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Markets
Polymer Materials
Petrochemicals
BASF
USD 1 bn agreement with Petronas to expand activities in Malaysia / Raising capacity at existing BASF Petronas Chemicals jv / Plans to set up new joint venture in Johor
09.03.2012
MITSUBISHI
Agreement with Genomatica on exclusive negotiation rights for planned Asian BDO joint venture
09.03.2012
OLTCHIM
Insufficient feedstocks and money / Technical unemployment extended
07.03.2012
PETROCHEMICAL MARKETS
Shell declares force majeure for several cracker and downstream products from Moerdijk
02.03.2012
PETROCHEMICAL MARKETS
SolVin slow to restart VCM/PVC production / FM at Arkema remains in place
01.03.2012
SABIC
MDI and TDI manufacturing license from Mitsui Chemicals / Part of strategic plan to penetrate global PU business
01.03.2012
SINOPEC
BDO and acetic acid project planned in China / Joint venture with BP and SK Global
28.02.2012
PETROCHEMICAL MARKETS
Ineos declares FM for propylene from Cologne after cracker leak
22.02.2012
PETROCHEMICAL MARKETS
New USD 5.5 bn complex in Qatar to start in 2018 / Asia, Africa and Latin America targeted
17.02.2012
PLASTICS ECONOMY
Number of global joint ventures on the rise / Most activity focused in Asia, followed by Middle East / Jv formation follows global consumption patterns and cheap feedstock trends / Latest GlobalData report
16.02.2012
HONAM PETROCHEMICAL
Plans for new petrochemical hub in Indonesia / Cracker and downstream units could start up in 2016
14.02.2012
IRAN
Oil minister reportedly bans foreign companies from developing Iranian petrochemical projects / Likely retaliation against EU sanctions
14.02.2012
SHOWA DENKO
Agreement for Myriant to deliver biosuccinic acid for PBS production
13.02.2012
ARKEMA
Follow-up: VCM and PVC production in southern France at complete standstill
10.02.2012
PETROCHEMICAL MARKETS
Cold temperatures lead Arkema to declare FM for VCM and PVC from southern France
10.02.2012
INDORAMA VENTURES
Acquisition of leading North American ethylene oxide and MEG producer Old World Industries / USD 795m deal / Fully integrated into MEG chain
09.02.2012
PLASTICS AND HEALTH
Belgian senate signs off on bill banning bisphenol A in food packaging
07.02.2012
OLTCHIM
Feedstocks and capital remain sparse / 840 employees have to stay home
06.02.2012
CHINA
New EUR 9.6 bn refinery complex deal inked in Qatar / No start-up date / Around 1.2m t/y of ethylene
31.01.2012
LYONDELLBASELL
Raising butadiene output in Wesseling
30.01.2012
BRAZIL
Chemicals trade group calls for investments to stem rising imports / Trade deficit reached record levels in 2011
30.01.2012
LOTTE
Asian Development Bank supports Honam Petrochemical's polyolefin project in Uzbekistan / Start-up scheduled for 2015
30.01.2012
IRAN
EU petrochemical embargo to take effect in May / Iran threatens to cease oil exports
30.01.2012
SUMITOMO
Withdrawal from SM joint venture with Denka / Slack demand, overcapacity hit Japanese players
27.01.2012
TOTAL
Agreement to acquire ExxonMobil's stake in Fina Antwerp Olefins jv
24.01.2012
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