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Archives :: Markets :: Basic Chemicals
Displaying 341 - 360 of 2760 stories.
November 20, 2012
Mexico's state oil company Pemex (Mexico City) says it has restarted its ammonia unit at Ciudad Camargo, Chihuahua state. The plant has been offline since 2002 and was restarted with...http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Pemex-restarts-Camargo-ammonia-unit_47873.html November 20, 2012
Yanbu National Petrochemical Company (YanSab; Yanbu, Saudi Arabia), a Sabic affiliate, says it plans to take its ethylene glycol (EG) plant off line to carry out maintenance and some...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_glycol/YanSab-takes-ethylene-glycol-plant-offline-for-maintenance-and-repairs_47851.html November 20, 2012
Gulf of Guinea Oil Exploration Limited (GGOEX), an integrated energy company established to take advantage of the opportunities available in the Gulf of Guinea, has announced plans to...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Gulf-of-Guinea-Oil-Exploration-to-build-methanol-plant-in-Nigeria_47850.html November 19, 2012
Westlake Chemical has declared a $3.75/share special dividend, payable to shareholders on 12 December. The company will spend $250 million in cash on hand to pay the dividend. Westlake...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Westlake-declares-special-dividend_47827.html November 16, 2012
In more mature markets such as Western Europe, industry will see industry consolidation, operations optimization and movement toward production of higher-value performance products...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Shale-provides-North-American-PE-players-with-growing-advantage_47812.html November 15, 2012
Toyo Engineering (Narashino, Japan) says that its Toyo Engineering Korea (Toyo-Korea; Seoul) subsidiary has been awarded a contract by Korea Petrochemical Industry Co. (KPIC; Seoul)...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_glycol/Toyo-Engineering-awarded-contract-for-EO-EG-project-in-Korea_47782.html November 15, 2012
Shell says it has taken a final investment decision to debottleneck its steam cracker at Bukom Island, Singapore. This is expected to increase the capacity of olefins and aromatics by...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Shell-to-increase-capacity-at-petrochemical-complex-in-Singapore_47712.html November 15, 2012
Innospec and private equity firm Blackstone Capital Partners (New York) have submitted a revised bid for TPC Group, which values the company at $47.50/share, about 5.6% higher than...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Innospec-raises-TPC-bid-to-$47-50share-update_47724.html November 15, 2012
Oxea says it has started up a new specialty esters production unit at its Oberhausen, Germany site. The new facility increases the company's total capacity to produce specialty...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/oxoalcohols/Oxea-starts-production-at-specialty-esters-facility-ups-prices_47725.html November 14, 2012
Methanex says it has secured further gas supplies in New Zealand. The new gas quantities equate to about 2.5 million m.t. of methanol production over the next five years, the company...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-secures-further-long-term-gas-supplies-in-New-Zealand_47714.html November 14, 2012
LSB intends to produce, “on a limited basis”, nitric acid and ammonium nitrate solution from purchased ammonia....http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/LSBs-Cherokee-ammonia-plant-down-for-several-months_47709.html November 14, 2012
The project, announced in July, entails the relocation of a plant in Chile for a cost estimated by Methanex at $550 million....http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-gains-air-permits-for-Geismar-methanol-plant_47693.html November 14, 2012
Huntsman Corp. says it has entered into a joint venture agreement with Sinopec Jinling (Nanjing, China), a subsidiary of Sinopec, to build a propylene oxide-methyl tert-butyl ether...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene_oxide/Huntsman-and-Sinopec-form-jv-to-build-PO-MTBE-facility-in-China_47658.html November 13, 2012
K+S Group (Kassel, Germany) says sales in the third quarter of 2012 increased 7.4%, to €916.6 million ($1.16 billion), compared with €853.5 million in the prior-year period...http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/K+S-posts-increased-sales-lower-operating-profits_47657.html November 13, 2012
The high cost of production in Brazil, due in part to expensive raw materials, energy, and high taxes, has been a central concern for domestic producers, according to speakers and...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/oxoalcohols/Brazil-takes-steps-to-alleviate-high-cost-of-production_47652.html November 12, 2012
BASF says it will build a production plant for emulsion polymers at its Freeport, TX, site. Total investment in the plant is estimated to be more than $90 million, says a...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/BASF-to-build-emulsions-polymer-plant-at-Freeport-site_47640.html November 12, 2012
Egypt’s president Mohamed Morsi has opened a complex producing styrene and polystyrene at the Dekheila Port at Alexandria, Egypt. The plant was built by the Egyptian Styrenics...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylbenzene/Egyptian-president-opens-EStyrenics-complex-at-Alexandria_47629.html November 12, 2012
Sabic and Shell Chemicals have confirmed CW’s exclusive report that they plan to invest in propylene oxide-styrene monomer (POSM) and polyols plants in Saudi Arabia...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene_oxide/Sabic-and-Shell-plan-POSM-polyols-projects-ponder-petchem-investments-outside-Saudi-Arabia_47628.html November 8, 2012
Westlake Chemical Corp.on Thursday reported net income for the third-quarter of $87.0 million, a 28% year-over-year (YOY) increase, despite lower sales, which fell 15% to $821.2 million....http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Westlake-3Q-earnings-up-28-percent-on-lower-costs-and-higher-volumes_47568.html November 8, 2012
TPC Group and private equity firms First Reserve (Houston) and SK Capital (New York) have revised the deal under which the firms will acquire TPC in a management buyout. The deal now...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/TPC-Group-agrees-to-revised-deal-with-First-Reserve-SK-Capital_47537.html |
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