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    • 13 October, 2011, 2011

    Wall Street analysts cut profit estimates for chemical companies for the 4th quarter and the full-year 2012

    (ICIS) -- Wall Street analysts on Wednesday cut profit estimates for US chemical companies for the fourth quarter and the full-year 2012, amid slowing global economic growth, weaker demand and lower m...
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    #petrochemistry #ethylene #news #Westlake Chemical #Georgia Gulf #LyondellBasell #MRC #Profit +Add all tags to filter
    • 13 October, 2011, 2011

    US EcoLogic to make strides in marketing its biodegradation-enhancing additive

    (PlastEurope) -- Less than two years after it was first founded, US organic additive producer EcoLogic (Oakbrook Terrace, Illinois) is continuing to make strides in marketing its ⌠Eco-One biodegradati...
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    #petrochemistry #news #MRC #Fora #Sales #packaging +Add all tags to filter
    • 13 October, 2011, 2011

    Russian PET prices rose by Rb 3,500/tonne over 1.5 months

    (MRC) -- From the beginning of the autumn, PET price from the Russian producers grew by roubles (Rb) 3,500/tonne, and made Rb64,000 - 67,000/tonne, including VAT, CPT Moscow, according to ICIS-MRC pri...
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    #petrochemistry #PET-granulate #preforms #Russia #news #MRC #Polymer #Trend #Flight #PET preforms +Add all tags to filter
    • 12 October, 2011, 2011

    Petrochemical producers in Thailand unlikely to be impacted LPG levy

    (Plastemart) -- Petrochemical operators in Thailand are unlikely to feel much effect from the policy to collect Bt1 per kilogram of LPG (liquefied petroleum gas) sales for the Oil Fund, as per The Nat...
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    #petrochemistry #news #PTT Chemical #MRC #Sales +Add all tags to filter
    • 12 October, 2011, 2011

    The Chatterjee Group to acquire West Bengal government's 45% stake in HPL

    (Plastemart) -- Purnendu Chatterjee promoted The Chatterjee Group plans to acquire West Bengal government's 45% stake in Haldia Petrochemicals (HPL), to become its largest shareholder with management ...
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    #petrochemistry #news #Supreme Petrochem #MRC #West #Sales +Add all tags to filter
    • 12 October, 2011, 2011

    In USA EPS prices lost ground this week

    (ICIS) -- US expandable polystyrene (EPS) prices lost ground this week, slipping with the price of feedstock benzene, sources said on Tuesday. US EPS prices were assessed by ICIS at 87-94 cents/lb ($1...
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    #petrochemistry #EPS #news #MRC #Most #Polystyrene +Add all tags to filter
    • 12 October, 2011, 2011

    IEA revised down its global oil demand growth forecast for 2011

    (ICIS) -- The International Energy Agency (IEA) on Wednesday revised down its global oil demand growth forecast for 2011 by 50,000 bbl/day and by 210,000 bbl/day for 2012 because of a downward adjustm...
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    #petrochemistry #news #MRC +Add all tags to filter
    • 12 October, 2011, 2011

    Widespread flooding in Thailand to shave the country's economic output this year

    (ICIS) -- Widespread flooding in Thailand will shave the country's economic output this year, slowing its GDP growth by as much as a full percentage point, given the heavy disruption caused on domesti...
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    #petrochemistry #news #MRC #Trade +Add all tags to filter
    • 12 October, 2011, 2011

    Evonik Industries to build a new production plant for hydrogen peroxide

    (Plastemart) - Evonik Industries will build a new production plant for hydrogen peroxide (H2O2) in Jilin Province in northeastern China. An investment of over Euro 100 mln in the project sees Evonik m...
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    #petrochemistry #news #MRC #Sales #Step +Add all tags to filter
    • 12 October, 2011, 2011

    Ineos' ABS plant in Tarragona is divested as part of Styrolution deal

    (PlastEurope) -- In order to meet the EU's preconditions for the creation of Styrolution (Ludwigshafen / Germany) - the 50:50 styrene joint venture between BASF (Ludwigshafen / Germany) and Ineos (Lau...
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    #petrochemistry #ABS #news #BASF #MRC #styrene #Polymer +Add all tags to filter
    • 12 October, 2011, 2011

