IHS Chemical Week

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April 22, 2015
Today, China began reviewing its antidumping duties on nylon-6 imports from the European Union, Russia, Taiwan, and the United States, the Ministry of Commerce (Mofcom; Beijing) says...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/China-starts-reviewing-dumping-duties-on-nylon-6-from-EU-Russia-Taiwan-and-US_69655.html
April 22, 2015
Sanmar Group (Chennai, India) will invest $350 million to expand its chemical facility at Port Said, Egypt, the Egyptian embassy in New Delhi says. Plans include a doubling of...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Sanmar-to-double-PVC-capacity-in-Egypt_69600.html
April 22, 2015
Styrene inventories at eastern China’s ports stood at about 76,000 m.t. this week, down about 7,200 m.t., or 8.6%, from last week, data obtained by IHS Chemical shows...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrene-stocks-in-eastern-China-fall-9-percent-on-week-amid-short-covering_69664.html
April 21, 2015
The global surplus of light naphtha could increase by as much as 14 million m.t./year over the next five years, according to a study released today, “The IHS Energy and IHS Chemical Light and Heavy Naphtha International Market Review.” Although demand for light naphtha will continue to expand, supply will grow faster, propelled by booming tight oil production in the United States, which will become the world’s largest exporter of light naphtha by 2020, says IHS....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Global-light-naphtha-surplus-could-increase-by-14-million-m-t-by-2020-IHS_69652.html
April 21, 2015
DuPont today reported net income down 28% year-on-year (YOY), to $1.03 billion, on net sales down 9%, to $9.17 billion. Operating earnings totaled $1.34/share, beating analysts’...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/titanium_dioxide/DuPont-earnings-fall-on-currency-impacts-but-beat-estimates_69641.html
April 21, 2015
Celanese will raise offers for vinyl acetate ethylene (VAE) in China and, separately, the rest of Asia on 24 April, the company says. Asian prices will be increased $55/m.t., while...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_acetate/Celanese-to-raise-VAE-offers-in-China-rest-of-Asia_69623.html
April 21, 2015
Uralkali (Berezniki, Russia) has signed a $530-million loan agreement with eight international banks. The loan facility will be used for general corporate purposes and to refinance...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Uralkali-signs-$530-million-four-year-loan-agreement_69638.html
April 21, 2015
Mohammad Hassan Peyvandi, deputy managing director of the National Petrochemical Co., (NPC; Tehran), has told reporters that Indian companies have proposed building an ammonia-urea...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Iran-confirms-Indian-interest-in-building-urea-plant_69631.html
April 21, 2015
Sabic has preliminarily agreed with an unidentified US supplier to import shale gas for its Wilton, UK, steam cracker for the next 10 years. The company announced in August last year...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sabic-proceeds-with-plans-to-import-US-ethane-feedstock-for-UK-cracker_69629.html
April 21, 2015
India has levied antidumping duties on acetone from Taiwan and Saudi Arabia for five years, the Ministry of Finance (New Delhi) says. Depending on factors, tariffs of $86.10/m.t....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetone/India-slaps-dumping-duties-on-acetone-from-Taiwan-and-Saudi-Arabia-for-5-years_69628.html
April 21, 2015
India has extended antidumping duties on phenol imports from Japan and Thailand by one year, the Ministry of Finance (New Delhi) says. The tariffs will remain in force until 18 April...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/phenol/India-extends-dumping-duties-on-phenol-from-Japan-and-Thailand-by-one-year_69627.html
April 21, 2015
An explosion occurred this morning at an ethylene glycol (EG) unit operated by Sinopec Yangzi at Nanjing, Jiangsu Province, China, a Sinopec Corp. spokesman confirmed today. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_glycol/Sinopec-confirms-morning-blast-at-Yangzi-ethylene-glycol-unit_69621.html
April 20, 2015
Yara International (Oslo) said today that, because of the worsening security outlook in Libya, the operating ability of its Lifeco joint venture plants are highly likely to keep...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Yara-writes-down-Lifeco-investment-in-Libya_69601.html
April 20, 2015
A recent spike in styrene prices in Asia is pressuring derivative producers to raise prices as their margins narrow amid short covering, tight supply, and concerns over lower stocks...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Asia-styrene-derivative-prices-track-feedstock-price-hikes_69592.html
April 20, 2015
Aecon Group (Toronto) has been awarded a contract by K+S (Kassel, Germany) for additional work on K+S's Legacy potash mining project in Saskatchewan. Work will begin in the second...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/K+S-awards-additional-contract-for-potash-project-in-Canada_69605.html
April 20, 2015
Harvest Minerals (Subiaco, Australia) has acquired the Sergi potash project, near Vales in the state of Sergipe, Brazil. Harvest Minerals has entered into a binding agreement with...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Australia-fertilizer-developer-acquires-Brazil-potash-project_69604.html
April 17, 2015
National Petrochemical Company (NPC; Tehran) expects to start up a second 1 million m.t./year ethylene plant at the Kavian petrochemical complex in Assaluyeh, Iran, by September, according to a local news report....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/NPC-aims-to-start-up-second-Kavian-cracker-by-September-report_69582.html
April 17, 2015
The US Dept. of Commerce on 14 April issued a preliminary determination that China and the Caribbean nation of Trinidad and Tobago have been subsidizing melamine imported to the United States, and that the imports can therefore be subjected to countervailing duties. Commerce says it will announce a final determination in late August....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Commerce-proposes-countervailing-duties-for-melamine-from-China-Trinidad-and-Tobago_69581.html
April 17, 2015
The first shipments of an anticipated wave of styrene imports have started to arrive in Europe. This week, imports totaling approximately 15,000 m.t. arrived there from the United...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Wave-of-styrene-imports-starts-to-arrive-in-Europe-from-US_69568.html
April 17, 2015
South Korea exported about 128,000 m.t. of benzene during 1–16 April, about 54% of the 236,744 m.t. transported for the whole of March, data obtained by IHS Chemical show. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/South-Koreas-first-half-April-benzene-exports-reach-54-percent-of-March-total_69550.html
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