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March 6, 2015
Spot styrene and benzene prices in Asia spiked as much as 12% and 14%, respectively, week-on-week today following the return of market participants in China after their Lunar New Year...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Asia-styrene-benzene-prices-spike-12-14-percent-this-week_68362.html
March 6, 2015
Prompt benzene spot prices have continued to firm in the United States this week, following the recent March contract split settlement on 3 March. The continued increase is on the back...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Benzene-split-settlement-in-US-for-March-shows-wide-spread_68356.html
March 5, 2015

Olin says normal production of chlorine and chemically pure salt at the company's McIntosh, AL, facility has resumed, and that the company is lifting a force-majeure declaration made on 10 February. Olin says it remains on order control for chlorine owing to tight supply in its overall system.

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http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Olin-lifts-force-majeure-on-chlorine-salt-from-McIntosh-facility_68344.html
March 5, 2015
Trinseo reports a net loss for the fourth quarter of $30 million, down from a net profit of $11 million in the year-ago quarter, largely the result of inventory revaluation driven by declining crude oil prices. Sales totaled $1.12 billion, down 10% year-over-year (YOY) from $1.24 billion on lower raw material costs and currency effects. Adjusted earnings came to a loss of 48 cents/share, below analysts’ consensus estimate of a 13-cts/share loss....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Trinseo-swings-to-loss-on-inventory-revaluation-misses-estimates_68342.html
March 5, 2015
Uralkali (Berezniki, Russia), one of the world’s largest potash producers, today published its audited financial results for the full year ended 31 December 2014. Production was...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Uralkali-reports-higher-production-in-2014-speeds-up-development-of-additional-potash-deposits_68337.html
March 5, 2015
Argex Titanium (Montreal) says that its newly created 100%-owned subsidiary, Argex Canada, has awarded an engineering, procurement, and construction (EPC) contract to Técnicas...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/titanium_dioxide/Argex-awards-EPC-contract-to-Tecnicas-Reunidas-for-TiO2-project-in-Canada_68338.html
March 5, 2015
Yeochun NCC (YNCC; Seoul) has not been feeding 10% liquefied petroleum gas (LPG) into the company's No. 1 naphtha cracker at Yeosu, South Korea, since early February, a source close to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Yeochun-NCC-stops-feeding-LPG-into-cracker_68328.html
March 5, 2015
Propylene inventories were up in the United States for the week ended 27 February, according to data released by the US Energy Information Administration. It is the third straight week...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Propylene-stocks-up-in-US-for-third-straight-week_68324.html
March 4, 2015
Benzene spot prices have gained more than $100/m.t. in Europe in one week, prompted primarily by a push-up on price in the US market. The increase in spot prices has led some players...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Europe-benzene-spot-price-gains-boosted-by-US-prices_68307.html
March 4, 2015
Ineos plans to integrate the Americas business activities of Ineos ABS into Styrolution by the end of 2015. The marketing, sales, customer service, supply chain, procurement, R&D, human resources, and manufacturing functions of the two businesses will be merged, says Ineos....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Ineos-to-integrate-Ineos-ABS-Styrolution-in-the-Americas-by-year-end_68304.html
March 4, 2015
Allana Potash (Toronto) is seeking to link with Yara International and other companies in its previously announced potash fertilizer project in Ethiopia. Both Allana and Yara are...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Allana-Potash-seeking-to-link-with-Yara-in-Ethiopian-potash-project_68300.html
March 4, 2015
Sociedad Química y Minera de Chile (SQM; Santiago) posted net income of $78 million in the fourth quarter of 2014, compared with $69 million one year earlier. The comparison...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/SQMs-net-income-up-sales-stable_68294.html
March 4, 2015
Celanese has raised its acetic acid prices in China and the rest of Asia, effective 3 March, the company says. Celanese cites a "recent rapid increase and continued volatility in...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Celanese-raises-acetic-acid-prices-in-China-and-rest-of-Asia_68291.html
March 4, 2015
Rennovia (Santa Clara, CA) and Johnson Matthey have entered into a joint agreement for the co-development and manufacture of catalysts to be used in the scale-up and commercialization...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/adipic_acid/Rennovia-Johnson-Matthey-to-co-develop-and-manufacture-catalysts-for-biobased-adipic-acid-process_68297.html
March 3, 2015
The US March benzene contract was finalized at a split settlement on Monday. One producer settled at $2.08/gal, while a lower settlement was completed by another producer at $2.04/gal...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/US-benzene-split-settlement-for-March-shows-wide-spread_68289.html
March 3, 2015
LSB Industries (Oklahoma City, OK) reports net income of $657,000 for the fourth quarter, down from $37.3 million in the year-ago period. Sales totaled $181.3 million, up 22% year-over-year (YOY). Adjusted earnings of 9 cts/share fell short of the analysts’ consensus estimate of 35 cts/share, as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/LSB-Industries-fourth-quarter-results-miss-estimates_68271.html
March 3, 2015
Discussions on the March toluene contract for Europe reached an impasse Tuesday with no further settlements forthcoming initial price of $668/m.t. agreed Friday, according to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/toluene/March-toluene-contract-price-talks-at-an-impasse-in-Europe_68274.html
March 2, 2015
Wood Group (Houston) says it is providing detailed engineering, procurement, and fabrication services for the process control systems required by ExxonMobil Chemical’s multibillion-dollar expansion project at ExxonMobil's Baytown and Mont Belvieu plants near Houston....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Wood-Group-awarded-process-controls-contract-for-ExxonMobil-ethylene-PE-project_68233.html
March 2, 2015
PotashCorp has signed an agreement to purchase a 9.50% stake in producer and distributor Fertilizantes Heringer (Viana, Brazil) from that company's controlling shareholders for $55.7...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PotashCorp-acquires-9-5-percent-stake-in-Brazil-fertilizer-firm_68227.html
March 2, 2015
India plans to reduce customs duties on a range of petrochemical products and feedstocks, such as styrene monomer and naphtha, when its fiscal year 2015-16 begins on 1 April, the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_dichloride/India-to-cut-customs-duties-on-products-including-styrene-naphtha_68220.html
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