IHS Chemical Week

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December 19, 2014
UOP, a Honeywell subsidiary, says its C3 Oleflex process technology plant owned by Sibur (Moscow) has reached full capacity utilization. The facility, based at Tobolsk, Russia, will...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Siburs-propane-dehydrogenation-plant-reaches-full-capacity_66233.html
December 18, 2014
BASF and Shell have reached agreement for BASF to sell its 50% share in their propylene oxide-styrene monomer (POSM) joint venture, Ellba Eastern (Singapore) to Shell, making it a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene_oxide/BASF-quits-Ellba-Eastern-POSM-joint-venture-with-Shell_66284.html
December 18, 2014
Uralkali (Berezniki, Russia), one of the largest potash producers, today announced its third-quarter results with revenues up 5% on the year-earlier quarter at $896 million. Production...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Uralkali-reports-strong-results-expects-record-potash-deliveries-this-year_66292.html
December 18, 2014
Styrene inventories in eastern China have dipped 4% this week, compared with last week, industry sources say. The inventory tally is estimated at 148,000 m.t., down about 7,000 m.t. or...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrene-stocks-in-eastern-China-fall-4-percent-against-last-week_66286.html
December 17, 2014
Dow Corning will abandon its never-operated Hemlock Semiconductor polysilicon facility in Clarksville, TN. The $1 billion-plus project was completed last year but never produced product because of oversupply in polysilicon markets and the impact of tariffs on polycrystalline silicon imported into China....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Dow-Corning-to-abandon-Hemlocks-Tennessee-polysilicon-assets_66278.html
December 17, 2014

OxyChem (Dallas, TX) and Mexichem (Tlalnepantla, Mexico) say that their 50-50 jv, Ingleside Ethylene, began construction of its 540,000 m.t./yr ethane cracker at OxyChem’s Ingleside, TX, complex in the second quarter of 2014. The $1.5 billion project remains on schedule to begin commercial production in the first quarter of 2017, they say.

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http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/OxyChem-Mexichem-cracker-jv-has-begun-construction_66275.html
December 17, 2014
Mosaic announced today that it has completed the previously announced acquisition of Archer Daniel Midland’s (ADM) fertilizer distribution business in Brazil and Paraguay for...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Mosaic-completes-acquisition-of-ADM-fertilizer-distribution-business_66248.html
December 17, 2014
MEGlobal (Dubai) has launched a front-end engineering design (FEED) study for construction of a world-scale ethylene glycol (EG) plant on the US Gulf coast. The plant is expected to onstream in 2018....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_glycol/MEGlobal-studies-world-scale-ethylene-glycol-project-in-US_66241.html
December 17, 2014
Nama Chemicals (Al Jubail) says that it plans to restart its chlor-alkali production facility at Al Jubail on 5 January 2015. The plant has been down since a fire in the caustic soda...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Nama-Chemicals-to-restart-chlor-alkali-plant-in-January_66239.html
December 17, 2014
La Coop fédérée (Montreal) and Indian Farmers Fertiliser Cooperative (Iffco; New Delhi) are suspending plans to build a urea production plant at Becancour, PQ, the...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Canada-urea-project-suspended_66242.html
December 17, 2014
Restarting Versalis's (Milan) Porto Marghera, Italy naphtha cracker is feasible, given that the company has not laid off any of the plant's employees, under the terms of an agreement...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Porto-Marghera-cracker-restart-is-feasible-would-make-ethylene-market-balanced-to-long-market-source_66243.html
December 17, 2014
Toluene disproportionation (TDP) and selective TDP (STDP) units are likely to be the first casualties of the recent collapse of the benzene price, in the United States and worldwide...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Toluene-disproportionation-operating-rates-in-US-are-the-first-to-be-slowed-by-collapse-of-benzene-prices_66245.html
December 17, 2014
Styrene spot values in Europe have lost about $400/m.t. in two weeks as the market has been forced to adjust to the new upstream environment at a time when European styrene production...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Europe-styrene-prices-plummet-on-the-back-of-weaker-energy-markets_66240.html
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
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