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March 22, 2013
Indorama Ventures’ (Bangkok) polymers subsidiary AlphaPet has confirmed the construction of a previously announced polyethylene terephthalate (PET) production unit in the United...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Indorama-subsidiary-confirms-PET-project-at-BP-site-in-the-US_50709.html
March 22, 2013
Global styrene butadiene rubber (SBR) prices are expected to be torn in the first half of this year between soft demand downstream from tire manufacturing, as the automotive sector...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Export-opportunities-will-drive-SBR-markets-during-the-second-half-of-2013_50701.html
March 22, 2013
Rockwood said today that it has paid down all of Sachtleben’s outstanding borrowings, totaling $508.9 million. The borrowings include 2 term loans, which interest rates of the...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/titanium_dioxide/Rockwood-pays-down-all-Sachtleben-debt_50700.html
March 21, 2013
Although shale gas has cut into North American benzene supply and raised prices, it has simultaneously advantaged the production of benzene derivatives...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/IHS-WPC-Shale-will-drive-benzene-derivatives-in-North-America_50684.html
March 21, 2013
Weaker demand growth coupled with stronger rates of capacity expansion has dampened the profit outlook for ethylene, particularly for high-cost producers that use heavier feedstocks, says Mark Eramo, v.p./chemical market insights for IHS Chemical....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/IHS-WPC-Ethylene-profit-outlook-muted-by-weaker-demand-supply-surge-Eramo_50683.html
March 21, 2013
Belarusian Potash Co. (BPC; Minsk) will export about 2.5 million m.t. of potash to Southeast Asia via its office in Singapore in 2013, according to a report from the BelTA news...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Belaruss-BPC-to-export-2-5-million-m-t-of-potash-to-Southeast-Asia-during-2013_50663.html
March 20, 2013
Rockwood is considering a sale of its Sachtleben titanium dioxide (TiO2) joint venture along with its performance additives business, according to a Reuters report. The two businesses...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/titanium_dioxide/Report-Rockwood-looking-to-sell-Sachtleben-performance-additives_50657.html
March 20, 2013
Encanto Potash Corp. (Saskatchewan) says its Muskowekan First Nation potash mine project has been accepted by the Canadian federal government under its First Nations Commericial and...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Canadian-potash-mine-project-receives-federal-approval_50642.html
March 20, 2013
Huntsman says it has successfully completed scheduled maintenance of its olefins and ethylene oxide facilities at Port Neches, TX, and the units are operating at normal rates. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Huntsman-completes-olefins-EO-maintenance-at-Port-Neches_50640.html
March 20, 2013
Anellotech (Pearl River, NY) says it plans to make available 100-kilogram samples of green benzene and green toluene to strategic partners for downstream product development purposes...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Anellotech-to-provide-biobased-aromatics-samples-before-years-end_50638.html
March 19, 2013
Increases in polyethylene (PE) prices are expected to take place in Europe during March on the back of higher ethylene prices, but weak downstream converter and consumer demand are...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/European-PE-price-hikes-could-be-limited-by-weak-demand_50616.html
March 19, 2013
The Basque Institute for Agricultural Research and Development (Bilbao, Spain), Neiker-Tecnalia (Vitoria-Gasteiz, Spain), and Ekonek (Guipuzkoa, Spain) will jointly build a pilot plant...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Biofertilizer-pilot-plant-to-be-built-in-Spain_50635.html
March 19, 2013
Toyo Engineering has been awarded a contract to build an ammonia plant for Panca Amara Utama (PAU; Jakarta), a subsidiary of Surya Esa Perkasa (SEP; Jakarta), one of Indonesia’s...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Toyo-Engineering-awarded-ammonia-plant-contract-in-Indonesia_50305.html
March 19, 2013
Stamicarbon (Sittard, Netherlands), the licensing subsidiary of Maire Tecnimont (Milan), has signed two contracts with Jiangsu Linggu Chemical Industry Co. (Yixing, China) for a urea...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Stamicarbon-signs-urea-contract-for-plant-in-China_50304.html
March 19, 2013
Verde Potash (Toronto) says it has applied for a preliminary environmental permit for its Cerrado Verde potash project in Minas Gerais, Brazil. The project would help to meet growing...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Verde-Potash-files-permit-for-potash-project-in-Brazil_50300.html
March 19, 2013
LyondellBasell Industries announced plans last week to add 800 million lbs/year of ethylene capacity at its Corpus Christi, TX, site by late 2015 as part of a capital spending ramp-up...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/LyondellBasell-boosts-US-ethylene-PE-expansion-plans_50545.html
March 19, 2013
Rentech Nitrogen (Los Angeles) reports strong earnings and sales for fourth-quarter 2012, partially due to higher demand leading to increased urea and ammonia production from an early...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Rentech-Nitrogen-reports-growth-in-earnings-sales-for-fourth-quarter_50624.html
March 19, 2013
Ineos Phenol and Sinopec Yangzi Petrochemical Co. (Sinopec YPC) have 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-Sinopec-proceed-with-phenol-acetone-investment_50536.html
March 19, 2013
Vale informed the Argentinean government that it is suspending work on a potash project at Rio Colorado, Argentina, according to brief statement issued on 11 March. Vale says that the...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Soaring-costs-cause-Vale-to-halt-Argentinean-potash-project_50516.html
March 19, 2013
SK Gas (Seoul), South Korea’s largest importer and distributor of liquefied petroleum gas (LPG), has signed a deal with Lummus Technology to use Lummus’s Catofin process in...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/SK-Gas-selects-Lummus-Catofin-technology-for-PDH-plant-in-Korea_50462.html
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