IHS Chemical Week

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Displaying 1 - 12 of 5643 stories.
August 25, 2016
The Texas Railroad Commission ruled on 24 August that Westlake Chemical Corp. cannot charge Eastman Chemical Co. a market-based price for using a common-carrier ethylene pipeline between Longview and Mont Belvieu, Texas, putting to rest a three-year-old dispute between the two companies. By a vote of two to one, the commission has set the rate that Westlake may charge at $2.45 per 100 pounds—below the $3.50 sought by Westlake but higher than the original rate of $1.90....
August 25, 2016
US nonfuel propylene inventory came down for a seventh consecutive week, according to data released by the US Energy Information Administration. Inventory levels last week were the lowest in nearly two years....
August 25, 2016
Grupa Azoty SA (Kedzierzyn, Poland), a leading chemicals conglomerate comprising four main manufacturing subsidiaries, reports a major drop in profits and revenue in the second quarter this year due to poor fertilizer markets....
August 25, 2016
Sociedad Química y Minera de Chile SA (SQM; Santiago, Chile) reports $83.1 million in net income for the second quarter, close to the $83.2 million reported one year earlier...
August 24, 2016
Borealis AG, a producer of polyolefins, base chemicals, and fertilizers, on Wednesday announced 12% lower second-quarter net profit and 10% lower consolidated sales of €309 million ($348.5 million) and €2.2 billion, respectively, still the company's second-best quarterly result after the record 2015....
August 24, 2016
Higher traces of TdGA could also be caused by second-hand smoke, vehicle emissions....
August 24, 2016
Phillips 66 (Houston, Texas) has declared force majeure on mixed xylenes after failing to restart the reformer at its Alliance refinery in Belle Chasse, Louisiana, last weekend. The company expects to resume producing mixed xylenes this weekend. Until then, tight supply will keep spot prices under severe pressure, says Kevin Wallman, principal analyst/aromatics at IHS Chemical....
August 24, 2016
K+S Group (Kassel, Germany) marked the beginning of the commissioning of its Legacy potash project in Canada on Tuesday on the occasion of a visit by board members to the site, including by president and CEO Norbert Steiner and Ulrich Lamp, president and CEO of K+S Potash Canada....
August 23, 2016
The board of construction materials firm Cementos Pacasmayo SAA (Lima, Peru) has approved the spin-off of the company's phosphate holdings, grouped under the Fosfatos del Pacifico...
August 22, 2016
Marathon Petroleum's Galveston Bay refinery in Texas City, Texas is expected to restart its reformer this week following steam issues at the facility over the weekend...
August 22, 2016
PJSOC Bashneft (Ufa, Russia) and PJSC Sibur Holding (Moscow, Russia) have signed a long-term, formula-based pricing contract for the supply of para-xylene (p-xylene), the...
August 22, 2016
Saudi International Petrochemical Co. said Monday technical issues involving its carbon monoxide plant at Al-Jubail, Saudi Arabia, have been resolved and production is back to normal....
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