IHS Chemical Week

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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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
August 27, 2015
BASF, SK Chemicals (Seoul) and Solvay are in discussions, which may lead to the construciton of a hydrogen peroxide-to-propylene oxide (HPPO) project at Ulsan, according to...
August 27, 2015
Ethylene spot prices on the US Gulf Coast have been tumbling since the start of August, probably because buyers are waiting for a clearer view on the market, say analysts at IHS Chemical. The weekly average spot price, assessed at 33.6 cts/lb del USGC for the week ending 30 July, fell to 24 cts/lb for the week ending 20 August, a decline of nearly 30%. The decline continued into the following week, with Monday and Tuesday’s prices averaging 22.8 cts/lb....
August 27, 2015
US propylene stocks were stable to higher in the week that ended on 21 August, according to data released on Wednesday by the Energy Information Administration (EIA). Propane/propylene...
August 26, 2015
Shell Canada confirmed today that its Scotford, AB, styrene plant is up and running. The company is currently building inventory ahead of a 44-day shutdown that will start on 8...
August 26, 2015
Uralkali (Berezniki, Russia), one of the world's largest potash producers, says that its board of directors has approved a $1.32-billion buyback of up to 14% of its shares, including...
August 26, 2015
Al Ghaith Industries (Abu Dhabi) has chosen Nuberg Engineering (Noida, India) to build a $150-million chlor-alkali facility at the Khalifa Industrial Zone in Abu Dhabi, in two phases. Nuberg says the first phase will include a 350-m.t./day caustic soda plant and a 60-m.t./day hydrogen peroxide plant....
August 26, 2015
There was a huge drop in benzene import volumes into China during July, data obtained by IHS Chemical show. Taking into account the monthly volumes so far in 2015, ranging from a low...
August 26, 2015
The diversified, private-sector Adani Group (Ahmedabad, India) has announced plans to invest 250 billion Indian rupees ($3.78 billion) in two projects in the central Indian state of...
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