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Companies
Polymers
Standard Thermoplastics
BRASKEM
Ethane feedstock agreement for Ascent cracker and PE project in USA
08.04.2014
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
KEM ONE
Converting mercury chlorine and caustic soda electrolysis at French site in Lavéra / State partially funds switch to bipolar membrane technology
04.04.2014
SAUDI ARAMCO
First volumes being marketed from Petro Rabigh
04.04.2014
NIZHNEKAMSKNEFTEKHIM
“External factors” see 2013 EBITDA drop by 42% year-on-year / Profits down 60% / Plastics output up 6.8% / Modernisation efforts to continue in 2014
01.04.2014
REPSOL
First licence for differentiated process technology from Chevron Phillips Chemical / Goal of optimising PE product portfolio
28.03.2014
SINOPEC
Chemicals profits fell 26% on lower prices in 2013 / Strong polyolefins output
26.03.2014
SIBUR
Sales and operating profit fall in petrochemicals / Decline partially offset by Tomsk and Perm plastics facility openings
26.03.2014
INDORAMA
Investing EUR 24m in capacity upgrade at Polish PET plant
24.03.2014
SHELL
Oil and petchems group to cut spending, sell assets / Poor earnings at both ends of the business
19.03.2014
TRINSEO / STYRON
Flotations plans revived / Former Dow business hopes to raise USD 200m and pay down debt
19.03.2014
OCTAL
Omani PET producer chooses Ohio for its first foreign sheet operation / Building PET recycling facility
17.03.2014
POLYONE
ColorMatrix IR absorption technology approved for PET packaging applications in China / Improved recyclability and less energy consumption
17.03.2014
PETROCHINA
Start-up of massive Pengzhou petrochemical site begins / PP line already commissioned / W.R. Grace's "Unipol" license
17.03.2014
TRINSEO / STYRON
EBITDA falls 7% in 2013 to USD 227m / Net loss recorded / Sales drop by 3% / Engineered polymers segment sees adjusted EBITDA crash / Volumes down in styrenics
14.03.2014
INEOS / SOLVAY
Follow-up: European Commission revises the revised remedy package for proposed PVC joint venture / Schkopau out, Wilhelmshaven in / Runcorn facilities to be considered
13.03.2014
SONATRACH
Algerian oil and gas giant pulls out of planned PE joint venture with Total / Launches expansion plans in Skikda
10.03.2014
NOVAMONT
Majority share in Mater-Biopolymer acquired from Mossi & Ghisolfi / Upstream integration through production of “Origo-Bi” renewable polyester used as “Mater-Bi” feedstock / Capacity for 100,000 t/y
05.03.2014
SOLVAY / INEOS
Revised remedy package for proposed PVC joint venture / Additional plants suggested for divestiture
04.03.2014
PETROCHEMICAL MARKETS
Renewed explosion at Lukoil subsidiary Stavrolen's cracker in the Caucasus / Operations halted for the time being
27.02.2014
STYROLUTION
North American SMMA plant to be shuttered with output shifting to Germany / Latest step in “Triple Shift” growth strategy aimed at ensuring global supply from at least two sites
27.02.2014
BOREALIS
Net profits fall despite gains in polyolefins / Sales reach EUR 8 bn for first time / Borouge 3 start-up in progress
26.02.2014
KARPATNEFTEKHIM
Ukrainian Lukoil subsidiary temporarily halts all olefin and polymer production
25.02.2014
BRASKEM
Strong domestic sales help boost 2013 profit by 22% / Tax incentives and weakened currency add to gains / Further expansion projects / Shale gas opportunities analysed
20.02.2014
DOW
Switching global XPS lines to sustainable "PolyFR" technology / Japanese facilities first in a phased process
19.02.2014
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