Archives for February2013

LyondellBasell’s Record Earnings for 2012

HOUSTON, TX – LyondellBasell has reported a company record in yearend earnings of $2.9 billion a $400 million increase from 2011. According to LyondellBassell CEO Jim Gallogly, the record earnings …

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M&A Pros and Cons

UNITED STATES — Recent mergers and acquisitions signal that the plastics industry is prone to consolidation, particularly processor and mold manufacturers. Several factors contribute to this recent trend including the …

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Dow Pushes Limited NGL Exports

WASHINGTON D.C. — Ann Arbor, MI based Dow Chemical addressed the Senate this week in order to increase efforts on limiting Natural Gas exports from the United States. Dow CEO …

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‘Runaway’ Manufacturing Plants

A dispute continues about whether manufacturing plants will soon be nonexistent in the United States.  The topic of discussion is whether “reshoring” will be effective or if the hub of …

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ACC’s 2012 Resin Stats

WASHINGTON D.C. — The American Chemistry Council reported the 2012 calendar year results for resin production and sales statistics on Monday. According to the ACC, sales and internal use of …

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