A decade ago, if someone asked, “What is the worst business in the chemical industry?,” styrenics would have been a fantastic answer. Styrene and polystyrene perennially lost money for chemical makers as demand ebbed and producers maintained too much capacity. Major industry players shuttered plants, and some even unloaded their businesses on companies still willing to try their luck at it. The industry reorganization paid off. Styrene and its derivatives are making money again. Companies . . .
And it wasn’t as if sharp sales drops at a few firms weighed down the entire group. The decline was dispersed evenly throughout the industry. Of the 50 firms, only nine saw sales increase, and for a few of those—including Olin, Kraton, and Westlake Chemical—the improvement was the result of large acquisitions. Part of the explanation for the decline can be found in oil prices, which dipped to nearly $30 per barrel early last year, their lowest levels since 2003.
In its second big U.S. Gulf Coast deal in as many months, the Canadian petrochemical maker Nova Chemicals has agreed to buy Williams Partners’ Geismar, La., ethylene cracker and related assets for $2.1 billion. Nova will get Williams’s 88% interest in the Geismar cracker, which in 2015 was expanded by 40% to a capacity of 900,000 metric tons per year. Saudi Basic Industries owns the other 12%.
Muck Rack makes it simple to find people, tweets, or articles that mention any name, keyword, company, hashtag etc. We've compiled this guide to help you make the most of your search.
Selecting a term
Start searching tweets, articles from media outlets, articles mentioned in tweets, journalists'
names, titles and bios with some suggested searches:
Companies or Topics (e.g. iPhone, Microsoft)
Phrases (e.g. "cloud computing") — use quotes to keep the terms together
Twitter handles (e.g. @username) — returns those who have mentioned or replied to
Names (e.g. "David Pogue")
Hashtags (e.g. #sxsw, #london2012)
Bio details (e.g. vegan, Olympics, father)
Muck Rack's Advanced Search allows for many boolean operators.
Find results that mention multiple specified terms, use AND or
+. For example, ensure each result contains both Elon Musk and Mark Zuckerberg by
searching Obama AND Romney or Obama + Romney.
Use the operators OR or , to broaden your search when you'd like either of
multiple terms to appear in results. (This is the default behavior of our search when no operators
are used.) For example, search for democrat OR republican to find results that refer to
Democrats and/or Republicans.
Use NOT or - to subtract results from your search. For
example, searching Disney will yield results about the Walt Disney Company as well as Walt Disney
World Resort. To exclude mentions of Disney World, search for Disney -World or Disney
When using one of these operators with a phrase, enclose it in quotation marks. For example, you can
find results about smartphones excluding Apple's iPhone 4S by searching smartphone -"iPhone
Exact case matching or punctuation
If you're searching for a brand name or keyword that relies on specific punctuation marks or capitalization, you can
find results that match your exact query by adding matchcase: before the keyword you're searching for, like matchcase:E*TRADE .
Use parentheses to separate multiple
boolean phrases. For example, to find journalists talking about having fun in Disney World or
Disneyland, search for ("disney world" OR disneyland) AND fun.
An asterisk can be used to search for any variation of a root word truncated by the asterisk. For example, searching for admin* will return results for administrator, administration, administer, administered, etc.
A near operator is an AND operator where you can control the distance between the words. You can vary the distance the near operation uses by adding a forward slash and number (between 0-99) such as strawberries NEAR/10 "whipped cream", which means the strawberries must exist within 10 words of "whipped cream".