IHS Chemical Week

Archives :: Markets :: Plastics :: Polyvinyl chloride

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August 8, 2016
Axiall Corp. (Atlanta, Georgia) says a year-over-year (YOY) decline in selling prices cut into the second-quarter sales and profitability of both its chlorovinyls segment and building products segment. The company reports an overall second-quarter net loss of $27.8 million, down from the net profit of $20.6 million in the year-ago period. Net sales totaled $776.1 million, down 11% YOY. Adjusted earnings fell 75%, to $0.12 per share, well ahead of the average analyst estimate of $0.01 per share, as compiled by Thomson Reuters (New York)....
August 4, 2016
Braskem consolidated net income in the second quarter of the year amounted to 281 million reais ($86.14 million) contracting 73% year over year (YOY).  Quarter-two adjusted EBITDA stood at 3.01 billion reais, up 15% YOY, and earnings per share fell from 1.38 reais to 0.52 real. Consolidated net revenue totaled 11.87 billion reais up 3% YOY....
August 3, 2016
Innovyn: Vinyls results on the downswing. Inovyn Ltd., a European chlor-alkalis and vinyls producer wholly owned by Ineos, has reported a major drop in second-quarter earnings and...
July 18, 2016
Westlake Chemical Corp. (Houston, Texas) is restarting its Calvert City, Kentucky, complex, which has been offline for over six weeks. The company estimates a $40 million impact divided between second- and third-quarter financial results....
July 15, 2016
Argentina's market regulator CNV (Buenos Aires) has rejected Unipar Carbocloro's (São Paulo, Brazil) $202-million offer to acquire Solvay's majority stake in Solvay Indupa...
July 7, 2016
Solvay has completed the divestment of its shareholding in Inovyn (London), bringing to an end Solvay's chlorvinyls joint venture with Ineos, Solvay announced today. Solvay received...
June 30, 2016
Private equity firm OpenGate Capital (Los Angeles, California) says that it has completed the previously announced acquisition of Alfatherm S.p.A. (Varese, Italy), a manufacturer of...
June 30, 2016
Asahi Glass Co. Ltd. (Tokyo) says that it has changed the name of its subsidiary Phu My Plastics & Chemicals Co. Ltd. (PMPC), located in the Cai Mep industrial zone in Ba Ria-Vung...
June 21, 2016
TCI Sanmar Chemicals (Port Said, Egypt), a subsidiary of the Sanmar Group (Chennai, India), has awarded a contract to Jacobs to provide detailed engineering and procurement assistance...
June 20, 2016
Private equity firm OpenGate Capital (Los Angeles) says that it has agreed with Emerald and PM & Partners, the shareholders and  debt holders for the acquisition of Alfatherm...
June 13, 2016
​Petrochemicals producer Unipetrol (Prague), a member of the PKN Orlen Group (Płock, Poland), has announced the signing of a contract with Anwil (Włocławek, Poland) to acquire...
June 10, 2016
Westlake Chemical has agreed to acquire Axiall for $33.00 share–65% more than Westlake originally offered–in an all-cash transaction that values Axiall at about $3.8 billion. The companies say the transaction has been unanimously approved by the boards of both companies, and it is expected to close by the fourth quarter....
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