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March 19, 2015
BASF says that it has selected Freeport, TX, as the potential site of a 475,000-m.t./year, methane-to-propylene (MTP) complex that the company plans to build on the US Gulf Coast. The company has licensed Air Liquide’s proprietary Lurgi MegaMethanol and MTP technologies and contracted with Air Liquide to provide basic engineering services for the complex...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/BASF-chooses-Freeport-TX-for-methane-to-propylene-complex-licenses-Air-Liquide-technology_68704.html
March 18, 2015
The three directors that PotashCorp nominated to the board of Sociedad Química y Minera de Chile (SQM; Santiago) have resigned from SQM's board. The announcement follows the...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PotashCorp-representatives-resign-from-SQM-board_68667.html
March 18, 2015
Ningbo Haiyue New Material's (Ningbo, China) plant at Ningbo has become the first propane dehydrogenation (PDH) plant to operate using Clariant's heat-generating material (HGM) for...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Performance-of-China-PDH-plant-improved-by-Clariant-catalyst_68660.html
March 18, 2015
Production at Styrolution's Texas City styrene facility is still expected to restart by the end of this month, market participants say. The 500,000-m.t./year facility had been expected...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrolutions-Texas-City-styrene-facility-still-expected-to-restart-this-month_68648.html
March 17, 2015
US ethylene prices established another record-high spread between Choctaw (Louisiana) and Texas-based Mont Belvieu-Williams (MtB-W) on this week, as tight supply availability in...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Choctaw-ethylene-trading-hits-record-premium-to-Mont-Belvieu-for-second-week_68646.html
March 17, 2015
The United States imported a record 302,000 m.t. of benzene in January, based on data made available from Global Trade Information (GTI; Columbia, SC) services. US imports of benzene...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/US-imported-record-benzene-volumes-in-January_68614.html
March 16, 2015
The operator of a rock removing machine at Uralkali's (Berezniki, Russia) Berezniki-4 mine died on Sunday 15 March, following an accident that took place during repair works being...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Accident-at-Uralkali-Berezniki-4-mine-results-in-one-fatality_68598.html
March 16, 2015
South Korea exported 104,093 m.t. of styrene in February, 4% more than the 99,722 m.t. in January and up 8% year-on-year (YOY), from 96,275 m.t., Korea Customs Service data show. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Korea-exports-more-styrene-in-February_68577.html
March 16, 2015
South Korea’s mixed xylene exports in February rose 48% from January to 19,665 m.t. but fell 11% from 22,224 m.t. year-on-year, Korea Customs Service data show. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/mixedxylenes/Koreas-February-mixed-xylene-exports-jump-versus-January_68579.html
March 16, 2015
South Korea’s benzene exports in February totaled 210,022 m.t., a 7% fall from January but a spike of 58% year-on-year (YOY), data from the Korea Customs Service show. China was...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/South-Koreas-February-benzene-exports-fell-from-January-spiked-YOY_68571.html
March 16, 2015
South Korea exported 383,978 m.t. of para-xylene (p-xylene) in February, a 25% fall from January’s total but they almost doubled from 195,988 m.t. year-on-year (YOY), data from...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Koreas-p-xylene-exports-in-February-fall-from-January-but-soar-YOY_68572.html
March 16, 2015
South Korea’s overall February exports of toluene were 46,161 m.t., down 3.6% from 47,897 m.t. in January and a 58.2% plunge from 110,505 m.t. year-on-year, Korea Customs...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/toluene/Koreas-February-toluene-exports-fall_68574.html
March 15, 2015
Mosaic on Friday said that, following its acquisition of Archer Daniels Midland’s distribution businesses in Brazil and Paraguay, it will change the reporting of its business...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Mosaic-shuffles-reporting-segments-gives-update-on-volumes-and-prices_68570.html
March 13, 2015
Canexus (Calgary) says that it has engaged a financial advisor to explore the potential sale of Canexus's chlor-alkali operation at North Vancouver, BC. The company says that it is...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Canexus-explores-sale-of-Canada-chlor-alkali-business_68559.html
March 13, 2015
Tight ethylene supply in Louisiana this week has led to record-high spreads between prices at Choctaw in Louisiana and Mont Belvieu-Williams (MtB-W) in Texas, based on trades today...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Ethylene-trades-on-US-Gulf-Coast-at-record-high-spread-on-tight-supply-in-Louisiana_68557.html
March 13, 2015
The spread between styrene and benzene prices reached an all-time high in Europe this week as spot styrene continued to surge but benzene faltered.   March styrene offers breached...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Europes-styrene-benzene-spread-reaches-record-high_68558.html
March 13, 2015
Spot styrene prices in Asia registered a sharp weekly fall amid market concerns about an influx of deepsea cargoes and falling Brent crude contracts, which sank below $57/barrel in...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Styrene-prices-fell-sharply-in-Asia-this-week-other-aromatics-down_68551.html
March 13, 2015
Shell Chemicals announced today that it has completed revamping its Wesseling, Germany, steam cracker, improving energy efficiency and boosting production volumes. Modifications to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Shell-Chemicals-completes-cracker-revamp-in-Germany_68550.html
March 12, 2015
The US Coast Guard has announced that the Houston Ship Channel was reopened this morning, after responders completed initial salvage plans on a damaged chemical tanker carrying methyl...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/mtbe/Houston-Ship-Channel-fully-reopened_68476.html
March 12, 2015
Potash producer K+S's (Kassel, Germany) operating earnings (Ebit) during the last quarter of 2014 were €130.4 million ($138.6 million), up 30% year-on-year (YOY), despite higher...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/K+Ss-operating-profit-soars_68485.html
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