IHS Chemical Week

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November 4, 2014
KBR (Houston) says that it has signed an agreement with engineering and construction firm Chiyoda (Yokohama, Japan) to license its CT-Acetica technology. Chiyoda developed the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/KBR-signs-acetic-acid-technology-alliance-with-Chiyoda_65079.html
November 4, 2014
Repsol (Madrid) declared force majeure on ethylene at its 702,000-m.t./year steam cracker at Tarragona, Spain on 31 October, according to various reports. Unindentified technical...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Reports-Repsols-Tarragona-cracker-has-production-difficulties_65108.html
November 4, 2014
HJ Baker's (Westport, CT) subsidiary Tiger-Sul Products Canada (Irricana, AB) has started up a facility at Irricana, 46 miles north of the company's Calgary plant. The facility...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/HJ-Baker-starts-production-at-sulfur-based-fertilizer-facility-in-Canada_65105.html
November 4, 2014
Agirum announced its third-quarter earnings, showing improved results year-over-year (YOY). YOY, net income of $91 million increased 13% YOY and includes pre-tax share-based payments...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Agrium-posts-improved-third-quarter-results_65103.html
November 4, 2014
Allana Potash (Toronto, ON) today provided an update on optimization studies currently underway on its Danakhil potash project in Ethiopia and on additional project infrastructure...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Allana-Potash-provides-update-on-optimization-studies-and-project-progress_65096.html
November 4, 2014
Australia New Agribusiness & Chemical Group (New Agri; Eight Mile Plains, QLD) announced today that it is forming a joint venture with ZLD International Holdings (ZLD) to develop...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/phosphorous/New-Agri-links-with-ZLD-to-develop-phosphate-deposits-in-Australia-to-produce-fertilizers_65092.html
November 3, 2014
Executives at Boardwalk Pipeline Partners (Houston), the new operator of the Evangeline ethylene pipeline—expected to be offstream through this month and possibly into...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Boardwalk-Pipeline-Revenue-impact-of-Evangeline-ethylene-pipe-leak-not-material_65059.html
November 3, 2014
Saudi International Petrochemical Co. (Sipchem) said today that it intends to stop production at IMC, its methanol production joint venture with a consortium of Japanese companies...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Sipchem-takes-large-methanol-complex-off-line-for-maintenance_65045.html
November 3, 2014
Several petrochemical plants and refineries in the United States will complete scheduled turnarounds over the next few weeks, and the additional production will enter an already...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/US-plant-turnarounds-end-amid-long-supplies-declining-prices_65057.html
November 3, 2014
Ethylene production in the United States totaled 13.7 billion lbs in the third quarter, up 3% from 13.3 billion lbs in the prior quarter, according to the latest production figures...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/AFPM-US-production-of-ethylene-fell-YOY-in-third-quarter_65055.html
November 2, 2014
Indian Oil (New Delhi) is developing a cracker project on the east coast of India based on shale gas ethane from the United States, CW has learned. S. Mitra, executive...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Indian-Oil-mulls-cracker-based-on-US-shale-gas-revives-acetic-acid-project-to-hike-SBR-capacity_65042.html
October 31, 2014
PDVSA (Caracas) and Hess Corp. (New York) have reached a tentative agreement to sell their 355,000- bbl/day Hovensa refinery at Saint Croix, US Virgin Islands, to Atlantic Basin...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/PDVSA-Hess-agree-to-sell-refinery-petchems-site-in-US-Virgin-Islands_65030.html
October 31, 2014
Rentech Nitrogen (Los Angeles) has signed a long-term agreement with Tessenderlo Kerley Inc. (TKI; Phoenix), a Tessenderlo Group (Brussels) subsidiary, to supply TKI with ammonia...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Rentech-agrees-to-supply-ammonia-to-Tessenderlo-Kerley-for-new-liquid-fertilizer-plant_65023.html
October 31, 2014
Europe's November ethylene contract price settled at €1,060/m.t. ($1,349) del northwest Europe (NWE), down €90/m.t. on October. The November propylene contract price also...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/November-olefin-contract-prices-settle-down-&euro90m-t-in-Europe_64959.html
October 30, 2014
Methanex (Vancouver, BC) reports third-quarter income of $52 million, down 40% year-over-year (YOY) from $87 million. Sales totaled $730 million, down 4% YOY from $758 million. Adjusted earnings of 69 cents/share beat the analysts’ consensus estimate of 64 cents/share compiled by Thomson Reuters....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-earnings-down-but-beat-estimates_64970.html
October 30, 2014
A July ethylene outage at the company’s Port Arthur, TX, facility took a large chunk out of Chevron Phillips Chemical’s (CPChem; The Woodlands, TX) third-quarter earnings. Phillips 66 reports that its chemical segment, a 50% equity interest in CPChem, turned in earnings of $230 million for the third quarter, a 29% year-over-year (YOY) decline from $324 million....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/CPChem-earnings-down-29-percent-on-Port-Arthur-outage_64958.html
October 30, 2014
Mosaic today reported third-quarter net earnings of $202 million, up 62% YOY. Earnings per share of 54 cts/share fell slightly below analyst estimates of 56 cts/share, according to...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Mosaic-earnings-up-on-phosphates-strength_64949.html
October 30, 2014
Intrepid Potash says that its third-quarter sales volumes were up, but the company reported a net loss of $1.2 million compared with a gain of $2 million one year earlier. A per-share...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Intrepid-Potash-reports-net-loss-for-third-quarter_64919.html
October 29, 2014
All major construction work related to the rebuild of Williams' (Tulsa, OK) damaged steam cracker at Geismar, LA—including an expansion project and safety-related equipment...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Williams-rebuilt-expanded-Louisiana-cracker-in-final-stages-of-commissioning-and-start-up_64889.html
October 29, 2014
Nova Chemical reports third-quarter income of $259 million, up 116% year-over-year (YOY) from $120 million, with all segments contributing to the gain. Sales totaled $1.427 billion, up 13% YOY from $1.263 billion....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Nova-doubles-third-quarter-income_64899.html
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