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November 10, 2014
Chinese investors have begun financing two petrochemical projects under construction in Iran. "The letters of credit for two petrochemical units each with a value of €350-400...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Chinese-investors-financing-Iranian-petchem-projects_65244.html
November 10, 2014
Qatar Fertilizer Co. (Qafco; Doha), a leading global producer of ammonia and urea, and the University of Liege in Belgium have signed an agreement for joint research cooperation into...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Qafco-and-University-of-Liege-sign-research-agreement-into-use-of-urea-in-poultry-feed_65247.html
November 10, 2014
The board of directors of PetroChina-Rosneft Orient Petrochemical (Tianjin) Co., a joint venture in which China National Petroleum Corp. (CNPC; Beijing) has 51% and Rosneft the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/CNPC-and-Rosneft-endorse-Tianjin-refinery-and-aromatics-study_65246.html
November 7, 2014
Rentech Nitrogen has announced a third-quarter net loss of $3.1 million compared with a net loss of $22.3 million in the year-ago quarter on revenues down 9.8% year-on-year (YOY), to...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Rentech-Nitrogen-reports-declining-earnings_65227.html
November 7, 2014
Japan's ethylene production dropped to 6.1 million m.t. last year from 7.2. million m.t. in 2007, according to a recent report published by the Ministry of Economy, Trade, and Industry...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Japan-government-seeks-to-align-ethylene-production-with-shrinking-demand_65222.html
November 7, 2014
LSB Industries (Oklahoma City) reports a net loss of $3.8 million for the third quarter versus income of $10.3 million in the year-ago period. Sales of $171 million were down 3% year-o-year (YOY) from $177 million. Diluted earnings totaled a 17-ct loss per share....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/LSB-Industries-reports-$3-8-million-loss-on-maintenance-raw-material-costs_65229.html
November 7, 2014
Shell Chemical is exercising its option to buy a site in Monaca, PA, for a potential world-scale ethylene and derivatives project, according to Horsehead Holding, owner of the site. The deal brings the project, which would include an ethane cracker and polyethylene plants, one step closer to realization. However, Shell has not made a final investment decision....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Shell-to-buy-site-in-Monaca-PA-for-cracker-project_65228.html
November 7, 2014
Caustic soda supply has tightened considerably in northwestern and southern Europe because of production issues plaguing various producers. These issues range from industrial action to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_dichloride/Caustic-soda-prices-spike-in-Europe-as-production-issues-constrain-supply_65218.html
November 7, 2014
Westlake Chemical is restarting its 263,000-m.t./year styrene plant at Lake Charles, LA, after shuttering the facility more than two months ago due to unfavorable economics. Product...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Westlake-restarting-styrene-plant-on-lower-benzene-prices-tighter-European-market_65232.html
November 6, 2014
Momentive Specialty Chemicals (MSC) says it is building two new formaldehyde plants, both in the US state of Louisiana. Investment in the new plants will total $66 million, with...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/formaldehyde/Momentive-to-build-formaldehyde-plants-in-Louisiana_65207.html
November 6, 2014
The president of Belarus, Alexander Lukashenko today announced several new government and industry appointments, including that of head of potash concern Belaruskali (Solihorsk). Ivan...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/President-of-Belarus-appoints-new-head-of-potash-concern-Belaruskali_65206.html
November 6, 2014
Petrokemya, a wholly-owned Sabic subsidiary, plans to expand its butadiene extraction plant at Jubail, Saudi Arabia. KBR has been awarded the front-end engineering design contract by...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Petrokemya-to-expand-butadiene-capacity-at-Jubail_65205.html
November 6, 2014
Sunoco Logistics has concluded open season for the company's $2.5-billion Mariner East 2 pipeline project. The pipeline will carry natural gas liquids (NGLs) from the Marcellus and Utica shale basins to the company’s Marcus Hook, PA complex. The company also says it is developing the addition of an “NGL manufacturing complex” at Marcus Hook that would include a propane dehydrogenation (PDH) plant....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Sunoco-Logistics-moves-forward-on-Mariner-2-pipeline-plans-propane-dehydro-plant-at-Marcus-Hook_65191.html
November 6, 2014
Tronox today reported its third quarter results, indicating weakness in the titanium slag market. The company reported a net loss of $93 million, down from a net loss of $49 million in...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/titanium_dioxide/Tronox-reports-net-loss-on-weak-titanium-slag-market_65192.html
November 5, 2014
CF Industries today reported its third quarter results, indicating an increase in nitrogen revenues and higher costs. Net income of $130.9 million dropped 44% year-over-year (YOY) with...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/CF-Industries-reports-44-percent-net-income-drop_65158.html
November 5, 2014
Axiall (Atlanta) says lower electrochemical unit values and higher ethylene costs cut into third-quarter volume gains. Net income totaled $44.5 million, up 6% year-on-year (YOY) from $39.0 million. Net sales also increased 6% YOY, to $1.27 billion, from $1.20 billion. Adjusted earnings per share of 72 cts were well ahead of analysts’ consensus estimate of 60 cts, compiled by Thomson Reuters....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/Axiall-increases-income-6-percent-beats-estimates_65139.html
November 5, 2014
Artlant PTA, a producer of purified terephthalic acid (PTA) at Sines, Portugal, plans to restart production at its 700,000 m.t./year plant following discussions with creditors, the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Artlant-plans-to-restart-PTA-plant-in-Portugal_65157.html
November 5, 2014

OCI Resources (Atlanta), the majority-owned US soda ash operation of OCI (Seoul), reports net income for the third quarter of $21.6 million, up 55% year-on-year (YOY) from $13.9 million. Net sales increased by 4.0% YOY, to $109.8 million. Earnings per share of 52 cts fell shy of analysts’ consensus estimate of 54 cts/share, compiled by Thomson Reuters.

...

http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/OCI-Resources-quarterly-sales-income-gain-on-international-soda-ash-prices_65142.html
November 5, 2014
The Arab Potash Co. (Amman) reports flat net income in the third quarter of 2014 at 26.5 million Jordanian dinars ($37.4 million). Net income in the first nine months of this year was...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Arab-Potash-reports-flat-income-on-lower-prices-set-to-reduce-energy-costs_65135.html
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