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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
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
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