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December 17, 2014
Sinopec says that its Maoming olefins facility has increased its operating rates and is expected to produce a total of 1.14 million m.t. of ethylene during this year. Sinopec Maoming...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sinopec-ups-ethylene-production-at-Maoming-complex_66238.html
December 16, 2014
Israel Chemicals Ltd. (ICL; Tel Aviv) says it will invest up to $500.0 million for 50% ownership of a joint venture that will operate a fully integrated, world-scale phosphate business...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/ICL-forms-Chinese-phosphates-JV-with-Yunnan-Yuntianhua_66208.html
December 16, 2014
ICL Industrial Products, a segment of Israel Chemicals Ltd. (ICL; Tel Aviv), announced price increases of 5-10% for selected phosphorus-based registered-Fyrol flame retardants. The...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/phosphorous/ICL-raises-prices-of-phosphorus-based-flame-retardants_66209.html
December 16, 2014
Kazakhstan has received assurances that Chinese investors will pump $3.80 billion to develop potash deposits in Kazakhstan, according to investment and development minister of...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Kazakhstan-advances-plans-to-become-major-potash-player_66205.html
December 16, 2014
South Korea exported 126,232 m.t. of styrene in November, down 4.0%, from 131,765 m.t., in October, the latest Korea Customs Service data show. The fall mostly reflects a lack of...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/South-Koreas-November-styrene-exports-dip-4-0-percent-from-October_66199.html
December 15, 2014
Export Development Canada (EDC; Ottawa) is acting as lead arranger in a $3.30-billion dollar debt financing consortium to Socar Turkey Aegean Refinery (Star; Istanbul) project in...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/mixedxylenes/Canadas-export-credit-agency-lead-arranger-in-$3-30-billion-financing-for-Turkey-refinery-petchems-project_66180.html
December 15, 2014
US ethylene prices continue to fall despite production issues over the weekend at Chevron Phillips Chemical’s Sweeny complex in Old Ocean, TX; and Dow Chemical’s Freeport, TX, facility. According to IHS Chemical, ethylene was trading Monday morning at 39.5 cts/lb del US Gulf Coast, down from Friday’s notional value of 41–42 cts/lb...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/US-ethylene-declines-despite-production-issues-at-CPChem-and-Dow_66185.html
December 15, 2014
Cepsa (Madrid) declared force majeure on phenol and acetone production at its site in Huelva, Spain, a company source confirmed Monday. It was understood that customers would be put on...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetone/Cepsa-declares-force-majeure-on-phenol-at-Spanish-site_66184.html
December 15, 2014
LSB Industries (Oklahoma City) says its Cherokee, AL, facility will be off-line until late December for unplanned maintenance. The company expects to supply most of its customers’ demand for urea ammonium nitrate, ammonium nitrate solution, and ammonia from inventory....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/LSB-Industries-takes-Cherokee-AL-facility-off-line-for-unplanned-maintenance_66178.html
December 12, 2014
Olin plans to close permanently the portion of the company's Becancour, PQ, chlor-alkali facility that has been idle since late June, when an explosion occurred at the site. The...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Olin-to-close-part-of-its-Canada-chlor-alkali-production-site_66151.html
December 12, 2014
Brazil's antitrust authority, Cade, has unanimously approved, albeit with restrictions, Israel Chemicals Ltd. (ICL) acquiring Vale’s stake in Fosbrasil, a joint venture producing...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Brazils-antitrust-authority-approves-ICLs-acquisition-of-Vales-share-in-Fosbrasil_66153.html
December 12, 2014
LyondellBasell Industries has begun to ramp up operating rates at its Maasvlakte, Netherlands, propylene oxide–styrene monomer (POSM) unit today after a resolution for...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/LyondellBasell-lifts-force-majeure-on-benzene-at-Netherlands-site_66149.html
December 11, 2014

Chevron Phillips Chemical (CPChem; The Woodlands, TX) has completed the installation of a tenth furnace to ethylene unit 33 at its Sweeny complex in Old Ocean, TX. The company expects the new furnace to increase Sweeny’s ethylene production capacity by 90,000 m.t./year to a total of 1.95 million m.t./year.

...

http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Chevron-Phillips-completes-Sweeny-ethylene-expansion_66083.html
December 11, 2014
Indian mining company NMDC (Hyderabad) signed a memorandum of understanding (MOU) with Acron (Velikiy Novgorod, Russia) today to take a stake in a potash project in Russia. The deal...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Indian-firm-signs-MOU-to-take-stake-in-Russian-potash-project-during-presidents-visit_66079.html
December 11, 2014
Yeochun NCC (YNCC; Seoul) plans to start feeding up to 10% liquefied petroleum gas (LPG) into the company's No. 1 naphtha cracker at Yeosu, South Korea, from early January, a source...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Yeochun-NCC-plans-to-use-LPG-at-Korea-cracker-from-early-January_66074.html
December 11, 2014
Petróleos Mexicanos (Pemex) began upgrade works on the ammonia plant at the company's petrochemical site at Camargo in the state of Chihuahua, northwestern Mexico, this week...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Pemex-begins-upgrade-works-at-idle-ammonia-plant_66081.html
December 10, 2014
Benzene prices fell below $800/m.t. cif Amsterdam-Rotterdam-Antwerp (ARA) on 9 December, trading at $770-780/m.t., and benzene was notionally pegged at $740-765/m.t. today—the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Benzene-reaches-five-year-low-in-Europe-on-continued-crude-weakness-oversupply_66066.html
December 10, 2014
Sohar Port and Freezone (Sohar, Oman) has struck a deal with Oman International Petrochemical Industry Co. (Ompet; Muscat) for a facility that will manufacture purified terephthalic...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Ompet-reaches-agreement-for-PTA-PET-project-in-Oman_66020.html
December 10, 2014
Global Bioenergies has produced bio-sourced propylene via fermentation. The company says it has created a proprietary prototype strain that is able to convert glucose into...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Global-Bioenergies-succeeds-in-making-bio-sourced-propylene_65981.html
December 10, 2014
Poland has notified that European Chemicals Agency (ECHA; Helsinki) that it intends to submit an intention dossier on methanol to the Registry of Intentions (RoI). A previous intention...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanol-to-be-submitted-to-RoI-under-Reach_66036.html
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