IHS Chemical Week

DAK to build 104,000 m.t./year PSF plant in Mississippi

1:04 PM MDT | August 28, 2015 | Clay Boswell

DAK Americas (Charlotte, NC) says it will build a 104,000 m.t./year polyester staple fiber (PSF) plant at its Pearl River site in Bay St. Louis, MS. DAK, a subsidiary of Alpek (Monterrey, Mexico), plans to start up the plant in the second half of 2016....

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Report: LyondellBasell planning PE investment for site in Texas

LyondellBasell CEO Bob Patel expects to announce a polyethylene project later this year, according to a report in the Houston Chronicle. The plant could be located in the Houston area or at one of the company’s sites in southern Texas, says the report. The Houston Chronicle interviewed Patel last week at LyondellBasell’s Channelview complex....

IHS Chemical: Iran's petchem sector offers opportunities, albeit for non-risk-averse investors

A rekindling of direct foreign investment in Iran’s huge petrochemical sector—if and when international sanctions are lifted—could reap large rewards for nimble investors "with the significant intestinal fortitude necessary to assume...

Borouge selects Neste Jacobs for PE plant modification at Ruwais

Borouge, a 60-40 joint venture between Abu Dhabi National Oil Co. and Borealis (Vienna), has selected Neste Jacobs (Porvoo, Finland), a technology, engineering, and project management contractor, as the front-end engineering and design (FEED) service...

Argentina's YPF returns to PP market with two acquisitions, including stake in LyondellBasell unit

LyondellBasell Industries says it has accepted Yacimientos Petrolíferos Fiscales (YPF; Buenos Aires) and Grupo Inversor Petroquímica's (GIP; Madrid) joint offer to purchase LyondellBasell's wholly owned polypropylene (PP) subsidiary Petroken...

Unipetrol declares force majeure on petrochemicals from Litvínov

Unipetrol (Prague), a subsidiary of PKN Orlen (PÅ‚ock, Poland), on Friday declared force majeure on products from its petrochemicals site at Litvínov, Czech Republic. The announcement follows a fire at the Litvínov steam cracker, which forced...

German firm completes PE logistics complex at Slovnaft site

Talke (Hürth, Germany) says it has completed construction of a logistics complex to store and handle polyethylene (PE) granules at the manufacturing site of Slovnaft (Bratislava, Slovakia) at Bratislava. The logistics complex includes a silo farm...

ICIG completes acquisition of Vynova, appoints new management team

International Chemical Investors Group (ICIG; Frankfurt) has announced the completion of its acquisition of certain chlorvinyls assets from Inovyn, the polyvinyl chloride (PVC) joint venture between Ineos and Solvay. Ineos and Solvay had to sell these assets...

Sadara signs MDI supply agreement with Juffali & Brothers

Sadara Chemical, a joint venture between Saudi Aramco and Dow Chemical; and E. A. Juffali & Brothers, a privately owned Saudi company, have signed an agreement for Sadara to supply methylene di-para-phenylene isocyanate (MDI) to a new Juffali chemical...

Kem One SAS acquires Kem One Innovative Vinyls from Klesch Group

Kem One Group SAS (Lyon, France), jointly owned by private equity firm OpenGate Capital and Alain de Krassny, has acquired Kem One Innovative Vinyls from The Klesch Group. Details of the transaction have not been disclosed. Kem One Innovative Vinyls makes...

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