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MEXICO CITY -- The decision by state oil company Petróleos Mexicanos to form a $556 million vinyl chloride monomer joint venture with Mexichem SAB de CV underscores the new federal government's commitment to the plastics industry, according to a top association official in Mexico.

POINT COMFORT, TEXAS -- Formosa Plastics Corp. USA has been fined almost $1.5 million by the U.S. Environmental Protection Agency for failing to install more than 8,000 pieces of leak detection and repair equipment at its plastics and chemicals plant in Point Comfort.

AKRON, OHIO — A big hike in North American polypropylene prices is featured in this week's Material Insights video. Also this week, we report price changes for polystyrene and PVC, as well as news that Nova Chemicals Corp. has restarted its...

YUNFU, CHINA -- China's largest plastics pipe maker, China Liansu Group Holdings Ltd., is spending 116 million Chinese yuan ($18.4 million) to buy a valve manufacturing and epoxy coating factory owned by the company's chairman, Wong Luen Hei.

AKRON, OHIO -- A major price hike has hit the North American polypropylene market, sending prices up an average of 15 cents per pound since Jan. 1. Average selling prices in the region for polystyrene also are up 3 cents per pound since Nov. 1, while suspension PVC prices in the region have dropped 1 cent per pound since Dec. 1.

MEXICO CITY -- Mexichem SAB de CV, the largest manufacturer of PVC pipe, vinyl resins and compounds in Latin America, said Thursday it will form a vinyl chloride monomer joint venture with state oil company Petróleos Mexicanos (Pemex) after all, less than two months after withdrawing from the $556 million project.

ATLANTA — Georgia Gulf Corp. — a major producer of PVC and related products — will operate as Axiall Corp. after its merger with the commodity chemicals business of PPG Industries.

A quartet of year-end materials deals are featured in this week's Material Insights video. Resin distributor M. Holland kicked off the year-end spree by acquiring commodity and engineering resins distributor Christler Chemical & Plastics for an...

News doesn't take a break during the holidays.PlasticsNews.com has had a ton of big stories in the past few weeks, including news of major mergers, consolidation and expansions (too many to link, which is a good sign).But readers love off-beat and unusual stories too, so here are a few that I've been saving:"...