AMERICAS U.S plastic bag update U.S. to levy fees on bags from Vietnam, Taiwan, Indonesia The U.S. government plans to impose final duties of up to nearly 96 percent on plastic shopping bags from Indonesia, Vietnam, and Taiwan. The rulings from the Department of Commerce impose specific penalties on 18 companies from Vietnam, two from…
AMERICAS LyondellBasell Updates LyondellBasell prices USD 2.75 billion senior notes LyondellBasellIndustries (LBI) has priced a senior note offering at USD 2.75 billion to support the chemical company’s emergence from Chapter 11 bankruptcy protection. The notes will be issued by LBI Escrow Corp., which will merge into subsidiary Lyondell Chemical Co., as part of Lyondell Chemical’s…
AMERICAS PolyOne and Kautex introduce multilayer TPE technology PolyOne Corp. has introduced technology that allows extrusion blow molders to make co-extruded high-density polyethylene bottles layered with thermoplastic elastomers (TPE). PolyOne’s GLS Thermoplastic Elastomers unit unveiled the technology, which it co-developed with Kautex Maschinenbau GmbH. The new process can be used with traditional or recycled HDPE,…
AMERICAS BP oil leak in Gulf of Mexico – Updates After a series of unsuccessful efforts, BP has made some headway in containing the oil spilling out of a well at a depth of 5,000 feet in the Gulf of Mexico. Following the failed “top kill” operation, BP deployed the lower-marine-riser-package (LMRP) cap containment system,…
AMERICAS CMR completes the 16th annual FlexPO international conference in China Chemical Market Resources Inc. (CMR) successfully concluded its 16th annual international conference event earlier this month. The event, FlexPO 2010, was held at the Novotel hotel in Beijing, Jun 9-11, 2010. This year’s event was co-hosted with China National Chemical Information Center (CNCIC), China’s…