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January 26, 2015
Mixed xylene (MX) spot prices picked up during the past week in the United States, alongside reduced production, but demand remains weak in domestic as well as overseas markets. Many...
http://www.chemweek.com/home/top_of_the_news/Demand-for-mixed-xylenes-exports-from-US-is-still-lackluster_67190.html
January 23, 2015
Europe's styrene market has made steady gains through this week on the back of renewed buying interest for prompt material as traders moved to put together cargoes for export. Trading...
http://www.chemweek.com/home/top_of_the_news/Prompt-export-demand-pushes-styrene-prices-up-in-Europe_67171.html
January 23, 2015
Several sectors of the UK plastics industry today expressed their disappointment that the government is considering to press ahead with plans to potentially exempt biodegradable...
http://www.chemweek.com/home/top_of_the_news/UK-plastics-industry-warns-that-biodegradable-carrier-bag-levy-exemption-will-hurt-recycling-jobs_67169.html
January 23, 2015
FDA, on 22 January, issued an import alert for an active pharmaceutical ingredient (API) manufacturing facility of Ipca Laboratories (Mumbai), located at Ratlam, India. An import alert...
http://www.chemweek.com/home/top_of_the_news/FDA-issues-import-alert-against-Ipca-API-plant_67168.html
January 23, 2015
Sibur has confirmed to CW reports published by Russian press agency Interfax that it is reviewing the costs of its large petrochemicals project ZapSibNeftekhim. The review will take...
http://www.chemweek.com/home/top_of_the_news/Sibur-reviewing-plans-for-large-petchems-project-ZapSibNeftekhim_67166.html
January 23, 2015
South Korea's benzene exports to China have increased in January on month-on-month and year-on-year (YOY) bases, data obtained by IHS Chemical show. Volatile crude oil futures have put...
http://www.chemweek.com/home/top_of_the_news/South-Koreas-benzene-exports-to-China-rise-amid-crude-volatility_67165.html
January 23, 2015
BP said on Thursday that it intends to sell its 950,000-cubic meter capacity oil storage terminal in Amsterdam, which it has owned and operated since 1997. The terminal acts as an...
http://www.chemweek.com/home/top_of_the_news/BP-to-divest-Amsterdam-oil-terminal_67164.html
January 23, 2015
Celanese (Dallas, TX) reports a net loss for the fourth quarter of $85 million, down from $654 million in the year-ago period. Net sales totaled $1.6 billion, down 3.5% year-over-year (YOY). Adjusted earnings per share totaled $1.28, up 23% YOY and 9 cents above the analysts’ consensus of $1.19 compiled by Thomson Reuters (New York)....
http://www.chemweek.com/home/top_of_the_news/Celanese-beats-estimates-but-guides-2015-lower_67157.html
January 23, 2015
Production of several major aromatics products declined in Japan during 2014, data from the Japan Petrochemical Industry Association (JPIA; Tokyo) show. JPIA posted data for 18...
http://www.chemweek.com/home/top_of_the_news/Japans-aromatics-production-declined-in-2014_67159.html
January 23, 2015
Clariant said today that it is acquiring a 30% stake in the health- and personal-care business of Beraca (São Paulo), a leading provider of natural and organic ingredients, with...
http://www.chemweek.com/home/top_of_the_news/Clariant-acquires-stake-in-Brazilian-health-and-personal-care-firm-Beraca_67161.html
January 22, 2015
Enterprise Products Partners will proceed with the expansion of the Panola Pipeline Company natural gas liquids (NGL) system. Shipper commitments obtained during a recent open season are sufficient to support the project, which will increase the system’s capacity by 50,000 bbl/day, the company says....
http://www.chemweek.com/home/top_of_the_news/Enterprise-to-expand-Panola-NGL-pipeline-by-50000-bblday_67116.html
January 22, 2015
Sika (Baar, Switzerland) has entered exclusive talks with management and shareholders of Axson Technologies (Saint-Ouen l'Aumône, France) to acquire Axson, Sika announced today...
http://www.chemweek.com/home/top_of_the_news/Sika-enters-talks-to-acquire-epoxy-PU-polymer-formulations-specialist_67097.html
January 22, 2015
German trade union IG BCE (Hanover), representing workers in the chemical, mining, and energy sectors, has demanded today a pay increase of 4.8% for the 550,000 workers in the chemical...
http://www.chemweek.com/home/top_of_the_news/Germanys-chemical-industry-workers-seek-4-8-percent-pay-rise-employers-association-rejects-demands_67087.html
January 22, 2015
Praxair announced today that it has been awarded a five-year contract to supply NASA’s agency-wide liquid hydrogen needs. Praxair, North America’s largest industrial gases...
http://www.chemweek.com/home/top_of_the_news/Praxair-to-supply-NASA-with-liquid-hydrogen_67098.html
January 22, 2015
LyondellBasell says three senior executives – Timothy D. Roberts, Patrick D. Quarles and Kevin W. Brown – have assumed expanded roles within the company....
http://www.chemweek.com/home/top_of_the_news/LyondellBasell-expands-role-of-three-senior-executives_67007.html
January 22, 2015
China American Petrochemical Co. (Capco), a joint venture between BP and CPC Corp. (Taipei), has announced that it will decommission its five purified terephthalic acid (PTA) plants at...
http://www.chemweek.com/home/top_of_the_news/BPs-Capco-JV-to-decommission-five-PTA-plants-in-Taiwan-close-site_67083.html
January 22, 2015
Teesside Collective, a cluster of energy-intensive industries, has laid out a carbon capture and storage (CCS) vision for the Tees Valley region of the United Kingdom. Four firms with...
http://www.chemweek.com/home/top_of_the_news/Energy-intensive-industries-launch-carbon-capture-storage-initiative-in-the-UK_67048.html
January 22, 2015
National Industrialization Co. (Tasnee) said today that it signed an Islamic Murabaha financing agreement for 1.2 billion Saudi riyals ($319.4 million) with each the Riyadh Bank and...
http://www.chemweek.com/home/top_of_the_news/Tasnee-signs-financing-agreement-to-fund-acquisition-of-additional-shares-in-Cristal_67081.html
January 22, 2015
AMEC Foster Wheeler (AFW) has been awarded a contract by the Oman Tank Terminal Co. for the front-end engineering design of the Ras Markaz crude oil park project in Oman. Located 70...
http://www.chemweek.com/home/top_of_the_news/AMEC-Foster-Wheeler-awarded-oil-storage-terminal-contract-in-Oman_67078.html
January 22, 2015
Solvay said today that it will build a new manufacturing and filling facility in the Netherlands to produce hydrogen peroxide grades that are used as disinfection and decontamination...
http://www.chemweek.com/home/top_of_the_news/Solvay-to-build-pharma-grade-hydrogen-peroxide-facility-in-Netherlands_67079.html
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