IHS Chemical Week

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January 30, 2013
Employees at Sabic Europe's Geleen, Netherlands, complex have launched strike actions after talks between management and the FNV trade union on 28 January failed to reach an agreement...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Labor-dispute-threatens-operations-at-Sabics-Geleen-site-reports-say_49436.html
January 30, 2013
SK Gas (Seoul) said in a regulatory filing that it will invest $890 million to build a propylene plant at Ulsan, South Korea, as part of its push into the petrochemical industry. SK...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/SK-Gas-to-build-$890-million-propylene-plant-at-Ulsan_49433.html
January 29, 2013
Chiyoda has been awarded an engineering, procurement, and construction (EPC) contract by Taiyo Oil (Tokyo) to develop a 10,000-bbl/day transalkylation unit, Chiyoda announced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Chiyoda-awarded-EPC-contract-for-Taiyo-Oil-aromatics-expansion-in-Japan_49411.html
January 29, 2013
Polyethylene terephthalate (PET) prices in Europe, despite lackluster demand, are being supported by bullish sentiment in Asian feedstock markets as well as high naphtha prices, IHS...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/European-PET-prices-supported-by-strong-Asian-feedstocks_49414.html
January 29, 2013
Oxea (Oberhausen, Germany) says it has put its North American and South American customers on a 100% sales control to be implemented on n-propanol, n-butanol, n-propyl acetate, and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/oxoalcohols/Oxea-puts-North-and-South-American-customers-on-sales-control_49403.html
January 29, 2013
The company projects adjusted earnings growth between 45 cts/share and 50 cts/share in 2013, a gain of 12–13%....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Celanese-earnings-flat-on-lower-volumes-and-pricing_49413.html
January 29, 2013
African Potash (London), a company listed on London's AIM exchange, has reentered into an agreement to acquire an indirect 70% interest in Société des Potasses et des...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/African-Potash-signs-agreement-to-acquire-potash-asset-in-the-Republic-of-the-Congo_49410.html
January 29, 2013
Technip says it has been awarded engineering and procurement contracts by Westlake Chemical for the previously announced expansion and modernization of the ethylene cracking furnaces...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Technip-awarded-contracts-for-Westlakes-ethylene-plant-expansion-in-Kentucky_49397.html
January 28, 2013
The Naphtachimie steam cracker at Lavéra, France, is expected to restart operations partially during the first half of March, IHS Chemical says. The cracker sustained a fire in...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Naphtachimie-cracker-at-Lavera-to-restart-partially-in-March_49375.html
January 28, 2013
National Petrochemical Co. (NPC; Tehran) will offer shares of Persian Gulf Holding, comprising 15 petrochemical firms, on the Tehran stock exchange, Fars News Agency reported today...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Irans-NPC-to-offer-Persian-Gulf-Holding-shares-on-stock-exchange-reports-say_49366.html
January 25, 2013
PKN Orlen's (Plock, Poland) petrochemical operations swung back into positive earnings territory during the fourth quarter of 2012, with the company's consolidated results showing a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/PKN-Orlens-petrochemical-activities-swing-to-a-quarterly-profit_49356.html
January 25, 2013
Vale (Rio de Janeiro) says it has not suspended its Rio Colorado potash project at Mendoza, Argentina, but that it has instead extended construction workers' end-of-year break while it...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Vale-denies-suspension-of-Argentina-potash-project_49343.html
January 25, 2013
Coromandel International (Secunderabad, India), among India’s leading producers of fertilizers, crop protection agents, and specialty nutrients, has notified the Bombay Stock...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Coromandel-acquires-Indias-leading-phosphate-fertilizer-producer_49336.html
January 24, 2013
Methanex and Chesapeake Energy (Oklahoma City) say they have executed a 10-year agreement to supply all of the natural gas required for Methanex's previously announced 1-million...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-and-Chesapeake-Energy-sign-long-term-gas-supply-agreement-for-Louisiana-project_49243.html
January 24, 2013
Technip says that it has been awarded a contract by JBF Petrochemicals (Mangalore, India), a wholly owned subsidiary of JBF Industries (Mumbai), for the previously announced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Technip-awarded-contract-for-PTA-plant-in-India_49242.html
January 23, 2013
Located in Pampa, TX, the 65,000-m.t./year natural gas-to-methanol plant is expected begin full-scale production in the second quarter of 2014...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/G2X-starts-US-methanol-project-chooses-site-for-$1-3-billion-natgas-to-gasoline_49169.html
January 23, 2013
Polyethylene (PE) supply is expected to remain restricted in Asia despite a renewed influx of imports from Iran, owing to planned maintenance shutdowns at PE plants elsewhere in the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Mideast-plant-turnarounds-buoy-Asian-PE-prices-despite-renewed-influx-of-Iranian-material_49216.html
January 21, 2013
PhosAgro (Moscow), a phosphate-based fertilizer producer, has reported an 8.6% year-on-year (YOY) increase in 2012 production, to a total of 5.4 million m.t. of nitrogen- and...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PhosAgros-2012-sales-volumes-surpass-5-million-m-t-_49147.html
January 18, 2013
PPG’s commodity chemicals business, which is being merged into Georgia Gulf, is issuing $688 million in bonds to compensate PPG for the spin-off of the business. The business...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/PPG-commodity-business-issuing-debt-to-fund-spin-off-merger_49132.html
January 18, 2013
Hyundai Cosmo Para-Xylene (HCP), a joint venture between Cosmo Oil Corp. (Tokyo) and Hyundai Oilbank (HDO; Seoul), has announced that production at its aromatics facility at HDO's...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Hyundai-Cosmo-jv-makes-its-first-p-xylene-shipment-from-new-plant_49100.html
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