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Latest News and Updates
Latest News
EVENTS
October 03, 2023
Baystar Starts its New Polyethylene Plant in Pasad...
BAYSTAR has commissioned its new Bay 3 Polyethylene (PE) unit located in Pasadena, TX with an annual capacity of 1.4 billion pounds, more than doubling the faci...
EVENTS
September 27, 2023
Braskem Halts Production at Marcus Hook Amid Indus...
Braskem America, the largest Polypropylene (PP) producer in the Americas, has announced the cessation of operations on one of its PP resin production lines loca...
EVENTS
September 20, 2023
ExxonMobils $2 Billion Baytown Expansion
ExxonMobil's recent $2 billion expansion at its Baytown, Texas facility, adding over 1.6 billion pounds of total capacity, marks a significant milestone in the ...
EVENTS
September 14, 2023
Two Fresh Force Majeure Declarations Amid Feedstoc...
NOVA Chemicals has declared a force majeure on its Polyethylene resins, including both HDPE and LDPE, produced at its facilities in Ontario, Canada. The announc...
EVENTS
September 11, 2023
LyondellBasell to Close Oldest PP Unit Amid Market...
LyondellBasell is slated to close one of its two Polypropylene (PP) units in Brindisi, Italy by the end of the year. This will remove around 500 million pounds ...
EVENTS
September 07, 2023
PGP Monomer Market Faces Upward Pressure as Key Fa...
The PGP monomer market is bracing for a turbulent period as several key Petrochemical facilities have gone offline, affecting the Polypropylene supply chain and...
EVENTS
August 25, 2023
DuPont Sells a Majority Stake, Continuing its Long...
Dupont Sells a Majority Stake in its Delrin Acetal Business, continuing its long History of DivestituresDuPont has announced the sale of an 80.1% stake in its D...
REPORTS
August 07, 2023
Resilience in the Petrochemical Industry
The plastics and petrochemicals industry are navigating a transformative era, marked by innovation, collaboration, and resilience. First, many companies are loo...
EVENTS
August 02, 2023
The Largest Trucking Bankruptcy in U.S. History
Yellow, a prominent American freight carrier, is facing an imminent shutdown, marking a significant moment in the nation's freight history. Despite receiving a ...
EVENTS
August 01, 2023
A New Era in PGP Production in Texas
Enterprise Products Partners L.P. has announced the commencement of its second propane dehydrogenation (PDH) plant, PDH 2, in Chambers County, Texas. The facili...
REPORTS
July 28, 2023
ExxonMobil Earns 7.9 Billion in Second Quarter 202...
Exxon Mobil Corporation, a leading integrated energy, petrochemical and resin producing company, has announced its Q2 2023 earnings, which amounted to $7.9 bill...
EVENTS
July 13, 2023
NOVA Chemicals and Plastic Energy: A Partnership f...
NOVA Chemicals, headquartered in Calgary, is contemplating a collaboration with Plastic Energy, a chemical recycling firm, to construct a pyrolysis plant in Sar...
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