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Archives :: Markets :: Plastics :: Polyethylene
Displaying 1 - 20 of 387 stories.
May 15, 2013
“At this point, it is estimated that the remaining production line will start up by late June,” Ken Mounger, v.p. and general manager/polyolefins, tells customers....http://www.chemweek.com/markets/plastics/polyethylene/Two-of-three-lines-operational-at-Formosas-fire-damaged-HDPE-unit_52021.html May 15, 2013
LyondellBasell will shut down a 100,000-m.t./year high-density polyethylene (HDPE) unit in Wesseling, Germany, in the third quarter....http://www.chemweek.com/markets/plastics/polyethylene/LyondellBasell-to-close-HDPE-Unit-in-Germany_52037.html May 9, 2013
Braskem's first quarter earnings totaled R$227 million ($113 million), up 49% year-over-year (YOY) from R$152 million, but down 18% sequentially from R$275 million in the fourth quarter of 2012....http://www.chemweek.com/markets/plastics/polyethylene/Braskem-first-quarter-net-income-up-49-percent_51886.html May 8, 2013
The fire does not appear to have significantly damaged production equipment....http://www.chemweek.com/markets/plastics/polyethylene/Formosa-Plastics-provides-update-on-fire-investigation_51823.html May 7, 2013
Increased margins in the olefins/polyolefins business unit offset a $22 million write-off....http://www.chemweek.com/markets/plastics/polyethylene/Nova-posts-first-quarter-earnings-of-$185-million-down-1-6-percent-YOY_51822.html May 3, 2013
A fire at an ethylene purification unit at Formosa Plastics’ complex at Point Comfort, TX yesterday, injured 14 people. Eight of the injured have been treated and released as of Friday morning, according to a company spokesperson. The fire occurred in an ethylene purification area near the site’s “PE 1” high-density polyethylene (HDPE) production unit. ...http://www.chemweek.com/markets/plastics/polyethylene/Fire-injures-14-at-Formosas-Point-Comfort-TX-site_51743.html May 3, 2013
Private equity firm Sun Capital (Boca Raton, FL) says it will combine five of the packaging companies its owns under its Exopack Holdings (Spartanburg, SC) investment. The...http://www.chemweek.com/markets/plastics/polyethylene/Sun-Capital-to-combine-packaging-investments-under-Exopack_51745.html May 2, 2013
Odebrecht (Salvador, Brazil) is planning to invest heavily in Latin America across various industries including petrochemicals, according to various media reports. Projects the company...http://www.chemweek.com/markets/plastics/polyethylene/Odebrecht-bids-for-gas-pipeline-in-Peru-to-supply-Pacific-coast-petchem-complex_51665.html April 29, 2013
Rosneft (Moscow) and Mitsui & Co. have signed a memorandum of understanding (MOU) to develop jointly Rosneft's previously announced Far East Petrochemical Co. (Fepco) project near...http://www.chemweek.com/markets/plastics/polyethylene/Rosneft-Mitsui-sign-MOU-to-develop-petchem-project-in-Russian-far-east_51563.html April 29, 2013
The Bourgogne Développement Industrie Group (BDI; Paris) has acquired Semoflex (Ogeu-les-Bains, France), the companies have announced. The takeover results in BDI, which also...http://www.chemweek.com/markets/plastics/polyethylene/Frances-BDI-Group-takes-over-Semoflex-becomes-third-largest-PE-converter-in-France_51547.html April 26, 2013
LyondellBasell Industries has licensed its Lupotech T and Lupotech A process technologies to Jiangsu Sailboat Petrochemical (JSPC; Lianyungang, China) for a low-density polyethylene...http://www.chemweek.com/markets/plastics/polyethylene/LyondellBasell-licenses-PE-technology-to-China_51482.html April 25, 2013
Construction has started at Yacimientos Petrolíferos Fiscales Bolivianos's (YPFB; La Paz) previously announced ammonia and urea project in the department of Cochabamba...http://www.chemweek.com/markets/plastics/polyethylene/Bolivias-YPFB-breaks-ground-on-urea-project_51441.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/polyethylene/Brazil-proposes-measures-to-stimulate-the-petrochemical-and-ethanol-industries_51399.html April 19, 2013
Versalis (Milan), the chemicals business of ENI (Rome), has outlined a major transformation program that aims to shift the company's portfolio from one dominated by commodities toward...http://www.chemweek.com/markets/plastics/polyethylene/Versalis-announces-transformation-plan-mulls-import-of-US-gas_51306.html April 18, 2013
Sabic Europe (Sittard, Netherlands) has announced a major restructuring of its operations, resulting in 1,050 job cuts. Sabic employees represent two-thirds of the cuts announced...http://www.chemweek.com/markets/plastics/polyethylene/Sabic-restructures-European-operations-cuts-more-than-1000-jobs_51273.html April 17, 2013
State-owned energy company Pertamina (Jakarta) has confirmed the selection of PTT Global Chemical (PTTGC; Bangkok) as its partner in a previously announced petrochemical complex on the island of Java, Indonesia....http://www.chemweek.com/markets/plastics/polyethylene/Pertamina-confirms-PTT-as-partner-in-$5-billion-complex_51082.html April 17, 2013
Inter Pipeline Fund (IPF; Calgary, AB) has entered into a binding agreement with Nova Chemicals covering the long-term sale of ethane produced at IPF's Cochrane, AB, extraction plant...http://www.chemweek.com/markets/plastics/polyethylene/IPF-to-continue-supplying-ethane-to-Novas-Joffre-site-until-the-end-of-2024_51226.html April 17, 2013
Sibur (Moscow), Russia’s largest petrochemicals company, has outlined its investment plans and announced the completion of a 500,000-m.t./year polypropylene (PP) plant at...http://www.chemweek.com/markets/plastics/polyethylene/Sibur-readies-world-scale-PP-plant-to-decide-soon-on-major-olefins-complex_51212.html April 12, 2013
Braskem (São Paulo) says it will start a training program for the employees of its Idesa plant in Nanchital, Mexico, in May. A total of 400 industrial workers will have to be...http://www.chemweek.com/markets/plastics/polyethylene/Braskem-to-start-training-of-workers-for-its-Mexican-petrochemical-complex_51148.html April 4, 2013
LyondellBasell Industries has licensed its Lupotech T and Lupotech A process technologies to Jiangsu Sailboat Petrochemical (JSPC; Lianyungang, China) for a low-density...http://www.chemweek.com/markets/plastics/polyethylene/LyondellBasell-licenses-technology-for-LDPE-plant-in-China_50939.html |
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