IHS Chemical Week

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December 1, 2010
BASF and Ineos announced today that they have agreed to to combine their global styrenics operations into a new equally owned joint venture, Styrolution whose combine sales will be in...
http://www.chemweek.com/markets/plastics/polystyrene/BASF-and-Ineos-Combine-Styrenics-Businesses-into-a-$6-6-Billion-Company_31262.html
October 7, 2010
BASF says it will carve out its styrenics business into a separate company, Styrolution (Ludwigshafen), "to make the business even more viable for the future." The company...
http://www.chemweek.com/markets/plastics/polystyrene/BASF-Carves-out-Styrenics-Business-Prior-to-Eventual-Exit_30019.html
July 1, 2010
European antitrust authorities approved today the acquisition by Total Petrochemicals of Polimeri Europa's styrenic lines at Feluy, Belgium. "The Commission's investigation showed...
http://www.chemweek.com/markets/plastics/polystyrene/EU-Clears-Totals-Acquisition-of-Belgian-PS-Units_27779.html
May 28, 2010
Chávez sought Clark Inciarte's resignation but gave him his job back a week later after receiving a detailed report showing the resins price increase was justified. Chávez says officials at state-owned companies must obtain his authorization before increasing prices. Venezuela's January 2010 currency devaluation and years without any increases for resins made the 45% rise necessary, executives say....
http://www.chemweek.com/markets/plastics/polystyrene/Chavez-Reinstates-Pequiven-President-After-Polyolefins-Pricing-Controversy_27078.html
May 13, 2010
APIC 2010Chemical industry executives are gathering in Mumbai for what could be the largest Asia Petrochemical Industry Conference (APIC) yet....
http://www.chemweek.com/markets/plastics/polystyrene/APIC-Attracts-Biggest-Ever-Crowd_26611.html
May 5, 2010
Honam Petrochemical (Seoul), following months of speculation, has confirmed that it is out of a previously announced multi-billion dollar petrochemical joint venture project at...
http://www.chemweek.com/markets/plastics/polystyrene/Honam-Petrochemical-Confirms-Exit-from-Qatar-Project_26545.html
May 5, 2010
Ineos Nova International today called force majeure on deliveries of all its general purpose polystyrene (GPPS) grades and its expandable polystyrene (EPS) packaging grades from its...
http://www.chemweek.com/markets/plastics/polystyrene/Ineos-Nova-Declares-Force-Majeure-on-Polystyrene-Due-to-Strike_26544.html
May 4, 2010
India will need to invest about $10 billion through 2016 to meet the huge increase in demand for plastics, according to Kamal P. Nanavaty, president cracker, polymers and chemicals...
http://www.chemweek.com/markets/plastics/polystyrene/India-Needs-to-Invest-$10-Billion-to-Meet-Growth-in-Plastics-Demand_26521.html
March 2, 2010
TPG Capital (Fort Worth, TX), one of the half a dozen private equity bidders to acquire Dow Chemicals' $4.5 billion-$5 billion/year Styron styrenics operation, has emerged as the...
http://www.chemweek.com/markets/plastics/polystyrene/TPG-Likely-to-Win-Bidding-for-Dows-Styron_25102.html
January 11, 2010
NEW YORK, January 11, 2010 – Access Intelligence (News) (AI), owners of SRI Consulting (chemical.ihs.com) Chemical Week (CW) (www.chemweek.com) and Chemical Engineering...
http://www.chemweek.com/markets/plastics/polystyrene/Access-Intelligence-Chemical-Division-to-finalize-acquisition-of-Maack-Business-Services-_24049.html
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
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