IHS Chemical Week

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July 28, 2015
LyondellBasell reports net income from continuing operations of $1.3 billion, up 7.8% year-over-year (YOY) as higher volumes and lower feedstock costs more than offset declines in product prices. Sales totaled $9.1 billion, up 11.7% YOY....
http://www.chemweek.com/markets/plastics/polyethylene/LyondellBasell-income-up-beats-analyst-consensus_72480.html
July 20, 2015
Hanwha Chemical (Seoul) has merged its Hanwha Compound and Hanwha Next subsidiaries under the Hanwha Compound business, according to local news reports. The combined entity will...
http://www.chemweek.com/markets/plastics/polyethylene/Reports-Hanwha-Chemical-merges-compound-business-units_72308.html
July 9, 2015
Nizhnekamskneftekhim (NKNK; Nizhnekamsk, Russia), a leading Russian producer of petrochemicals and part of the local TAIF Group (Kazan), has decided to divide its planned $9-billion...
http://www.chemweek.com/markets/plastics/polyethylene/Russian-petchems-firm-NKNK-splits-$9-billion-cracker-project-into-two-phases_72038.html
July 5, 2015
Brahmaputra Cracker and Polymer (BCPL) has begun the commissioning of its long-delayed Assam cracker project at Lepetkata, India. Three units—the gas sweetening unit, the...
http://www.chemweek.com/markets/plastics/polyethylene/Assam-gas-cracker-project-in-commissioning-phase_71883.html
June 30, 2015
SCG Packaging (Bangkok) has acquired an 80% stake in a Vietnamese flexible packaging company, its parent Siam Cement (Bangkok) said Tuesday. TC Flexible Packaging...
http://www.chemweek.com/markets/plastics/polyethylene/SCG-Packaging-buys-80-percent-stake-in-Vietnamese-company_71747.html
June 24, 2015
A fire broke out at a silo belonging to Petronas Chemicals' low-density polyethylene (LDPE) plant at Kerteh, Malaysia, Tuesday evening, Petronas says. The fire started at 5:00 pm local...
http://www.chemweek.com/markets/plastics/polyethylene/Petronas-Chemicals-reports-fire-at-silo-belonging-to-LDPE-unit_71555.html
June 22, 2015
Gazprombank (Moscow) has provided a credit facility to the State Oil Co. of the Azerbaijan Republic (Socar; Baku), the two entities have announced. Gazprombank's investment committee...
http://www.chemweek.com/markets/plastics/polyethylene/Gazprombank-provides-loan-to-Socars-polymer-project-in-Azerbaijan_71504.html
June 18, 2015
A consortium comprising the Russian Direct Investment Fund (RDIF) and leading international investors, have agreed to invest in the development of ZapSibNeftekhim, Sibur’s...
http://www.chemweek.com/markets/plastics/polyethylene/Sibur-secures-funds-for-its-largest-petchems-project-planned-at-Tobolsk_71453.html
June 16, 2015
Nova Chemicals has commissioned and begun operating a semi-commercial scale, nine-layer blown-film co-extrusion line at the company’s Centre for Performance Applications at Calgary, AB. Nova says the unit will be the cornerstone of additional investments at the facility....
http://www.chemweek.com/markets/plastics/polyethylene/Nova-commissions-semi-commercial-nine-layer-blown-film-line_71368.html
June 11, 2015
Lotte Chemical Titan (Kuala Lumpur) has confirmed that an industrial accident took place at its polyethylene no. 3 plant at Tanjung Langsat, Malaysia, on Monday, a company spokesman...
http://www.chemweek.com/markets/plastics/polyethylene/Lotte-Chemical-Titan-confirms-industrial-accident-struck-PE-plant_71157.html
June 5, 2015
The Dangote Group (Lagos), one of the most diversified business conglomerates in Africa, is planning to build a $4-billion petrochemical complex at Lekki, near Lagos, CW has learned...
http://www.chemweek.com/markets/plastics/polyethylene/Dangote-to-build-world-scale-cracker-polyolefin-plants-in-Nigeria_71030.html
June 3, 2015
Delegates to this year’s IHS Chemical polyethylene-polypropylene global technology and business forum, currently taking place in Zurich, were told that the polyethylene (PE) and...
http://www.chemweek.com/markets/plastics/polyethylene/PEPP-2015-Tightness-in-Europe-will-ease-North-American-PE-supplies-will-increase_70975.html
June 2, 2015
SK Global Chemical (SKGC; Seoul) is to sell Nexlene, its premium polyethylene PE business to its joint venture with Sabic. Sabic SK Nexlene Co. (Singapore), an equally owned jv between...
http://www.chemweek.com/markets/plastics/polyethylene/SK-Global-Chemical-sells-Nexlene-PE-business-to-JV-with-Sabic_70928.html
May 28, 2015
Sabic has declared force majeure on low-density polyethylene (LDPE) at the company's Wilton, UK plant. The unit has "encountered unexpected technical issues [...] in the form of a...
http://www.chemweek.com/markets/plastics/polyethylene/Sabic-declares-force-majeure-on-LDPE-at-UK-site_70759.html
May 27, 2015
Sibur says its Tomsk, Russia, facility has produced six new film grades of low-density polyethylene (LDPE). The new grades have been tested by key consumers and added to the...
http://www.chemweek.com/markets/plastics/polyethylene/Sibur-produces-new-polyethylene-grades_70706.html
May 26, 2015
PTT Global Chemical (PTTGC; Bangkok), Thailand’s largest petrochemicals' producer, has selected technologies for its $5.7-billion project planned at Dilles Bottom, OH. The...
http://www.chemweek.com/markets/plastics/polyethylene/PTTGC-selects-technologies-for-US-project-could-raise-capacity-at-planned-Indonesia-refinery_70666.html
May 25, 2015
Gulf Capital (Abu Dhabi) and Carbon Holdings (Cairo), on Monday announced the signing of a debt financing agreement to support three of Carbon Holdings’ previously announced...
http://www.chemweek.com/markets/plastics/polyethylene/Abu-Dhabi-extends-loan-for-Egyptian-projects-Tahrir-funding-expected-by-yearend_70660.html
May 19, 2015
GS Engineering & Construction (GS E&C; Seoul) told the Korea Stock Exchange on Tuesday that it has canceled its $1.41-billion contract to build a polyethylene (PE)...
http://www.chemweek.com/markets/plastics/polyethylene/GS-E-and-C-cancels-polyethylene-plant-contract-in-Kazakhstan_70492.html
May 18, 2015
ExxonMobil started a planned turnaround of its chemical Singapore Chemical Plant (SCP) on 1 May, the company said today. “We confirm that there is a scheduled maintenance...
http://www.chemweek.com/markets/plastics/polyethylene/ExxonMobil-begins-planned-maintenance-at-Singapore-chemical-plant_70045.html
May 18, 2015
PTT Global Chemical (PTTGC; Bangkok), Thailand’s largest and one of Asia’s fastest-growing petrochemical players, tells CW that it will invest about $1 billion in a...
http://www.chemweek.com/markets/plastics/polyethylene/PTTGC-to-build-PO-polyols-complex-in-Thailand-details-US-ethane-cracker-plans_70462.html
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