Brazil, to expand production capacity for linear...
http://www.chemweek.com/markets/plastics/polyethylene/Braskem-completes-metallocene-LLDPE-expansion-in-Brazil_66927.html
January 12, 2015
Pucheng Clean Energy Chemical (PCEC) has started up a polyethylene (PE) plant in Shaanxi Province, China, says the plant's contractor, Wison Engineering (Shanghai). The...
http://www.chemweek.com/markets/plastics/polyethylene/Chinese-firm-start-up-PE-plant_66734.html
January 9, 2015
Sabic's European regional subsidiary is encountering "system issues," and the company does not yet know when these issues will be fully resolved and when business will be...
http://www.chemweek.com/markets/plastics/polyethylene/Sabic-Europe-encounters-system-issues-at-Europe-production-sites_66716.html
January 5, 2015
Equate Petrochemical, a joint venture among Petrochemical Industries Co. (Kuwait City), Dow Chemical, Boubyan Petrochemical Co., and Qurain Petrochemical Industries, today...
http://www.chemweek.com/markets/plastics/polyethylene/Equate-completes-turnaround-and-first-phase-of-polyethylene-expansion-project_66537.html
December 18, 2014

Chevron Phillips Chemical (CPChem; The Woodlands, TX) plans to build a polyethylene (PE) pilot plant at its research and development facility in Bartlesville, OK. CPChem expects to begin construction in 2015.

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http://www.chemweek.com/markets/plastics/polyethylene/CPChem-to-build-PE-pilot-plant-at-Bartlesville-OK_66295.html
December 17, 2014
Combined polyolefin exports from the United States and Canada tumbled in October, according to data compiled by Veris Consulting for the ACC Plastics Industry Producers' Statistics Group. Overall sales results were mixed....
http://www.chemweek.com/markets/plastics/polyethylene/Steep-October-decline-for-US-Canada-polyolefin-exports_66221.html
December 9, 2014
US production of major plastic resins totaled 6.40 billion lbs during October, a year-on-year (YOY) increase of 1.2%, according to ACC. However, production for the first 10 months dropped 2.5% YOY, to 62.0 billion lbs....
http://www.chemweek.com/markets/plastics/polyethylene/ACC-reports-October-increase-in-US-resin-production_65994.html
December 5, 2014
Elopak (Oslo), a leading liquid food packaging supplier, has announced the launch of beverage cartons featuring certified renewable polyethylene (PE). A wide range of these cartons...
http://www.chemweek.com/markets/plastics/polyethylene/Elopak-to-use-renewable-polyethylene-in-beverage-cartons_65916.html
November 26, 2014
Ineos has declared force majeure on polyethylene (PE) out of its site at Grangemouth, UK, market sources have said. Market observers say that there are "operational issues"...
http://www.chemweek.com/markets/plastics/polyethylene/Sources-Ineos-declares-force-majeure-on-PE-out-of-Grangemouth_65695.html
November 14, 2014
Dow Chemical plans to expand capacity and enhance production technologies and equipment at its four polyethylene (PE) production units at Bahia Blanca, Argentina, starting in 2015. The...
http://www.chemweek.com/markets/plastics/polyethylene/Dow-to-expand-PE-capacity-in-Argentina_65437.html
November 7, 2014
Shell Chemical is exercising its option to buy a site in Monaca, PA, for a potential world-scale ethylene and derivatives project, according to Horsehead Holding, owner of the site. The deal brings the project, which would include an ethane cracker and polyethylene plants, one step closer to realization. However, Shell has not made a final investment decision....
http://www.chemweek.com/markets/plastics/polyethylene/Shell-to-buy-site-in-Monaca-PA-for-cracker-project_65228.html
October 29, 2014
Nova Chemical reports third-quarter income of $259 million, up 116% year-over-year (YOY) from $120 million, with all segments contributing to the gain. Sales totaled $1.427 billion, up 13% YOY from $1.263 billion....
http://www.chemweek.com/markets/plastics/polyethylene/Nova-doubles-third-quarter-income_64899.html
October 14, 2014
Badlands NGL, a private equity firm, plans to build a $4-billion, 1.5-million m.t./year polyethylene complex in North Dakota....
http://www.chemweek.com/markets/plastics/polyethylene/Private-equity-firm-plans-world-scale-North-Dakota-polyethylene-complex_64488.html
October 2, 2014
Dow Chemical and ExxonMobil Chemical announced today they have signed a definitive agreement to restructure the ownership of Univation Technologies, their equally owned polyethylene...
http://www.chemweek.com/markets/plastics/polyethylene/ExxonMobil-Chemical-divests-its-stake-in-PE-licensing-JV-Univation-Technologies_64235.html
October 2, 2014
Dow expects to have buyers for the Angus Chemical Co., sodium borohydride, and AgroFresh businesses by the end of the year....
http://www.chemweek.com/markets/plastics/polyethylene/Dow-confirms-plans-to-sell-Angus-sodium-borohydride-and-AgroFresh_64237.html
October 1, 2014
As a manufacturing sector, plastics has outpaced its counterparts in terms of economic growth since the 1980s. The industry looks poised to continue this trend too, as a panel of economic and plastics experts testified this morning at the Global Plastics Summit (GPS) in Chicago, hosted jointly by IHS and SPI....
http://www.chemweek.com/markets/plastics/polyethylene/At-GPS-a-positive-outlook-for-plastics-but-risks-remain_64218.html
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