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April 15, 2011
Indorama Ventures (Bangkok) says it will boost polyethylene terephthalate (PET) capacity in Europe by a total of 220,000 m.t./year. The company operates five PET plants in Europe...
April 15, 2011
Methanex has begun the restart of its 470,000-m.t./year methanol plant at Medicine Hat, AB, market players say. The unit was idled in 2001 following a spike in natural gas feedstock...
April 15, 2011
Perstorp (Perstorp, Sweden) says it will continue with its previously delayed plans to build a valeraldehyde plant at its Stenungsund, Sweden facility. The company announced in 2007...
April 1, 2011
The North American ethylene industry is expected to remain strong through 2015 as ethane cracking continues to have a significant cost advantage over naphtha cracking, giving producers...
April 1, 2011
LyondellBasell says its Bayport Polymers Plant at Pasadena, TX will receive the 2010 Distinguished Safety Award from the National Petrochemical and Refiners Association (NPRA...
April 1, 2011
Several U.S. caustic soda producers have announced a $60/ton increase on contract material, effective immediately. Market players say they are not surprised given the recent volatility...
March 25, 2011
A surge in supply from unconventional gas sources will keep North American natural gas prices low relative to crude oil through at least 2015, Bill Sanderson, president and CEO of...
March 25, 2011
The global caustic soda market is expected to tighten as a result of the recent earthquake and tsunami in Japan, players say. Several major facilities located near the affected zone...
March 25, 2011
SNC-Lavalin says it has been contracted by BHP Billiton (Melbourne) to build a project hub, manage feasibility studies, and perform engineering, procurement, and construction...
March 18, 2011
Lanxess plans to build a 20,000 m.t./year compounding facility for engineering plastics at Gastonia, NC, part of a €75 million ($105 million) investment program in its...
March 18, 2011
The outlook for the North American polyester textile filament market is positive as demand increases due to recovery in end-use markets, says Michael Bermish, senior consultant at PCI...
March 18, 2011
Westlake Chemical says its founder and former chairman, Ting Tsung “T. T.” Chao as been selected for posthumous induction into the Plastics Hall of Fame by the Plastics Academy...
March 11, 2011
Invista says it will move forward with previously announced plans to build a nylon-6,6 intermediates and polymers complex at Shanghai with start-up expected in 2014. The plant will use...
March 11, 2011
Celanese says it increased the price of acetic acid, acetic anhydride, vinyl acetate monomer (VAM), and ethyl acetate on March 1, or as contracts allow. Acetic acid increased by...
March 11, 2011
Average U.S. chlor-alkali operating rates rose 7 percentage points in January 2011, to 92%, according to the latest statistics reported by the Chlorine Institute (Arlington, VA). Total...
March 11, 2011
Limited supply and strong demand pushed North American butadiene contracts over the $1/lb level for the month of March, to $1.04/lb, market sources say. The settlement represents a 6%...
February 25, 2011
North American ethylene prices spiked in the wake of Enterprise Product Partners’ outage at its Mont Belvieu, TX natural gas storage facility. Supply constraints drove spot ethylene...
February 25, 2011
Huntsman says it will expand polyetheramine capacity by 40,000 m.t./year at Jurong Island, Singapore. The expansion will cost about $70 million and will bring capacity to about 56,000...
February 25, 2011
Braskem says it has restarted two ethylene units at its Camaçari petrochemicals complex at Bahia, Brazil, after the plants went offline in early February due to an unexpected power...
February 25, 2011
Celanese says it will expand ethylene vinyl acetate (EVA) capacity by about 15% at its Edmonton, AB facility in the second half of 2011 due to strong demand growth. Global EVA...
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