IHS Chemical Week
ENGINEERING PLASTICS

Indorama completes acquisition of Performance Fibers Asia

6:06 AM MDT | April 2, 2015 | Clement Choo

Indorama Ventures (Bangkok) said today that it had completed the acquisition of Performance Fibers Asia (PF Asia), a premium polyester tire cord fabric producer, from Performance Fibers (Huntersville, NC). “Indorama would like to inform that it has...


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NPE2015: Styrolution anticipates demand for styrenic resins to remain strong

Styrolution, the styrenics subsidiary of Ineos, anticipates the demand for all grades of styrenic resins to experience relatively strong demand as a result of replenishment along the value chain in the short-term. In addition, the growth of the US economy...

NPE 2015: Sabic to expand polyetherimide resin capacity in North America and Europe

Sabic announced a number of investments that will deliver competitive advantages in its core product portfolio, as well as its high performance offerings, today at NPE 2015, being held in Orlando, FL. Sabic’s innovative plastics business will add a...

DuPont boosts high-performance polyamide capacity at Richmond by 10%

DuPont says it has increased production of Zytel HTN polyphthalamide (PPA), a high-performance polyamide, manufactured at its Richmond, VA facility by 10% to meet growing demand in automotive and consumer electronics markets. The Richmond site, which uses a...

Trinseo swings to loss on inventory revaluation, misses estimates

Trinseo reports a net loss for the fourth quarter of $30 million, down from a net profit of $11 million in the year-ago quarter, largely the result of inventory revaluation driven by declining crude oil prices. Sales totaled $1.12 billion, down 10% year-over-year (YOY) from $1.24 billion on lower raw material costs and currency effects. Adjusted earnings came to a loss of 48 cents/share, below analysts’ consensus estimate of a 13-cts/share loss....

Ineos to integrate Ineos ABS, Styrolution in the Americas by year-end

Ineos plans to integrate the Americas business activities of Ineos ABS into Styrolution by the end of 2015. The marketing, sales, customer service, supply chain, procurement, R&D, human resources, and manufacturing functions of the two businesses will be merged, says Ineos....

Solvay selects the United States for its second global PEEK plant

Solvay said today that it is building a new poly(ether ether ketone) (PEEK) plant in the United States, more than doubling capacity for this high-performance engineering polymer and solidifying the company's position as an industry leader present both in the...

Uhde Inventa-Fischer signs contract to build nylon-6 plant in Poland

Uhde Inventa-Fischer, a member of ThyssenKrupp Industrial Solutions, said today that it has been awarded a major contract from the chemical group Grupa Azoty (Tarnow, Poland) to build a nylon-6 plant. The multiline plant will be built at the company's Tarnow...

Bayer to reorganize life sciences businesses after BMS separation

Bayer is planning to reorganize its life science businesses, which include its health-care and crop science businesses, in anticipation of the separation of Bayer MaterialScience (BMS), which expected by early 2016, reports say. BMS, Bayer’s...

Victrex reports strong quarterly growth buoyed by consumer electronics

Victrex (Thornton Cleveleys, UK), a producer of high-performance polymers, including polyether ether ketone, today announced its first-quarter interim management statement ahead of its annual general meeting being held this morning. Overall, Victrex has seen...

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