IHS Chemical Week

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February 5, 2015
Aromatics prices fell $15-55/m.t. in Asia today, erasing most of the week's gains as regional market sentiment turned bearish following a slump in overnight crude oil futures. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Asia-aromatics-prices-lose-most-of-weeks-gains-today-on-crude-slump_67521.html
February 5, 2015
Haldia Petrochemicals Ltd. (HPL; Kolkata, India) plans to operate its steam cracker at 100% of capacity after it was restarted on 29 January following a six-month hiatus, a source...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Haldia-Petrochemicals-targets-100-percent-cracker-runs-after-late-January-restart_67513.html
February 4, 2015
US propylene inventories were down for the week ended 30 January, according to data released by the US Energy Information Administration (EIA) on Wednesday. The drop in inventories...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/US-propylene-inventories-end-January-lower_67505.html
February 4, 2015
Great Quest Fertilizer Ltd (Vancouver) has filed an updated preliminary economic assessment of the company's Tilemsi phosphate project in Mali. The update includes a pilot plant phase...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Updated-economic-assessment-filed-for-fertilizer-project-in-Mali_67491.html
February 4, 2015
Chlorine production increased 1.3% year-on-year (YOY) in Europe during December 2014, according to the latest figures released by industry association Euro Chlor (Brussels). Production...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Europes-chlorine-production-up-1-3-percent-in-December_67490.html
February 4, 2015
Styrindo Mono Indonesia (SMI; Jakarta) is operating one of its two styrene production lines at Merak, Indonesia—sufficient to meet its contractual obligations—a source...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrindo-Mono-Indonesia-runs-one-of-two-styrene-lines-to-meet-commitments_67477.html
February 4, 2015
Aromatics spot prices have firmed in the United States heading into February—mixed xylene (MX) values are still higher than benzene and toluene—alongside stronger NYMEX...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Aromatics-open-February-higher-in-the-US-on-stronger-energy-futures_67467.html
February 4, 2015
Automobile organization AAA (Heathrow, FL) expects retail gasoline prices to increase in the United States this month on the back of refinery maintenance and lower production. US...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/mixedxylenes/AAA-expects-higher-US-retail-gasoline-prices-in-February_67457.html
February 3, 2015
Wrapping up a deal that was announced in December 2014, Rogers Corp. (Rogers, CT) has closed on the transaction to acquire Arlon (Santa Ana, CA) from Handy & Harman (White Plains...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Rogers-Corp-completes-acquisition-of-specialty-silicones-firm-for-$157-million_67207.html
February 3, 2015
Williams Partners (Tulsa, OK) says it expects to begin manufacturing ethylene at its expanded Geismar plant for sale in February. The company originally planned to start the plant, which has been offline since June 2013, in November, but problems arose during the final stages of commissioning....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Williams-to-produce-ethylene-at-Geismar-for-sale-in-February_67455.html
February 3, 2015

LyondellBasell’s fourth-quarter earnings have beaten the analysts’ consensus estimate by 15%, with lower feedstock costs more than making up for lower product prices. However, the company expects lower crude oil prices to pressure margins in the year ahead. Fourth-quarter earnings from continuing operations totaled $796 million, down 32% year-over-year (YOY) from $1.177 billion. Sales totaled $10.29 billion, down 8% YOY from $11.138 billion. The quarter included a $715 million non-cash, pre-tax charge for the impact of a lower-of-cost-or-market (LCM) inventory adjustment.

...

http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/LyondellBasell-beats-consensus-by-15-percent-as-lower-feedstocks-make-up-for-product-prices_67452.html
February 3, 2015
Spot aromatics prices spiked $30–70/m.t. today as market sentiment rode firmer energy markets. The March Brent crude contract rose yesterday by $1.76, to $54.75/bbl, on the ICE...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/mixedxylenes/Asia-aromatics-prices-spike-as-crude-futures-soar_67437.html
February 3, 2015
Sumitomo Corp. has acquired a 65% share of Agro Amazonia Produtos Agropecuarios (Cuiaba, Brazil), a distributor of farm and livestock supplies—including agricultural chemicals...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Sumitomo-Corp-acquires-65-percent-stake-in-Brazil-agchem-fertilizer-distributor_67450.html
February 3, 2015
Benzene production and inventories in the United States for the fourth quarter of 2014 were up from the same time one year earlier, according to data released by the American Fuel and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/AFPM-Higher-fourth-quarter-benzene-production-and-inventories-in-US_67382.html
February 2, 2015
Formosa Petrochemical Corp. (FPC) raised production at its three steam crackers at Mailiao, Taiwan, from 90% to 95% of capacity at the end of January, a source close to the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Formosa-raises-cracker-runs-to-95-percent-of-capacity-in-late-January_67391.html
February 2, 2015
PhosAgro (Moscow) today announced its production results for 2014, with total volumes up 3.7%, to 6.2 million m.t. Of this, phosphates accounted for 4.8 million m.t., up 3.2% compared...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PhosAgro-reports-higher-production-and-sales-optimistic-about-2015_67408.html
February 2, 2015
EuroChem (Zug, Switzerland), one of the world’s leading producers of fertilizers, says it remains on track with a fertilizer project it is planning in Louisiana. The company...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/EuroChem-still-considering-Louisiana-project-but-Russia-could-become-attractive-alternative_67407.html
February 2, 2015
IHS Chemical confirms the Asian para-xylene (p-xylene) contract price for February has been settled at $710/m.t. cfr, the first settlement since October 2014, when it was fixed at...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Asian-February-p-xylene-contract-settles-for-first-time-since-October_67402.html
February 1, 2015
Saudi Kayan, a Sabic affiliate, said on Sunday that it plans to shut several units at its petrochemicals complex at Jubail for a scheduled maintenance in February and October. Kayan...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Saudi-Kayan-to-shut-several-units-for-maintenance_67386.html
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