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Ineos Styrolution makes China move

Ineos Styrolution has made its first production move into China with the acquisition of two 200,000-tonne polystyrene facilities from Total S.A. The deal, which includes...

StackTeck turns to Asia for mould-making

Canada’s StackTeck Systems has renamed its South Korean subsidiary StackTeck Asia and confirmed it as the company’s first mould-making plant outside of North America....

Self-sufficient China still a big target for ethylene imports

Competition to import ethylene and ethylene derivates into China will likely become tougher this year despite the country becoming increasingly self-sufficient. Reports Wood Mackenzie, China is...

Indonesia heads towards ethylene self-sufficiency

Lotte Chemical Indonesia (LCI) has broken ground on its planned one million tonnes per year steam cracker and derivatives project in Cilegon, Banten in...

Malaysian boost for thermoplastic elastomer capacity

The addition of a new production line at Kraiburg TPE’s Malaysia plant this month has boosted production capacity by 35 per cent and increased...

PLA joint venture starts up in Thailand

The joint venture between Total and Corbion has started up its 75,000-tonne PLA plant in Rayong, Thailand, as it seeks to capitalise on growing...

Macroeconomic challenges impact BASF results

Growing challenges in the macroeconomic environment have caused BASF’s EBIT and net income for the third quarter to drop by double-digit percentages. This is...

Thai conglomerate targets PTA/PET acquisition

Thai conglomerate PTT is planning to acquire majority ownership of Siam Mitsui PTA and Thai PET Resin for €108 million from Mitsui Chemicals (MCI)...

Secos’ Malaysia plant starts initial production runs

Bioplastics producer Secos Group has started production at its Malaysian resin plant in Kuala Lumpur with trials of the resin fully approved for commercial...

Cautious outlook for BASF despite rising sales

Higher prices across all of its business segments have helped plastics giant BASF Group to a slight second quarter increase in sales and earnings. Sales...

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