Eastman Chemical has filed a lawsuit in the U.S. District Court for the District of Delaware against DAK Americas over their unauthorized use of Eastman’s IntegRex technology for manufacturing polyethylene terephthalate...
TPG Capital (Fort Worth, TX), one of the half a dozen private equity bidders to acquire Dow Chemicals' $4.5 billion-$5 billion/year Styron styrenics operation, has emerged as the favorite to win the auction, according to several reports. An announcement of the...
Ineos ChlorVinyls, an Ineos subsidiary, says it will stop producing polyvinyl chloride (PVC) at its Barry, U.K. plant due to declining demand. Production will cease by the end of the second...
Artek Surfin Chemicals (Artek; Mumbai) has partnered with private equity firm Aterian Investment Partners (New York) to acquire Chemtura’s polyvinyl chloride (PVC) additives business. The purchase price is $16.2 million in cash, and the assumption by...
LyondellBasell has told trade unions in Italy that it plans to close its 255,000-m.t./year, Spheripol-process polypropylene (PP) plant at Terni, north of Rome, before the end of this year. The plant has about 120 direct employees. The company says in a...
Invista, the fibers subsidiary of Koch Industries (Wichita, KS), says it will stop producing purified terephthalic acid (PTA) at its Wilmington, NC facility by mid-March because market economics favor purchasing PTA rather than producing it. The company also...
Ineos ChlorVinyls, an Ineos subsidiary, says it will stop producing polyvinyl chloride (PVC) at its Barry, U.K. plant due to declining demand for PVC. Production will cease by the end of the second quarter, Ineos ChlorVinyls says. The company will continue to...
The global growth in the petrochemicals market is driven by Asia, especially by China and India, and new investments will also be mainly in Asia, say speakers at the final day of the Third Annual India Chemical Industry Outlook Conference in Mumbai...
The plants will form part of a major chemical complex....
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