IHS Chemical Week

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May 15, 2015
South Korea’s April exports of benzene and mixed xylenes showed month-on-month increases while falls were seen in shipments of para-xylene (p-xylene), styrene, and toluene...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/South-Koreas-April-exports-of-benzene-mixed-xylenes-post-16-19-percent-on-month-rise_70424.html
May 14, 2015
The styrene-over-benzene spread in Europe has jumped almost to $550/m.t., a gain of about $120/m.t. on the week, as benzene and styrene spot prices have been pulled in opposite...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Styrene-benzene-spread-approaches-$550-in-Europe-as-production-issues-emerge_70414.html
May 14, 2015
Azerbaijan Methanol Co. (Azmeco) has announced plans to raise $1 billion through the issue of bonds in London. Highgrove Securities (London), Azmeco's financial advisor, says that...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Azerbaijan-methanol-producer-plans-$1-billion-bond-issue_70413.html
May 14, 2015
Grupa Azoty (Tarnów, Poland) says that it has selected UOP to provide technology for a previously announced propane dehydrogenation project at Police, Poland. The agreement also...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Grupa-Azoty-selects-UOP-technology-for-propane-dehydro-project_70411.html
May 14, 2015
PhosAgro (Moscow) announced on Thursday that it has increased fertilizer production and sales in the first quarter. Total fertilizer production and sales increased year-on-year (YOY)...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PhosAgro-increases-fertilizer-output-and-sales-in-first-quarter_70412.html
May 14, 2015
Styrene spot prices have spiked in Asia for a second day running today, over news of unexpected outages at styrene plants in the Mideast and lower styrene inventory in China, despite...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrene-spot-prices-spike-in-Asia-on-plant-outages-in-Mideast_70401.html
May 14, 2015
Yeochun NCC (YNCC; Seoul) shut its No. 1 naphtha cracker at Yeocheon, South Korea today for 30–40 days of planned maintenance, a source close to the company says. YNCC yesterday...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Yeochun-NCC-shuts-No-1-cracker-for-planned-maintenance_70399.html
May 14, 2015
Celanese will raise offers for vinyl acetate monomer (VAM) in China, Europe, and the Mideast on 1 June, the company says. Asian prices will go up $30/m.t., and European and Mideast...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Celanese-to-raise-VAM-prices-in-China-Europe-Mideast_70394.html
May 13, 2015
UOP, a Honeywell company, announced on Wednesday that Dangote Oil Refining Co., has selected its technology for a world-scale integrated refinery and petrochemical plant to be built at...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/UOP-to-provide-technology-for-refinery-and-petrochemicals-complex-in-Nigeria_70393.html
May 13, 2015
Propylene stocks were flat in the United States during the week ended 8 May, according to data released by the Energy Information Administration today. Non-fuel use propylene stocks...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Propylene-inventories-stable-in-United-States_70378.html
May 13, 2015
The May para-xylene (p-xylene) contract has settled in Europe at €880/m.t., an increase of €80/m.t. from the April settlement of €800/m.t.  Negotiations for the May...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Europes-May-p-xylene-contract-settles-higher_70377.html
May 13, 2015
Spot benzene prices sank in Asia today, putting benzene at a discount to toluene spot price levels, IHS Chemical data show. Spot activity took off as a deal for a toluene parcel...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Asia-spot-benzene-prices-fall-and-trade-at-discount-to-toluene_70369.html
May 13, 2015
Overall styrene inventories at eastern China’s ports sank to about 64,000 m.t. this week, a 29% slide from about 90,000 m.t. last week, data obtained by IHS Chemical show. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrene-stocks-fall-in-eastern-China_70366.html
May 13, 2015
Pars Petrochemical (Assaluyeh, Iran) plans to restart its styrene plant at Assaluyeh on 24–25 May after it was unexpectedly shut down due to a undisclosed mechanical fault, a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Pars-Petrochemical-aims-to-restart-styrene-plant-this-month_70357.html
May 13, 2015
South Korea’s benzene exports during the first half of May totaled only about 28% of overall shipments for April, data obtained by IHS Chemical shows. Close to 78,000...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/South-Koreas-benzene-exports-during-first-half-May-hit-28-percent-of-Aprils-total_70358.html
May 12, 2015
Arab Potash Co. (APC; Amman) has signed sales contracts worth an estimated $170–190 million with its partners in India. The contracts cover APC supplying India with more...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Arab-Potash-to-supply-potash-to-India_70332.html
May 12, 2015
Flint Hills Resources said in a maintenance filing with state regulators yesterday that a high-pressure leak had been discovered in the steam cracker at the company's Port Arthur, TX...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Flint-Hills-to-idle-Port-Arthur-cracker-due-to-leak_70356.html
May 12, 2015
Boardwalk Pipeline Partners (Houston) said today that its Evangeline ethylene pipeline could be placed back into service as early as mid-June, should its recent tool runs and repairs...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Boardwalk-says-Evangeline-pipeline-may-be-back-in-service-by-mid-June_70341.html
May 12, 2015
Olefins and derivatives producer TVK (Tiszaújváros, Hungary) says it achieved sales in first-quarter 2015 of 88.9 billion forint ($325.4 million), down 12% year-on-year...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/TVK-sales-fall-on-lower-prices-but-profits-leap_70333.html
May 12, 2015
K+S Group (Kassel, Germany) reports a 40% increase in first-quarter adjusted net income from continuing operations, compared with the corresponding period of last year, to €198...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/K+S-beats-estimates-forecasts-higher-profit-sales_70342.html
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