Iraqi officials auctioned off oil contracts to foreign oil companies with the aim of reviving production in six developed oil fields that have suffered from neglect since the Iraq war began in 2003. More than 30 companies, including BP and Exxon Mobil, were said to have taking part in the bidding.
Three men who worked at a DuPont Co. nylon plant in Mercedes, Argentina have sued the chemical manufacturer, claiming that it failed to protect them from asbestos that has left them seriously ill. The plaintiffs claim DuPont has known of the dangers of asbestos exposure for decades, but that workers at the plant were exposed to the deadly substance as recently as 2004, prior to the plant being sold. According to the lawsuit, all three men suffer from asbestosis and two also have asbestos-related cancers.
Hanwha Chemical Corp. has broken ground for a plant to produce polyvinyl chloride (PVC) in Ningbo, China. The $380 million plant will start commercial production in December 2012. It is expected to have an annual capacity of 300,000 tons.
Eastman Chemical Co. has launched its new, high solvating, non-phthalate plasticizer, Eastman DBT, in the European Union. Eastman DBT is particularly suitable for use in PVC plastisols and water-based adhesive applications.
ExxonMobil Chemical is investing in increased polypropylene compounding capacity and capability at its Lillebonne, France polypropylene plant. Capacity will increase by 45,000 tons and is expected to be completed by the end of 2009. The expansion will help meet the growing demand for Exxtral performance polyolefins from automotive original equipment manufacturers, primarily in Europe.
China has imposed a temporary anti-dumping measure on polyamide-6,6 imported from the U.S., Italy, Britain, France and Taiwan. The Ministry of Commerce has said those countries have dumped polyamide-6,6 in China, causing substantial damage to its polyamide-6,6 industry. Polyamide-6,6 is a chemical used to produce synthetic fibers and plastics. Timing for this measure is not determined.