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July 1, 2015
Euro Chlor (Brussels), the federation representing chlor-alkali producers in the European Union and European Free Trade Agreement, said on Wednesday that Dolf van Wijk has been...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Euro-Chlor-appoints-new-executive-director_71800.html
July 1, 2015
JX Nippon Oil & Energy (Tokyo) has settled the July Asia contract price for benzene at $825/m.t. cfr, up $85/m.t. from a finalized June price of $740/m.t., the company says...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/JX-Nippon-settles-July-Asia-contract-price-for-benzene-up-$85m-t-from-June_71792.html
July 1, 2015
US propylene stocks were mixed during the week that ended on 26 June, according to data released on Wednesday by the Energy Information Administration (EIA).  Propane/propylene...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/US-propylene-stocks-mixed-as-June-comes-to-an-end_71814.html
July 1, 2015
Tata Chemicals (Mumbai) is mulling the sale of its fertilizer business, according to various Indian media reports. It would be the first major restructuring to be announced following...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Reports-Tata-Chemicals-mulls-sale-of-fertilizer-business_71813.html
July 1, 2015
BASF has sold its 25% stake in the SolVin polyvinyl chloride (PVC) joint venture to its partner, Solvay. The deal closed today—financial details of the transaction have not been...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/BASF-exits-SolVin-PVC-JV-Solvay-Ineos-launch-Inovyn_71808.html
July 1, 2015
Evonik has commissioned production plants at Antwerp for C4-based products, on schedule, the company announced today. Meanwhile, at Marl, Germany, C4 capacities are also being...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Evonik-completes-butadiene-MTBE-expansions-at-Antwerp_71804.html
July 1, 2015
Europe's styrene barge contract price for July has settled at €1,325/m.t., a decrease of €85 from the June price of €1,410/m.t. This settlement follows the benzene...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Europe-styrene-barge-contract-price-for-July-settles-lower_71810.html
July 1, 2015
Borealis (Vienna) said on Wednesday that it will invest €160 million ($177.4 million) in its Stenungsund, Sweden site. The investment includes an upgrade and revamp of four of the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Borealis-invests-in-Sweden-cracker-will-close-two-old-furnaces_71806.html
June 30, 2015
North America's styrene producers have this month been trying to lock in margins by selling material for forward months because of strong styrene spot prices and relatively low benzene...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/North-Americas-styrene-producers-seek-to-lock-in-margins-through-August_71778.html
June 30, 2015
The US July benzene contract settled higher today as expected, following the year-to-date spot-price highs seen last week that came on the back of heavy producer interest due to recent...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/US-July-benzene-contract-up-as-expected-following-spot-highs_71779.html
June 30, 2015
Sirius Minerals (London) has won final planning permission for its $3 billion York Potash project near Whitby in the north of England, four years after the plan was first revealed. The...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Sirius-wins-final-planning-permission-for-controversial-UK-potash-project_71780.html
June 30, 2015
Uralkali (Berezniki, Russia), one of the world’s largest producers of potash, on Monday reported significantly lower first-quarter production and revenues. Net revenue was down...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Uralkali-reports-lower-revenues-launches-major-investment-plan-to-keep-market-share_71741.html
June 30, 2015
The benzene contract price for July has settled in Europe at $882/m.t., up about $112 on June's price. June prices have averaged $835–849/m.t. cif Amsterdam-Rotterdam-Antwerp...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Europe-July-benzene-contract-settles-up-$112_71768.html
June 30, 2015
Prompt benzene spot prices were down in the United States on 29 June, but market participants expect the July benzene contract to settle higher. The July benzene contract settlement is...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/US-benzene-contract-expected-to-firm-despite-spot-market-declines_71727.html
June 29, 2015
Saudi Arabian Fertilizer Co. (Safco), a Sabic affiliate, on Monday said that its mechanically completed, world-scale urea plant is still undergoing trial runs. As a result, the company...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Safco-again-delays-commissioning-of-urea-plant_71739.html
June 29, 2015
Cepsa (Madrid) has lifted the force majeure on phenol and acetone supplies from the company's Huelva, Spain, site, the company confirmed Monday. The force majeure was originally...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetone/Cepsa-lifts-force-majeure-on-phenol-acetone-at-Huelva-Spain_71725.html
June 29, 2015
Synthesis Energy Systems (SES; Houston) says it has partnered with two Chinese companies to repurpose and expand its Zao Zhuang New Gas (ZZ) facility at Zao Zhuang, China, to include capacity for the production of 100,000 m.t./year of acetic acid and 10,000 m.t./year of propionic acid....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Synthesis-Energy-Systems-partners-for-project-to-make-acetic-propionic-acid-at-China-plant_71728.html
June 29, 2015
BASF will lift its force majeure on ethylene oxide (EO) in Europe as of 1 July, the company has announced. BASF declared force majeure on the supply of EO in Europe on 19 May, as...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_oxide/BASF-to-lift-force-majeure-on-EO-and-derivatives-in-July_71723.html
June 29, 2015
Trammo Group (New York), a leading fertilizer trader; and KuibyshevAzot (Togliatti, Russia) have signed an agreement to form an equally owned joint venture to produce granular ammonium...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Trammo-and-KuibyshevAzot-set-up-ammonium-sulfate-production-joint-venture_71722.html
June 29, 2015
CF Industries (Deerfield, IL) has sold its stake in Keytrade (Zurich), a worldwide fertilizer trader, to the company’s principals. Financial terms were not disclosed....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/CF-Industries-divests-stake-in-Keytrade_71710.html
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