Mesaieed Petrochemical Holding Company, a subsidiary of Qatar Petroleum partially floated on the Qatar Exchange, and one of the region’s premier diversified petrochemical conglomerates with interests in the production, distribution ...
US chlor-alkali plants operated at 84% of capacity in February, data released Tuesday by the Chlorine Institute showed. The operating rate was down two percentage points from January. The trade association said US chlor-alkali producers ...
Tags: Chlor-Alkali, chlorine gas
Axiall Corporation and Lotte Chemical of the Republic of Korea announced that they have signed a Heads of Agreement to pursue a 50/50 joint venture arrangement for the design, construction and operation of a proposed 1 million metric ...
Tags: Ethane Cracker, Textile
Dow Chemical is looking to separate about 40 manufacturing plants from its business as it continues to concentrate on moving away from cyclical commodity products. The company said it is considering joint ventures, spinoffs or sales. It ...
US chlor-alkali facilities operated at 85% of capacity in November, data from the Chlorine Institute showed Tuesday. The operating rates were up six percentage points from October's 79%. The trade association said US chlor-alkali ...
Tags: Chlor-Alkali, Chemicals
Dow Chzemical will shut the equivalent of about 800,000 mt/year of chlorine and caustic soda capacity in Texas and divest chlorine derivatives assets with a value of up to $5 billion, it said Monday. The divestment includes about 40 ...
Tags: Dow Chzemical, Chemicals
The Dow Chemical Company detailed the scope of a separation of a significant portion of its chlorine value chain. These assets are being carved out for future transactions, and represent up to $5 billion of total annual revenue, inclusive ...
Tags: Construction, Decoration
AGC announces that it will invest approximately 40 billion yen to significantly increase the production capacity of its Indonesian subsidiary P.T. Asahimas Chemical (ASC) to meet growing demand for chlor-alkali products, such as caustic ...
Tags: Caustic Soda, Textile
The Japan-based Asahi Glass Co. Ltd. has announced that it will invest approximately 40 billion yen to significantly increase the production capacity of its Indonesian subsidiary PT Asahimas Chemical to meet growing demand for chlor-alkali ...
Tags: Asahi Glass, Caustic Soda
Japanese vinyls producer Tosoh Friday posted a 79.8% year-on-year surge in consolidated net profit to Yen 16.9 billion ($166.9 million) for the fiscal year ended March 31. The company attributed the spike to a reduction in extraordinary ...
Tags: vinyls producer, Tosoh, vinyls
France-based chlor-alkali and polyvinyl chloride maker, KemOne, has been put into administration Wednesday, the company said in a press release Wednesday. In view of the financial position of KemOne, its chairman, Gary Klesch, filed for ...
Tags: France's Kemone, Pvc Producer
US prices for all Formosa Plastics liquid caustic soda products will increase by $30/dry st immediately or as contract terms allow, the company said in a letter to customers Wednesday. The company did not provide a reason for the ...
Ineos ChlorVinyls plans to close its 149,000 mt/year mercury chlorine cell room at Wilhelmshaven, Germany during the second quarter of 2013, a company source said Tuesday. The previously announced move to reconfigure its 300,000mt/yr ...
Tags: vinyls, Ineos, vinyl chloride
Tosoh Corporation is pleased to announce its consolidated results for the first nine months of its 2013 fiscal year. The company’s consolidated net sales for the period ended December 31, 2012, amounted to ¥474.4 billion (US$5.9 ...
Tags: Tosoh Corporation, 2013, fiscal year
Westlake Chemical Corporation reported net income for the three months ended December 31, 2012 of $95.3 million, or $1.42 per diluted share, compared to net income of $26.4 million, or $0.40 per diluted share, reported for the fourth ...