    A new protective packaging giant to appera in North America

    (PlastEurope) -- An agreement reached between global packaging giant Sonoco (Hartsville, South Carolina / USA) and private equity firm Metalmark Capital (New York, New York / USA), under the terms of ...
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    #petrochemistry #news #MRC #Terms #Sales #Blister #injection moulding #packaging +Add all tags to filter
    • 12 October, 2011, 2011

    Carclo (UK) reported a solid performance in its first half-year

    (PlastEurope) -- Technology-led plastics group Carclo (Ossett, West Yorkshire / UK) reported a solid performance in its first half-year - despite the uncertain economic environment. Results were in li...
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    #petrochemistry #news #MRC #Profit #Terms #Solid #injection moulding #lighting +Add all tags to filter
    • 12 October, 2011, 2011

    Lower PE production in Asia failed to support the market

    (Platts) -- Lower polyethylene production in Asia has failed to support the market due to weak demand, market sources said this week. "There's no impact at all," a Chinese trader said. "The market is ...
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    #petrochemistry #HDPE #LLDPE #news #PE #Honam Petrochemical #MRC #Fora #polymers +Add all tags to filter
    • 11 October, 2011, 2011

    Advanced Petrochemical Company shut down its operation at its polypropylene

    (Arabian oil and gas) -- Polypropylene producers in the GCC face anti dumping duties in the Indian market. The Advanced Petrochemical Company has shut down its operation at its polypropylene to conduc...
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    #petrochemistry #news #PP #MRC #Sales #polymers +Add all tags to filter
    • 11 October, 2011, 2011

    BASF to introduce an additional member of the new Ultramid Endure line of plastics

    (BASF) -- At the Fakuma 2011 in Friedrichshafen, BASF is introducing an additional member of the new Ultramid Endure line of plastics. With a glass fiber content of 50 percent, Ultramid Endure D3G10 o...
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    #petrochemistry #news #BASF #MRC #Trade +Add all tags to filter
    • 11 October, 2011, 2011

    Bayer MaterialScience to develope innovative and sustainable material solutions

    (PlasticsToday) -- The key to solving this challenge lies primarily in even lighter weight automobile construction according to Bayer MaterialScience (Leverkusen, Germany), which is developing innovat...
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    #petrochemistry #news #Bayer #MRC #Module #construction #batteries +Add all tags to filter
    • 11 October, 2011, 2011

    Iran is hoping to pipe gas from its giant South Pars field to Oman

    (Arabian oil and gas) -- Iran is hoping to pipe gas from its giant South Pars field to Oman, while the sultanate works on its domestic tight gas projects. Iran news sources are reporting that a resear...
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    #petrochemistry #news #MRC #Port #Contract +Add all tags to filter
    • 11 October, 2011, 2011

    Asia's prices of ABS resins to decline further towards the end of the year

    (ICIS) -- Asia's prices of acrylonitrile-butadiene-styrene (ABS) resins are expected to decline further towards the end of the year because of an expected weaker demand for finished goods from the reg...
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    #petrochemistry #ABS #news #MRC #styrene +Add all tags to filter
    • 11 October, 2011, 2011

    More US Marcellus projects needed to absorb ethane production

    (ICIS) -- Additional infrastructure in the US Marcellus shale region will be needed by 2016 to keep pace with growing ethane production and prevent a stall in the drilling of rich gas, an industry ana...
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    #petrochemistry #news #Dow #Shell Polymers #MRC #West +Add all tags to filter
    • 11 October, 2011, 2011

    SIBUR and Sinopec plan two JV and extend their cooperation

    (Sibur) -- Within the framework of the working visit to China by Prime Minister of the Russian Federation Vladimir Putin, one of the world's largest energy and chemical companies, China Petroleum and ...
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    #petrochemistry #news #Sinopec #Sibur Holding #MRC #Technology + #rubber +Add all tags to filter
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