IHS Chemical Week
PLASTICS

Sibur subsidiary completes PET expansion in eastern Russia

6:27 AM MDT | April 17, 2014 | Francinia Protti-Alvarez

Polief (Blagoveshchensk, Russia), a subsidiary of Sibur (Moscow), has completed a polyethylene terephthalate (PET) expansion, increasing capacity from 140,000 m.t./year, to 210,000 m.t./year at Blagoveshchensk, eastern Russia, Sibur announced. Investment in...


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MORE PLASTICS

Alpek reports 61% drop in first-quarter net income

Alpek (San Pedro Garza García, Mexico) reported $24 million in net income during the first quarter, 61% down year-on-year (YOY) but a significant improvement from the $9-million loss recorded in the fourth quarter of last year. Ebitda was $105 million...

Shintech seeks permit for Louisiana ethylene plant

Shintech, the US subsidiary of Shin-Etsu Chemical (Tokyo), has applied to the Louisiana Department of Environment Quality for a permit to build a 500,000-m.t./year ethylene plant. The company says it has not chosen a site, but a leading candidate will be land already owned by Shintech....

IHS WPC 2014: Worldwide PE demand to continue growing

Polyethylene (PE) demand increased worldwide from 66.1 million m.t./year in 2008, to about 82 million m.t./year in 2013, despite a global recession that suppressed demand in 2008-09, said Nick Vafiadis, senior director/global polyolefins and plastics at IHS...

Borealis expands XLPE capacity to meet cable and wire demand

Borealis will expand its crosslinked polyethylene (XLPE) production facilities at Stenungsund, Sweden, and as part of the ongoing Borouge 3 project in Abu Dhabi, the company has announced. The expansion is expected to help Borealis meet demand for polyolefin...

Saipem awarded EPC contract to expand Versalis's EPDM production in Italy

Saipem (Milan) has been awarded an onshore engineering, procurement, and construction contract for an expansion of synthetic rubber capacity at the Versalis (Milan) complex at Ferrara, Italy, worth approximately €200 million ($275 million), Saipem has...

Styron to convert Ni-BR rubber production line at Schkopau

Styron says that it plans to convert its nickel butadiene rubber (Ni-BR) production plant at Schkopau, Germany, to neodymium butadiene rubber (Nd-BR). The company says that the Nd-BR offering, together with its technology in solution-polymerized styrene...

Formosa Plastics' $22.5-million PVC pipe settlement approved

Law firm Phillips & Cohen (Los Angeles) says a federal judge has approved an agreement through which Formosa Plastics (Livingston, NJ) will pay $22.5 million to settle its liability in a lawsuit against former subsidiary JM Eagle....

Cristian Lay acquires La Seda EO-EG and PET assets in Spain

La Seda de Barcelona's (El Prat de Llobregat, Spain) assets at El Prat and Tarragona, Spain have been acquired by Cristian Lay (Jerez de los Caballeros, Spain), Cristian Lay announced today. The deal was valued at about €16 million ($22 million) in...

Repsol licenses CPChem metallocene technology

Repsol has licensed Chevron Phillips Chemical’s (CPChem) technology for the production of metallocene-based polyethylene resins, the two companies announced on 24 March. Repsol will implement the technology at its site in Tarragona, Spain, which already uses CPChem’s MarTECH SL loop slurry technology....

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