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February 19, 2014
Verde Potash (Toronto), a Brazilian fertilizer development company, said on Tuesday that the Brazilian government will help fund the construction of its previously announced...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Verde-Potash-secures-financing-for-Cerrado-Verde-project-in-Brazil_58894.html
February 18, 2014
Terra Nitrogen LP reported fourth quarter net earnings of $113.6 million, down 24% year-over-year (YOY) on sales down 17%, to $168 million. The company says results for the...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Terra-Nitrogen-reports-weak-quarter-on-price-slump_58889.html
February 18, 2014
Weak fertilizer prices pushed CF Industries’ earnings lower in the fourth quarter, with the company reporting net income of $325.8 million, down 30% year-over-year (YOY)...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/CF-Industries-earnings-slump-on-weak-fertilizer-market_58888.html
February 18, 2014
The privatization of insolvent chemicals and petrochemicals producer Oltchim (Ramnicu Valcea, Romania) has been delayed by almost two months, the company says. The deadline for the...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Oltchim-privatization-delayed_58867.html
February 18, 2014
Mosaic announced on 14 February that it had entered into a share-repurchase agreement with “certain Cargill family trusts” to buy about 8.2 million shares of Class A stock...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Mosaic-buys-back-8-2-million-shares-from-Cargill-trusts_58847.html
February 17, 2014
Technip has been awarded a contract by Kazanorgsintez to provide technology and services for a grassroots furnace to be installed at the Kazan petrochemical complex in Russia, Technip...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Technip-awarded-ethylene-furnace-contract-in-Russia_58851.html
February 14, 2014
Exports of potash fertilizers from Russia in 2013 were down both in volume and value terms, according to the Federal Customs Service (Moscow). Export volumes were down 29.6% on the...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Value-of-Russian-potash-exports-declines-40-percent-in-2013_58825.html
February 14, 2014
Axiall (Atlanta) expects to resume operations at its PHH vinyl chloride monomer (VCM) manufacturing facility in Lake Charles, LA, near the end of the first quarter, the company announce on 6 February....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/Axiall-aims-to-restart-Lake-Charles-VCM-before-second-quarter_58601.html
February 14, 2014
A percentage of Rentech Inc. shareholders, partially made up of investment firm members Engaged Capital and Lone Star Value Management calling themselves Concerned Rentech Shareholders...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Rentech-shareholders-urge-changes-reiterate-director-nominations_58815.html
February 14, 2014
Mitsui OSK Lines (MOL; Tokyo) announced today that it has signed a contract with Methanol Holdings (Trinidad) to build and charter four methanol carriers. The new contract will play an...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Mitsui-OSK-to-build-four-carriers-for-charter-to-Methanol-Holdings-Trinidad_58819.html
February 14, 2014
Alpek, a subsidiary of Alfa (San Pedro Garza García, Mexico), posted net losses of $1 million for the last quarter of 2013, according to the group's results released this week...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/caprolactam/Alpek-swings-to-a-net-loss-in-fourth-quarter_58824.html
February 13, 2014
PhosAgro (Moscow), a leading fertilizer producer, announced today the election of a new board of directors. The move follows Maxim Volkov resigning as CEO in the middle of last...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PhosAgro-elects-new-board-of-directors_58796.html
February 13, 2014
Phillips 66 Partners (Houston), a new master limited partnership, has made its first asset acquisition, the $700 million purchase of the Gold Product Pipeline System and two newly constructed propylene-storage spheres from Phillips 66....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Phillips-66-Partners-acquires-pipeline-system-and-storage-for-$700-million_58806.html
February 12, 2014
Intrepid Potash reported a fourth-quarter net loss of $6 million, compared to a gain of $14.5 million in the year-ago quarter. Earnings of 8 cts/share were above analyst estimates of...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Intrepid-Potash-reports-earnings-drop_58788.html
February 12, 2014
GlyEco (Phoenix) has begun the second phase of an expansion of its New Jersey processing center, which produces refinery-grade recycled glycol, the company says. The latest upgrades will increase the company's waste glycol processing capacity and storage capabilities....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_glycol/GlyEco-to-increase-glycol-recycling-capacity_58778.html
February 12, 2014
Saudi Arabian Mining Co. (Ma’aden) says that its subsidiary Ma’aden Phosphate Co. (MPC) will carry out a scheduled maintenance shut down in the ammonia plant located at Ras...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Maaden-shuts-ammonia-plant-for-four-week-maintenance_58766.html
February 12, 2014
Amseco Exploration (Montreal) announced on Tuesday that it entered into two agreements on 10 February 2014 covering the acquisition of all rights, titles, and interests held by...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Amseco-Exploration-in-reverse-takeover-of-Congo-potash-property_58764.html
February 12, 2014
Fertilizer major Yara International (Oslo) today announced lower fourth-quarter results, with weak commodity margins but robust value-added premiums and strong fertilizer deliveries...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Yara-reports-lower-fourth-quarter-results-reflecting-weaker-prices_58759.html
February 11, 2014
Archer Daniels Midland  (ADM) says it has made a $25-million equity investment in Rennovia (Menlo Park, CA), a start-up developing catalytic processes for producing chemicals from...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/adipic_acid/ADM-invests-in-biobased-nylon-start-up_58745.html
February 11, 2014
Blue Island Phenol is permanently closing its phenol/acetone facility in Alsip, IL, which the company shut down on 13 December 2013 after an explosion that injured two workers....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetone/Blue-Island-Phenol-will-not-restart_58742.html
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