IHS Chemical Week

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July 10, 2014
Urea and ammonia prices have not yet been impacted by production outages in Ukraine caused by disruptions to natural gas feedstock supplies from Russia, resulting from the ongoing...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/IHS-Chemical-Prolonged-disruption-to-Ukraines-ammonia-urea-production-likely-to-cause-higher-prices_62398.html
July 10, 2014
Dow Chemical has declared force majeure (FM) on vinyl acetate monomer (VAM) produced at Texas City, TX, where the company’s 365,000-m.t./year VAM plant remains offline following a planned maintenance turnaround, says a company source. The company will issue a letter to customers by 3 July, the source says....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_acetate/Dow-declares-force-majeure-on-VAM-Texas-City-plant-remains-offline-update_62221.html
July 10, 2014
Dow Chemical says it is bringing its Texas City, TX, vinyl acrylate monomer (VAM) plant back online. Dow shut the unit down in late June to correct a mechanical issue and subsequently declared force majeure on the product....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_acetate/Dow-begins-restart-of-Texas-City-VAM-plant_62383.html
July 9, 2014
Two workers were injured on 7 July by a fire at Chevron Phillips Chemical’s (CPChem; The Woodlands, TX) Port Arthur, TX, facility. CPChem says the cause of the fire has not yet been determined. The company has not said what part of the facility has been affected, but sources in the market believe it is the 853,000-m.t./year ethylene plant, which could be out of commission for up to two weeks....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Update-Two-injured-in-fire-at-CPChems-Port-Arthur-TX-facility_62373.html
July 9, 2014
Israel Chemicals Ltd. (ICL) and AkzoNobel announced today that they have signed a nonbinding memorandum of understanding (MOU) to collaborate on the long-term production and marketing...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Israel-Chemicals-and-AkzoNobel-link-in-salt-and-white-potash-joint-venture_62368.html
July 9, 2014
Gulf of Guinea Methanol (Lagos) has selected IHS to carry out a bankable feasibility study for its proposed $1.1-billion methanol project planned to be built in the Ogidigben...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Nigeria-progresses-with-large-methanol-project_62367.html
July 9, 2014
Potash West (Belmont, Australia) announced today that it has completed a placement to raise A$800,000 ($752,147) before costs. The placement was made to clients of Helmsec Global...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Potash-West-raises-capital-for-phosphate-project-in-Australia_62365.html
July 9, 2014
Oman Oil Refineries and Petroleum Industries Co., (Orpic; Muscat) on Tuesday held a workshop for engineering, procurement, and construction (EPC) contractors to brief them on the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Oman-to-invite-bids-for-$3-6-billion-petrochemical-project_62361.html
July 9, 2014
Maverick Synfuels (Research Triangle Park, NC), a leader in alternative chemicals and fuels production technology; and Petrostar Petroleum (Nanton, AL), an oil and gas exploration...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Maverick-Synfuels-and-Petrostar-form-JV-for-small-methane-to-methanol-plants-in-Canada_62359.html
July 8, 2014
Two workers were injured on 7 July by a fire at Chevron Phillips Chemical’s (CPChem; The Woodlands, TX) Port Arthur, TX, facility. CPChem says the cause of the fire has not yet been determined....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/cyclohexane/Two-injured-in-fire-at-CPChems-Port-Arthur-TX-facility_62356.html
July 8, 2014
Wacker Chemie opened today a logistics facility at the company's production site at Amtala, near Kolkata, India, the company says. The high-bay warehouse has capacity for 5,000 pallet...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Wacker-opens-logistics-facility-in-India_62346.html
July 8, 2014
Sirius Minerals (London), which is developing a project in the United Kingdom to mine polyhalite, says it plans to submit a new planning application for its potash mine to the North...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Sirius-Minerals-to-submit-new-planning-application-for-UK-potash-mine_62341.html
July 8, 2014
Gulf Petrochemical Industries Co. (GPIC; Manama, Bahrain) has reported its six months’ production and export results, saying that production of its three major...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/GPIC-reports-higher-production-in-the-first-half-of-the-year_62340.html
July 8, 2014
Russia exported more chemicals and fertilizers in the first five months of this year, according to statistics just released. Exports of potash in January–May rose 56.4% to 4.13...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Russias-chemical-fertilizer-exports-grow-in-first-five-months_62337.html
July 7, 2014
Honeywell has announced a price increase of 10 cts/lb on caprolactam and nylon-6 resins for customers in North America, effective 11 July or as contracts allow. The company cites higher raw material costs....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/caprolactam/Honeywell-increases-North-America-nylon-capro-prices_62272.html
July 7, 2014

PetroLogistics (Houston) says the deadline for terminating its merger agreement with Flint Hills Resources to pursue alternative proposals from third parties passed on 7 July. Flint Hills, a subsidiary of Koch Industries, agreed in late May to acquire the propylene maker for $2.1 billion.

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http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/PetroLogistics-Flint-Hills-merger-firms-up_62270.html
July 7, 2014
LG International (LGI; Seoul) says that a coal-based urea plant in China in which LGI is a partner has started production. The plant, in the industrial zone of Nalinriver, Wushen...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/China-starts-up-coal-based-urea-plant-LGI-will-market-output_62264.html
July 7, 2014
The fertilizer industry in the Arabian Gulf, led by the increased investments from petrochemical producers, is growing twice as fast as the global industry average, the Gulf...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/GCC-fertilizer-industry-grows-more-than-double-global-average_62263.html
July 7, 2014
LG International (LGI; Seoul) and its partner Hyundai Engineering & Construction have signed a memorandum of understanding (MOU) with state-owned energy group Turkmengas (Ashgabat)...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/LGI-extends-involvement-in-Turkmenistan-projects-will-offtake-products_62262.html
July 7, 2014
Kazakhstan Potash Corp. (KPC; Melbourne), formerly known as Fortis Mining, a minerals exploration company listed on the Australian Stock Exchange, today informed the exchange that it...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Kazakhstan-Potash-acquires-new-deposit-aims-to-become-major-potash-player_62267.html
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