MOSCOW (ANGI) -- Tomskneftehim Ltd. recently launched its 300.000 tpa ethylene unit after the modernization. During the modernization one of the key unit part - ethan-ethylene fraction column - was equipped with new internal devices made by Sulzer.
The modernization helped develop rectification characteristics, increase ethylene quality and made for 20% potential increase in ethylene output.
(prw) -- Chemtura plans to offer ⌠$450 million in aggregate principal amount of unsecured senior notes due 2018, said the company.
The proposed offering is part of Chemtura's exit financing package in line with its Chapter 11 plan of reorganization, if the plan is confirmed by the US bankruptcy court. A hearing is scheduled for 16 September.
(prw) -- Executives with Eastman Chemical said in a recent conference call that they believe they will find a buyer for their PET resin business by the end of the year.
During the firm's second-quarter conference call with stock analysts on 29 July, CFO Curt Espeland said that US-based Eastman has had ⌠strong interest in the PET unit since announcing it was open to a sale in late April.
(plastemart) -- Borealis has announced a net profit of ┬92 mln for Q2-2010, a further improvement compared to ┬54 mln in Q1-2010, as well as when compared to Q2-2009. Net profit was reported at ┬146 mln year to date; vs ┬35 mln during the same period in 2009.
Feedstock prices came down after a peak in April while polyolefin market prices continued to increase leading to improved industry margins. European polyolefins industry sales volumes are in line with previous years' sales levels. Borealis' sales volumes increased quarter-on-quarter in most market segments compared to the first quarter of 2010.
MRCСправка Маркет Репорт
Borealis. The share in the Russian market in 2008:
polyethylene - 4.1% (including HDPE - 4.7%, LLDPE - 8.7%);
polypropylene - 3.2% (PP-impact - 7.5%).
Annual sales growth in Russia over the last 5 years:
polyethylene - 11%;
polypropylene - 6%.
Leader in polymers processing technologies:
extrusion coating;
cable extrusion;
injection molding.
BERGEN (Sabic) -- Kitchenware industry leader, Robinson Home Products - home of well-known brands such as Oneida, Sunbeam, Rubbermaid and Crock Pot - has tapped SABIC Innovative Plastics' eco-engineered Valox iQ resin for its new Green Street line of plastic kitchen utensils. A more sustainable, higher-performance material than traditional resins, Valox iQ resin utilizes upcycled polyethylene terephthalate (PET) water bottles, diverting them from already bulging landfills. Equally important, this innovative product delivers the exceptional performance and quality that consumers demand in kitchenware, including heat and chemical resistance, U.S. Food and Drug Administration (FDA) approval for food contact, and attractive appearance. SABIC Innovative Plastics' investment in sustainable technologies helps companies like Robinson Home Products - a SABIC Innovative Plastics customer for over 30 years - achieve business success while promoting environmental protection.
MRC
MRC Reference
Sabic. The share in the Russian market in 2008:
PE - 0.2%;
PP - 0.4%;
PS - 0.2%.
Annual sales growth in Russia over the last 5 years:
PE - 33%;
PP - 62%.
Icis
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