Occidental Chemical Corp.
More than two dozen companies have created a new group, called the Alliance to End Plastic Waste, which has committed $1 billion over five years to solve plastic waste problems.
A joint venture between Occidental Chemical Corp. and a Mexico-based PVC and specialty chemicals firm has a green light from the U.S. Environmental Protection Agency to build an ethylene cracker in Ingleside, Texas.
AKRON, OHIO — Recent North American price declines for polypropylene and suspension PVC resins are featured in this week's Material Insights video. Also this week we report on big moves by DuPont Co. and Mexichem SAB de CV, as well as news that investor Sunil Kumar and his daughter Monica have bought nylon resin maker and compounder Nylon Corp. of America.
MEXICO CITY — Mexican PVC and specialty chemicals maker Mexichem SAB de CV and Occidental Chemical Corp. have formed a $1.5 billion, 50-50 joint venture to build an ethylene cracker with an annual capacity of 1.2 billion pounds at an OxyChem complex in Ingleside, Texas, as well as pipelines and storage in Markham, Texas.
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