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April 7, 2015
Oil and gas company MOL (Budapest) says that it has become 100% owner of olefins and derivatives producer TVK (Tiszaújváros, Hungary). MOL increased its stake in TVK...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Hungarys-MOL-becomes-sole-owner-of-TVK_69262.html
April 7, 2015
Uralkali (Berezniki, Russia), one of the world’s largest potash producers, today announced its production results for January–March. The company produced 2.70 million m.t...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Uralkali-reports-fall-in-first-quarter-output-may-review-this-years-targets_69264.html
April 7, 2015
Arab Potash Co. (APC; Amman) and a Sinochem (Beijing) subsidiary have agreed for APC to supply 600,000 m.t. of potash to China during 2015. The price of the deliveries has not been...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Arab-Potash-signs-supply-agreement-with-China_69249.html
April 7, 2015
Highfield Resources (Pamplona, Spain) has completed a definitive feasibility study for the company's previously announced Muga potash project in nothern Spain. The study shows that the...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Highfield-prepares-to-start-construction-on-potash-mine-in-Spain-following-feasibility-study_69266.html
April 7, 2015
Lukoil (Moscow) says that production of ethylene and propylene at its Stavrolen petrochemical complex at Budyennovsk, Russia, resumed today. The complex was damaged by fire on 26...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Lukoil-resumes-producing-ethylene-at-Stavrolen-subsidiary_69248.html
April 7, 2015
Uralkali (Berezniki, Russia) has obtained a license to extract magnesium salts—carnallite rock—in the western part of the Novo-Solikamsk Block of the Verkhnekamskoye...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Uralkali-obtains-license-to-extract-carnallite-rock-from-Russian-deposit_69246.html
April 6, 2015
A para-xylene plant in Zhangzhou, Fujian Province, China, has exploded for the second time in two years, according to local reports, which say the blast occurred at about 7 p.m. local time on 6 April. Raw video of the facility, owned by Dragon Aromatics, shows a massive fire. According to the South China Morning Post, 78 vehicles and 430 firefighters were sent to the scene....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Reports-Explosion-rocks-Dragon-Aromatics-p-xylene-plant-in-Zhangzhou-China_69218.html
April 6, 2015
Gulf Petrochemical Industries Co.'s (GPIC; Manama, Bahrain) production increased 4% in the first quarter despite declines in oil and gas prices, the company says.   GPIC produced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/GPIC-says-first-quarter-output-grows-4-percent-YOY_69156.html
April 6, 2015
The US April benzene contract moved higher in a split settlement  Thursday, following the recent increase in spot prices over the previous month. The benzene supply/demand...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/US-April-benzene-contract-moves-up-for-second-consecutive-split-settlement_69152.html
April 6, 2015
Spot prices for styrene gained sharply amid strong demand in China and a turnaround season for several styrene plants in the region, IHS Chemical data show.   In February, the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Asian-styrene-prices-stay-firm-amid-strong-demand-and-turnaround-season_69159.html
April 4, 2015
PTT Global Chemical (PTTGC; Bangkok) said on Friday that it has rescheduled the shutdown of its olefins plant 1-4/1 at Map Ta Phut from August this year to 29 March 2015 to clean the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/PTT-Global-Chemical-brings-forward-turnaround-of-olefins-complex_69153.html
April 2, 2015
Propylene inventories in the United States showed no change for the week ended 27 March, according to data released by the Energy Information Administration. Domestic non-fuel use...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Propylene-stocks-stable-in-US-last-week_69111.html
April 2, 2015
Siluria (San Francisco) has started up a plant at La Porte, TX, to demonstrate its process for the manufacture of ethylene by the oxidative coupling of methane (OCM). The development represents the world’s first large-scale production of ethylene directly from natural gas via OCM, says Siluria. The company intends to commercialize the process in 2017-18....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Siluria-announces-start-up-of-methane-to-ethylene-demo-plant_69109.html
April 2, 2015
ExxonMobil says that the restart process is underway at the company's Beaumont, TX, petrochemical complex and that some equipment was back online on 1 April. The company confirmed...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/ExxonMobil-begins-restart-process-at-Beaumont-petchem-complex_69110.html
April 2, 2015
EuroChem Group (Zug, Switzerland), a leading global fertilizer producer, today announced the completion of its acquisition of OJSC Astrakhan Oil and Gas Co. (OJSC AOGC). EuroChem has...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/EuroChem-gains-further-integration-to-raw-material-with-acquisition-of-upstream-company_69126.html
April 1, 2015
Egyptian Ethylene and Derivatives Co. (Ethydco) plans to commission its $1.9 billion petrochemical complex at Alexandria by the end of this year, according to Sherif Ismail...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Egypt-to-commission-petchem-complex-end-of-this-year_68798.html
April 1, 2015
Oman Oil Refineries and Petroleum Industries Co. (Orpic; Muscat) has awarded a three-year technical services agreement contract to AMEC Foster Wheeler for the former’s Mina Al...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Orpic-award-3-year-services-contract-to-AMEC-Foster-Wheeler_68807.html
April 1, 2015
Kazakhstan Potash Corp. (KPC; Melbourne), a minerals exploration company listed on the Australian Stock Exchange and controlled by Chinese businessmen, announced today that its...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Kazakhstan-Potash-Corp-signs-EPC-agreement-with-Chinese-construction-company_69010.html
April 1, 2015
Saudi Arabian Mining Co. (Ma’aden) said today that it has restarted its ammonia plant at Ras Al Khair, Saudi Arabia. The plant, operated by Ma’aden Phosphate Co. (MPC), had...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Maaden-restarts-ammonia-plant_69088.html
April 1, 2015
Styrene inventories at eastern China’s ports were estimated to be about 154,000 m.t. this week, down about 12,000 m.t. from last week’s tally, data obtained by...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrene-stocks-in-eastern-China-slip-amid-higher-demand-turnarounds_69078.html
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