IHS Chemical Week

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June 8, 2016
Asia's aromatics spot market closed today at a 2-week high boosted by energy prices, but the momentum may not be sustainable given that market fundamentals remain unchanged, says IHS...
June 8, 2016
Sirius Minerals (London), a company developing the North Yorkshire polyhalite project, said on Wednesday that it has entered into a new take-or-pay agreement with Yunnan Dian Huang...
June 7, 2016
Petrochemical firm Lotte Chemical (Seoul), in a statement to the Korea Exchange on 7 June, says that it has submitted a proposal to acquire Axiall (Atlanta). Financial details of the...
June 7, 2016
US benzene firmed on Tuesday, and it could move higher this week on the back of stronger crude oil. However, the outlook is complicated by weakness in the gasoline market....
June 7, 2016
Location of PE production and demand. Copyright of Shell International. Shell Chemical has made the final investment decision to build a major petrochemical complex, comprising a...
June 7, 2016
Borealis, Europe’s second largest polyolefins producer, on Tuesday announced an investment of €40 million ($45.5 million) in an upgrade of its olefins plant at Porvoo...
June 7, 2016

US benzene spot prices moved higher Monday as market participants waited to hear the status of ExxonMobil's chemical plant in Beaumont, TX, following production issues late Friday. The increase continued a rally that began late last week

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June 7, 2016
Trecora Resources (Sugar Land, TX), a supplier of high-purity specialty hydrocarbons and waxes, says that it has received permission from the Texas Commission on Environmental Quality...
June 7, 2016
Lanxess has expanded its phosphoric acid ester plant storage capacity at the Leverkusen complex, investing about €8 million ($9.1 million). The new storage facility for liquids...
June 2, 2016
Sibur (Moscow), Russia’s biggest producer of petrochemicals and plastics and a major processor of associated petroleum gas and raw natural gas liquids, is making progress with two world-scale petrochemical projects in the country....
June 2, 2016
The mood at this year’s Asia Petrochemical Industry Conference (APIC), which took place in Singapore in May, was upbeat with producers, mostly those based on naphtha feedstock...
June 6, 2016
Asia is expected to receive less styrene from the United States in the coming months after deep-sea volumes reached an unprecedented high in February, says Brian Lee, senior...
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