IHS Chemical Week

Archives :: Markets :: Plastics :: Polyvinyl chloride

Displaying 1 - 20 of 335 stories.
January 29, 2016
Westlake Chemical’s (Houston) $2.9-billion bid for Axiall (Atlanta) is low, says analyst Hassan Ahmed of Alembic Global Advisors (New York). Although the $20/share offer represents a premium over 100%, Axiall has been deeply undervalued by the stock market, Ahmed says....
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Westlakes-initial-offer-for-Axiall-a-low-ball-bid-Alembic-says_76815.html
January 29, 2016

Westlake Chemical (Houston) says its $2.9-billion bid to acquire Axiall (Atlanta) has been “summarily rejected” by the Axiall board of directors. The combination would create North America’s second-largest producer of polyvinyl chloride, with 23% of the market’s 8.9 million m.t./year of production capacity. 

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http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Axiall-board-rejects-Westlakes-$2-9-billion-bid_76811.html
January 29, 2016
Lubrizol has announced the official opening of a chlorinated polyvinyl chloride (CPVC) compounding plant at Dahej, India. The project forms part of Lubrizol's latest investments in its...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Lubrizol-inaugurates-CPVC-compounding-plant-in-India_76804.html
January 8, 2016
This year, polyethylene (PE) supply will grow 3.7 million m.t. more than demand, causing operating rates to drop in every region, IHS Chemical says. The economic developments of...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Outlook-plastics-China-still-driving-growth_76295.html
December 1, 2015
Production activities at Braskem's steam cracker at Santo Andre, Brazil, part of the Grande ABC chemical cluster in São Paulo State, have resumed, the company says. As a result...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Braskems-cracker-at-Grande-ABC-cluster-restarts_75512.html
November 23, 2015
The Japan Bank for International Cooperation (JBIC; Tokyo) signed a loan agreement amounting up to $500,000 with Sun Ace Brasil Industria Quimica e Comercio (Sabi; Sumare, Brazil), the...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Japanese-banks-to-finance-Sun-Ace-PVC-stabilizer-production-facility-in-Brazil_75413.html
November 3, 2015
Westlake Chemical (Houston) reports third-quarter net income of $184 million, up 9.5% year-on-year (YOY) on the one-time boost of a lower effective tax rate, which offset the effects of maintenance outages. Sales totaled $1.19 billion, down 5.2% YOY on lower sales prices, partially offset by higher sales volume, the company says....
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Westlake-earnings-up-9-5-percent-YOY-on-tax-rate-sales-down-5-2-percent_74928.html
October 29, 2015
Vinnolit (Ismaning, Germany), a subsidiary of Westlake Chemical, has appointed Karl-Martin Schellerer as managing director, effective 1 November. Schellerer will take the helm on the...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Vinnolit-appoints-new-managing-director_74778.html
September 17, 2015
Inovyn, the equally owned chlorvinyls joint venture between Ineos and Solvay, says it will permanently close its polyvinyl chloride (PVC) plant at Schkopau, Germany. Production at the...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Inovyn-to-permanently-close-PVC-plant-in-Germany_73712.html
August 12, 2015
International Chemical Investors Group (ICIG; Frankfurt) has announced the completion of its acquisition of certain chlorvinyls assets from Inovyn, the polyvinyl chloride (PVC) joint...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/ICIG-completes-acquisition-of-Vynova-appoints-new-management-team_72674.html
July 31, 2015
Kem One Group SAS (Lyon, France), jointly owned by private equity firm OpenGate Capital and Alain de Krassny, has acquired Kem One Innovative Vinyls from The Klesch Group. Details of...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Kem-One-SAS-acquires-Kem-One-Innovative-Vinyls-from-Klesch-Group_72640.html
July 31, 2015
The European Commission has given the green light to the French government to release €125 million ($138.1 million) in state aid to chlor-alkali and polyvinyl chloride (PVC)...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/European-Commission-approves-French-state-aid-to-Kem-One_72476.html
July 20, 2015
Hanwha Chemical (Seoul) has merged its Hanwha Compound and Hanwha Next subsidiaries under the Hanwha Compound business, according to local news reports. The combined entity will...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Reports-Hanwha-Chemical-merges-compound-business-units_72308.html
July 15, 2015
Westlake Chemical says that Karl-Martin Schellerer has joined the company as v.p. and general manager ofVinnolit. On 1 November, Schellerer will become managing director of Vinnolit, replacing Josef Ertl, who will retire, Westlake says....
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Westlake-names-head-of-Vinnolit_72166.html
July 9, 2015
Hanwha Chemical (Seoul) has declared force majeure at its 280,000-m.t./year polyvinyl chloride (PVC) facility at Ulsan, South Korea. The plant has been shut down and PVC exports...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Hanwha-declares-force-majeure-on-PVC-at-Ulsan-market-firms-slightly-on-speculative-buying_72005.html
July 6, 2015
Hanwha Chemical's  (Seoul) 280,000-m.t./year polyvinyl chloride plant at Ulsan, South Korea, is still running, albeit at reduced rate, a company source tells IHS Chemical. An...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Hanwhas-PVC-plant-at-Ulsan-running-at-reduced-rate-after-accident_71890.html
July 3, 2015
An explosion occurred today at a plant belonging to Hanwha Chemical at Ulsan, South Korea, that left six people dead and one person injured, local media reports say. The blast happened...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Reports-Explosion-at-Hanwha-Chemical-PVC-plant-leaves-six-dead-one-injured_71867.html
July 1, 2015
BASF has sold its 25% stake in the SolVin polyvinyl chloride (PVC) joint venture to its partner, Solvay. The deal closed today—financial details of the transaction have not been...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/BASF-exits-SolVin-PVC-JV-Solvay-Ineos-launch-Inovyn_71808.html
June 9, 2015
The European Commission on Tuesday approved International Chemical Investors Group (ICIG)'s proposed acquisition of a group of chlorovinyls businesses belonging to Ineos. In...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/EU-clears-Solvay-and-Ineos-Inovyn-JV-acquisition-of-some-Ineos-assets-by-ICIG_71103.html
June 2, 2015
India has levied antidumping duties on acrylic fiber imports from Thailand and South Korea for five years, effective 1 June, the Ministry of Finance (New Delhi) says. Depending on...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/India-slaps-dumping-duties-on-acrylic-fibers-from-Thailand-and-South-Korea-for-5-years_70922.html
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