IHS Chemical Week

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June 9, 2015
South Korea’s overall benzene exports over the first seven days of June totaled more than 32,000 m.t.—only about 14% of the 224,000 m.t. recorded in May—amid shut...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/South-Koreas-benzene-exports-over-first-week-of-June-only-14-percent-of-Mays-total_71059.html
June 8, 2015
ChevronPhillips Chemical's (CPChem) ethylene unit 22 at its Sweeny, TX, facility was returning to service this past weekend after being forced to shut down on 5 June, according to a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/CPChems-Sweeny-ethylene-unit-returning-to-service-after-short-lived-shutdown_71093.html
June 8, 2015
Sasol Chemicals’ $8.1-billion ethylene project at Lake Charles, LA, continues to move forward. Kansas City Southern Railway (KCSR) announced Monday that it has agreed to build a storage-in-transit rail yard to support the project. KCSR will also replace and expand its existing railcar classification yard at Mossville, LA. Sasol will lease the yard long term....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sasol-signs-agreement-for-rail-service-to-Lake-Charles-ethylene-project_71072.html
June 8, 2015
The United States imported a net total of 214,000 m.t. of benzene in April, based on data made available by Global Trade Information Services (GTIS). The top three exporters of benzene...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Benzene-imports-by-US-back-up-in-April_71078.html
June 8, 2015
Petrovietnam Fertilizer & Chemicals (Hanoi) on Sunday signed an engineering, procurement, and construction contract with a consortium of Technip, ThyssenKrupp Industrial...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PetroVietnam-signs-EPC-contract-for-Phu-My-ammonia-revamp-new-NPK-complex_71060.html
June 8, 2015
ExxonMobil has completed a scheduled maintenance program for its Singapore chemical plant, a company spokesman told IHS Chemical today. “We can confirm that normal...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/ExxonMobil-completes-turnaround-of-Singapore-chemical-plant_71052.html
June 5, 2015
A decline in operating rates for toluene disproportionation units and selective toluene disproportionation units (STDP) units this summer is expected to result in reduced aromatics...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Lower-toluene-disproportionation-rates-expected-to-reduce-US-aromatics-capacity_71041.html
June 5, 2015
The toluene and mixed xylene (MX) markets in the United States have featured higher prices and increased demand this week coming from gasoline blenders on the back of tight reformate...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/mixedxylenes/Toluene-mixed-xylene-markets-stronger-in-US-this-week-on-tight-reformate-supply_71040.html
June 5, 2015
Shell Chemicals expects that product from the company's Moerdijk, Netherlands 940,000-m.t./year steam cracker will be available from mid-July, the company confirmed today. “We...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Shell-expects-output-from-Moerdijk-cracker-to-be-available-from-mid-July_71034.html
June 5, 2015
Canexus (Calgary, AB) says it has agreed to sell its North American Terminal Operations (NATO) in Bruderheim, AB, to Cenovus Energy for $75 million, which Canexus will use to pay down bank debt. The company expects to close the deal on 31 August....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Canexus-sells-North-American-Terminal-Ops-to-Cenovus-Energy-for-$75-million_71022.html
June 5, 2015
The Dangote Group (Lagos), one of the most diversified business conglomerates in Africa, is planning to build a $4-billion petrochemical complex at Lekki, near Lagos, CW has learned...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Dangote-to-build-world-scale-cracker-polyolefin-plants-in-Nigeria_71030.html
June 5, 2015
Styrindo Mono Indonesia (SMI; Jakarta) declared force majeure on styrene production from its plant at Merak, Indonesia, a source close to the company says today. The plant houses a no...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrindo-Mono-Indonesia-declares-force-majeure-on-styrene-production_71027.html
June 5, 2015
Poland’s leading chemicals producer Grupa Azoty (Tarnów) has outlined an investment plan through 2021 for its Puławy-based subsidiary, which makes fertilizers and...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Grupa-Azoty-outlines-investment-plans-for-Puawy-_71028.html
June 4, 2015
Williams Partners' now plans to restart ethylene production at its Geismar, LA olefins plant this weekend, according to a source close to the company. The restart was expected on...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Williams-to-restart-Geismar-ethylene-production-this-weekend-sources-say_71021.html
June 4, 2015
BASF has applied for permits authorizing the construction of its 475,000-m.t./year methane-to-propylene project at Freeport, TX. In a notice issued on 2 June, the Texas Commission on Environmental Quality (TCEQ) said it had received the applications on 14 May. BASF announced selection of the Freeport site in March, and the company expects to make a final investment decision in 2016....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/BASF-submits-Freeport-TX-propylene-project-to-TCEQ_71008.html
June 4, 2015
Europe's June styrene customer reference price has been agreed on at €1,398/m.t. cif Amsterdam-Rotterdam-Antwerp, a rollover against the May agreement. It follows the settlement...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Europes-June-styrene-customer-reference-price-rolls-over-at-&euro1398_71006.html
June 3, 2015
JX Nippon Oil & Energy (Tokyo) is operating one of its two para-xylene (p-xylene) production units at Kashima, following a fire which occurred on 29 May at a refinery on the site...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/JX-Nippon-runs-one-of-two-p-xylene-plants-at-Kashima-after-fire_70994.html
June 3, 2015
Propylene stocks were mixed in the United States during the final week of May, according to data released by the Energy Information Administration (EIA) today. Propane/propylene stocks...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Propylene-stock-movements-mixed-in-US-during-final-week-of-May_70980.html
June 3, 2015
Westlake Chemical Partners (WLKP) says regulations proposed last month by the IRS would unfairly affect its shareholders and those of Westlake Chemical (WLK) by reversing a private-letter ruling (PLR) that the master limited partnership (MLP) would be eligible for key federal tax benefits....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Westlake-says-proposed-MLP-regulations-unfair-to-shareholders_70978.html
June 3, 2015
Delegates to this year’s IHS Chemical polyethylene-polypropylene global technology and business forum, currently taking place in Zurich, were told that the polyethylene (PE) and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/PEPP-2015-Tightness-in-Europe-will-ease-North-American-PE-supplies-will-increase_70975.html
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