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March 13, 2015
Canexus (Calgary) says that it has engaged a financial advisor to explore the potential sale of Canexus's chlor-alkali operation at North Vancouver, BC. The company says that it is...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Canexus-explores-sale-of-Canada-chlor-alkali-business_68559.html
March 13, 2015
Tight ethylene supply in Louisiana this week has led to record-high spreads between prices at Choctaw in Louisiana and Mont Belvieu-Williams (MtB-W) in Texas, based on trades today...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Ethylene-trades-on-US-Gulf-Coast-at-record-high-spread-on-tight-supply-in-Louisiana_68557.html
March 13, 2015
The spread between styrene and benzene prices reached an all-time high in Europe this week as spot styrene continued to surge but benzene faltered.   March styrene offers breached...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Europes-styrene-benzene-spread-reaches-record-high_68558.html
March 13, 2015
Spot styrene prices in Asia registered a sharp weekly fall amid market concerns about an influx of deepsea cargoes and falling Brent crude contracts, which sank below $57/barrel in...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Styrene-prices-fell-sharply-in-Asia-this-week-other-aromatics-down_68551.html
March 13, 2015
Shell Chemicals announced today that it has completed revamping its Wesseling, Germany, steam cracker, improving energy efficiency and boosting production volumes. Modifications to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Shell-Chemicals-completes-cracker-revamp-in-Germany_68550.html
March 12, 2015
The US Coast Guard has announced that the Houston Ship Channel was reopened this morning, after responders completed initial salvage plans on a damaged chemical tanker carrying methyl...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/mtbe/Houston-Ship-Channel-fully-reopened_68476.html
March 12, 2015
Potash producer K+S's (Kassel, Germany) operating earnings (Ebit) during the last quarter of 2014 were €130.4 million ($138.6 million), up 30% year-on-year (YOY), despite higher...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/K+Ss-operating-profit-soars_68485.html
March 12, 2015
Saudi Kayan, a Sabic affiliate, said today that it had to extend its steam cracker maintenance period by an additional 10 days after discovering a technical fault. The company...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Kayan-extends-maintenance-at-Jubail-halts-PE-production_68471.html
March 12, 2015
Prayon (Engis, Belgium), a leading producer of phosphate raw material and fertilizers, has announced a price increase of its phosphate products worldwide. The increase of around...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Prayon-raises-phosphate-prices-as-the-euro-continues-its-downward-slide_68470.html
March 12, 2015
Propylene inventories in the United States were stable for the week ended 6 March, according to data released by the US Energy Information Administration (EIA). It is the first time in...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Propylene-stocks-stable-in-the-US_68456.html
March 11, 2015
The Central Texas Coastal Area Committee (CTCAC) said today that responders had begun to execute salvage plans for the damaged chemical tanker Carla Maersk, following its collision...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/mtbe/Houston-Ship-Channel-remains-closed-as-salvage-plans-begin-for-damaged-tanker_68457.html
March 11, 2015
Sirius Minerals (London) today issued 225.98 million new shares at a price of 7 pence per share to raise approximately £15 million ($22.5 million). The new shares represent...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Sirius-raises-£15-million-to-fund-development-of-UK-potash-project_68440.html
March 11, 2015
Celanese has raised its acetic acid prices in China, effective 10 March—its second hike this month—citing a “rapid increase and continued volatility in global...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Celanese-hikes-acetic-acid-prices-in-China-for-second-time-in-March_68426.html
March 11, 2015
India has revived plans to build an ammonia-urea complex in Iran.  Hansraj Gangaram Ahir, junior chemicals and fertilizers minister told Lok Sabha, India’s lower house of...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/India-revives-plans-for-ammonia-urea-joint-venture-in-Iran_68434.html
March 10, 2015
Valero Energy (San Antonio), the largest independent refiner in the United States, has not included a previously announced methanol project in Louisiana in the company’s capital...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Valeros-methanol-project-is-delayed_68345.html
March 10, 2015
The US Coast Guard said on Tuesday that the Houston Ship Channel remains closed, following a collision between two vessels yesterday that lead to and MTBE spill. A shelter-in-place for...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/mtbe/Houston-Ship-Channel-still-closed-with-ship-traffic-at-standstill_68422.html
March 10, 2015
Mosaic said on Monday that it will invest an additional C$1.7 billion ($1.34 billion) to further develop its K3 potash mine project at Esterhazy, SK. A recently approved change in the...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Mosaic-invests-in-potash-mine-in-Saskatchewan_68404.html
March 9, 2015
Chandra Asri (Jakarta) has confirmed that it is carrying out a preliminary study to develop a minirefinery in 2018, which is expected to ease the company’s reliance on naphtha...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Chandra-Asri-plans-back-integration-project-confirms-maintenance-schedule_68381.html
March 9, 2015
China is expected to be the leading export destination for benzene from South Korean for a third month running in March, data obtained by IHS Chemical show. South Korea sent 27,000...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/China-to-lead-Koreas-benzene-export-destinations-for-third-straight-month_68380.html
March 9, 2015
Jurong Aromatics Corp. (JAC, Singapore) is preparing to restart its integrated petrochemical plant at Jurong Island, Singapore, having finished maintenance and modification work...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Jurong-Aromatics-prepares-to-restart-production_68378.html
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