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July 31, 2015
US second-quarter propylene production and inventories for 2015 were up over the year-ago period, according to data released on Friday from the American Fuel & Petrochemical...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/US-propylene-production-up-in-second-quarter_72673.html
July 31, 2015
Casale (Lugano, Switzerland) has been awarded fertilizer contracts in India and Russia. Under the terms of its contract with Zuari Agro Chemicals (India), Casale will provide basic...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Casale-awarded-fertilizer-plant-contracts-in-India-and-Russia_72645.html
July 31, 2015
TerraVerdae BioWorks (Edmonton, AB) has completed the scale-up optimization of its process to produce biodegradable polyhydroxyalkanoate (PHA) bioplastics from waste-derived methanol...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Bioplastics-start-up-optimizes-waste-methanol-to-PHA-process-scales-up-for-commercial-deployment_72643.html
July 31, 2015
Maire Tecnimont (Rome) says its Tecnimont (Milan) subsidiary has been awarded an engineering, procurement, and construction contract by Yara International for a urea granulation...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Yara-awards-EPC-contract-to-Tecnimont-for-Dutch-urea-plant_72642.html
July 31, 2015
IHS Chemical says that PTT Global Chemical (PTTGC; Bangkok) has declared force majeure following the unscheduled shutdown of its No. 2 aromatics unit at the company's Map Ta Phut...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/PTTGC-declares-force-majeure-on-aromatics-at-Map-Ta-Phut_72637.html
July 31, 2015
The benzene contract price for August has initially settled in Europe at $853/m.t. or €779/m.t., representing a decrease of $29 or €13 on the July level.     The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Initial-Europe-August-benzene-contract-down-$29m-t-_72651.html
July 31, 2015
The European Commission has given the green light to the French government to release €125 million ($138.1 million) in state aid to chlor-alkali and polyvinyl chloride (PVC)...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/European-Commission-approves-French-state-aid-to-Kem-One_72476.html
July 30, 2015
A seasonal increase in gasoline demand in the US means there is strong demand for high octane blend stocks and this has seen an increase in demand for para-xylene in the region. In...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Reverse-flow-of-p-xylene-short-lived_72549.html
July 30, 2015
Methanex posted net income attributed to shareholders of $104 million, down 17% year-on-year (YOY). Revenue of $638 million was down 19% YOY. Reported adjusted earnings of 56 cts/share...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-earnings-miss-estimates-on-production-shortfalls_72563.html
July 30, 2015
PhosAgro (Moscow) on Thursday reported a 9.7% increase in production and sales of fertilizers in the first six months of this year, with both reaching 3.4 million m.t. Production...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PhosAgro-raises-fertilizer-output-in-first-six-months_72559.html
July 30, 2015
Methanol Chemicals Co. (Chemanol) reported a second-quarter net loss of 21.41 million Saudi riyals ($5.7 million) compared with a net profit of SR15.86 million in the year-earlier...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Saudi-methanol-producer-swings-to-loss-on-price-decline_72550.html
July 29, 2015
US propylene stocks were higher in the week that ended on 24 July, according to data released on Wednesday by the Energy Information Administration (EIA). Propane/propylene stocks were...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/US-propylene-stocks-up-last-week_72525.html
July 29, 2015
Huchems Fine Chemical Corp. (Seoul), a subsidiary of Taekwang Group (Seoul), is investing 1 trillion South Korean won ($864 billion) to build an ammonia  plant in the state of...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Korean-firm-breaks-ground-on-ammonia-plant-in-Malaysia_72520.html
July 29, 2015
Europe's benzene price is under pressure in the runup to contract price discussions as a combination of a weaker US market and lower crude numbers have pulled spot prices lower this...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Europe-benzene-under-pressure-in-runup-to-August-contract-settlement_72522.html
July 29, 2015
Kuwait’s Petrochemical Industries Corp. (PIC; Kuwait City), wholly owned by Kuwait Petroleum Corp., is at an advanced stage of a feasibility study for a petrochemicals and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Exclusive-Kuwait-CEO-confirms-petchem-plans-in-Kuwait-talks-with-OPaL-in-India_72511.html
July 28, 2015
A tight market may prompt US purified terephthalic acid (PTA) consumers to look at Asia as an alternative for para-xylene (PX), according to IHS Chemical. Discussions have emerged this...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Asia-p-xylene-market-emerges-as-likely-candidate-for-alternative-to-US-consumers_72295.html
July 28, 2015
LyondellBasell reports net income from continuing operations of $1.3 billion, up 7.8% year-over-year (YOY) as higher volumes and lower feedstock costs more than offset declines in product prices. Sales totaled $9.1 billion, up 11.7% YOY....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/LyondellBasell-income-up-beats-analyst-consensus_72480.html
July 28, 2015
The recent decline in benzene spot prices in the United States suggests that the August benzene contract will likely settle lower at the end of this week. The expected decline comes...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/US-August-benzene-contract-expected-lower_72494.html
July 28, 2015
The main aromatics products imported into China dropped hugely in May, data obtained by IHS Chemical show. Total import volumes into China for the month amounted to 1.51 million m.t...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Chinas-aromatics-imports-plummet-in-May-rebound-in-June_72474.html
July 28, 2015
Yara  International (Oslo) and BASF broke ground Monday on a previously announced world-scale ammonia plant at the BASF site in Freeport, TX. As part of the project, Yara will...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/caprolactam/BASF-Yara-break-ground-on-world-scale-ammonia-plant-in-TX-BASF-to-use-ammonia-to-produce-caprolactam_72448.html
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