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March 19, 2013
Ube Industries (Tokyo), Mitsubishi Corp. (Tokyo), Lotte Chemical (Seoul), and Lotte Chemical’s wholly owned Lotte Chemical Titan (Kuala Lumpur) subsidiary have established a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Ube-Lotte-Chemical-and-Mitsubishi-form-joint-venture_50525.html
March 19, 2013
UOP, a Honeywell subsidiary, says it has been selected by Fujian Meide Petrochemical to provide technology to produce propylene in China. Fujian Meide will use the UOP C3 Oleflex...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/UOP-selected-to-provide-technology-for-propylene-project-in-China_50620.html
March 19, 2013
The Mosaic Co. has entered into a heads of agreement with the Saudi Arabian Mining Co. (Ma'aden) and Sabic under which the companies intend to establish a joint venture to develop...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Maaden-Mosaic-and-Sabic-sign-agreement-for-$7-billion-phosphate-complex-in-Saudi-Arabia_50619.html
March 19, 2013
Tata Consulting Engineers (TCE; Mumbai) has won a contract to provide project management at Dangote Group's (Lagos) planned $1.9-billion fertilizer plant at Edo, Nigeria, TCE...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Tata-Consulting-Engineers-to-project-manage-fertilizer-complex-in-Nigeria_50615.html
March 19, 2013
Teijin and its partners, Showa Shell and Mitsubishi Corp., will dissolve their para-xylene (p-xylene) production and marketing joint venture TS Aromatics (Matsuyama, Japan). Sources at...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Teijin-and-partners-to-dissolve-para-xylene-joint-venture-TS-Aromatics_50609.html
March 18, 2013
Williams announced it will begin construction on a previously proposed propane dehydrogenation (PDH) facility in Alberta, Canada. The PDH facility will be the first and only in Canada...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Williams-to-proceed-with-Canadian-PDH-facility_50592.html
March 18, 2013
Samsung Engineering has signed a contract worth $650 million to build a nitrogen fertilizer complex for the State Oil Company of Azerbaijan (Socar; Baku). The contract, Samsung’s...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Samsung-Engineering-signs-$650-million-fertilizer-plant-contract-in-Azerbaijan_50580.html
March 18, 2013
Hambana Petrochemicals ltd. (HPL; Colombo), a company owned by Peak Energy (Singapore), says its previously announced polyethylene terephthalate (PET) plant will be build in the Magam...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Sri-Lankan-PET-project-will-back-integrate-to-PTA-manufacture_50579.html
March 14, 2013
Dow Chemical says it plans to divest up to $1.5 billion worth of businesses over the next 18 months, including its polypropylene licensing and catalysts business and its plastic...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Dow-details-$1-5-billion-divestiture-plan_50507.html
March 14, 2013
LyondellBasell Industries said today that it will add 800 million lbs/year of ethylene capacity at its Corpus Christi, TX, site by late 2015. Company officials also announced plans to add as much as 1.2 billion lbs/year of polyethylene (PE) in the United States by 2016 at an analyst meeting in New York today....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/LyondellBasell-details-ethylene-boost-at-Corpus-Christi-plans-PE-unit_50474.html
March 14, 2013
K+S reported adjusted group fourth-quarter earnings of €131.6 million ($171.1), about 12% lower than the year-ago quarter. At €183.2 million, operating earnings also fell 12%...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/K+S-fourth-quarter-earnings-down-12-percent_50503.html
March 13, 2013
ZeaChem (Lakewood, CO) says it has successfully produced commercial-grade cellulosic chemicals and ethanol at its 250,000-gal/year demonstration biorefinery at Boardman, OR...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/ZeaChem-starts-production-of-commercial-grade-cellulosic-chemicals_50471.html
March 12, 2013
Vale said Monday that it had informed the Argentinean government that is suspending work on a potash project at Rio Colorado, Argentina. The company says that the project is not...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Vale-suspends-Rio-Colorado-potash-project-updated_50410.html
March 12, 2013
Vale (Rio de Janeiro) has requested that the Mendoza, Argentina provincial government extend, until the end of this month, a deadline for the presentation of a work plan for...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Report-Vale-secures-extension-to-Argentina-potash-work-plan-denied-$2-billion-tax-break_49650.html
March 11, 2013
Ineos Phenol and Sinopec Yangzi Petrochemical Co. (Sinopec YPC) have today initialled joint venture agreements for the design, build, and future operation of a previously announced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetone/Ineos-and-Sinopec-go-ahead-with-$500-million-phenol-acetone-investment-in-China_50408.html
March 8, 2013
The auction of a 12.5% of worth of shares in Rashtriya Chemicals and Fertilisers (RCF; Mumbai) by the Indian government closed today, raising some 3.1 billion Indian rupees...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Reports-Indian-government-sale-of-RCF-stake-oversubscribed_50377.html
March 7, 2013
Polystyrene (PS) prices fell in Europe between January and February, sliding on the back of lower-than-expected demand. But sellers are expecting an increase in the styrene monomer...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/European-PS-producers-bullish-on-prices-despite-weak-end-user-demand_50275.html
March 6, 2013
The Indian government has fixed 8 March 2013 as the date when it will divest a 12.5% stake in Rashtriya Chemicals & Fertilisers (RCF; Mumbai) through an offer for sale (OFS)...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Reports-Indian-government-to-sell-12-5-percent-stake-in-RCF_50278.html
March 6, 2013
A legal dispute has erupted between Klesch Group (Geneva), a special situations investor; and Arkema over Kem One (Lyon, France), the former vinyls business of Arkema, which Klesch...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Klesch-and-Arkema-lock-horns-over-vinyls-producer-Kem-One_50221.html
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