IHS Chemical Week

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December 17, 2009
Kraton Polymers commenced its IPO today, offering over 10 million shares at $13.50/share, the company says. About $139 million will be raised as a result of the IPO. The shares are...
http://www.chemweek.com/markets/plastics/polystyrene/Kraton-Polymers-IPO-Underway_23596.html
November 27, 2009
BASF declined to comment on recent press reports that it is in talks to form a styrenics joint venture prior to exiting the market. The company is in early discussions with...
http://www.chemweek.com/markets/plastics/polystyrene/BASF-Ponders-Styrenics-JV-Prior-to-Exiting-the-Business_23000.html
October 29, 2009
ENI (Rome), Europe's energy major, says its petrochemicals business, comparising mainly its Polimeri Europa (Milan) subsidiary, has continued to report losses at both...
http://www.chemweek.com/markets/plastics/polystyrene/ENIs-Petchem-Business-Continues-to-Report-Losses_22403.html
September 20, 2009
It is the latest in a series of PS closures to be announced in Europe this year....
http://www.chemweek.com/markets/plastics/polystyrene/Ineos-Nova-to-Close-PS-Plant-in-the-Netherlands_21427.html
September 17, 2009
Qatar Intermediate Industries Holding Co. (Doha) and Honam Petrochemical Corp. are trying to revive their previously announced petrochemicals joint venture project at Mesaieed, Qatar...
http://www.chemweek.com/markets/plastics/polystyrene/Honam-and-Qatari-Partners-Enlarge-Scope-of-Mesaieed-Project_20161.html
September 15, 2009
BASF says it will sell its Brazilian polystyrene (PS) business to Companhia Brasileira de Estireno (CBE), a subsidiary of Unigel (Sao Paulo). The deal includes BASF’s...
http://www.chemweek.com/markets/plastics/polystyrene/BASF-Sells-Brazilian-Polystyrene-Business_21388.html
September 7, 2009
Huntsman says it has completed an internal review of the styrenics operations owned by Huntsman Chemical Company Australia (West Footscray, Australia), and has decided to close the...
http://www.chemweek.com/markets/plastics/polystyrene/Huntsman-to-Close-Styrenics-Operations-in-Australia_21259.html
August 6, 2009
Asahi Kasei Chemicals (AKC), an Asahi Kasei subsidiary, confirming an earlier report by CW, says that Mitsubishi Chemical will transfer its shares in PS Japan (Tokyo), a polystyrene...
http://www.chemweek.com/markets/plastics/polystyrene/Mitsubishi-to-Sell-Stake-in-Polystyrene-Joint-Venture-Exit-Business_20618.html
August 6, 2009
BASF says that it will sell its styrene monomer plant at Ulsan, Korea, which has been idled since October 2008, to SK Energy (Seoul). The sale includes the 320,000-m.t./year styrene...
http://www.chemweek.com/markets/plastics/polystyrene/BASF-to-Sell-Styrene-Site-in-Korea-to-SK-Energy_20548.html
August 3, 2009
Teijin recorded a net loss ¥18 billion ($186 million) for the first quarter ended June 30, 2009, compared with a net profit of ¥2.7 billion in the corresponding period of the...
http://www.chemweek.com/markets/plastics/polystyrene/Teijin-Reports-First-Quarter-Loss-Announces-Restructuring-Plans_20551.html
July 27, 2009
The Styrene Information Research Center (SIRC), and industry group, says it has sued to block California from listing styrene as a “chemical known to cause cancer” under...
http://www.chemweek.com/markets/plastics/polystyrene/Styrene-Industry-Sues-to-Block-Prop-65-Listing_20423.html
June 25, 2009
BASF says it will permanently close a polystyrene (PS) plant at the company’s Ludwigshafen site by June 30, due to a decrease in demand for PS. This move will reduce BASF’s...
http://www.chemweek.com/markets/plastics/polystyrene/BASF-to-Close-PS-Plant-at-Ludwigshafen_19764.html
June 12, 2009
Global demand for basic polymers—polyethylene (PE), polypropylene (PP), and polystyrene (PS)—is not expected to rise much, if at all, this year. Producers cite buyer...
http://www.chemweek.com/markets/plastics/polystyrene/Plastics-Waiting-for-an-Upturn_19505.html
June 12, 2009
Dow Chemical says its basic plastics business strategy has not changed, despite the economic downturn and collapse of its proposed petrochemical joint venture, K-Dow, with...
http://www.chemweek.com/markets/plastics/polystyrene/Dows-Basic-Plastics-Weathers-Economic-Storm_19507.html
June 12, 2009
BASF says that it will shut down its expandable polystyrene (EPS) plant at Tarragona, Spain and that 85 jobs will be cut as a result of the closure. The plant has become uneconomical...
http://www.chemweek.com/markets/plastics/polystyrene/BASF-to-Close-EPS-Plant-in-Spain_19472.html
May 29, 2009
Dow Chemical says it will permanently close its polystyrene (PS) plant at Bilbao, Spain in the third quarter, due to decreased demand and depressed margins for the product in Europe...
http://www.chemweek.com/markets/plastics/polystyrene/Dow-to-Close-PS-Plant-in-Spain_19222.html
May 28, 2009
Dow Chemical says it will permanently close its polystyrene (PS) plant at Bilbao, Spain in the third quarter of 2009 due to decreased demand and depressed margins for PS in Europe...
http://www.chemweek.com/markets/plastics/polystyrene/Dow-to-Close-Polystyrene-Plant-in-Spain_19200.html
May 1, 2009
Palo Alto, CA has voted to ban the use of polystyrene (PS) in take-out food packaging. The ban, which goes into effect April 22, 2010, applies to PS products including bowls, cartons...
http://www.chemweek.com/markets/plastics/polystyrene/U-S-City-Votes-to-Ban-PS_18609.html
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