polyethylene

Mexico’s Alpek pauses construction of PTA, PET plant in Texas citing high costs

Oct 7, 2023

Monterrey, Mexico -based Alpek said on Sep. 27, 2023 that along with its partners in the planned Corpus Christi Polymers (CCP) project it has decided to temporarily pause construction due to rising costs, shortly after it decided to also close a filament...

Brazil state oil Petrobras carries out due diligence of Braskem as it mulls option to add equity

Sep 17, 2023

Brazilian state oil Petrobras, specialized in deep-water, crude oil extraction, and which refines most of the fuel consumed by some 214 million Brazilians, confirmed on Aug. 22 a due diligence of Latin America´s biggest petrochemical company Braskem, where it...

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...

Pemex increases refining output 4% in 2023 at its six operating plants from year ago; Analyst sees new Dos Bocas refinery in commercial operations by 2024

Aug 20, 2023

Reinaldo Wences, executive vice president of Pemex Transformacion Industrial, or the Mexican state oil company´s crude oil processing area, said during the second quarter (April-June) earnings discussion call held on July 28, 2023, that the crude oil runs at...

Second biggest U.S. waste disposal company Republic Services teams up with polymer recycler Ravago to produce recycled resin; U.S. refiners and petrochemical association asks Environmental Protection Agency for strategy “revision” around pollution

Aug 20, 2023

News Briefs

Dow Canada seeks partners, subsidies in second half 2023 as it readies $10-billion expansion FID

Aug 7, 2023

Dow, the biggest U.S.-based petrochemical company, plans to clinch enough accords and incentives for its Canadian operations during the second half of 2023 to help support a decision on whether to start in 2024 a six-year construction of an expanded ethylene-...

Asian resin imports gain larger influence in Mexican market as ocean freight costs ease; LyondellBasell sees soft demand, new supply capping polyolefins average North American run rate at 85% in Q3 2023

Aug 5, 2023

News Briefs

Canada´s NOVA Chemicals expands participation in recycling; N-Butanol market to keep expansion until 2028; U.S. chemical exports see small rise in May from April

Jul 22, 2023

News Briefs

U.S. plastics, rubber manufacturing faces declining workers, lower productivity in 2023

Jul 11, 2023

The U.S. Bureau of Labor Statistics released in mid-2023 data related to employment in manufacturing of plastic, synthetic filaments and rubber products that showed that the number of workers in those activities fell in recent years, including so far in 2023...

Brazil state oil Petrobras says petrochemicals “strategic” in 2024-2028 plan as Braskem on sale

Jun 20, 2023

Petrobras said it may invest in chemicals in an announcement that coincided with reports on the coming sale of what is not just Brazil and Latin America´s biggest petrochemical company but also North America´s biggest polypropylene producer, Braskem, where...

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