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March 20, 2015
PhosAgro (Moscow), a leading phosphate fertilizers producer, says that an extraordinary general meeting of shareholders of its PhosAgro-Cherepovets subsidiary on 19 March approved the...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PhosAgro-shareholders-approve-merging-subsidiaries_68779.html
March 20, 2015
Argex Titanium (Montreal), a company entering the titanium dioxide (TiO2) market, says it has signed a letter of intent with PVS Chemicals, a producer, distributor, and marketer...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/titanium_dioxide/Argex-signs-LOI-for-distribution-of-by-products-from-new-titanium-dioxide-plant_68776.html
March 19, 2015
OCI Partners (Nederland, TX) says lower methanol prices, higher natural gas prices, and a lower methanol production rate pulled down fourth-quarter results versus the year-ago period. Net income for the fourth quarter totaled $31 million, down 37% year-over-year (YOY) from $49 million. Revenues fell 12% YOY, to $99 million....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/OCI-Partners-income-down-on-lower-methanol-prices-utilization_68721.html
March 19, 2015
Kronos Worldwide (Dallas) reports net income for the fourth quarter of $19.9 million, up almost seven-fold year-over-year (YOY) from $2.9 million. Net sales increased 1% YOY, to $373.5 million. Earnings per share of 17 cents beat analysts’ consensus estimate of 12 cts/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/titanium_dioxide/Kronoss-fourth-quarter-income-up-beats-estimates_68723.html
March 19, 2015
Styrolution's Texas City styrene facility is back up and running, the company confirmed today. The start-up was in line with the company's expected March timeframe. The initial...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrolution-brings-Texas-City-styrene-plant-back-up_68720.html
March 19, 2015
Propylene inventories firmed slightly in the United States during the week ended 13 March, according to data released by the US Energy Information Administrations. The increase comes...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Propylene-stocks-slightly-higher-in-US_68682.html
March 19, 2015
The provincial government of Saskatchewan is implementing interim changes to potash taxation. The province is changing the way in which potash companies can claim capital expenditures...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Saskatchewan-introduces-changes-to-potash-taxation-PotashCorp-disappointed_68701.html
March 19, 2015
BASF says that it has selected Freeport, TX, as the potential site of a 475,000-m.t./year, methane-to-propylene (MTP) complex that the company plans to build on the US Gulf Coast. The company has licensed Air Liquide’s proprietary Lurgi MegaMethanol and MTP technologies and contracted with Air Liquide to provide basic engineering services for the complex...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/BASF-chooses-Freeport-TX-for-methane-to-propylene-complex-licenses-Air-Liquide-technology_68704.html
March 18, 2015
The three directors that PotashCorp nominated to the board of Sociedad Química y Minera de Chile (SQM; Santiago) have resigned from SQM's board. The announcement follows the...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PotashCorp-representatives-resign-from-SQM-board_68667.html
March 18, 2015
Ningbo Haiyue New Material's (Ningbo, China) plant at Ningbo has become the first propane dehydrogenation (PDH) plant to operate using Clariant's heat-generating material (HGM) for...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Performance-of-China-PDH-plant-improved-by-Clariant-catalyst_68660.html
March 18, 2015
Production at Styrolution's Texas City styrene facility is still expected to restart by the end of this month, market participants say. The 500,000-m.t./year facility had been expected...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrolutions-Texas-City-styrene-facility-still-expected-to-restart-this-month_68648.html
March 17, 2015
US ethylene prices established another record-high spread between Choctaw (Louisiana) and Texas-based Mont Belvieu-Williams (MtB-W) on this week, as tight supply availability in...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Choctaw-ethylene-trading-hits-record-premium-to-Mont-Belvieu-for-second-week_68646.html
March 17, 2015
The United States imported a record 302,000 m.t. of benzene in January, based on data made available from Global Trade Information (GTI; Columbia, SC) services. US imports of benzene...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/US-imported-record-benzene-volumes-in-January_68614.html
March 16, 2015
The operator of a rock removing machine at Uralkali's (Berezniki, Russia) Berezniki-4 mine died on Sunday 15 March, following an accident that took place during repair works being...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Accident-at-Uralkali-Berezniki-4-mine-results-in-one-fatality_68598.html
March 16, 2015
South Korea exported 104,093 m.t. of styrene in February, 4% more than the 99,722 m.t. in January and up 8% year-on-year (YOY), from 96,275 m.t., Korea Customs Service data show. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Korea-exports-more-styrene-in-February_68577.html
March 16, 2015
South Korea’s mixed xylene exports in February rose 48% from January to 19,665 m.t. but fell 11% from 22,224 m.t. year-on-year, Korea Customs Service data show. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/mixedxylenes/Koreas-February-mixed-xylene-exports-jump-versus-January_68579.html
March 16, 2015
South Korea’s benzene exports in February totaled 210,022 m.t., a 7% fall from January but a spike of 58% year-on-year (YOY), data from the Korea Customs Service show. China was...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/South-Koreas-February-benzene-exports-fell-from-January-spiked-YOY_68571.html
March 16, 2015
South Korea exported 383,978 m.t. of para-xylene (p-xylene) in February, a 25% fall from January’s total but they almost doubled from 195,988 m.t. year-on-year (YOY), data from...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Koreas-p-xylene-exports-in-February-fall-from-January-but-soar-YOY_68572.html
March 16, 2015
South Korea’s overall February exports of toluene were 46,161 m.t., down 3.6% from 47,897 m.t. in January and a 58.2% plunge from 110,505 m.t. year-on-year, Korea Customs...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/toluene/Koreas-February-toluene-exports-fall_68574.html
March 15, 2015
Mosaic on Friday said that, following its acquisition of Archer Daniels Midland’s distribution businesses in Brazil and Paraguay, it will change the reporting of its business...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Mosaic-shuffles-reporting-segments-gives-update-on-volumes-and-prices_68570.html
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