IHS Chemical Week

PTS opens new location in Mexico

November 16, 2016 | Francinia Protti-Alvarez

Polymer Technology & Services (PTS; Murfreesboro, Tennessee) has opened a new location at Guadalajara, Mexico. The country has become a prime candidate for expanding engineering resins with the recent influx, expansion, and investment of many...

LG Chem to double capacity of ABS JV in China, become majority shareholder

November 7, 2016 | Ian Young

LG Chem says it will invest $100 million to double the capacity of an acrylonitrile butadiene styrene (ABS ) joint venture (JV) at Huizhou, China, and LG Chem will increase its stake in the JV. Capacity of the JV will increase from 150,000 metric tons/year...

Report: Private equity firms among bidders for Solvay's Acetow, nylon businesses

November 4, 2016 | Francinia Protti-Alvarez

Private equity firms Blackstone and Platinum Equity are among the potential buyers of Solvay's Acetow business, according to a Reuters report. Final bids for Acetow are due by 14 November, the report says. Solvay is also receiving bids for its nylon business...

AdvanSix extends ammonia turnaround two weeks, expects impact on nylon 6 production

October 31, 2016 | Clay Boswell

Nylon 6 producer AdvanSix (Morris Plains, New Jersey) is extending ongoing fourth-quarter turnaround activities by two weeks to correct a problem discovered during inspection of its 600,000 metric ton/year ammonia plant at Hopewell, Virginia. The ammonia turnaround, which began on 17 October, was scheduled to finish in 20 days, on 6 November, but the additional two weeks push completion out to 20 November....

Covestro's third-quarter sales flat, but profit jumps on higher volumes, margins

October 25, 2016 | Michael Ravenscroft

The trend has continued from the first half of the year, Covestro says....

Arkema to expand PVDF capacity in China

October 24, 2016 | Ian Young

Arkema has announced plans to increase capacity by 25% for polyvinylidene fluoride (PVDF) at Changshu, China, near Shanghai. The project will help Arkema to meet strong demand from batteries and photovoltaics, and for water-treatment applications, the company...

Covestro expects polycarbonate business to grow fast

October 22, 2016 | Natasha Alperowicz in Düsseldorf

Covestro expects the polycarbonate business, one the company's three main operations, to grow rapidly on the back of global mega trends, lightweghting of cars, and demand from the electronics industry....

BASF raises North America price of caprolactam and polyamides

October 21, 2016 | Clay Boswell

BASF says it will increase the price of caprolactam and polyamide in North America by $0.05/lb on 1 November. The move follows recent increases in the price of feedstock benzene....

Braskem targeting new applications, Asian market with new UHMWPE plant

October 21, 2016 | Clay Boswell

Earlier this month, Braskem commissioned a new ultrahigh molecular weight polyethylene (UHMWPE) production plant in La Porte, Texas. The investment is the latest in a series of steps Braskem has taken to deepen its presence in US and European markets for UHMWPE; to enter growing, high-value application segments; and begin supplying the product to customers in Asia, says Christopher Gee, director of Braskem's UTEC brand....

K 2016: Evonik committed to performance materials business

October 20, 2016 | Francinia Protti-Alvarez in Düsseldorf

Evonik says at the K trade fair it does not plan to partner or sell its performance materials business despite announcing a review of the business last year....

K 2016: Trinseo to expand S-SBR capacity, announcement coming

October 20, 2016 | Francinia Protti-Alvarez in Düsseldorf

Trinseo says its synthetic rubber production has been sold out for the last two years, and customers have expressed a desire for additional capacity. Whether the new capacity will be built in Asia or Europe remains to be seen, but the company expects to...

K 2016: Solvay to build nylon compounding unit in Mexico

October 20, 2016 | Francinia Protti-Alvarez

Solvay is building a nylon compounding unit at San Luis Potosi╠ü, Mexico, with initial annual capacity of 10,000 metric tons, the company announced during the K 2016 trade fair, being held in Düsseldorf, Germany. The facility is expected to start up in...

Covestro unveils prototype polycarbonate electric vehicle at K

October 18, 2016 | Natasha Alperowicz in Dusseldorf

Covestro, on day zero of K, the triennial plastics trade fair taking place in Dusseldorf, outlined some of the innovations it is working on, including a prototype electric SUV with a large proportion of its body made of polycarbonate (PC)....

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