Industry: Specialty chemicals

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ADI chemicals newsletter: Petchem investments

ExxonMobil & Fujian Petrochemical to construct chemical complex Fujian Petrochemical Company Limited (a company owned 50 percent by China Petroleum & Chemical Corporation (Sinopec) and 50 percent by Fujian Government) (FPCL), ExxonMobil China Petroleum and Petrochemical Company Limited (ExxonMobil), and Aramco Overseas Company B.V. (Saudi Aramco) reached agreement to jointly fund the front end loading […]

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ADI chemicals newsletter: ExxonMobil Europe’s new PP resins

ExxonMobil develops new PP resin grades in Europe ExxonMobil Chemical announced the availability of an advanced polypropylene resin grade – ExxonMobil PP5122E1-designed to provide the high transparency and stiffness required for demanding sheet and thermoforming applications. ExxonMobil PP5122E1, available only in Europe, is a clarified polypropylene using proprietary ExxonMobil Chemical formulation processes. ExxonMobil PP5122E1 resin […]

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ADI chemicals newsletter: ExxonMobil debuts new PE

ExxonMobil Chemical develops a new cost-effective PE resin for wire and cable applications ExxonMobil Chemical announced a new linear low-density polyethylene (LLDPE) resin, LL 4004EL, for low-voltage power cable insulations. According to the company, the resin provides the cable manufacturer with a balance of crosslinking speed and ease of processing for cost-competitive cable constructions. ExxonMobil […]

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ADI chemicals newsletter: Major polyolefins earnings

Major polyolefins producers Dow, ExxonMobil, Nova, and DuPont report earnings Dow Chemical Dow Chemical Company reported fourth-quarter sales of $8.3 billion, up 20% from fourth-quarter 2002 sales of $7.0 billion, with a 12% increase in price and an 8% increase in volume. Net income rose to $929 million, compared with a loss of $809 million […]