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Westlake

PETROCHEMICAL MARKETS
PVC: Vinnolit declares force majeure on deliveries from Knapsack / Defect in VCM production
11.07.2017
USA
Appointments to Trump cabinet have ties to industry / ExxonMobil CEO Tillerson to be secretary of state / Fracking proponents at the helm / “Foxes guarding henhouses”
21.12.2016
PLASTICS INDUSTRY GERMANY
2015 production drops 3% over 2013 / Increase in plastics processing / Growth in packaging, automotive engineering and medical devices / Recycling as key economic factor / Consultic study 2015
12.12.2016
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
LOTTE
Vice chairman's death called suicide / Close ties to family owners / Corruption scandal in South Korea
05.09.2016
WESTLAKE
Takeover of Axiall completed / Creation of North American olefins and vinyls leader
02.09.2016
WESTLAKE
US and Canadian authorities nod off Axiall acquisition / Deal could close by end of August
22.08.2016
POLYMER PRICES
North America July 2016: PE still trending stable / PP may have bottomed out / PVC and PS under latent upward pressure / Engineering thermoplastics notations mostly calm / Price offensive for PA 6
05.08.2016
AXIALL / LOTTE
Groundbreaking ceremony for Louisiana ethane cracker / Start-up expected in 2019
17.06.2016
WESTLAKE
USD 3.8 bn is the magic number / Latest takeover bid accepted by Axiall / Combined company will become North America's second-largest PVC producer
15.06.2016
AXIALL
South Korea's Lotte Group issues unsolicited offer for vinyls producer / Onset of a bidding war with Westlake?
09.06.2016
WESTLAKE
Latest bid for Axiall summarily rejected again / CEO Chao issues open letter to shareholders / Calls for new board
06.04.2016
AXIALL / WESTLAKE
PVC group plans to divest all downstream units / Write-offs almost reach USD 1 bn / Poker game over takeover continues
03.03.2016
AXIALL
Board summarily rejects latest Westlake takeover proposal / Shareholders addressed in open letter
03.02.2016
VINNOLIT
CEO Josef Ertl to retire in October / Karl-Martin Schellerer to take the lead
20.07.2015
BILCARE RESEARCH
Price hike for rigid PVC film
29.05.2015
YEAR IN REVIEW 2014
Part 2 – Plastics Production: Shale gas revolution drives Europe into a corner / Ailing facilities are consolidated / Massive changes in PVC market / Shale oil reserves change the balance once again
12.12.2014
WESTLAKE
Expanded US vinyls complex dedicated / Cracker converted to ethane / Raising output in Lake Charles
31.10.2014
NPE
Several raw material suppliers book space for "Customer Service Centres" in Orlando / Fair at 94% of total capacity
11.08.2014
VESTOLIT
SVC Global sells German PVC producer to Mexichem / Further changes in the European PVC market
07.08.2014
WESTLAKE
Vinnolit acquisition wrapped up / “Major step” on US PVC producer's strategic path
01.08.2014
PVC MARKET
European production landscape undergoing massive changes / Global capacity shifts drive consolidations / Overcapacities mean additional closures cannot be avoided / Who will be the next victim in this game of Russian roulette?
29.07.2014
SOLVAY
Benvic PVC compounding subsidiary divested to OpenGate Capital / European market reshuffle continues
05.06.2014
WESTLAKE
North American PVC producer acquires Vinnolit / Latest consolidation in the global PVC market
28.05.2014
INDIA
Newest anti-dumping duties on PVC imports revealed / Korea exempted, Chinese producers face stiff penalties
11.04.2014
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