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July 2, 2015
The US June ethylene contract settled at 33.75 cents/lb late yesterday, losing 0.75 cts/lb from the May contract price of 34.50 cts/lb. The decline reflects low feedstock costs and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/US-June-ethylene-contract-settles-lower_71850.html
July 2, 2015
An initial July contract settlement for ortho-xylene (o-xylene) was reached today in Europe at €820/m.t. This is an increase of €10/m.t. over the June settlement of...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/orthoxylene/Initial-Europe-o-xylene-contract-price-for-July-settles-higher_71847.html
July 2, 2015
K+S (Kassel, Germany) says that it has rejected an "unsolicited proposal" from PotashCorp to acquire all of  K+S's outstanding shares. PotashCorp's bid is at...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/K+S-rejects-takeover-bid-from-PotashCorp_71848.html
July 2, 2015
Grupa Azoty (Tarnów, Poland) says that it is increasing fertilizer production capacity and optimizing fertilizer production processes at Tarnów. The company will invest...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Grupa-Azoty-to-expand-fertilizer-granulation-at-Tarnow_71844.html
July 2, 2015
In terms of volume, South Korea’s June exports of benzene to China experienced the largest drop from May amid weaker demand, while shipments to the US dipped slightly on...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/South-Korea-exports-less-benzene-to-China-in-June-US-shipments-fall-slightly_71834.html
July 1, 2015
Sibur (Moscow) said on Wednesday that it has started preparatory work on an investment project to ramp up production of methyl tert-butyl ether (MTBE), a high-octane gasoline...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/mtbe/Sibur-to-build-MTBE-plant-at-Togliatti_71796.html
July 1, 2015
Euro Chlor (Brussels), the federation representing chlor-alkali producers in the European Union and European Free Trade Agreement, said on Wednesday that Dolf van Wijk has been...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Euro-Chlor-appoints-new-executive-director_71800.html
July 1, 2015
JX Nippon Oil & Energy (Tokyo) has settled the July Asia contract price for benzene at $825/m.t. cfr, up $85/m.t. from a finalized June price of $740/m.t., the company says...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/JX-Nippon-settles-July-Asia-contract-price-for-benzene-up-$85m-t-from-June_71792.html
July 1, 2015
US propylene stocks were mixed during the week that ended on 26 June, according to data released on Wednesday by the Energy Information Administration (EIA).  Propane/propylene...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/US-propylene-stocks-mixed-as-June-comes-to-an-end_71814.html
July 1, 2015
Tata Chemicals (Mumbai) is mulling the sale of its fertilizer business, according to various Indian media reports. It would be the first major restructuring to be announced following...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Reports-Tata-Chemicals-mulls-sale-of-fertilizer-business_71813.html
July 1, 2015
BASF has sold its 25% stake in the SolVin polyvinyl chloride (PVC) joint venture to its partner, Solvay. The deal closed today—financial details of the transaction have not been...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/BASF-exits-SolVin-PVC-JV-Solvay-Ineos-launch-Inovyn_71808.html
July 1, 2015
Evonik has commissioned production plants at Antwerp for C4-based products, on schedule, the company announced today. Meanwhile, at Marl, Germany, C4 capacities are also being...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Evonik-completes-butadiene-MTBE-expansions-at-Antwerp_71804.html
July 1, 2015
Europe's styrene barge contract price for July has settled at €1,325/m.t., a decrease of €85 from the June price of €1,410/m.t. This settlement follows the benzene...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Europe-styrene-barge-contract-price-for-July-settles-lower_71810.html
July 1, 2015
Borealis (Vienna) said on Wednesday that it will invest €160 million ($177.4 million) in its Stenungsund, Sweden site. The investment includes an upgrade and revamp of four of the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Borealis-invests-in-Sweden-cracker-will-close-two-old-furnaces_71806.html
June 30, 2015
North America's styrene producers have this month been trying to lock in margins by selling material for forward months because of strong styrene spot prices and relatively low benzene...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/North-Americas-styrene-producers-seek-to-lock-in-margins-through-August_71778.html
June 30, 2015
The US July benzene contract settled higher today as expected, following the year-to-date spot-price highs seen last week that came on the back of heavy producer interest due to recent...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/US-July-benzene-contract-up-as-expected-following-spot-highs_71779.html
June 30, 2015
Sirius Minerals (London) has won final planning permission for its $3 billion York Potash project near Whitby in the north of England, four years after the plan was first revealed. The...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Sirius-wins-final-planning-permission-for-controversial-UK-potash-project_71780.html
June 30, 2015
Uralkali (Berezniki, Russia), one of the world’s largest producers of potash, on Monday reported significantly lower first-quarter production and revenues. Net revenue was down...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Uralkali-reports-lower-revenues-launches-major-investment-plan-to-keep-market-share_71741.html
June 30, 2015
The benzene contract price for July has settled in Europe at $882/m.t., up about $112 on June's price. June prices have averaged $835–849/m.t. cif Amsterdam-Rotterdam-Antwerp...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Europe-July-benzene-contract-settles-up-$112_71768.html
June 30, 2015
Prompt benzene spot prices were down in the United States on 29 June, but market participants expect the July benzene contract to settle higher. The July benzene contract settlement is...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/US-benzene-contract-expected-to-firm-despite-spot-market-declines_71727.html
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