IHS Chemical Week

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June 8, 2016
US nonfuel-use propylene inventory dropped last week, according to data released by the Energy Information Administration (EIA). The decline follows another the week before and comes while two propylene dehydrogenation (PDH) units remain offline....
June 8, 2016

During the week ended 4 June, chemical railcar traffic in North America decreased 5.7% year-over-year (YOY) as shipments in the United States dropped 4.5% YOY, their first YOY decline in 11 weeks, and only their fourth this year.

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June 7, 2016
Linde is planning to invest $40 million to build a new air separation unit (ASU) to meet growing customer demands. The new ASU will manufacture products in southern Georgia and...
June 7, 2016
Italmatch Chemicals (Genoa, Italy), a specialty chemicals company, says it has acquired 100% of Compass Chemical (Smyrna, GA) from private equity firm One Rock Capital Partners for an...
June 7, 2016
Petrochemical firm Lotte Chemical (Seoul), in a statement to the Korea Exchange on 7 June, says that it has submitted a proposal to acquire Axiall (Atlanta). Financial details of the...
June 7, 2016
US benzene firmed on Tuesday, and it could move higher this week on the back of stronger crude oil. However, the outlook is complicated by weakness in the gasoline market....
June 7, 2016
Location of PE production and demand. Copyright of Shell International. Shell Chemical has made the final investment decision to build a major petrochemical complex, comprising a...
June 7, 2016
Borealis, Europe’s second largest polyolefins producer, on Tuesday announced an investment of €40 million ($45.5 million) in an upgrade of its olefins plant at Porvoo...
June 7, 2016
H.B. Fuller announced on 6 June that it has signed an agreement to purchase Cyberbond (Batavia, IL), a manufacturer of industrial adhesives for the electronics, medical, audio...
June 7, 2016

US benzene spot prices moved higher Monday as market participants waited to hear the status of ExxonMobil's chemical plant in Beaumont, TX, following production issues late Friday. The increase continued a rally that began late last week

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June 7, 2016
Trecora Resources (Sugar Land, TX), a supplier of high-purity specialty hydrocarbons and waxes, says that it has received permission from the Texas Commission on Environmental Quality...
June 7, 2016
Hanwha Chemical (Seoul) informed the Korea Exchange on 7 June that its Hanwha Advanced Materials Corp. subsidiary has submitted a letter of intent to acquire Continental Structural...
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