The U.S. District Court in Wilmington, DE has ruled in favor of Eastman Chemical in a patent infringement lawsuit filed by Wellman. The court’s decision that held two Wellman patents invalid ended the case, which was scheduled to go to trial February...
U.S. chemical firms are projected to distribute 8.2 billion pounds of propylene resins by 2014, up from 6.8 billion pounds last year, according to a new report by consultancy (?) BCC Research (Wellesley, MA). That amounts to compound annual growth rate of...
The business has been in administration since last year....
Indian Oil Corp. (IOC; New Delhi) expects to complete a detailed feasibility study in March 2010 to build a purified terephthalic acid (PTA) plant next to the company’s Koyali refinery in the state of Gujarat, India, CW has learned. “We will go to...
Braskem parent Odebrecht (São Paulo) and Brazil’s state oil company Petrobras (Rio de Janeiro) have announced their agreement to merge Braskem with rival thermoplastics firm Quattor, which is controlled by Petrobras. Odebrecht will control the...
Lanxess says it will bring forward its plans to build the previously announced new butyl rubber facility at Jurong Island, Singapore. The 100,000-m.t./year plant, with an investment of about €400 million ($575 million) was delayed twice in the past, due...
A Russian-Iranian working group held a meeting at Sibur's headquarters in Moscow earlier this week to discuss cooperation in the field of energy and petrochemicals. The meeting, attended by Iran's deputy oil minister Iran Hossein Noghrehkar Shirazi and...
Shares are to be listed on the Bangkok stock exchange....
Civil engineering and trading company Ramco Trading & Contracting Co. (Doha), currently in talks to buy ailing polyvinyl chloride (PVC) and vinyl chloride monomer (VCM) producer Vinyls Italia (Porto Marghera, Italy), has also entered into discussions with...