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Petrochemical giants agree to build Saudi complex

Saudi Aramco and Total have signed a memorandum of understanding to develop a petrochemical complex in Jubail, Saudi Arabia. The complex will be integrated downstream of...

Borealis takes a Stern approach after Garrett steps down

Borealis' chief executive Mark Garrett has decided to leave the company to pursue a new career path after more than a decade at the...

JV trio to buy bankrupt M&G’s Texas PET complex

A trio of companies have come together to form a joint venture to buy bankrupt M&G Chemicals’ incomplete PET complex in Texas, US, for...

ExxonMobil ponders Gulf Coast polypropylene expansion

Petrochemicals giant ExxonMobil is to make a final investment decision later this year on a potential polypropylene production expansion along the US Gulf Coast....

Departure imminent for DowDuPont’s Liveris

DowDuPont’s executive chairman Andrew Liveris will step down on 1 April, 2018, with Jeff Fettig, a legacy Dow Chemical board member succeeding him in...

IVL to buy M&G PET plant in key Brazilian market

Indorama Ventures (IVL) is to acquire, through its indirect subsidiary Indorama Ventures Spain, a 100 per cent stake in M&G Polimeros Brazil in Ipojuca,...

Russian BOPP market to continue steady growth, says Sibur

The Russian BOPP market experienced stable four per cent growth in 2017, influenced mostly by the growing food processing industry, said Sergey Komyshan, executive...

Three-way petrochemical JV targets Gulf Coast

Affiliates of the petrochemical giants Total S.A., Borealis AG and NOVA Chemicals Corporation have signed definitive agreements to form a joint venture (JV) on...

LyondellBasell seeks compound growth with A. Schulman acquisition

Petrochemical giant LyondellBasell Industries has agreed to purchase the plastics compounding specialist A. Schulman for $2.25 billion. The US compounder posted sales of $2.5bn...

Short circuit leads to BASF recall

Chemical giant BASF has declared Force Majeure at its ecoflex plant in Ludwigshafen, Germany, after detecting a technical defect that has potentially compromised 1,500...

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