IHS Chemical Week

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Displaying 61 - 80 of 291 stories.
June 19, 2013
Shin-Etsu says its US subsidiary Shintech will invest $500 million to expand chlor-alkali, vinyl chloride monomer, and polyvinyl chloride at production sites in Louisiana. Project completion is targeted for 2015....
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Shin-Etsu-to-invest-$500-million-to-boost-US-vinyls-capacity_52911.html
June 19, 2013
Tessenderlo Group (Brussels) has completed the previously announced sale of its compounding activities to Mitsubishi Chemical, Tessenderlo announced today. The sale comprises 4...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Tessenderlo-completes-sale-of-compounding-activities-to-Mitsubishi-Chemical_52909.html
June 17, 2013
Kem One (Lyon, France), the former vinyls business of Arkema, says that seven potential buyers have expressed an interest in acquiring the firm's assets currently in receivership...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Kem-One-receives-7-letters-of-interest-from-potential-buyers_52859.html
June 13, 2013
The deadline for bids to acquire debt-ridden vinyls producer Kem One (Lyon, France) is tomorrow. A decision on the bids is expected in early July. Kem One went into receivership on 27...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Deadline-for-bids-to-buy-Kem-One-is-imminent_52807.html
May 21, 2013
Ineos and Solvay have confirmed CW’s exclusive report that they are forming a vinyls joint venture (CW, May 6, p. 7)....
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Ineos-and-Solvay-confirm-plans-for-vinyls-JV-Solvay-to-exit-PVC_52087.html
May 17, 2013
Mexichem (Tlalneplantla, Mexico) has received clearance from FTC—and its equivalent body in Germany—for Mexichem's acquisition of the polyvinyl chloride (PVC) specialty...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Mexichem-cleared-to-acquire-PolyOnes-specialty-PVC-assets-bidding-for-Solvays-Indupa-assets_52133.html
May 15, 2013
Arkema's first-quarter adjusted net income contracted by 21.1% from €123 million ($159.7 million) in the first quarter of 2012, to €97 million, the company announced today...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Arkemas-first-quarter-net-income-shrinks-by-21-1-percent-on-mixed-economic-environment_52011.html
May 10, 2013
Indebted petrochemical producer Oltchim (Râmnicu Vâlcea, Romania), will lay off a quarter of its staff starting next week, according to reports in the Romanian press. About...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Report-Romanias-Oltchim-to-lay-off-25-percent-of-its-staff_51883.html
May 9, 2013
Braskem's first quarter earnings totaled R$227 million ($113 million), up 49% year-over-year (YOY) from R$152 million, but down 18% sequentially from R$275 million in the fourth quarter of 2012....
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Braskem-first-quarter-net-income-up-49-percent_51886.html
May 8, 2013
Axiall on Tuesday reported adjusted net income for the quarter totaled $45.1 million, up 63% year-on-year (YOY) from $27.6 million. Adjusted earnings per share were 75 cts/share...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Axiall-reports-first-quarter-net-income-of-$45-million-misses-estimates_51857.html
May 7, 2013
(This story has been corrected. An earlier version stated that Westlake's first quarter net income increased by 190% YOY, whereas the actual increase was 40%. We regret the...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Westlake-earnings-leap-40-percent-YOY-beat-street-estimate-corrected_51768.html
May 3, 2013

A fire at an ethylene purification unit at Formosa Plastics’ complex at Point Comfort, TX yesterday, injured 14 people. Eight of the injured have been treated and released as of Friday morning, according to a company spokesperson. 

The fire occurred in an ethylene purification area near the site’s “PE 1” high-density polyethylene (HDPE) production unit. 

...

http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Fire-injures-14-at-Formosas-Point-Comfort-TX-site_51743.html
April 30, 2013
CW has learned that Ineos is at an advanced stage of discussions with an unnamed party to transfer the Kerling chlor-vinyls business into a joint venture, which would become one of the...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Ineos-to-hive-off-vinyls-into-joint-venture-Rafnes-cracker-to-stay-with-Ineos_51595.html
April 30, 2013
Mexichem (Tlalnepantla, Mexico) reports a net profit of 836 million Mexican pesos ($69 million) during the first quarter of this year, down 54% from the peso1.8 billion reported during...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Mexichems-net-profit-drops-54-percent-during-the-first-quarter_51593.html
April 29, 2013
VinylPlus, the European polyvinyl chloride (PVC) industry's sustainable development program, recorded 362,076 m.t. of PVC recycled last year, keeping it on track to meet the challenge...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/VinylPlus-on-track-to-meet-2020-PVC-recycling-targets_51551.html
April 24, 2013
Brazil has proposed a set of tax cuts to boost its petrochemical sector and ethanol sector, according to a statement from the Finance Ministry (Brasilia) issued on Wednesday...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Brazil-proposes-measures-to-stimulate-the-petrochemical-and-ethanol-industries_51399.html
April 17, 2013
State-owned energy company Pertamina (Jakarta) has confirmed the selection of PTT Global Chemical (PTTGC; Bangkok) as its partner in a previously announced petrochemical complex on the island of Java, Indonesia....
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Pertamina-confirms-PTT-as-partner-in-$5-billion-complex_51082.html
April 15, 2013
The government of Ukraine has signed a memorandum of understanding (MOU) with Lukoil (Moscow) to restart production at Karpatnaftokhim, Lukoil's  polyvinyl chloride (PVC)...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Ukraine-PVC-plant-to-restart-following-agreement-between-government-and-Lukoil_51157.html
April 10, 2013
Beleaguered polyvinyl chloride (PVC) producer Kem One (Lyon, France) has secured funding that it says will enable the company to continue operating under the terms of its receivership...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Kem-One-secures-funding-to-continue-operating-under-terms-of-receivership_51021.html
April 4, 2013
International Process Plants (IPP; Hamilton, NJ) says it has put  former Vinyls Italia assets at Porto Marghera and Porto Torres, Italy up for sale. The facilities, owned earlier...
http://www.chemweek.com/markets/plastics/polyvinyl_chloride/Former-Vinyls-Italia-plants-at-Porto-Marghera-and-Porto-Torres-up-for-sale_50946.html
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