Tag Archives | US

Braskem makes its first US move; acquires Sunoco PP assets

By Malini Hariharan

Less then a week after the blog had highlighted Braskem’s plans for global growth through acquisitions the company has announced that it will buy the polypropylene (PP) assets of US-based Sunoco.

The $350m deal, still subject to …

Continue Reading
refinery.jpg

Refinery Profit Squeeze Threat To Petchems

“Any Old Iron?”

Source of picture: http://www.investorfsbo.com/refinery.html

 

By John Richardson

A LONG-TERM shift in refinery economics is posing a major threat to petrochemical margins – along with the delayed supply crisis that’s likely to hit the industry at some …

Continue Reading