IHS Chemical Week

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June 11, 2014
Nexeo Solutions’ recently acquired sales subsidiary Archway Sales has agreed to represent Dow Corning’s silicone, silane, and additive lines throughout the contiguous...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Dow-Corning-Nexeo-Solutions-partner-for-silicone-sales_61681.html
June 11, 2014
TransGas Development Systems (New York) is planning to invest $2.7 billion for the development of a coal-gasification plant for the production of fertilizers in the state of Santa...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/TransGas-invests-$2-7-billion-to-build-coal-gasification-plant-in-Brazil-for-fertilizers_61674.html
June 11, 2014
Russian fertilizer producer Acron (Velikii Novgorod), through its Norica Holding subsidiary, has raised its stake in Grupa Azoty (Tarnów), the major chemicals player in Poland...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Acron-raises-stake-in-Polish-chemicals-major-Grupa-Azoty_61675.html
June 10, 2014
Eastman Chemical has made “significant progress” toward restoring operations at its Kingsport, TN, facility after a widespread power outage forced an unplanned shutdown on 4 June, the company says. With the possible exception of butyl acetate, the shutdown is unlikely to have much impact on the delivery of acetyl products, according to IHS Chemical....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Eastman-restoring-operations-at-Kingsport-limited-impact-on-acetyls-says-IHS_61653.html
June 10, 2014
Upgrading work at Petróleos Mexicanos's (Pemex; Mexico City) urea plant at Pajaritos, Mexico, has started, Pemex says. The work will boost the plant's urea production capacity...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Pemex-starts-upgrade-of-urea-plant_61644.html
June 10, 2014
Sibur (Moscow), Russia’s largest petrochemicals producer, today reported a 263% increase in first-quarter profit, to 56.8 billion Russian rubles ($1.65 billion), on 21% higher...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sibur-reports-big-increase-in-first-quarter-results-new-PP-plant-contributes_61641.html
June 9, 2014
The 11th International Petrochemical Forum (IPC), a two-day event that began at Tehran on Saturday, attracted 50 foreign and 330 Iranian companies, local news agencies report. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Iran-to-double-petrochemical-capacity-say-officials-at-industry-conference_61615.html
June 9, 2014
Sasol and Ineos have committed to a 50-50 joint venture to produce bimodal high-density polyethylene (HDPE) at Ineos’s Battleground Manufacturing Complex in LaPorte, TX. The jv will construct a 470,000-m.t./year HDPE plant, which is expected to begin operation in 2016....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sasol-and-Ineos-go-forward-on-Texas-HDPE-joint-venture_61626.html
June 9, 2014
GlyEco (Phoenix) has begun servicing its polyester by-products supply agreement with an unspecified, large, multinational polyester fiber producer, the company announced today...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_glycol/GlyEco-servicing-by-products-supply-agreement-with-polyester-fiber-multinational_61622.html
June 9, 2014
The Ministry of Commerce (Mofcom; Beijing) has extended China’s antidumping measures for acetone imported from Japan, Singapore, South Korea, and Taiwan for a further five years...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetone/China-extends-antidumping-measures-on-acetone-from-Japan-Singapore-South-Korea-and-Taiwan_61617.html
June 6, 2014
Trinseo, formerly Styron, today launched an initial public offering, aiming to raise $170–190 million through the sale of 10 million common shares. The company has also applied...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Trinseo-launches-$180-million-IPO_61481.html
June 5, 2014
The explosion that occurred in the evening of 3 June at Shell Chemicals' Moerdijk, Netherlands, site has caused styrene prices to rise and is expected to result in more balanced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Moerdijk-explosion-drives-up-styrene-spot-prices-in-Europe_61583.html
June 5, 2014
The Competition Tribunal of South Africa today imposed a combined 534-million South African rand ($49.9 million) penalty for excessive pricing of propylene and polypropylene...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/South-Africa-penalizes-Sasol-$50-million-for-overcharging-for-propylene-PP_61578.html
June 4, 2014
Bowleven (Edinburgh, UK), an Africa-focused oil and gas exploration group, has announced that an important milestone has been reached in the exploitation of the Etinde gasfield...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Cameroon-reaches-important-milestone-in-fertilizer-and-LNG-projects_61550.html
June 3, 2014
A groundbreaking ceremony was held last month for the world’s first methanol-ammonia plant using Haldor Topsoe's integrated methanol and ammonia production (IMAP) technology. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Haldor-Topsoe-provides-technology-for-worlds-first-IMAP-methanol-ammonia-plant-in-Russia_61504.html
June 3, 2014
Linde and BASF announced today that they intend to cooperate in developing and licensing processes for on-purpose production of linear butenes and butadiene. BASF has developed process...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Linde-and-BASF-join-forces-to-develop-on-purpose-butadiene-production-technology_61503.html
June 3, 2014
Marubeni is interested in taking over a potash project at Rio Colorado, Argentina that was previously being developed by Vale (Rio de Janeiro), according to a report from Argentine...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Report-Marubeni-eyes-Argentinas-Rio-Colorado-potash-project_61509.html
June 2, 2014
Gevo (Englewood, CO) says it is selling para-xylene (p-xylene) derived from its renewable isobutanol to Toray Industries. Toray expects to produce polyester fibers, yarns, and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Gevo-ships-biobased-p-xylene-to-Toray_61474.html
June 2, 2014
Uralchem (Moscow), a leading fertilizer producer, reports a 21% decline in first-quarter operating profit, to 5.27 billion Russian rubles ($150.9 million), on 7% lower sales, R19.4...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Uralchem-reports-lower-earnings-and-revenues_61473.html
June 2, 2014
Ineos announced today that, following clearance from the European Commission, it has completed the acquisition of the Sasol's solvents assets in Germany and the associated production...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/isopropyl_alcohol/Ineos-completes-acquisition-of-Sasols-solvents-business-in-Germany_61469.html
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