IHS Chemical Week

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May 3, 2016
Trinseo reported sharply higher first-quarter earnings and lifted its full-year 2016 forecast on improved market conditions in styrenics and polycarbonate. Trinseo reported net income of $77 million, up 103% year-on-year (YOY). Revenue fell 12%, to $894 million, driven by the pass through of lower raw material costs, lower sales volume to the Europe polystyrene and Asia performance plastics markets, as well as negative currency impacts. Reported adjusted earnings were $1.62/share, up 102% YOY and 20% above the average analyst estimate as reported by Thomson Reuters (New York)....
May 3, 2016
Westlake Chemical Partners, a master limited partnership (MLP) affiliated with Westlake Chemical, reports first-quarter net income attributable to the partnership up 42% year-on-year...
May 3, 2016
BioNitrogen Holdings Corp. (West Palm Beach, FL), a cleantech company with technology that converts biomass into urea fertilizer, says board chairman Carlos Contreras and member Mario...
May 3, 2016
The styrene barge contract price for May has settled in Europe at a rollover at €1,120/m.t. Following a €17/m.t. dip in the benzene settlement combined with an increase in...
May 3, 2016
OCI NV (Amsterdam), the fertilizer and methanol producer merging some of its operations with those of CF Industries, has reported its full-year 2015 results and given an update on its...
May 3, 2016
Potash producer Uralkali (Berezniki, Russia) has agreed with 16 international banks for a five-year, $1.2-billion loan, the company has announced. The deal is "the...
May 3, 2016
Metso (Helsinki) announced on 3 May that it has entered into a five-year, long-term services partnership agreement with Tata Chemicals (Mumbai) to repair, rebuild, and service existing...
May 3, 2016
The May contract price for benzene in Europe settled at $680/m.t., down $18/m.t. from the April settlement because the market for May is pricing amid improved supply.   An...
May 2, 2016
Solvay announced on Tuesday that it has signed a definitive agreement with the Brazilian chemical group Unipar Carbocloro (São Paulo) to sell its 70.59% stake in the polyvinyl...
May 2, 2016
Styrene production in the United States during the first quarter was up year-on-year (YOY) and inventory was down, according to data released by the American Fuel and Petrochemical Manufacturers (AFPM)....
May 2, 2016
US ethylene production and inventory in the first quarter of 2016 increased year-on-year (YOY), according to data released last week by the American Fuel and Petrochemical Manufacturers (AFPM). Producers and consumers ramped up production and inventory levels in preparation for the spring turnaround season, which will run through late in the third quarter....
April 29, 2016
Zhejiang Petrochemical, a subsidiary of Rongsheng Holding Group (Hangzhou, China) has awarded a designing contract to three firms, including China Huanqiu Contracting and Engineering...
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