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September 2, 2015
US propylene stocks were higher in the final week of August, according to data released on Wednesday by the Energy Information Administration (EIA). Propane/propylene stocks were at...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/US-propylene-stocks-up-in-final-week-of-August_73385.html
September 2, 2015
The US August ethylene contract settled at 29.50 cts/lb Wednesday, losing 3.25 cts per pound from the July contract price. The settlement represented the third consecutive monthly...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/US-August-ethylene-contract-declines-for-third-consecutive-month_73399.html
September 2, 2015
CB&I said on Wednesday that it has been awarded an early works contract by LACC, a joint venture between Axiall and Lotte Chemical (Seoul), to provide additional detailed...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/CB-and-I-awarded-engineering-and-procurement-work-for-Axiall-Lotte-cracker-in-Louisiana_73387.html
September 1, 2015
Americas Styrenics (The Woodlands, TX) has announced a 5 ct/lb decrease in the transaction price of all grades of polystyrene, effective 1 September....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Americas-Styrenics-cuts-polystyrene-by-5-ctslb_73373.html
September 1, 2015
The European September styrene barge contract has settled at €1,200/m.t. fob Amsterdam-Rotterdam-Antwerp, a decrease of €100/m.t. from the August price. The settlement was...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Europe-September-styrene-barge-settlement-drops_73361.html
September 1, 2015
The benzene contract price for September has settled in Europe at $585/m.t. or €519/m.t., a triple-digit decrease of $268 or €260/m.t. from the August level. The decrease...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Triple-digit-decrease-for-Europes-September-benzene-contract_73360.html
September 1, 2015
CCM Fertilizers (CCMF; Kuala Lumpur) said on Tuesday that it will cease operations of its Shah Alam manufacturing plant in view of the prolonged negative market conditions, reduced...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Malaysian-firm-to-close-down-fertilizer-plant-on-reduced-demand_73358.html
September 1, 2015
Danakali (West Perth, Australia) says it has completed its annual exploration licence extension for the Colluli potash project in Eritrea on behalf of the Colluli Mining Share Co...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Feasibility-study-on-Eritrean-potash-project-to-be-completed-in-fourth-quarter_73356.html
September 1, 2015
Fertilizer producer Acron (Velikiy Novgorod, Russia) reports an 84% increase in net profit for the first half of 2015, compard with the corresponding period of last year, to 12.1...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Acron-posts-big-hikes-in-profit-sales_73355.html
September 1, 2015
African Potash, the AIM listed exploration company focused on sub-Saharan potash assets, on Tuesday announced that it has entered into a memorandum of understanding with a Malawian...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/African-Potash-signs-second-fertilizer-supply-deal_73351.html
September 1, 2015
The US September benzene contract settled at $2.01 per gallon on Monday, following a recent decline in US Gulf spot prices. The declining crude markets along with weaker European and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/US-September-benzene-contract-declines-alongside-global-markets_73338.html
September 1, 2015
Shell Canada said in a letter to customers on Monday that it was lifting its force majeure that was declared on 7 July, with respect to its supply of styrene. The lifting of the FM...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Shell-Canada-lifts-styrene-force-majeure_73341.html
August 31, 2015
Evonik Industries has started up plants for C4-based products at its Marl, Germany, site, part of a three-digit million-euro investment for these products in Europe. The plants were...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Evonik-starts-up-C4-expansion-at-Marl-using-new-technology_73322.html
August 31, 2015
The permanent lifting of sanctions against Iran could boost Iran's methanol capacity by 10 million m.t./year by 2025, according to a new report by IHS Chemical. Iran currently produces...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/IHS-Chemical-Irans-methanol-capacity-could-soar-if-sanctions-are-lifted_73308.html
August 31, 2015
BP said on Monday that it has agreed to license its latest-generation purified terephthalic acid (PTA) technology to Oman International Petrochemical Industries Co. (Ompet), a joint...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/BP-licenses-technology-for-world-scale-PTA-plant-in-Oman_73319.html
August 28, 2015
OCI (Amsterdam), a producer of fertilizers and methanol currently combining most of its assets with CF Industries, has announced an increase in profits in the first six months of this...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/OCI-raises-profits-will-remain-growth-platform-post-CF-transaction_73302.html
August 28, 2015
It has been a turbulent couple of weeks for aromatics, taking into account the volatility in energy markets. However, styrene spot prices in Europe have tried to hold their ground...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Spot-styrene-falls-sharply-in-Europe-but-hefty-premium-persists-for-prompt-material_73309.html
August 28, 2015
The Indian government has invited companies to build and operate a world-scale, gas-based ammonia-urea complex at Gorakhpur, Uttar Pradesh State. The facility will be designed to...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Indian-government-invites-bids-for-urea-project-allocates-gas_73301.html
August 28, 2015
With prompt benzene prices hitting a six-month low in the United States this week on the back of weaker crude futures and weaker European and Asian markets, the upcoming US September...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Benzene-contract-expected-lower-in-US-in-line-with-world-markets_73264.html
August 27, 2015
Boardwalk Louisiana Midstream said on 27 August that the US Department of Transportation Pipeline and Hazardous Materials Safety Administration (PHMSA) had approved the Evangeline...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Evangeline-pipeline-returns-to-full-operating-pressure_73275.html
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