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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
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
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