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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
April 2, 2013
Toyo Engineering (Narashino, Japan) says it has been jointly awarded with the Engineering for the Petroleum & Process Industries (Enppi; Cairo), a contract to build a...
http://www.chemweek.com/markets/plastics/polyethylene/Toyo-Engineering-awarded-contract-for-polyethylene-plant-in-Egypt_50880.html
March 19, 2013
Increases in polyethylene (PE) prices are expected to take place in Europe during March on the back of higher ethylene prices, but weak downstream converter and consumer demand are...
http://www.chemweek.com/markets/plastics/polyethylene/European-PE-price-hikes-could-be-limited-by-weak-demand_50616.html
March 19, 2013
Sasol North America has selected Univation’s Unipol polyethylene (PE) technology for a 450,000-m.t./year plant to be built as part of a previously announced $5–7 billion...
http://www.chemweek.com/markets/plastics/polyethylene/Sasol-picks-PE-route-for-Lake-Charles-eyes-other-products_50299.html
March 19, 2013
LyondellBasell Industries announced plans last week to add 800 million lbs/year of ethylene capacity at its Corpus Christi, TX, site by late 2015 as part of a capital spending ramp-up...
http://www.chemweek.com/markets/plastics/polyethylene/LyondellBasell-boosts-US-ethylene-PE-expansion-plans_50545.html
March 18, 2013
Dow Chemical announced plans to build four downstream polymer and elastomer units that would be fed from its planned Freeport, TX, cracker....
http://www.chemweek.com/markets/plastics/polyethylene/Dow-plans-four-US-plastics-plants_50594.html
March 5, 2013
Sasol North America has selected Univation’s Unipol polyethylene (PE) technology for a 450,000-m.t./year plant to be built as part of a previously announced $5–7 billion...
http://www.chemweek.com/markets/plastics/polyethylene/Sasol-progresses-with-Lake-Charles-cracker-project-selects-Unipol-PE-process_50248.html
March 1, 2013
Net income for the fourth quarter 2012 totaled $95.3 million, or $1.42 per diluted share, compared to net income of $26.4 million, or $0.40 per diluted share, in the year-ago period....
http://www.chemweek.com/markets/plastics/polyethylene/Westlake-earnings-soar-on-shale-advantage_49940.html
March 1, 2013
Fourth-quarter 2012 profit totaled $57 million on revenue of $1.104 billion, versus profit of $77 million on revenue of $1.102 billion in the year-ago period....
http://www.chemweek.com/markets/plastics/polyethylene/Nova-earnings-down-on-falling-ethylene-prices_50200.html
February 25, 2013
Borealis realized a €100-million ($132 million) net profit during the fourth quarter of 2012, up more than 72% on the same period the previous year, the company announced today...
http://www.chemweek.com/markets/plastics/polyethylene/Borealis-posts-fourth-quarter-profit-up-72-percent_50039.html
February 18, 2013
The Sibur International trading company, a Sibur (Moscow) affiliate, has registered subsidiaries in Istanbul and Kiev, the company announced today. The offices will trade in basic...
http://www.chemweek.com/markets/plastics/polyethylene/Sibur-opens-trading-offices-in-Ukraine-and-Turkey_49925.html
February 13, 2013
The petrochemical portion of the Complejo Petroquimica Rio de Janeiro (Comperj) project at Itaborai, Brazil, will eventually require an investment of more than $5 billion, says Carlos...
http://www.chemweek.com/markets/plastics/polyethylene/Report-Braskems-investment-in-Comperj-petchem-project-valued-at-more-than-$3-2-billion_49739.html
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