North American PE and PP resin prices both slide in May
North American PP resin prices slipped for the second straight month in May, while prices for PE resin also decreased after a flat month.
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Sabic & Sinopec in agreement to cooperate on joint projects
Sabic and Sinopec have signed a strategic cooperation agreement.
Borealis, Nova, Total to form PE/ethylene JV
Borealis and NOVA Chemicals enter Preliminary Agreement with Total to meet growing global demand for polyethylene
Sibur sold OJSC Plastik
The company has sold its 100% stake in OJSC Plastik to the group of private investors for RUB 575 million.
BASF and Yara discuss potential joint ammonia investment
BASF and Yara are evaluating a possible joint investment into ammonia plant at the U.S. Gulf Coast.
Styrolution and Braskem plan ABS joint venture
The new joint venture would be only producer of ABS and SAN specialties in South America.
Dow sells Polypropylene Licensing & Catalysts business
Dow's global PP Licensing & Catalysts business will be divested to W. R. Grace & Co. for $500m.
Lanxess increases competitiveness
Efficiency improvements and targeted restructuring will bring annual savings of EUR 100 million from 2015.
New ethylene plant opened in China
Sinopec started production in its new ethylene plant in Wuhan, China.
Innovations for large volume production
More than 400 exhibitors from 28 countries will exhibit at Composites Europe 2013 in Stuttgart.
Evonik opens Plexiglas plant in South Africa
New plant will produce several thousand metric tons of semi-finished material per year for the African market.
Clariant and Lummus Novolen to build PP catalyst plant
Clariant signed polypropylene catalyst commercialization agreement with polypropylene technology licensor Lummus Novolen Technology.
