ethane

Celanese to examine redundancies as it seeks to cut costs; U.S. chemical industry contracted in August; NOVA Chemicals to carry out employee census to gain insights on diversity; Acetonitrile market to expand over 6% annually over next five years

Sep 2, 2023

News Briefs

Developing countries see more resin imports as China, U.S., Europe demand challenged: Braskem´s CEO

Aug 20, 2023

The CEO of Brazil-based Braskem, Roberto Bischoff, said that the company that is Latin America´s biggest petrochemical organization is seeing atypical scenarios in plastic resin markets that include very large flows of plastic resin exports from the world´s...

Dow to cut 2,000 jobs citing 2023 challenges to profit; LyondellBasell separately reports margin improvements as some new resin capacity sees slow start

May 10, 2023

Dow, one of the world´s biggest petrochemical companies and based in Midland, Michigan, has resorted to the elimination of 2,000 positions this year as the company faces challenges including the consequences of lower polyethylene profit margins in 2023...

Braskem sees global resin markets undersupplied in 2026-2027

Apr 7, 2023

Braskem, Latin America´s biggest petrochemical company and the top polypropylene producer in North America, projects that within about three years what are now excess of supply of basic resins including polyethylene will turn by that time into tightness.

Canadian hydrochemolytic recycling technology developer reports advances in plans; Monoethylene glycol market seen expanding to $43 billion in 2027

Mar 21, 2023

News Briefs

Mexico-based Braskem Idesa sets up venture for new ethane terminal; Huntsman completes sale of dyes, pigment division to Archroma; Braskem runs at reduced rates in Brazil but steady in the U.S.

Mar 6, 2023

News Briefs

Rail union member: more staff, shorter trains may prevent chemical cargo derailments

Feb 20, 2023

The Feb. 3, 2023 derailment of about three dozen rail cars, including five with vinyl chloride monomer (an intermediate for PVC), along the Ohio River, the biggest tributary of the Mississippi by volume, and the ensuing fire for about five days forcing a town...

U.S. producer confident on growth prospects for fluorochemicals and fluoropolymers; Mexico-based ALFA reports declining earnings in fourth quarter 2022; Global ethylene market seen expanding just 2.7% in 2023

Feb 20, 2023

News Briefs

Plastic resin producers slowly advance projects amid capacity increases, weak demand

Feb 8, 2023

Dow will continue to hold talks with Canadian authorities over incentives in 2023 with a final decision anticipated by year’s end on a project that would include tripling its ethylene and polyethylene capacity in Alberta, Canada. The work was originally...

NOVA Chemicals completes polyethylene and cracker expansion in Ontario, Canada

Jan 9, 2023

NOVA Chemicals, with production assets in Canada and in Louisiana, and owned by Mubadala Investment Co. from Abu Dhabi, announced in late December 2022 the “mechanical completion” of expanded polyethylene and cracking capacity in Sarnia, Ontario, some 65...

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