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July 20, 2015
Celanese continues to develop plans for a second joint venture methanol project with Mitsui & Co., says chairman and CEO Mark Rohr. Celanese already has permits to build at Bishop, TX, but other locations are being considered, and the company is recruiting additional partners, he says....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Celanese-considers-alternative-locations-additional-partners-for-second-methanol-project-with-Mitsui_72313.html
July 20, 2015
Liquid Light (Monmouth Junction, NJ) and Coca-Cola have signed an agreement to accelerate the development of Liquid Light's carbon dioxide (CO2)–to–monoethylene glycol...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_glycol/Liquid-Light-signs-CO2-to-MEG-technology-development-agreement-with-Coca-Cola_72312.html
July 17, 2015
Shares in CF Industries (Deerfield, IL) spiked as much as 13% after the Wall Street Journal reported that the company is in advanced merger talks with OCI (Geleen, The Netherlands). According to “people familiar with the matter,” a deal could be concluded this month, says the newspaper....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/CF-Industries-OCI-NV-in-merger-talks-report_72294.html
July 17, 2015
An impasse in negotiations for the July para-xylene (p-xylene) contract price in Europe—which is dragging into a third week—may result in a split settlement, according to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Europe-p-xylene-contract-price-talks-for-July-feel-pressure-of-PTA-PET-imports-from-Asia_72281.html
July 16, 2015
US July propylene contracts lower Thursday, following the recent decline in spot prices which have been pressured down by ample supply. July propylene declined by 3.50 cts/lb, taking...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/US-propylene-contracts-down-for-fifth-consecutive-month_72260.html
July 16, 2015
Dow said in a filing with Texas state regulators that its LHC-8 steam cracker in Freeport was in restart mode. The filing comes a week after Dow had a process leak at the Light...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Dows-LHC-8-steam-cracker-in-Freeport-in-restart-mode_72247.html
July 16, 2015
Shell Chemicals has restarted its 940,000-m.t./year steam cracker at Moerdijk, Netherlands, Shell confirmed to CW today. Most of the production units at Shell's Moerdijk complex have...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Shell-restarts-Moerdijk-cracker-supplies-customers-with-product_72195.html
July 16, 2015
US propylene stocks were mixed in the week that ended 10 July, according to data released on Wednesday by the Energy Information Administration (EIA). Propane/propylene stocks were at...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/US-propylene-stocks-mixed-in-the-second-week-of-July_72167.html
July 15, 2015
The UK government on Tuesday decided against a public inquiry into the £2 billion ($4.7 billion) potash project planned for the North York Moors national park. The York potash...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/UK-government-rules-out-public-inquiry-into-York-Potash-project_72185.html
July 15, 2015
South Korea’s exports of benzene increased significantly in the first half of 2015 compared with the same timeframe in 2014, according to data obtained by IHS Chemical. Total...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/South-Koreas-benzene-exports-surge-in-first-half-of-2015_72169.html
July 15, 2015
The toluene arbitrage window between Asia and the United States is open, but it is unlikely that further Asian cargoes will head to the United States because of a backwardated market...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/toluene/Risk-tight-supply-make-toluene-arbitrage-window-to-the-US-difficult-to-work_72147.html
July 15, 2015
Jim Ratcliffe inspects one of two shale gas carriers Ineos held a ship naming ceremony Tuesday at Qidong, China, near Shanghai, in the latest landmark of the company's $1-billion...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Ineos-names-ships-built-to-carry-shale-gas-from-the-US-to-Europe_72127.html
July 15, 2015
UOP has licensed its Advanced methanol-to-olefins (MTO) process to Better Clean Energy, a subsidiary of Better Holdings Group (Dongying, China). Better Clean Energy intends to use the MTO process to produce 300,000 m.t./year of ethylene and propylene at a new facility in Shandong Province, China. Startup is slated for 2016, says UOP....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/UOP-issues-fifth-MTO-license-in-China_72144.html
July 15, 2015
LSB Industries says the ongoing expansion of the company's El Dorado, AR, facility remains on schedule, but that the company now expects the project to cost $560-575 million, up from an earlier estimate of $495-520 million. LSB aims to bring the new nitric acid plant and concentrator online by the end of the third quarter, and the 375,000-m.t./year ammonia plant onstream in the first quarter of 2016....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/LSBs-El-Dorado-expansion-on-schedule-cost-higher-by-$55-million_72146.html
July 15, 2015
Canadian expandable polystyrene (EPS) have been forced to look at alternatives for styrene supply to cover their needs in August and September, following Shell Canada's styrene force...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Canadian-EPS-market-looking-to-other-styrene-producers-after-Shell-force-majeure_72145.html
July 14, 2015
The board of Indian Oil Corp. (New Delhi) has approved construction of previously announced world-scale para-xylene, ethylene glycol (EG), and purified terephthalic acid (PTA) plants...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_glycol/Indian-Oil-board-approves-large-p-xylene-EG-PTA-projects-at-Paradip_71958.html
July 14, 2015
Styrene monomer spot prices in Europe  are staying at recently inflated levels despite downward pressure on benzene as crude oil falls back below $60/bbl. Styrene spot prices...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Europe-styrene-spot-prices-hold-despite-lower-crude-pressure-on-benzene_71945.html
July 14, 2015
Braskem issued a filing with Texas state regulators for unplanned maintenance at its Freeport, TX, polypropylene (PP) facility, which was prompted by an emergency shutdown at a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Environmental-filing-indicates-production-issues-at-Freeport-facility_72120.html
July 13, 2015
Enterprise Products Partners (Houston) has announced several projects to increase pipeline capacity for polymer-grade propylene between 2017 and 2020. Enterprise will convert and expand the North Dean pipeline, currently configured for refinery-grade propylene; convert the Lou-Tex pipeline from chemical-grade propylene service to polymer-grade; and build a refinery-grade propylene pipeline between Sorrento and Breaux Bridge, LA....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Enterprise-to-increase-polymer-grade-propylene-pipeline-capacity_72046.html
July 13, 2015
ThyssenKrupp Industrial Solutions has been awarded a contract from Apatit, a subsidiary of the Russian fertilizer producer PhosAgro (Moscow), to supply a complete in-pit crushing and...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/ThyssenKrupp-awarded-contract-for-phosphate-mine-facilities-in-Russia_72108.html
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