IHS Chemical Week

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April 16, 2015
Month-on-month, Japan increased its production of benzene, toluene, and xylenes (BTX) in March by 11%, 13% and 9%, respectively, the Japan Petrochemical Industry Association says...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Japan-produces-more-BTX-in-March-versus-February_69467.html
April 16, 2015
Styrene prices in Asia hit $1,410/m.t. CFR China Thursday, a level not seen since early November, IHS Chemical data shows, amid tight supply concerns and short-covering activity...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Asian-styrene-prices-hit-levels-not-seen-since-November-2014_69466.html
April 15, 2015
Braskem is reevaluating its planned Parkersburg, WV cracker, a joint venture with Odebrecht, to address uncertainties generated by the steep decline in crude oil pricing. Assuming it proceeds, startup would come after 2020, says Fernando Musa, CEO of Braskem America. “This is something that we will continue to pursue, and look for the right timing and moment to invest,” he adds....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Braskem-slows-Marcellus-cracker-considers-polypropylene-expansion_69458.html
April 15, 2015
Propylene stocks were unchanged in the United States during the week ended 10 April, according to data released today by the Energy Information Administration (EIA; Washington)...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/No-change-to-propylene-stocks-in-US-says-EIA_69455.html
April 15, 2015
Several of South Korea’s aromatics exports in March spiked on month-on-month and on year-on-year (YOY) bases, South Korea customs data show. The country transported about 478,849...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Several-of-South-Koreas-March-aromatics-exports-spike-on-month_69430.html
April 14, 2015
Lotte Chemical (Seoul) plans to adjust feedstocks at its steam crackers at Yeosu and Daesan, South Korea, at the end of April for about two to three months, a source close to the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Lotte-Chemical-to-change-feedstock-at-steam-crackers_69397.html
April 14, 2015
Yesterday, Celanese raised its prices for vinyl acetate monomer (VAM) by $60/m.t. in Asia outside of China. “This increase will be incremental to any previous increases that were...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_acetate/Celanese-raises-vinyl-acetate-monomer-prices-in-Asia_69395.html
April 14, 2015

Invista has launched P8, a new technology platform that reduces the cost of manufacturing purified terephthalic acid (PTA), a polyester precursor, by up to $40/m.t., says Invista.

...

http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Invista-launches-new-PTA-technology-platform_69414.html
April 14, 2015
Saudi Arabian Fertilizer Co. (Safco), a Sabic affiliate, today reported a decline in first quarter profits. Net profit was down 30.01% to 590 million Saudi riyals ($157.3 million)...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Safco-reports-decline-in-first-quarter-profits_69409.html
April 13, 2015
Mitsubishi Gas Chemical (MGC), Mitsubishi Corp. (MC), and Mitsubishi Heavy Industries (MHI) announced today that they have signed an agreement with state-owned National Gas Company of...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Mitsubishi-Gas-Chemical-and-partners-finalize-$1-billion-methanol-and-DME-investment-in-Trinidad_69354.html
April 13, 2015
Repsol's sales of polyolefins in Europe grew by more than 20% during the first quarter compared with the same period of 2014, the company says. Sales' volume rose as a result of recent...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Repsol-grows-polyolefin-sales-in-Europe-completes-downsizing-Puertollano-cracker_69368.html
April 13, 2015
Petronas Chemicals said today that its previously announced Sabah Ammonia Urea (Samur) project at Sipitang, Sabah State, Malaysia, is about 90% complete and on track for completion in...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Petronas-confirms-ammonia-urea-complex-onstream-in-2016_69367.html
April 13, 2015
Russian fertilizer major Acron (Velikiy Novgorod) today reported a 10% increase in 2014 revenue, to 74.6 billion Russian rubles ($1.94 billion), compared with 2013. Ebitda was up...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Acron-reports-lower-full-year-profit-on-higher-revenue-gives-update-on-potash-phosphate-projects_69363.html
April 13, 2015
The Directorate General of Anti-Dumping & Allied Duties (DGAD; New Dehli) has recommended levying antidumping duties on purified terephthalic acid (PTA) imports by India from South...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/India-recommends-antidumping-tariffs-on-PTA-from-South-Korea-and-Thailand_69359.html
April 10, 2015
Total Petrochemicals & Refining USA (Houston) has filed environmental permit applications with the Texas Commission on Environmental Quality and the U.S. Army Corp. of Engineers to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Total-Petrochemicals-files-for-permits-to-build-ethane-cracker-on-US-Gulf-Coast_69233.html
April 10, 2015
Uralkali (Berezniki, Russia), one of the world’s largest potash producers, announced today that its wholly owned subsidiary Uralkali Trading has agreed on potash deliveries to...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Uralkali-agrees-on-potash-shipments-to-China-in-2015_69337.html
April 10, 2015
The EuroChem Group (Zug, Switzerland), one of the largest global fertilizer players; Maire Tecnimont; and SACE today announced the signing of a memorandum of understanding (MOU) to...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/EuroChem-signs-MOU-to-build-five-ammonia-urea-complexes-in-three-countries_69332.html
April 10, 2015
China is likely to be the leading destination for South Korea's benzene exports for the fourth month running in April, data obtained by IHS Chemical show. Over 1–9 April...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/China-likely-top-destination-for-South-Koreas-benzene-exports-in-early-April_69321.html
April 9, 2015
Shell Chemicals has completed an upgrade of its Singapore ethylene cracker complex (ECC), thereby boosting its production capacity by 20%, it says today. "Upgrading the ethylene...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Shell-completes-Singapore-cracker-upgrade_69114.html
April 9, 2015
Wildhorse Energy (Perth, Australia) has agreed to acquire Australia Salt Lake Potash (ASLP; Thornleigh), which has two large, salt-lake brine projects in Western Australia State...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Wildhorse-Energy-to-acquire-Australia-potash-exploration-firm_69300.html
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