IHS Chemical Week
PLASTICS

Reliance and Sibur to build South Asia's first halogenated butyl rubber plant at Jamnagar

January 17, 2017 | Natasha Alperowicz

Reliance Sibur Elastomers Private Ltd. (RSEPL), a joint venture (JV) between Sibur (Moscow) and Reliance Industries, announced today that it will set up South Asia's first halogenated butyl rubber unit at Reliance's integrated petrochemical site at Jamnagar, India....

Neste Jacobs provides optimization software to Borealis PE plant in Finland

January 17, 2017 | Francinia Protti-Alvarez

Neste Jacobs (Porvoo, Finland) has been selected to optimize the recovery area of Borealis's Borstar-process polyethylene 2 (PE2) plant at Porvoo. The PE2 plant's distillation section was optimized with Neste Jacobs' real-time process control software, called...

Shell gets construction permit for Pennsylvania cracker project

January 13, 2017 | Clay Boswell

Shell Chemical on 11 January won approval of a conditional-use application that permits constructing its $6-billion cracker project at Monaca, Pennsylvania. Supervisors of Potter Township, which includes the project site, have approved the application on the condition Shell report monthly on noise levels during construction....

Eastman expands Avra fiber capacity in North Carolina

January 11, 2017 | Clay Boswell

Eastman Chemical has expanded capacity for the production of Avra ultrathin polyester fibers at the Yadkinville, North Carolina, manufacturing facility of partner Unifi. Eastman launched the product line, which is based on a proprietary spinning technology, in August 2016....

Petronas licenses LyondellBasell's Hostalen ACP for HDPE plant at RAPID complex

January 11, 2017 | Clay Boswell

Petronas (Kuala Lumpur, Malaysia) has chosen LyondellBasell’s Hostalen advanced cascade process for a 400,000–metric ton/year high-density polyethylene unit to be built at the Refinery and Petrochemical Integrated Development complex in Pengerang, Johor State, Malaysia....

Styrene prices highest in Asia for 18 months on tightening supply

January 6, 2017 | Sok Peng Chua

Spot styrene has reached its highest level in Asia for 18 months after jumping more than $80/metric ton in two days, IHS Chemical data show. Asia styrene closed at $1,239/metric ton CFR China on 5 January, up $41.50/metric ton on the day as prices in...

Tatneft divests stake in Nizhnekamskneftekhim

January 4, 2017 | Francinia Protti-Alvarez

Tatneft (Almetyevsk, Russia) has closed the sale of its stake in petrochemical producer Nizhnekamskneftekhim (Nizhnekamsk, Russia) to Taif (Kazan, Russia), Tatneft says. The deal value is estimated at 32 billion Russian rubles ($524 million), according to...

Petrobras closes separate divestment agreements for PTA-PET and ethanol assets

January 3, 2017 | Francinia Protti-Alvarez

Petrobras (Rio de Janeiro, Brazil), has closed two divestment agreements. Alpek (Monterrey, Mexico) will acquire Petrobras's Companhia Petroquímica de Pernambuco (Petroquímica Suape; Ipojuca, Brazil) and Companhia Integrada Têxtil de Pernambuco (Cipete; Recife, Brazil)....

Solvay completes sale of Indupa to Unipar

January 3, 2017 | Francinia Protti-Alvarez

Solvay has completed selling its 70.59% stake in chlor-alkali and polyvinyl chloride (PVC) producer Solvay Indupa to chemical group Unipar Carbocloro (São Paulo, Brazil), following the approval of the Brazilian antitrust authority CADE (Brasilia) in...

ACC: US plastic production falls 0.4% YOY in November, but rises 1.8% YTD

December 30, 2016 | Michael Ravenscroft

Production of major plastic resins in the United States amounted to 6.4 billion pounds during November 2016, a decrease of 0.4% year over year (YOY) compared with the same month in 2015, according to ACC. Year-to-date (YTD) production was 72.7 billion pounds...

Germany to ease disposal of HBCD-containing insulation panels

December 27, 2016 | Michael Ravenscroft

Germany’s government has agreed with a decision of the country’s upper chamber for a one-year moratorium on disposing insulation panels that contain hexabromocyclododecane (HBCD). The decision thereby allows for simpler disposal rules for...

Exclusive: Kuwait opts for PDH, PP and aromatics downstream from Al Zour refinery

December 23, 2016 | Natasha Alperowicz

Following feasibility studies into projects that would be built downstream from Kuwait's 620,000 barrels/day Al Zour refinery, now under construction, the country decided to build propane dehydrogenation (PDH) and polypropylene (PP) production facilities as well as its second aromatics complex, aromatics 2, CW has learned....

Plastic films maker Klockner Pentaplast files for IPO

December 22, 2016 | Vincent Valk

Rigid plastic films maker Klockner Pentaplast (Luxembourg) has filed with the US Securities and Exchange Commission (SEC; Washignton) for an initial public offering (IPO) of shares in the US. The exact value, size and timing of the share offering has not been...

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