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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...
HurricaneHarvey

Harvey: Second-costliest US hurricane in a generation

Hurricane Harvey has been forecast to cost the economy between $60 billion and $100bn, making it the second-costliest US hurricane since 1980. Market analyst IHS...

North American polyethylene facilities to be impacted until October

North American polyethylene facilities will continue to be impacted until October, claims market specialist PCI Wood Mackenzie, in wake of Tropical Storm Harvey. Many...

Normality slowly returning after Tropical Storm Harvey

The percentage of total US ethylene production offline remains around 10 per cent, with total US ethylene consumption capacity in a similar range, nearly...

Ethylene production hit hard by Tropical Storm Harvey

The number of confirmed outages in ethylene production as a result of Tropical Storm Harvey, which hit the US state of Texas at the...

Petrochemicals market bracing itself after Hurricane Harvey

The loss in demand and storage limitations resulting from Hurricane Harvey will affect NGL and petrochemicals prices, according to research and consultancy group Wood...

Braskem renews green plastics agreement

Petrochemicals firm Braskem has renewed a long-term agreement with Sojitz Pla-Net Corporation to supply I’m green polyethylene, a polymer made from renewable feedstock. The agreement...

Harvey hampers refining capacity across Texas

More than two million barrels per day of refining capacity was shut down over the weekend in the face of Tropical Storm Harvey, which...

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