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China’s ‘Green Fence’ makes unprecedented cuts in recycled plastic imports


May 19, 2013 2:35 pm ET

GUANGZHOU, CHINA -- China’s “Green Fence” crackdown on dirty scrap materials has reduced imports of plastic waste by 5.5 percent in the first four months of the year, a significant change for a country long-used to double-digit increases in recycled materials flowing in.

Milliken filing infringement suits


May 17, 2013 2:52 pm ET

SPARTANBURG, S.C. -- Specialty chemicals and textiles maker Milliken & Co. has filed lawsuits against several Asian competitors, claiming they have infringed on intellectual property for Millad-brand clarifying agents.

Biopolymer maker BioAmber raises $80 million in IPO


May 17, 2013 2:27 pm ET

MINNEAPOLIS — Sustainable chemical maker BioAmber Inc. raised $80 million in an initial public offering of its stock on May 10.

Dow loses appeal in urethane chemical price-fixing case


May 17, 2013 9:52 am ET

KANSAS CITY, KAN. — Dow Chemical Co. said it will appeal the ruling by a Kansas City federal judge denying Dow's motion to decertify a price-fixing class action and ordering the company to pay $1.2 billion in damages to the plaintiffs.

Europe focuses on graphene composites


May 17, 2013 9:51 am ET

MANCHESTER, ENGLAND — Ever since it was first separated from graphite in 2004, the possibilities of graphene have proven irresistible to plastics firms looking for composite materials with a greater strength-to-weight ratio (and the advantage of being electrically-conductive) and semiconductor makers looking for a viable alternative to...

LyondellBasell to close European HDPE plant


May 17, 2013 9:48 am ET

ROTTERDAM, NETHERLANDS — LyondellBasell Industries will shut a high density polyethylene (HDPE) unit in Wesseling, Germany, in the third quarter of 2013. The Rotterdam-based company has closed around 2.5 billion pounds of capacity in Europe in recent years and cut headcount by 30 percent.

North American PET bottle resin prices drop 7 cents


May 16, 2013 1:04 pm ET

AKRON, OHIO — Lower demand and declining feedstock prices have helped send North American PET bottle resin prices down an average of 7 cents per pound since March 1.

Invista takes next step toward Chinese nylon 6/6 plant


May 16, 2013 12:50 pm ET

WICHITA, KAN. — Materials firm Invista has moved a step closer to building a nylon 6/6 plant in Shanghai, announcing May 15 that it has signed an agreement with the Shanghai Chemical Industry Park to reserve land for the facility.

Supply issues impact Chevron Phillips and Formosa polyethylene plants


May 15, 2013 1:42 pm ET

AKRON, OHIO — Production and supply issues continue to impact polyethylene plants operated by Formosa Plastics Corp. USA and Chevron Phillips Chemical Co. in Texas.

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