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April 24, 2015
Yara International (Oslo) today reported its first-quarter results, with higher deliveries and improved margins reflecting lower gas costs and a stronger US dollar. "Ammonia and...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Yara-hit-by-one-off-charges-despite-big-improvement-in-underlying-results_69797.html
April 24, 2015
Potash development company Sirius (London) on Thursday received planning permission from Redcar and Cleveland Borough Council (RCBC) in the United Kingdom to go ahead with its...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Sirius-receives-first-planning-permission-for-UK-potash-project_69796.html
April 24, 2015
Borealis began a planned maintenance shutdown today at the company's phenol-acetone unit at Porvoo, Finland, Borealis has confirmed. The turnaround is expected to last until 3 June...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetone/Borealis-begins-planned-maintenance-at-phenol-acetone-unit-in-Finland_69801.html
April 24, 2015
Benzene spot prices have hit the $3.00/gallon mark in the United States for the first time in 2015, following a jump in NYMEX WTI crude futures. The jump also comes alongside stronger...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Benzene-hits-$3-00gal-in-US-on-stronger-demand-rising-crude_69718.html
April 24, 2015
LyondellBasell Industries could soon idle its metathesis unit at Channelview, TX, amid declining propylene prices, according to IHS Chemical analysts. The metathesis process consumes...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/LyondellBasell-may-idle-metathesis-unit-as-propylene-prices-decline_69717.html
April 23, 2015
Europe's ethylene supply has tightened more than anticipated, impacted by a series of unplanned, prolonged outages during what is usually turnaround season. With over 10% of capacity...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Prolonged-outages-continue-to-tighten-Europes-ethylene-supply_69719.html
April 23, 2015
India has extended antidumping duties on acetone imports from Japan and Thailand by one year, the Ministry of Finance (New Delhi) says. The tariffs will remain in force until 8 April...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetone/India-extends-dumping-duties-on-acetone-from-Japan-Thailand-by-one-year_69705.html
April 22, 2015
PTT Global Chemical (Bangkok; PTTGC) and Marubeni Corp. (Tokyo) have selected a site in Belmont County, Ohio for a proposed world-scale ethane cracker and petrochemical complex...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/PTT-Marubeni-select-Ohio-site-for-proposed-cracker_69695.html
April 22, 2015
Uralchem (Moscow), a major fertilizer producer, today reported its first-quarter production results. The total output of Uralchem’s products rose 3.5%, to 1.5 million m.t./year...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Uralchem-raises-fertilizer-output-in-first-quarter_69672.html
April 22, 2015
Hydrodealkylation (HDA) economics swung into positive territory in Europe last week for the first time since November and are averaging $39/m.t. this week. The momentum has come from...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Europes-HDA-economics-swing-into-positive-territory_69680.html
April 22, 2015
US propylene stocks were flat for the week that ended on April 17th, according to data released by the Energy Information Administration (EIA) on Wednesday. The stable domestic supply...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/US-propylene-inventories-flat-for-second-week-says-EIA_69679.html
April 22, 2015
BASF-YPC plans to restart its steam cracker and petrochemical units in Nanjing, China, at the end of May once a planned shutdown maintenance program is completed, a company...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/BASF-YPC-to-restart-cracker-and-petrochemical-units-end-May_69662.html
April 22, 2015
Today, China began reviewing its antidumping duties on nylon-6 imports from the European Union, Russia, Taiwan, and the United States, the Ministry of Commerce (Mofcom; Beijing) says...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/China-starts-reviewing-dumping-duties-on-nylon-6-from-EU-Russia-Taiwan-and-US_69655.html
April 22, 2015
Sanmar Group (Chennai, India) will invest $350 million to expand its chemical facility at Port Said, Egypt, the Egyptian embassy in New Delhi says. Plans include a doubling of...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Sanmar-to-double-PVC-capacity-in-Egypt_69600.html
April 22, 2015
Styrene inventories at eastern China’s ports stood at about 76,000 m.t. this week, down about 7,200 m.t., or 8.6%, from last week, data obtained by IHS Chemical shows...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrene-stocks-in-eastern-China-fall-9-percent-on-week-amid-short-covering_69664.html
April 21, 2015
The global surplus of light naphtha could increase by as much as 14 million m.t./year over the next five years, according to a study released today, “The IHS Energy and IHS Chemical Light and Heavy Naphtha International Market Review.” Although demand for light naphtha will continue to expand, supply will grow faster, propelled by booming tight oil production in the United States, which will become the world’s largest exporter of light naphtha by 2020, says IHS....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Global-light-naphtha-surplus-could-increase-by-14-million-m-t-by-2020-IHS_69652.html
April 21, 2015
DuPont today reported net income down 28% year-on-year (YOY), to $1.03 billion, on net sales down 9%, to $9.17 billion. Operating earnings totaled $1.34/share, beating analysts’...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/titanium_dioxide/DuPont-earnings-fall-on-currency-impacts-but-beat-estimates_69641.html
April 21, 2015
Celanese will raise offers for vinyl acetate ethylene (VAE) in China and, separately, the rest of Asia on 24 April, the company says. Asian prices will be increased $55/m.t., while...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_acetate/Celanese-to-raise-VAE-offers-in-China-rest-of-Asia_69623.html
April 21, 2015
Uralkali (Berezniki, Russia) has signed a $530-million loan agreement with eight international banks. The loan facility will be used for general corporate purposes and to refinance...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Uralkali-signs-$530-million-four-year-loan-agreement_69638.html
April 21, 2015
Mohammad Hassan Peyvandi, deputy managing director of the National Petrochemical Co., (NPC; Tehran), has told reporters that Indian companies have proposed building an ammonia-urea...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Iran-confirms-Indian-interest-in-building-urea-plant_69631.html
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