LyondellBasell announced that it has entered into a new contract with CEO James L. Gallogly and taken other steps to ensure continued strong leadership and executive continuity at the company. "The company has been transformed in recent ...
Tags: LyondellBasell, Textile
Argentina's petrochemicals industry is unlikely to expand until more natural gas and related feedstock supplies become available when the potential of the country's shale gas plays is turned into production in a decade or so, an analyst ...
Tags: Gas, Metallurgy, Mineral, Energy
Chevron Phillips Chemical Company LP announced it received air permits from the Texas Commission on Environmental Quality (TCEQ) for its planned ethane cracker and polyethylene units. Additionally, Chevron Phillips Chemical received a ...
Tags: Chevron, Petrochemical Project
In the second quarter of 2013, we generated a profit of $201 million compared to profit of $186 million for the second quarter of 2012. The increase was primarily due to lower finance costs in the second quarter of 2013. For the six ...
Tags: Profits, NOVA Chemicals
INEOS Technologies announced that it has been chosen to provide the Innovene PP process to Oriental Energy Company Limited based in Nanjing for its subsidiary, Ningbo Fuji Petrochemical Company Limited. The unit, to be built in Ningbo, ...
Tags: PP Technology, Textile
Belgium-based trade body Plastics Recyclers Europe has called for a joint initiative to establish a separate recycling stream for thermoformed PET trays. According to Plastics Recyclers Europe, PET trays are valuable recyclable products ...
Tags: Plastics Recyclers, Packaging, Printing
Global chemicals company BASF has developed an antistatic thermoplastic polyurethane (TPU) granulate under the Elastostat brand name in the TPU portfolio Available as a masterbatch, Elastostat is part of the Elastollan product range and ...
Borealis said Tuesday it would invest Eur65 million ($85.4 million) to upgrade the Borstar PE2 (polyethylene2) plant technology to the third generation, extending the Borstar PE platform at its production site in Porvoo, Finland. "This ...
Tags: Chemicals
EATP (the European Association for Textile Polyolefins), in close collaboration with CIRFS, the European Man-made Fibres Association, held its annual Executive Seminar in Brussels on May 28. Textile polyolefins are a major sector of ...
Braskem has introduced new line of green low-density polyethylene (LDPE), which is used primarily in plastic packaging and films and will complement the company’s Green Plastics. According to the thermoplastic resin producer, annual ...
Tags: Braskem, Green LDPE Line, Plastic Packaging
Spanish oil and gas company Repsol Chemicals has announced the launch of a new range of polyolefins consisting of Repsol Isplen grades PR590C2M, PR595C2M and PR599C2M. The new line, which complete the company's existing range of ...
Tags: Repsol, Transparent Copolymers
LyondellBasell Industries announced earnings for the first quarter 2013 of $906 million, or $1.56 diluted earnings per share. First quarter 2013 EBITDA was $1,585 million, a 25 percent increase from the fourth quarter 2012 and a 29 percent ...
Tags: Textile
Governor Dr. Robert Bentley announced that Indorama Ventures Public Company Limited, the world’s leading manufacturer of PET resins, will invest $190 million to build a new manufacturing plant adjacent to its current site on Finley ...
Tags: PET Plant, Textile, Indorama Ventures
European benzene's premium to naphtha has topped the $450/mt mark for the first time since the start of February, as naphtha languishes at multi-month lows and benzene rises despite seemingly weak fundamentals. The benzene-naphtha spread ...
Tags: NWE, Benzene-Naphtha, Chemicals
Thai manufacturer of PET resins, Indorama Ventures (IVL) has announced plans to invest $190m to construct a new manufacturing plant adjacent to its existing site near the Tennessee River at Decatur, Morgan County, US. Construction of the ...
Tags: PET resins, fibers, Packaging