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September 8, 2015
EuroChem (Zug, Switzerland), a leading fertilizer company, on Tuesday announced the signing of a $750-million pre-export finance facility with a club of leading international banks...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/EuroChem-signs-$750-million-finance-facility_73474.html
September 8, 2015
Unipetrol (Prague), a subsidiary of PKN Orlen (Plock, Poland) says its Litvinov, Czech Republic based steam cracker is unlikely to restart for several months. The plant was taken off...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Czech-steam-cracker-restart-not-likely-for-several-months_73461.html
September 8, 2015
Hanwha Chemical, South Korea's leading petchems company, and BASF Korea have signed a contract worth 1.89 trillion South Korean won ($1.57 billion) covering the supply by...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Hanwha-Chemical-and-BASF-Korea-sign-major-chlor-alkali-supply-contract_73460.html
September 7, 2015
The September customer reference price (CRP) for styrene has settled in Europe at €1,200/m.t. cfr, down €100/m.t. from the CRP for August and flat against the fob Rotterdam...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Europes-September-styrene-customer-reference-price-settles-flat-against-barge-contract_73457.html
September 6, 2015
Saudi Arabian Mining Co. (Ma’aden) on Sunday announced the reopening of its Ras Al Khair ammonia plant, following completion of repairs of the heat exchangers. The plant is owned...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Maaden-reopens-Ras-Al-Khair-ammonia-plant_73450.html
September 5, 2015
PTT Global Chemical (PTTGC; Bangkok) has selected two engineering consortia to carry out separate front-end engineering design (FEED) work and provide cost estimates for its...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Bechtel-consortium-selected-for-FEED-work-on-PTTGCs-petchems-complex-in-Ohio_73447.html
September 7, 2015
Ohio governor John Kasich says that the US subsidiary of PTT Global Chemical (PTTGC; Bangkok ) is ready to invest $100 million to carry out detailed engineering design for a previously...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/PTTGC-to-spend-$100-million-on-engineering-design-for-Ohio-ethane-cracker_73439.html
September 4, 2015
PTT Global Chemical (PTTGC; Bangkok) has selected a Fluor-led team to perform front-end engineering and design work for its proposed petrochemical complex in Belmont County, Ohio. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Fluor-awarded-front-end-contract-for-PTTGCs-Ohio-cracker_73438.html
September 4, 2015
Naphtachimie's steam cracker at Lavéra, France, is operating at full rates. The cracker was off stream following a fire, which occurred on 17 May. Naphtachimie is a 50-50 joint...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Ineos-Total-cracker-operating-at-full-rates-following-repairs_73435.html
September 3, 2015
Bina Puri Holdings (Selayang, Malaysia) says it has been awarded a contract to construct civil works for the naphtha cracker that will form part of Petronas's previously announced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Malaysian-firm-awarded-civil-works-contract-for-planned-Petronas-cracker_73413.html
September 3, 2015
Mitsubishi Gas Chemical (MGC), Mitsubishi Corp., and Mitsubishi Heavy Industries (MHI) on Thursday said that they have reached a final investment decision with the Japan Bank for...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Mitsubishi-Gas-Mitsubishi-Corp-and-MHI-reach-FID-on-Trinidad-methanol-DME-project_73405.html
September 3, 2015
African Potash, the AIM-listed exploration company focused on sub-Saharan potash assets, on Thursday said that it has entered into a memorandum of understanding with a Zimbabwean...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/African-Potash-signs-third-fertilizer-supply-deal_73404.html
September 3, 2015
European toluene contracts for September are so far settling within a range of $620–$625/m.t. fob Rotterdam, representing a decrease of $120–$125/m.t. from the August...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/toluene/Europe-toluene-September-contract-settles-down-$120-125_73417.html
September 2, 2015
US propylene stocks were higher in the final week of August, according to data released on Wednesday by the Energy Information Administration (EIA). Propane/propylene stocks were at...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/US-propylene-stocks-up-in-final-week-of-August_73385.html
September 2, 2015
The US August ethylene contract settled at 29.50 cts/lb Wednesday, losing 3.25 cts per pound from the July contract price. The settlement represented the third consecutive monthly...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/US-August-ethylene-contract-declines-for-third-consecutive-month_73399.html
September 2, 2015
CB&I said on Wednesday that it has been awarded an early works contract by LACC, a joint venture between Axiall and Lotte Chemical (Seoul), to provide additional detailed...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/CB-and-I-awarded-engineering-and-procurement-work-for-Axiall-Lotte-cracker-in-Louisiana_73387.html
September 1, 2015
Americas Styrenics (The Woodlands, TX) has announced a 5 ct/lb decrease in the transaction price of all grades of polystyrene, effective 1 September....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Americas-Styrenics-cuts-polystyrene-by-5-ctslb_73373.html
September 1, 2015
The European September styrene barge contract has settled at €1,200/m.t. fob Amsterdam-Rotterdam-Antwerp, a decrease of €100/m.t. from the August price. The settlement was...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Europe-September-styrene-barge-settlement-drops_73361.html
September 1, 2015
The benzene contract price for September has settled in Europe at $585/m.t. or €519/m.t., a triple-digit decrease of $268 or €260/m.t. from the August level. The decrease...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Triple-digit-decrease-for-Europes-September-benzene-contract_73360.html
September 1, 2015
CCM Fertilizers (CCMF; Kuala Lumpur) said on Tuesday that it will cease operations of its Shah Alam manufacturing plant in view of the prolonged negative market conditions, reduced...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Malaysian-firm-to-close-down-fertilizer-plant-on-reduced-demand_73358.html
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