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June 13, 2014
C3 Petrochemicals, an affiliate of Ascend Performance Materials, has received a final greenhouse gas Prevention of Significant Deterioration construction permit for its Alvin, TX, propane dehydrogenation project, according to an EPA statement....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/EPA-approves-construction-of-Ascends-1-million-m-t-year-Texas-PDH-plant_61804.html
June 13, 2014
EPA and the Louisiana Department of Environmental Quality have granted air permits allowing G2X Energy (Houston) to begin construction of a gas-to-liquids plant at Lake Charles, LA, the company says. The facility will have capacity to produce 12,500 bbl/day of gasoline, methanol, or both....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/G2X-receives-permits-for-Lake-Charles-gas-to-liquids-project_61752.html
June 12, 2014
Trinseo, formerly Styron, shares today began trading on the New York Stock Exchange (NYSE) under the symbol “TSE,” at $19/share. The company announced earlier this month...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Trinseo-prices-shares-at-$19-begins-trading_61722.html
June 12, 2014
TPC Group, North America's leading producer of butene and butadiene, and UOP today announced the they have entered into an agreement for UOP to be the exclusive licensor of the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/TPC-and-UOP-link-in-on-purpose-butadiene-technology-licensing_61720.html
June 11, 2014
Oxea says that “technical issues” arose at the end of a major scheduled maintenance turnaround at its Bay City, TX, facility. Although all units are back in operation, inventories of oxo products and esters “are extremely low throughout the supply chain,” the company stated in a press release issued on 11 June....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/oxoalcohols/Oxea-reports-temporary-service-disruption-at-Bay-City-TX-intermediates-facility_61701.html
June 11, 2014
Refiner and petrochemicals producer IRPC (Bangkok), formerly Thai Petrochemical Industry, said today that a fire at its vacuum gas oil hydrotreating unit (VGO/HT), which provides...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Fire-halts-production-at-petchem-complex-in-Thailand_61645.html
June 11, 2014
Nexeo Solutions’ recently acquired sales subsidiary Archway Sales has agreed to represent Dow Corning’s silicone, silane, and additive lines throughout the contiguous...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Dow-Corning-Nexeo-Solutions-partner-for-silicone-sales_61681.html
June 11, 2014
TransGas Development Systems (New York) is planning to invest $2.7 billion for the development of a coal-gasification plant for the production of fertilizers in the state of Santa...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/TransGas-invests-$2-7-billion-to-build-coal-gasification-plant-in-Brazil-for-fertilizers_61674.html
June 11, 2014
Russian fertilizer producer Acron (Velikii Novgorod), through its Norica Holding subsidiary, has raised its stake in Grupa Azoty (Tarnów), the major chemicals player in Poland...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Acron-raises-stake-in-Polish-chemicals-major-Grupa-Azoty_61675.html
June 10, 2014
Eastman Chemical has made “significant progress” toward restoring operations at its Kingsport, TN, facility after a widespread power outage forced an unplanned shutdown on 4 June, the company says. With the possible exception of butyl acetate, the shutdown is unlikely to have much impact on the delivery of acetyl products, according to IHS Chemical....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Eastman-restoring-operations-at-Kingsport-limited-impact-on-acetyls-says-IHS_61653.html
June 10, 2014
Upgrading work at Petróleos Mexicanos's (Pemex; Mexico City) urea plant at Pajaritos, Mexico, has started, Pemex says. The work will boost the plant's urea production capacity...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Pemex-starts-upgrade-of-urea-plant_61644.html
June 10, 2014
Sibur (Moscow), Russia’s largest petrochemicals producer, today reported a 263% increase in first-quarter profit, to 56.8 billion Russian rubles ($1.65 billion), on 21% higher...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sibur-reports-big-increase-in-first-quarter-results-new-PP-plant-contributes_61641.html
June 9, 2014
The 11th International Petrochemical Forum (IPC), a two-day event that began at Tehran on Saturday, attracted 50 foreign and 330 Iranian companies, local news agencies report. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Iran-to-double-petrochemical-capacity-say-officials-at-industry-conference_61615.html
June 9, 2014
Sasol and Ineos have committed to a 50-50 joint venture to produce bimodal high-density polyethylene (HDPE) at Ineos’s Battleground Manufacturing Complex in LaPorte, TX. The jv will construct a 470,000-m.t./year HDPE plant, which is expected to begin operation in 2016....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sasol-and-Ineos-go-forward-on-Texas-HDPE-joint-venture_61626.html
June 9, 2014
GlyEco (Phoenix) has begun servicing its polyester by-products supply agreement with an unspecified, large, multinational polyester fiber producer, the company announced today...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_glycol/GlyEco-servicing-by-products-supply-agreement-with-polyester-fiber-multinational_61622.html
June 9, 2014
The Ministry of Commerce (Mofcom; Beijing) has extended China’s antidumping measures for acetone imported from Japan, Singapore, South Korea, and Taiwan for a further five years...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetone/China-extends-antidumping-measures-on-acetone-from-Japan-Singapore-South-Korea-and-Taiwan_61617.html
June 6, 2014
Trinseo, formerly Styron, today launched an initial public offering, aiming to raise $170–190 million through the sale of 10 million common shares. The company has also applied...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Trinseo-launches-$180-million-IPO_61481.html
June 5, 2014
The explosion that occurred in the evening of 3 June at Shell Chemicals' Moerdijk, Netherlands, site has caused styrene prices to rise and is expected to result in more balanced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Moerdijk-explosion-drives-up-styrene-spot-prices-in-Europe_61583.html
June 5, 2014
The Competition Tribunal of South Africa today imposed a combined 534-million South African rand ($49.9 million) penalty for excessive pricing of propylene and polypropylene...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/South-Africa-penalizes-Sasol-$50-million-for-overcharging-for-propylene-PP_61578.html
June 4, 2014
Bowleven (Edinburgh, UK), an Africa-focused oil and gas exploration group, has announced that an important milestone has been reached in the exploitation of the Etinde gasfield...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Cameroon-reaches-important-milestone-in-fertilizer-and-LNG-projects_61550.html
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