IHS Chemical Week
PLASTICS

Alberta approves C$500 million in credits for two PDH projects

December 5, 2016 | Clay Boswell

The government of Alberta has approved two propane dehydrogenation (PDH) projects for royalty credits under the province’s Petrochemical’s Diversification Program (PDP). A C$4 billion integrated propylene-polypropylene facility proposed by Pembina Pipeline Corporation and Petrochemical Industries Company (PIC) would receive credits of up to C$300 million. A C$1.85 billion propylene plant proposed by Inter Pipeline would receive credits of up to $C200 billion. Both projects remain in the planning phase....

Container terminal at Petkim complex to start operations this week

December 5, 2016 | Francinia Protti-Alvarez

Petlim Limancılık Ticaret , a Petkim (Aliaga, Turkey) subsidiary, says that the first phase of an 800,000 twenty-foot equivalent unit (TEU) container terminal at Aliaga has been completed. The terminal is expected to reach a capacity of 1.5 million TEU...

Thyssenkrupp signs PET plant contract in Russia

December 5, 2016 | Natasha Alperowicz

Thyssenkrupp Industrial Solutions (Essen, Germany), an engineering and construction firm, has agreed with the Russian joint stock company Polyester Plant Ivanovo to build a new polyethylene terephthalate (PET) polymer and staple fiber production plant....

Gurit acquires BASF's PET business

December 1, 2016 | Natasha Alperowicz

Gurit (Zurich, Switzerland), a developer and producer of composite materials, announced Thursday it has acquired BASF's polyethylene terephthalate (PET) structural foam business for an undisclosed sum....

SABIC completes divestment of Polymershapes to Blackfriars

December 1, 2016 | Clay Boswell

SABIC has completed the sale of Polymershapes (Huntersville, North Carolina) to investment firm Blackfriar Corp., which says the business, a distributor of plastic sheet, rod, tube, film, and related products, is now operating as a standalone company. The deal, announced in September, was closed on 28 November. Financial terms were not disclosed....

Mitsubishi Heavy Industries to supply systems for ExxonMobil's Beaumont PE project

November 30, 2016 | Francinia Protti-Alvarez

Mitsubishi Heavy Industries (MHI; Tokyo, Japan) will supply systems to support a previously anounced polyethylene (PE) project for ExxonMobil Chemical at Beaumont, Texas. MHI will supply the reaction, finishing, and shipping equipment for the plant, as well...

Borealis studies melamine JV in Algeria

November 30, 2016 | Ian Young

Borealis says it has signed an agreement with Asmidal (Annaba, Algeria) to evaluate opportunities to develop jointly a melamine production project in Algeria. A feasibility study will be carried out in the coming months and a final investment decision is...

Mexichem acquires UK-based Vinyl Compounds Holdings

November 28, 2016 | Clay Boswell

Mexichem has acquired Vinyl Compounds Holdings, a producer of technical polyvinyl chloride compounds with annual revenue of about $40 million. Terms of the deal have not been released....

Exclusive: Abu Dhabi to double petchems capacity, enter aromatics, build Borouge 4 based on liquid cracker, new export refinery

November 27, 2016 | Natasha Alperowicz in Dubai

Abu Dhabi has embarked on an expansion plan that includes doubling petrochemical capacity, entering the aromatics business, and building an export-oriented refinery....

BASF takes Ludwigshafen TDI plant offline following 'technical defect'

November 23, 2016 | David Potter

BASF has taken its 300,000-metric tons/year toluene diisocyanate (TDI) plant at Ludwigshafen, Germany, offline due to a “technical defect,” a company statement confirmed Wednesday. “Production in the TDI plant at the BASF site in...

Sasol inaugurates propylene and PP expansion project in South Africa

November 22, 2016 | Natasha Alperowicz

Sasol (Johannesburg) has completed its propylene expansion project at Secunda, South Africa as well as the debottlenecking of its existing two polypropropylene (PP) plants....

IHS Markit LAPPC 2016: New North America PE capacity to alter trade-flow dynamics, fight for market share expected in Latin America

November 21, 2016 | Francinia Protti-Alvarez

More than 9.5 million metric tons of annual polyethylene (PE) capacity is confirmed and under construction, with a second wave of plants expected onstream post-2020, says Rafael Gerlein, regional director and PE product manager/Americas at Tricon Energy...

SBE Chemical Partners sign EPC agreement for ethylene-to-butene-1 plant in Texas

November 17, 2016 | Francinia Protti-Alvarez

Stone Bridge Energy Chemical Partners (SBE; Katy, Texas) has entered into an engineering, procurement, and construction (EPC) contract for an on-purpose ethylene-to-butene-1 processing facility—Raven—to be located in Baytown, Texas, the company...

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