IHS Chemical Week

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July 29, 2014
IHS has entered into a partnership agreement with The Chlorine Institute (CI) that will allow IHS to provide worldwide access to CI’s safety and technical publications via IHS content platforms. The content will cover safe production, handling, and packaging; health and the environment; emergency planning and response; and properties of chemicals and analytical techniques. The materials will continue to be available directly from the CI Bookstore....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/IHS-to-host-Chlorine-Institute-safety-and-technical-publications_62763.html
July 28, 2014
Compass Minerals today reported its second-quarter results, posting a loss of $700,000 in earnings, down from a $10.6-million gain year-on-year (YOY). An earnings per share loss of 2...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Compass-Minerals-reports-loss-on-weak-salt_62744.html
July 25, 2014
PhosAgro (Moscow), a leading fertilizer producer, says production and sales in the first half of this year rose 3.4% and 3.9%, respectively. Production reached 3.08 million m.t. and...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PhosAgro-reports-higher-production-on-strong-fertilizer-demand_62715.html
July 25, 2014
Olin (Clayton, MO) reports a 16% year-over-year (YOY) decline in second-quarter income, the result of weak results in the chlor-alkali segment. Sales declined across the board. However, earnings of 46 cts/share beat the analysts’ consensus estimate of 45 cts/share, as reported by Thomson Reuters (New York)....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Olin-earnings-down-on-weak-chlor-alkali_62710.html
July 24, 2014
PotashCorp reported its second quarter results today—showing strong segment results, though, overall trailing behind the same quarter 2013. Net income dropped 26% YOY, to $472...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PotashCorp-earnings-down-YOY-but-above-guidance_62697.html
July 24, 2014
S-Oil (Seoul) today reported improved second-quarter results and outlined investment plans under new increased ownership by Saudi Aramco, including construction of an olefins complex...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/S-Oil-swings-to-profit-to-diversify-portfolio-with-olefins-complex_62689.html
July 23, 2014
Mosaic says it plans to permanently discontinue production of muriate of potash (MOP) at its Carlsbad, NM facility. The final date of production is expected to be 31 December...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Mosaic-to-permanently-halt-MOP-production-at-New-Mexico-facility_62667.html
July 23, 2014
Europe's ethylene producers expect to be able to defend current contract price levels despite a long market balance, as the European industry prepares for the scheduled turnaround of...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Europes-ethylene-producers-hope-to-defend-August-prices-despite-oversupply_62662.html
July 23, 2014
OCI Partners (Nederland, TX) says that recent severe thunderstorms in the Gulf Coast area caused a power outage that disrupted methanol and ammonia production at the company's facility near Beaumont, TX, over the past several days. Damage to the production facility was limited, the company says. The methanol unit was down for 3.5 days and the ammonia unit was down for less than one day....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/OCIs-Beaumont-methanol-ammonia-plants-back-up-after-brief-outage_62648.html
July 23, 2014
The Galveston County Economic Alliance announced on Tuesday that Fund Connell USA Energy and Chemical Investment Corp. is exploring plans to build a large methanol production and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Chinese-group-plans-$4-5-billion-methanol-complex-at-Texas-City_62657.html
July 22, 2014
Tesoro (San Antonio) says it plans to produce petrochemical feedstock in its US west coast refining system. The company intends to gather intermediate feedstock, primarily reformate...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Tesoro-to-produce-xylene-on-US-West-Coast-for-export-to-Asia_62629.html
July 22, 2014
ZeoGas (Houston), a developer of natural gas-to-gasoline projects, has entered into a license agreement to use ExxonMobil's research and engineering subsidiary’s...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/ZeoGas-to-use-ExxonMobil-methanol-to-gasoline-technology-in-US-Gulf-Coast-project_62627.html
July 22, 2014
The Saudi fertilizer industry leads regional production and is set to usher in a period of strong growth and diversification, according to Abdulwahab Al Sadoun, secretary-general of...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Saudi-Arabian-fertilizer-industry-set-for-growth-and-diversification_62630.html
July 21, 2014
Westlake Chemical Partners (Houston) announced on 21 July the start of its initial public offering of 11.25 million common units, which are to be listed on the New York Stock Exchange as WLKP. The company, a master limited partnership established to operate the ethylene production facilities of Westlake Chemical (Westlake; Houston), aims to be priced at $19–21/unit, about $225 million in total....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Westlake-launches-$225-million-IPO-of-ethylene-MLP_62611.html
July 21, 2014
Evonik Industries and AkzoNobel say they have entered into negotiations to build a membrane cell electrolysis production facility at AkzoNobel’s Ibbenbüren, Germany, site...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/AkzoNobel-and-Evonik-join-forces-in-membrane-cell-chlor-alkali-project-in-Germany_62608.html
July 21, 2014
Maire Tecnimont (Rome) today announced it has signed a memorandum of understanding (MOU) with the Fatima Group, a fertilizer player based in Pakistan; and Midwest Fertilizer Corp...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Maire-Tecnimont-signs-MOU-to-build-large-fertilizer-complex-in-the-US_62605.html
July 18, 2014
The Croatian government is selling its 22.82% stake in electrical and transport firm Koncar Elektroindustrija (Zagreb) to help raise funds to recapitalize the country's fertilizer...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Croatia-to-sell-stake-in-electrical-firm-to-raise-funds-for-state-backed-fertilizer-maker_62592.html
July 18, 2014
Yuhuang Chemical (Houston), a newly created subsidiary of Shandong Yuhuang Chemical, will invest $1.85 billion in a world-scale methanol manufacturing complex on the Mississippi River...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Chinese-firm-to-invest-$1-85-billion-in-methanol-complex-in-Louisiana-Air-Liquide-to-provide-technology_62582.html
July 17, 2014
CB&I on Wednesday gave additional details relating to its contracts with Oman Oil Refineries and Petroleum Industries Co. (Orpic; Muscat) for Orpic’s Liwa plastics project...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/mtbe/CB-and-I-outlines-technology-awards-for-Oman-petchem-project_62507.html
July 16, 2014
CF Industries announced today that it has restarted its operating units at its Woodward, OK, nitrogen complex. The company shut down production there on 21 April to address an...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/CF-Industries-resumes-production-at-Oklahoma-nitrogen-complex_62483.html
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