Russian firm Sibur expects to ‘change the face of the Russian petrochemical industry’ when construction is complete on the company’s new production complex in Tobolsk (Zapsibneftekhim), according to executive director Sergey Komyshan.
US-based Univation Technologies and the Engineering Division of Germany's The Linde Group have entered an exclusive partnership aimed at providing performance and cost efficiencies for the production of polyethylene resins.
Polyethylene producer British Polythene Industries has announced that it will be closing its facility in Widnes, UK and disposing of its Promopack Digital Studio business as part of a wider restructuring of the company, which could lead to up to 90 redundancies and a one off restructuring charge of more than £1 million ($1.52m).
UAE-based Borouge has selected Neste Jacobs, a technology, engineering and project management company as Front End Engineering and Design (FEED) contractor for its polyethylene plant modification project in Ruwais.
Chemical firm Repsol is to start construction of a manufacturing unit for metallocene linear polyethylene at its Tarragona, Spain petrochemical complex in June, as part of a strategy to focus on differentiated products that will allow the company to compete against HDPE imports from regions with access to cheaper raw materials.
Spanish energy company Repsol has announced a 20 per cent increase in its polyolefin sales in Europe compared to the same period in 2014. The firm puts the results down to a focus on premium and differentiated products, geographical diversification outside Iberia and an increase in contact with distributors.
Global polyethylene demand is forecast to rise by nearly 4 per cent per year between 2013 and 2018, at a slightly higher level than its growth during the 2003 to 2013 period, says a report from research and consulting firm, GlobalData.
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