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January 7, 2015
Europe's toluene contract price for January has been settled at a more than five-and-a-half year low as aromatics markets continue to adjust to a changed upstream environment...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/toluene/Europes-January-toluene-contract-settled-at-five-year-low_66618.html
January 7, 2015
Jacobs Engineering says that it has received a contract for basic and detailed engineering services to upgrade BP's purified terephthalic acid (PTA) production facilities at Geel...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Jacobs-awarded-contract-to-upgrade-BPs-PTA-plants-in-Belgium_66612.html
January 7, 2015
Formosa Petrochemical Corp. (FPC) plans to shut its No. 1 cracker at Mailiao, Taiwan, over June and July to carry out a scheduled maintenance program, a source close to the company...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Formosa-Petrochemical-plans-mid-2015-turnaround-at-No-1-cracker_66610.html
January 6, 2015
Benzene contracts for January were settled in the United States last week at $2.20/gal ($658/m.t.), a steep, 35% decline from December’s $3.37/gal and the lowest value in more than five years, according to data from IHS Chemical....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Benzene-contracts-settle-in-US-at-five-year-low_66579.html
January 6, 2015
The European Commission says that Slovakia’s intention to provide Duslo (Sal'a, Slovakia) with aid to the value of €58.0 million ($69.1 million) to modernize an ammonia...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/European-Commission-approves-Slovakia-plan-for-$69-million-in-aid-to-modernize-ammonia-plant_66574.html
January 6, 2015
Yeochun NCC (YNCC; Seoul) has been feeding 10% liquefied petroleum gas (LPG) into the company's No. 1 naphtha cracker at Yeosu, South Korea, since 1 January, a source close to the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Yeochun-NCCs-No-1-cracker-starts-using-10-percent-LPG_66570.html
January 5, 2015
An arbitrage on benzene, which had opened up between the United States and Europe during the holiday period, closed rapidly today as traders returned to the market in bearish mood...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/US-Europe-benzene-arbitrage-window-shuts_66554.html
January 5, 2015
National Petrochemical Industrial Co. (NatPet; Yanbu, Saudi Arabia) will shut its propylene and polypropylene (PP) complex at Yanbu on 25 January for scheduled maintenance, the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/NatPet-to-shut-PP-complex-this-month-for-maintenance_66529.html
January 1, 2015
Cristal, the titanium dioxide (TiO2) subsidiary of the National Industrialization Co. (Tasnee), has announced that it will begin commercial production of titanium slag at its new...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/titanium_dioxide/Cristals-titanium-dioxide-raw-material-unit-to-begin-production-in-the-second-quarter_66528.html
December 31, 2014
Agrium announced today that it has restarted potash production at its Vanscoy, SK, facility after completing a major turnaround to tie in its 1.0-million m.t./year expansion project...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Agrium-restarts-potash-production-at-Vanscoy_66517.html
December 31, 2014
Asian aromatics prices have lost much of their value in 2014, falling toward the end of December to about half of their levels one year ago, IHS Chemical data show. Prices have fallen...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Aromatics-prices-have-fallen-by-half-in-Asia-during-2014_66509.html
December 30, 2014
Versalis, the chemicals subsidiary of ENI (Rome), says that it has signed a firm agreement for the previously announced divestment of some of the company's petrochemical production...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Versalis-signs-agreement-to-divest-petchem-assets-at-Sarroch-to-refining-firm_66495.html
December 30, 2014
Formosa Petrochemical Corp. (FPC) plans to cut production runs at its three steam crackers at Mailiao, Taiwan, by 10% at the beginning of January, a source close to the company said...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Formosa-Petrochemical-to-cut-cracker-runs-by-10-percent-from-January_66490.html
December 29, 2014
Reliance Industries says that it has scheduled a planned turnaround at its Nagothane, India, manufacturing site. The cracker and some of the downstream units will be shut for...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Reliance-plans-four-week-turnaround-of-Nagothane-cracker_66470.html
December 29, 2014
Lotte Chemical (Seoul) plans to shut its Daesan, South Korea, steam cracker between October 2015 and November 2015 for regular maintenance, a source close to the company said today...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Lotte-Chemical-to-shut-Daesan-cracker-in-October-2015-for-maintenance_66472.html
December 29, 2014
Saudi Arabian Fertilizer Co. (Safco) began trial operations at the company's new urea plant at Jubail, Saudi Arabia on 25 December, the company said on the same day. The trial...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Safco-begins-three-month-trial-operations-at-urea-plant_66467.html
December 24, 2014
Rashtriya Chemicals and Fertilizers (RCF; Mumbai) said today that it has signed two joint venture agreements with Gail India, Coal India, and Fertilizers Corporation of India to set up...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Indian-firms-sign-joint-venture-agreements-to-build-large-coal-based-fertilizer-complex_66457.html
December 24, 2014
Mosaic, a major producer of phosphate and potash fertilizers, is planning to expand its ammonia plant in Louisiana. The company awarded KBR the license and engineering contracts to...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Mosaic-plans-ammonia-plant-expansion-in-Louisiana_66443.html
December 24, 2014
A Moscow court has issued a warrant in absentia for the arrest of Sergei Makhlai, chairman of the board of nitrogen fertilizer producer TogliattiAzot (Togliatti, Russia). He is charged...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Russian-court-issues-arrest-warrant-for-US-resident-fertilizer-businessman_66445.html
December 23, 2014
Jurong Aromatics Corp. (JAC, Singapore) has shut its petrochemical plant on Jurong Island, Singapore, about 22 December for maintenance and modification, the company said Tuesday. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Jurong-Aromatics-shuts-plant-for-maintenance-work_66411.html
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