Huntsman selects ExxonMobil’s tubular LDPE technology for its UK plant ExxonMobil Chemical announced the signing of an agreement with Huntsman Petrochemical to license ExxonMobil’s tubular process technology for Huntsman’s new low-density polyethylene (LDPE) plant. The 400 KT per year plant, to be built in Teesside, England, will be the world’s largest LDPE reactor. Work…
Chemicals & polyolefins producers and other companies report positive fourth-quarter earnings Dow Chemical Dow Chemical announced its fourth-quarter earnings. The company had a total sales for the fourth quarter of 2004 of $10.9 billion, up 31% compared to 4Q 2003. Overall 2004 sales increased to $40.2 billion, 23% higher than in 2003 and a…
Sumitomo Chemical to convert LLDPE plant to polypropylene plant in Singapore The Polyolefin Company (Singapore) Ltd. (“TPC”), a subsidiary of Sumitomo Chemical Co., Ltd., announced its plans to convert its linear low-density polyethylene (LLDPE) plant to polypropylene production. The new plant’s production capacity will be 200,000 metric tons/year. Construction is scheduled to be completed…
Tasnee Petrochemicals and Basell to build an integrated polyethylene complex in Saudi Arabia National Petrochemical Industrialization Company (also known as Tasnee Petrochemicals) and Basell have signed an agreement with respect to building a new integrated polyethylene complex at Al-Jubail Industrial City in Saudi Arabia. The complex will consist of a gas cracker and two…
Basell to acquire Repsol YPF’s position in Argentine PP joint venture Petroken Basell announced its plans to assume ownership of the 50% portion of Argentina’s Petroken Petroquimica Ensenada that is currently held by its partner in the joint venture, Repsol YPF. Petroken operates a 180 KT per year polypropylene plant, a 20 KT per…
Chemical Market Resources Inc. moves to a new home Chemical Market Resources Inc., moved to a new home on March 25, 2005. The premium market research firm and the publisher of this news analysis moved its offices from Nasa Parkway to Blossom Street. The new address and phone number for Chemical Market Resources Inc.…