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May 29, 2015
JX Nippon Oil & Energy (Tokyo) said a fire broke out at its oil refinery at Kashima today at about 1.50pm local time, the company says, resulting in an emergency shutdown . The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/JX-Nippon-shuts-Kashima-oil-refinery-after-afternoon-fire-strikes_70832.html
May 29, 2015
Major fertilizer producer PhosAgro (Moscow) on Friday reported a 71% rise in first-quarter revenues to 50.2 billion Russian ruble ($808 million) on Ebitda 186% higher at RR24.6...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Currency-depreciation-helps-PhosAgro-raise-sales-and-earnings_70827.html
May 28, 2015
Up to 20,000 m.t.of US benzene could be on its way to Europe as the arbitrage window between the two regions has opened this week, according to various trade sources. Volume that has...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/cumene/US-benzene-could-be-moving-to-Europe-as-arbitrage-opens_70789.html
May 28, 2015
South Korea’s benzene exports to China for most of May have fallen by almost a half from the whole of April, data obtained by IHS Chemical show. About 54,000 m.t. were...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/South-Koreas-benzene-exports-to-China-fall-in-May_70740.html
May 28, 2015
Fertilizers producer PhosAgro (Moscow) said on Thursday that it has signed a memorandum of understanding (MOU) with Indian state owned Indian Potash for the supply of over 1.35 million...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PhosAgro-signs-three-year-deal-to-supply-fertilizers-to-India_70758.html
May 27, 2015
India has levied antidumping duties on purified terephthalic acid (PTA) from South Korea and Thailand for five years retroactively from 25 July 2014, the Ministry of Finance (New...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/India-slaps-antidumping-duties-on-PTA-from-South-Korea-Thailand-for-5-years_70734.html
May 27, 2015
The June benzene contract in the United States is expected to settle lower this week on the back of weak demand and ample supply, according to market participants. A decline in the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Lower-US-June-benzene-contract-expected-on-weak-demand-ample-supply_70729.html
May 27, 2015
TPC Group said Tuesday that it does not expect any additional issues stemming from a fire at that took place its 545,000-m.t/year butadiene plant in Houston earlier this week. In...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/No-additional-issues-expected-after-TPCs-Houston-butadiene-plant-fire_70727.html
May 27, 2015
After about 10 straight weeks of decline, overall styrene inventories at eastern China’s ports have firmed this week to about 55,000 m.t. versus 54,000 m.t...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrene-stocks-in-eastern-China-hold-steady-amid-downstream-operating-rate-cuts_70707.html
May 26, 2015
KBR said on Tuesday that it has been awarded a contract by Togliattiazot (ToAZ) to provide license, basic engineering design, front-end engineering, and design services to revamp...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/KBR-awarded-contract-to-revamp-seven-ammonia-plants-in-Russia_70674.html
May 26, 2015
UOP, a Honeywell subsidiary, has announced today that Taiyo Oil (Tokyo) has begun producing petrochemicals with UOP's Tatoray process technology, which provides greater flexibility to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Taiyo-Oil-starts-up-aromatics-production-using-latest-UOP-technology_70680.html
May 26, 2015
PTT Global Chemical (PTTGC; Bangkok), Thailand’s largest petrochemicals' producer, has selected technologies for its $5.7-billion project planned at Dilles Bottom, OH. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/PTTGC-selects-technologies-for-US-project-could-raise-capacity-at-planned-Indonesia-refinery_70666.html
May 25, 2015
Gulf Capital (Abu Dhabi) and Carbon Holdings (Cairo), on Monday announced the signing of a debt financing agreement to support three of Carbon Holdings’ previously announced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Abu-Dhabi-extends-loan-for-Egyptian-projects-Tahrir-funding-expected-by-yearend_70660.html
May 25, 2015
Yanbu National Petrochemical Co. (Yansab; Yanbu, Saudi Arabia), a Sabic affiliate, said on Sunday that it has restarted most of the manufacturing units at its Yanbu complex, following...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_glycol/YanSab-restarts-manufacturing-complex-following-maintenance_70659.html
May 25, 2015
Ethylene production issues at Williams Partners' Geismar, LA, facility this week could put additional strain on an already tight US styrene market, according to IHS Chemical analysis...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Williams-Geismar-production-issues-may-put-added-strain-on-US-styrene-supply_70653.html
May 22, 2015
ChevronPhillips Chemical (CPChem) began the startup process at an ethylene unit in Texas on Thursday, according to a filing with state regulators. CPChem said in a filling with the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/CPChem-begins-startup-process-at-Texas-ethylene-unit_70588.html
May 22, 2015
Eastman Chemical says it will increase prices on methyl isobutyl ketone (MIBK) in North America and Latin America by 5 cts/lb ($110/m.t.), effective 5 June or as contracts allow. The company cites elevated operating costs, especially in raw materials....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetone/Eastman-to-increase-MIBK-prices_70638.html
May 22, 2015
Williams Partners' confirmed late Thursday that ethylene production at its Geismar, LA, olefins plant has been temporarily affected and customers have been notified that their...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Williams-Geismar-ethylene-production-affected-by-power-outage_70635.html
May 22, 2015
Week-on-week, Asian spot styrene prices posted the steepest fall of $110/m.t. among several aromatics in the region, IHS Chemical data show, while price spreads between related...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Asian-styrene-prices-post-sharp-week-on-week-fall-spread-to-benzene-narrows_70630.html
May 22, 2015
India has approved the setting up of an ammonia-urea complex at Namrup, Assam with a production capacity of 864,000 m.t./year, the cabinet says, at an estimated investment of 45...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/India-approves-ammonia-urea-plant-at-Namrup-Assam_70621.html
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