IHS Chemical Week

Archives :: Markets :: Plastics :: Polystyrene

Displaying 1 - 20 of 151 stories.
November 5, 2015
Trinseo (Berwyn, PA) reports net income of $52 million for the third quarter, up from a $10 million loss in the year-ago period. Sales totaled $1.028 billion, down 21% year-over-year (YOY) on the pass-through of lower raw material costs, says the company. Adjusted earnings of $1.07/share missed the mean analyst estimate of $1.28/share as compiled by Thomson Reuters (New York)....
October 28, 2015
Grupo Kuo (Mexico City) sales revenue from its synthetic rubber and plastics business totaled 2.52 billion Mexican pesos ($152.2 million) down slightly from the peso2.53 billion...
October 7, 2015
BASF says it is resuming sales of general purpose polystyrene (GPPS). The company divested most of its styrenics operations to Ineos but kept the GPPS plant at Ludwigshafen, which...
September 29, 2015
Europe's styrene contract price for October is expected to settle substantially lower later this week despite the stable direction of raw material costs. However, even with a...
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...
June 25, 2015
Polystyrene (PS) imports into Europe have been on the rise and inflated regional styrene values have dented profitability. Trade data released by Eurostat (Brussels) for the 28 EU...
June 24, 2015
Polystyrene manufacturer TPSC Asia Pte (Singapore) has awarded Suttons (Cheshire, UK) a supply chain management contract, Suttons announced today.  Under the contract Suttons will...
May 18, 2015
Alpek’s (Monterrey, Mexico) first-quarter net income totaled $48 million, up 32% year-on-year (YOY), according to the latest company's results. Ebitda was up to $137 million from...
April 17, 2015
Brazil's demand for commodity plastics contracted significantly during 2014 compared with the previous year, according to figures released by chemical industry association Abiquim...
March 27, 2015
Styrolution, the styrenics subsidiary of Ineos, anticipates the demand for all grades of styrenic resins to experience relatively strong demand as a result of replenishment along the...
March 5, 2015
Trinseo reports a net loss for the fourth quarter of $30 million, down from a net profit of $11 million in the year-ago quarter, largely the result of inventory revaluation driven by declining crude oil prices. Sales totaled $1.12 billion, down 10% year-over-year (YOY) from $1.24 billion on lower raw material costs and currency effects. Adjusted earnings came to a loss of 48 cents/share, below analysts’ consensus estimate of a 13-cts/share loss....
March 4, 2015
Ineos plans to integrate the Americas business activities of Ineos ABS into Styrolution by the end of 2015. The marketing, sales, customer service, supply chain, procurement, R&D, human resources, and manufacturing functions of the two businesses will be merged, says Ineos....
February 27, 2015
Petrochemicals Malaysia restarted its polystyrene (PS) plant at Pasir Gudang, Johor, on 21 January after completing a prolonged shutdown maintenance program which began in early...
February 10, 2015
The Loyal Group plans to shut its six expandable polystyrene (EPS) plants in China from 14 February for at least two weeks, a source close to the company said Tuesday. Citing weak EPS...
February 4, 2015
Styrolution, the styrenics subsidiary of Ineos, said today that it has launched a pilot styrene-butadiene copolymer (SBC) plant at Antwerp. The new plant will produce all of...
January 23, 2015
Europe's styrene market has made steady gains through this week on the back of renewed buying interest for prompt material as traders moved to put together cargoes for export. Trading...
December 31, 2014
Americas Styrenics says it is cutting transaction prices for all grades of polystyrene (PS) by 9 cts/lb, effective 1 January. The cut will “supersede all previously announced...
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....
December 3, 2014
Trinseo (Berwyn, PA), formerly Styron, has announced price decreases for all polystyrene (PS) and copolymer grades in Europe, effective immediately or as existing contract terms...
November 19, 2014
BASF has completed the sale of its 50% share in Styrolution to its partner, Ineos. Relevant merger control approvals have been granted. Styrolution was founded in October 2011 as a...
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