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Plastics markets & sustainability
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March 2019
CW Enterprise
EPS balance to improve on sharp decline in capacity growth
Global capacity to produce expandable polystyrene (EPS) far exceeds demand. Ten years ago, booming demand sparked a surge in new capacity investment, mainly in China, but the market failed to keep pace. Since then, steady additions to the supply base have made it impossible to catch up, but the rate.......
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ExxonMobil greenlights Baton Rouge polypropylene project
ExxonMobil has decided to go forward with construction of a 450,000-metric tons/year polypropylene (PP) unit in Baton Rouge, Louisiana. The company plans to break ground this year and begin operation in 2021. Cost estimates were not released. The PP project is additional to ExxonMobil’s $20-bi.....
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Ascend extends force majeure on HMDA, nylon-6,6 polymers, compounds, and fibers
Ascend Performance Materials (Houston, Texas) said on Wednesday that it has extended its force majeure on hexamethylenediamine (HMDA) and all nylon-6,6 polymers, compounds, and fibers. Ascend on 7 January declared force majeure on HMDA, the feedstock for nylon-6,6, citing the slow ramp-up of its rec.......
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Russia's largest petchems complex begins production
ZapSibNeftekhim (Tobolsk, Russia), a $9.5-billion petchems project being built by Russia’s largest petchems producer, Sibur (Moscow), today reported production of the first quantities of polypropylene (PP). The unit has produced a pilot batch of PP granules from third-party feedstock. ZapSibN.......
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Lukoil plans PP, styrene production facilities in Russia
Lukoil (Moscow) is planning to build a world-scale polypropylene (PP) plant as well as a styrene manufacturing complex at its Kstovo refinery in Nizhny Novgorod region, Russia. The company is completing a feasibility study into the projects, which will use refinery by-products as feedstock, accordin.......
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Markets
WPC 2019: Industry must address plastic waste head on, says LyondellBasell CEO
Shaped by photographs of garbage-strewn beaches and reports of a vast Pacific garbage patch, public attitudes toward plastics are increasingly skeptical, and it will take more than education to reverse the trend, says Bob Patel, CEO of LyondellBasell. Speaking Wednesday at IHS Markit’s World P.......
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WPC 2019: Industry’s small steps toward sustainability as a business strategy
From left to right: Tim Stedman, Senior Vice President/Business President, Trinseo; Edison Terra, Executive Vice President, Polyolefins South America/Europe & Renewables, Braskem; Nina Butler, CEO, MORE R.......
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