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Polymers

HP Impact: US targets Iran’s petrochemical industry

Hydrocarbon Processing Staff: Thinnes, Billy

The US Treasury Department, acting in concert with the US Department of State, recently took action to target Iran’s petrochemical industry (Fig. 2). As Iran’s oil revenues continue to fall ..

DAK Americas to permanently close PTA, PET resin plants in North Carolina

The site was built in the late 1960s and acquired by DAK Americas in 2001. Approximately, 350 full service employees and 250 contract workers are employed on-site to produce PTA, PET resins and polyester staple fibers. The closure of the site is expected to be completed by September 2013.

Mitsui wins FEED work for Sasol Louisiana PE plant

The project is part of Sasol’s planned world-scale ethane cracker and derivatives complex to be built in Lake Charles, Louisiana. The plant's low-density polyethylene (LDPE) capacity will be 420,000 tpy.

Valspar to buy Italian industrial coatings firm Inver

Inver Group is headquartered in Bologna, Italy, and generated sales in 2012 of approximately €160 million ($200 million). Founded in 1934, the European company specializes in liquid and powder coatings products as well as resins that are used in a variety of industrial applications .

HP Impact: A glance at the 2014 NOx control market

Hydrocarbon Processing Staff: Thinnes, Billy

Stationary sources around the world will spend $11 billion in 2014 for capital equipment and consumables to control NOx. This is the latest projection in a report published by McIlvaine Co.The utility..

HP Impact: Biodegradable plastics demand should grow 15% annually from 2012 to 2017

Hydrocarbon Processing Staff: Thinnes, Billy

According to a new IHS Chemical global market research report, mounting consumer pressure and legislation, such as plastic bag bans and global warming initiatives, will increase demand for biodegradab..

India’s thirst for energy to be addressed at IRPC

Hydrocarbon Processing Staff: Thinnes, Billy

International Refining and Petrochemical Conference (IRPC) 2013New Delhi is an international city with numerous attractions. It is the home of the Qutub Minar, the tallest minaret in India. The c..

Mexichem buys vinyl resin business from PolyOne

Assets transferred in the sale were strictly those related to resin production and included manufacturing plants in Pedricktown, New Jersey; Henry, Illinois; and a resin research facility in Avon Lake, Ohio.

Celanese looks to sell Spain vinyl acetate plant

The VAM unit in Tarragona, Spain, has a capacity of 200,000 tpy. Celanese said the decision to sell the plant was driven by a recently completed assessment of the company's overall corporate strategy, which included an assessment of the company’s global manufacturing facilities.

INEOS, Solvay to merge European PVC businesses

The new INEOS-Solvay business will have 5,650 employees and combine operations across the chlorvinyls chain, including polyvinyl chloride (PVC), chlorine and caustic soda. The merged enterprise would have combined net sales of €4.3bn ($5.7bn), based on 2012 results.