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Companies
Petrochemicals
General
HUNTSMAN
Hexion merger plans “buried” for USD 1 bn in compensation / Out-of-court settlement / Billion-dollar litigation with banks still in play
16.12.2008
INEOS
Lenders approve request for debt covenant waiver
12.12.2008
LYONDELLBASELL
Demand crisis forces wide-sweeping cost control measures / Plant closures and job cuts / Liquidity tight through Q1 2009
24.11.2008
BASF
“Massive decline in demand” prompts capacity cuts, plant shutdowns / Some 180 units affected / Preparing for “tough times”
20.11.2008
INEOS
Waiver of debt covenants sought as demand crashes / Debts four times EBITA / Crotty “battening down the hatches”
20.11.2008
ROSNEFT
Petrochemicals complex to be built near Vladivostok
12.11.2008
PETROCHEMICALS
Financial crisis: merger of Hexion and Huntsman still touch and go / Ineos and LyondellBasell under pressure? / Companies deny media reports
10.11.2008
PETROCHEMICAL MARKETS
Repsol: Force majeure for styrene and PO from Tarragona
10.11.2008
EVONIK
Cost-saving MMA process is developed
08.10.2008
SOLVAY
Membrane technology reduces electricity use
07.10.2008
LANXESS
Antwerp caprolactam capacity to increase
18.09.2008
PETKIM
New owners to double capacity in five years
28.07.2008
SABIC
First half 2008 sales increase by 54%
25.07.2008
EVONIK
Laurolactam capacity expanded in Marl
29.05.2008
SIBUR
Petrochemical group expands polyolefin activities / Russia lifts PE export duty
15.05.2008
SIBUR
Managers seek to acquire petrochemicals producer from Gazprom
08.05.2008
PETROCHEMICAL MARKETS
Strike threatens Ineos site at Grangemouth / Dispute over new pension plan
22.04.2008
PETKIM
Turkish court rejects union's bid to halt sale / Buying consortium has 45 days to conclude deal
01.04.2008
TOTAL
Full year chemical profits decline on weak Q4 margins / Gonfreville styrene plant to start up end 2008
20.02.2008
PETKIM
New owners to invest USD 10 bn / All capacities set to double by 2015
14.12.2007
RADICI
Expansion with adipic acid and HMDA / Entry into PA 6.10 and 6.12 production
02.11.2007
PETKIM
Feeling of mistrust towards Armenian investors / Losing Turkish consortium likely to do the deal
26.10.2007
PETROCHEMICAL MARKETS
BASF: Caprolactam facility in Antwerp running at reduced output / No force majeure at present
30.07.2007
ARKEMA
Office move complete as optimisation continues
12.07.2007
TVK
Continued improvement in utilisation and operating results / Polymer logistics unit spun off
21.06.2007
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