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Formosa Plastics

MEDICAL POLYMERS
Global market to expand by 13% per year to 2022 / Ageing populations and prevalence of chronic diseases lift demand / Allied Market Research report
09.01.2017
BRAZIL
Anti-dumping duties imposed on PET deliveries from China, Indonesia, India and Taiwan
14.12.2016
USA
Shale gas carousel turns faster / Giant field found in west Texas / President-elect Trump expected to promote fracking / Much of new plastics output earmarked for export
30.11.2016
PPG
Divestment of Asian glass fibre joint venture stakes completed / Proceeds of USD 170m
29.11.2016
POLYMER PRICES
North America September 2016: Upward momentum across many segments / Rising feedstocks push up polyolefins and PS / Engineering thermoplastics producers still under pressure
11.10.2016
STYRENICS
Global production increasingly consolidated / PS market declining / Capacity expansions in Asia / Worldwide EPS demand continues to rise / Germany is the exception / Insulation segment largely switching to grey EPS
11.08.2016
POLYETHYLENE
High-pressure production: LDPE becoming increasingly tight in Europe / Global importance wanes / New plants mostly flexible and easily switched to EVA / Specifically targeted types more expensive
30.10.2015
POLYMER PRICES
China Engineering Thermoplastics September 2015: Feedstock prices firm or pointing slightly up / Polymers remain soft / Strong demand / Domestic ABS producers lift output to meet orders / Outlook for October positive
08.10.2015
FORMOSA PETROCHEMICALS
Feasibility study for USD 9 bn ethane cracker and polyolefins units in Louisiana / Construction on two-phase project could start in 2016 / Future growth in US, says CEO
11.09.2015
FORMOSA PLASTICS
Plans for “first new PP production line” to be built in the US in many years / Facility to be located downstream of Texas propane dehydrogenation plant
09.07.2015
PET
US authorities investigate alleged dumping practices from Canada, China, India and Oman / Initial probe results to be published in August
25.06.2015
BUTADIENE MARKET
Global volumes to rise by 4.4% per year to 2020 / Strong automotive demand for butadiene rubber and ABS / Asian players dominating / Grand View Research report
16.10.2014
FORMOSA PLASTICS
ThyssenKrupp to build Texas-based propane dehydrogenation facility
30.09.2014
NPE
Several raw material suppliers book space for "Customer Service Centres" in Orlando / Fair at 94% of total capacity
11.08.2014
PETROCHEMICAL MARKETS
Work on US Gulf Coast crackers and PE plants gears up / ChevronPhillips and ExxonMobil lead the way / Some 30% of expanded US commodity plastics output to be exported by 2020
23.06.2014
POLYMER PRICES
China Standard Thermoplastics April/May 2014: Ethylene and propylene import prices rebound while styrene recedes / Polymer import quotes firm / Domestic prices see active dynamics / Labour Day holiday period dampens total uptake
23.05.2014
INEOS / SOLVAY
EU greenlights PVC joint venture / Divestment plan accepted / World's third largest producer
13.05.2014
INDIA
Newest anti-dumping duties on PVC imports revealed / Korea exempted, Chinese producers face stiff penalties
11.04.2014
CHEVRON PHILLIPS
Groundbreaking ceremonies held for 1.5m t/y Cedar Bayou ethane cracker / Ethylene largely for domestic consumption / Two 500,000 t/y PE plants part of USGC project
07.04.2014
POLYMER PRICES
China Standard Thermoplastics February/March 2014: Ethylene and styrene rise while propylene falls / Polymer import quotes dip / Domestic prices also soft / Little change expected in coming weeks
20.03.2014
CORRECTION - KRATON
Merging styrenic block copolymers business with Taiwan's LCY Chemical
30.01.2014
FERRO SPAIN
UK distribution agreement with Longfield / Cheshire-based company will market range of masterbatches and concentrates
12.12.2013
FORMOSA PLASTICS
New PS plant in Vietnam in planning stages/ Growing demand from the electronics industry is catalyst
27.11.2013
INEOS / SOLVAY
EU has reservations concerning JV deal / Ineos puts forward divestment of two German plants
25.10.2013
PETROCHEMICAL MARKETS
Formosa Plastics declares force majeure for HDPE following flash fire at US site Point Comfort
20.09.2013
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