IHS Chemical Week

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June 26, 2015
Cosmar, a 50-50 joint venture between Sabic and Total, is bringing a styrene production line back onstream at its Carville, LA, plant this week, in line with expectations. The company...
June 26, 2015
India has begun antidumping investigations into purified terephthalic acid (PTA) from China, Indonesia, Iran, Malaysia, and Taiwan, the country's ministry of commerce and industry...
June 26, 2015
Negotiations will take place next week for Europe's July styrene contract price and discussions are likely to be complicated by the contrasting factors of falling spot prices and...
June 26, 2015
Artlant PTA (Sines, Portugal) is expected to restart production in September. The company's 700,000-m.t./year purified terephthalic acid (PTA) plant was mothballed in April 2014...
June 26, 2015
Fatima Fertilizer (Lahore, Pakistan) has bought DH Fertilizers (DHFL; Lahore) by acquiring 100% of DHFL's shares, Fatima Fertilizer says. The shares are worth 2 billion Pakistani...
June 26, 2015
Via an agreement, Bermuda-registered Petredec has secured $186.3 million from KfW IPEX-Bank (Frankfurt) to finance constructing four handysize gas carriers, the bank says. Handysize...
June 26, 2015
PTT Global Chemical (PTTGC; Bangkok) has cut runs at its aromatics complex No. 1 at Map Ta Phut, Thailand, due to unstable operations, IHS Chemical understands. There had been reports...
June 26, 2015
OCI NV (Amsterdam), a major producer of nitrogen fertilizers and industrial chemicals, has reached agreement to acquire BioMCN, a methanol producer and pioneer in biomethanol...
June 26, 2015
OCI NV (Amsterdam) on Tuesday announced it has closed the acquisition of BioMCN, a methanol producer and pioneer in biomethanol production based at Delfzijl, Netherlands for €15...
June 25, 2015
In what has become a fight for global share of the potash market, PotashCorp, the world’s largest producer of fertilizers by capacity, is in the process of making a bid for K+S...
June 25, 2015
Production of phenol and acetone at Borealis’s Porvoo, Finland site is not expected to return to normal levels until the second week of July, a company statement said Thursday...
June 25, 2015
Polystyrene (PS) imports into Europe have been on the rise and inflated regional styrene values have dented profitability. Trade data released by Eurostat (Brussels) for the 28 EU...
June 25, 2015
China’s imports of benzene, para-xylene (p-xylene), styrene, and toluene fell sharply in May compared with April and mixed xylene imports were almost flat, data obtained by IHS...
June 25, 2015
Gujarat Alkalies and Chemicals Ltd. (GACL; Vadodara, India) will establish a joint venture with state-owned National Aluminium Co. (Nalco; Bhubaneswar, India) to operate chlor-alkali...
June 25, 2015
Propylene stock movements were mixed in the United States during the week ended 19 June, according to data released by the Energy Information Administration (EIA). Propane-propylene...
June 24, 2015
PhosAgro (Moscow) and Orica (Melbourne) today signed a 10-year contract covering drilling and blasting work at the open-pit sites of PhosAgro’s major phosphate production...
June 24, 2015
Sasol told the Stock Exchange News Service (Johannesburg) on Thursday that the South African Competition Appeal Court on 17 June upheld Sasol’s appeal against the Competition...
June 24, 2015
Vietnam's Ha Bac Nitrogenous Fertiliser has expanded its urea fertilizer production capacity to 500,000 m.t./year from 180,000 m.t./year, the company said Monday. The affiliate of...
June 24, 2015
The benzene arbitrage window between Asia and the United States has been open slightly this week for a limited time, according to trade participants. Prompt Asia benzene prices were at...
June 24, 2015
South Korea’s benzene exports to China and the United States during 1-23 June were about 60% and 51%, respectively, of overall volumes sent in May, data obtained by IHS Chemical...
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