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(chemmonitor) -- Polyef, a Russia-based company, decided to initiate a polyethylene terephthalate (PET) capacity expansion project.
The facility has a rated capacity of 0.12 million tonnes per year. The manufacturer intends to raise its output by 0.09 million tonnes per year.
Polyef Group was founded in 2006. The company produces and sales polyester fiber, clothing, furniture and silicon syntepon.
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Russian Polyef to enhance its PET capacity
Exxon restarts part of Louisiana pipeline after spill
(hydrocarbonprocessing) -- ExxonMobil Pipeline Co. has restarted part of its North Line oil pipeline in Louisiana, which was shut down April 28 because of a leak. The stretch of North Line affected by the leak, northwest of Baton Rouge, remained shut, according to the company.
ExxonMobil Pipeline Co. has restarted part of its North Line oil pipeline in Louisiana, which was shut down April 28 because of a leak.
"Over the weekend, ExxonMobil Pipeline Co. restarted the portion of the North Line crude pipeline which runs from St. James, Louisiana, to Anchorage, Louisiana," Claire Hassett told. The stretch of North Line affected by the leak, northwest of Baton Rouge, remained shut.
ExxonMobile Pipeline is a unit of ExxonMobil.
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Solvay profit forecast tops most estimates as prices gain
(Reuters) -- Belgian chemicals group Solvay SA expects profit to recover in 2012 thanks to cost-cutting initiatives which helped offset weak markets for its plastics unit and beat consensus in the first quarter.
Solvay has suffered as a struggling construction sector buys less of its PVC for use in drainage pipes and window frames while raw material prices have continued to rise.
However, it now expects an efficiency drive and the benefits of its 3.4 billion-euro (USD4.44 billion) purchase of French specialty chemicals group Rhodia to help it reduce costs and give it an overall recurring core profit roughly in line with 2011.
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Eastman finishes retrofit of newly-acquired plasticizer plant in Texas
(hydrocarbonprocessing) -- Eastman Chemical has completed the retrofit and startup of its non-phthalate plasticizer manufacturing facility in Texas City, Texas. Eastman, which purchased the former Sterling Chemicals plant in mid-2011, said further capacity additions were possible with minimal investment.
Eastman Chemical says it has completed the retrofit and startup of its non-phthalate plasticizer manufacturing facility in Texas City, Texas.Eastman acquired the former Sterling Chemicals plant in mid-2011 as part of its USD100 million purchase of the company.
The facility, which will primarily produce Eastman 168 non-phthalate plasticizer, will increase the overall capacity of Eastman 168 by approximately 60%, the company said.
Further capacity increases are possible with minimal investment at the Texas City site as demand for non-phthalate plasticizers continues to grow, Eastman said.
Indian and Chinese companies set to raise polypropylene supply in the Asian market
(chemmonitor) -- Polypropylene (PP) market in Asia will witness a rise in supply in a couple of months. In the Indian and Chinese markets, the inventories of PP are likely to increase by about 2 million tons annually in line with new units startups.
The Chinese PP market is predicted to boost the output of the product by around 900,000 tons per year by late Q2 2012.
The China-based power producer Datang International Power Generation Company will implement tests at its new methanol-to-olefins unit with the annual output of 461,000 tons.
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