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May 20, 2014
AM Agrigen Industries (Dover, DE) has selected a site in St. Charles Parish, LA, to develop a potential $1.2-billion plant to manufacture granulated urea, the company says. Agrigen...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Louisiana-site-selected-for-potential-$1-2-billion-urea-complex_61160.html
May 20, 2014
PhosAgro (Moscow), a leading fertilizer producer, today reported a major decline in first-quarter net profit but higher Ebitda and Ebitda margin. Net profit was down 42%, to 1.9...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PhosAgro-reports-decline-in-first-quarter-net-profit-on-higher-sales-and-margin_61161.html
May 20, 2014
Maverick Synfuels (Research Triangle Park, NC), and Plant Process Equipment (PPE; League City, TX), have formed a partnership to manufacture and sell small-scale gas-to-liquids (GTL)...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Maverick-Synfuels-and-PPE-collaborate-on-manufacture-sale-of-small-scale-GTL-methanol-plants_61164.html
May 19, 2014
Borouge, a 60-40 joint venture between Abu Dhabi National Oil Co. and Borealis (Vienna), has begun starting up the Borouge 3 gas cracker complex. Abdulaziz Alhajri, CEO of Borouge...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Borouge-3-cracker-in-start-up-phase-full-production-by-year-end_61121.html
May 19, 2014
Oman is expected to award a contract next year to build an ammonia plant in the Salalah Free Zone. The Takamul Investment Co., the downstream investment arm of Oman Oil, is promoting...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Takamul-to-award-ammonia-plant-contract-in-Oman_61122.html
May 19, 2014

EPA has finalized a greenhouse-gas permit allowing ExxonMobil Chemical to proceed with construction of a 1.5-million m.t./year ethylene plant at Baytown, TX.

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http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/EPA-rejects-appeal-finalizes-permit-for-ExxonMobils-Baytown-ethylene-project_61115.html
May 15, 2014
OMV (Vienna) says it has started up an expansion of butadiene capacity at the company's Schwechat, Austria, refinery and petrochemical complex. Butadiene capacity was increased by 30%...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/OMV-completes-butadiene-hike-in-Austria_61084.html
May 15, 2014
The board of directors of Saudi Arabian Mining Co. (Ma’aden; Riyadh) is seeking to increase the company’s share capital through a rights issue with a total value of 5.6...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Maaden-plans-rights-issue-to-help-fund-investment-projects_61074.html
May 14, 2014
Styron (Berwyn, PA) reports first-quarter income of $17.1 million, compared with a loss of $9.7 million in the year-ago period. Sales totaled $1.36 billion, down 2.3% year-over-year (YOY) on lower selling prices, partly offset by higher volumes and favorable currency impact....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styron-swings-to-$17-million-profit_61060.html
May 14, 2014
Potash producer K+S (Kassel, Germany) reports a 21% year-on-year (YOY) decrease in first-quarter Ebit, to €219.6 million ($301.6 million), mostly because of lower potash and...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/K+Ss-Ebit-down-21-percent-on-lower-potash-and-magnesium-results-says-prices-are-stabilizing_61059.html
May 13, 2014
OCI Partners (Nederland, TX) reports net income of $29 million for the first quarter, down 36% year-on-year (YOY) on unplanned outages. Sales totaled $100 million, down 11% YOY. The company says it will issue a cash distribution of 41 cts/share....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/OCI-Partners-first-quarter-income-down-36-percent-on-outages_61042.html
May 13, 2014
Drake & Scull International (D&S; Dubai) has signed an agreement with Carbon Holdings (Cairo) for the Tahrir Petrochemical Corp. (TPC) project under development at Ain Sokhna...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Drake-and-Scull-joins-EPCC-consortium-for-Egypts-Tahrir-Petrochemical-project_61035.html
May 13, 2014
Rentech Nitrogen Partners (Los Angeles) reports net income for the first quarter of $3.1 million, down 79% year-on-year (YOY). Earnings per share totaled 8 cts, well above analysts’ consensus estimate of 0 cts, as compiled by Thomson Reuters. Sales totaled $56.3 million, down 5.5% YOY, since a gain at Rentech’s Pasadena, TX, facility was offset by a decline at its East Dubuque, IL, facility....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Low-prices-drive-down-Rentech-Nitrogens-earnings_61033.html
May 12, 2014
The National Petrochemical Co. (NPC; Tehran) says the West Ethylene Pipeline, connecting two ethane crackers at Assaluyeh in the south of Iran with several downstream plants, will be...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Iran-to-inaugurate-ethylene-pipeline_60981.html
May 12, 2014
Toyo Engineering today gave more details on a petrochemical contract it is carrying out for a previously announced project for state group Turkmengas (Ashgabat) in Turkmenistan...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Toyo-Engineering-outlines-petchem-contract-in-Turkmenistan_60983.html
May 9, 2014
Agrium announced today that it has entered into a definitive agreement with Koch Agronomic Services, LLC, an affiliate of Koch Fertilizer, LLC, to sell its Turf and Ornamental business...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Agrium-to-sell-turf-and-ornamental-business-to-Koch-Agronomic-Services_60967.html
May 9, 2014
State-owned Pupuk Kalimantan Timur (PKT; Bontang, Indonesia) says it has acquired Kaltim Pacific Ammonia's (KPA; Bontang) ammonia plant at Bontang for about $109 million. KPA was a...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Indonesian-state-fertilizer-company-acquires-Mitsui-and-Co-ammonia-plant_60961.html
May 8, 2014
The first phase of Iran's Ilam petrochemical complex was inaugurated yesterday by Iranian President Hassan Rohani, according to a report from state news agency Irna. The complex, built...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Report-Iran-inaugurates-first-phase-of-Ilam-petchem-complex_60897.html
May 8, 2014
Tronox reports a first quarter net loss of $58 million, versus a year-ago loss of $51 million, as improved pigment sales were offset by weaker results in the mineral sands segment. The 51 cent loss per share fell well below the analysts’ consensus estimate of a 27 cent loss per share. Net sales totaled $418 million, down 11% year-over-year....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/titanium_dioxide/Tronox-earnings-down-on-weak-mineral-sands-but-pigments-improve_60901.html
May 8, 2014
The European Commission says it has approved the proposed merger of the European chlorvinyls businesses of Ineos and Solvay, subject to the divestment by Ineos of suspension polyvinyl...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_dichloride/EU-approves-Ineos-Solvay-chlorvinyls-merger-subject-to-PVC-EDC-chlor-alkali-divestments_60896.html
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