IHS Chemical Week

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April 1, 2014
Euro Chlor's 9th Technology Conference and Exhibition, which kicked off in Madrid today, is reviewing numerous new processes and improvements in the chlor-alkali industry. The newest...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Euro-Chlor-9th-Technology-Conference-Clock-starts-ticking-for-mandatory-plant-conversion-in-Europe_59965.html
April 1, 2014
Butadiene demand growth is expected to outpace crude C4 production over the 2013-18 period, marking a return to more "historically typical market conditions," said Bill Hyde...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/IHS-WPC-2014-Butadiene-demand-to-outpace-supply-in-2013-18_59964.html
March 31, 2014
Asia will remain the center of olefins demand growth at least in the foreseeable future. The region accounts for 3.9 billion, or 55%, of the world’s potential chemical and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/IHS-WPC-2014-Lack-of-resources-limits-Asias-olefin-output-potential_59935.html
March 31, 2014
Dow Chemical announced today that its joint venture chlor-alkali facility with Mitsui & Co. has started full-scale commercial production at Freeport, TX. The facility has capacity...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Dow-Mitsui-start-up-chlor-alkali-jv-plant_59934.html
March 31, 2014
CB&I today detailed its contract award by Oman Oil Refineries and Petroleum Industries Co. (Orpic; Muscat). CB&I’s contract, valued in excess of $40 million, covers the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/CB-and-I-details-Orpics-petchems-project-award-in-Oman_59933.html
March 28, 2014
With feedstock para-xylene (p-xylene) increasingly oversupplied, China’s producers of purified terephthalic acid (PTA) are gaining leverage over feedstock costs, and p-xylene margins are consequently in decline, says Duncan Clark, sr. director/aromatics and glycols at IHS Chemical. “It’s similar to the PTA industry, where there were very good margins a few years ago, and that was the business to be in.”...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/IHS-WPC-2014-Chinas-PTA-producers-gaining-leverage-over-p-xylene-costs_59918.html
March 28, 2014
Ineos’s plans, confirmed and detailed yesterday, to convert its Grangemouth, UK, olefins complex to consume cheap shale-based ethane feedstock imported from the United States...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Ineos-director-Grangemouth-ethane-investment-will-buy-15-years-of-competitiveness_59916.html
March 28, 2014
The United States will probably gain at least three new ethylene oxide/ethylene glycol facilities by 2018, says Tison Keel, director/ethylene oxide and derivatives at IHS Chemical. Although very little new capacity has been announced, favorable economics and ample feedstock make a strong case for investment, he says....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_glycol/IHS-WPC-Three-new-EG-plants-in-US-likely-by-2018_59906.html
March 28, 2014
Styrene margins will improve as direct production of propylene oxide (PO) reduces the need for propylene oxide-styrene monomer (POSM) technology, says Peter Feng, sr. director/styrenics and phenolics at IHS Chemical. “It is the development of direct PO that saved the styrene market,” he says....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/IHS-WPC-2014-Styrene-margins-to-improve-with-displacement-of-POSM-technology_59888.html
March 28, 2014
Ineos today announced new milestones in its previously reported £300-million ($499.3 million) survival plan at the company’s Grangemouth complex, in the United Kingdom. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Ineos-to-close-plants-at-Grangemouth-convert-complex-to-shale-based-feedstock_59879.html
March 28, 2014
Recent additions to ethylene glycol capacity might have kept the global market in rough balance, but serious production issues have limited actual availability, according to Tison Keel, director/ethylene oxide and derivatives at IHS Chemical. The result will be unsustainably high operating rates, tight supply, and high prices, he says....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_glycol/IHS-WPC-Outages-will-push-EO-EG-operating-rates-into-the-red_59897.html
March 28, 2014
Nizhnekamskneftekhim (NKNK; Nizhnekamsk, Russia), a major producer of petrochemicals, today reported lower earnings and revenues for full-year 2013, citing a slowdown in the global...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/NKNK-reports-lower-earnings-advances-cracker-project_59901.html
March 28, 2014
The Indian government on Thursday approved reducing the potash subsidy for the 2014/15 fiscal year, starting this April, by nearly 20%, to 9,400 Indian rupees/m.t. ($160), which will...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/India-cuts-potash-subsidy-as-prices-decline_59894.html
March 28, 2014
Diminished production of propylene and butadiene as a result of the shift toward lighter feedstocks is a growing challenge for integrated petrochemical producers, says Heidi...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/IHS-WPC-2014-Shale-shift-raises-concerns-for-some-non-ethylene-value-chains_59889.html
March 27, 2014
A wave of on-purpose propylene capacity over the next five years is set to significantly outpace projected demand growth....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/IHS-WPC-2014-Global-propylene-caught-in-supply-currents_59890.html
March 27, 2014
Industrial enterprises in Crimea, until recently part of Ukraine, are expected to improve their competitive advantage through lower natural gas prices, following the transfer of the...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Crimeas-chemical-industry-will-benefit-from-cheap-Russian-gas-but-markets-will-be-disrupted_59874.html
March 27, 2014
Sinofert Holdings, China’s largest fertilizer producer and distributor, today reported lower figures on overcapacity problems of fertilizer industry and a sluggish market. Sales...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Sinofert-earnings-down-on-weak-fertilizer-market_59877.html
March 27, 2014
The cyclicality and volatility of earnings in basic chemicals remains one of the greatest challenges facing the market, said Mark Eramo, v.p./chemical industry insight at IHS Chemical...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/IHS-WPC-2014-Industry-must-balance-push-from-new-supply-against-pull-of-global-demand_59861.html
March 26, 2014
The shale revolution will dramatically affect the global distribution of chemical industry profits, says Dave Witte,senior v.p. of IHS and general manager of IHS Chemical. North America chemical earnings leaped ahead of the global average beginning in 2009, and Witte expects the trend to continue beyond 2018....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/IHS-WPC-2014-Shale-will-shift-global-distribution-of-chemical-earnings_59856.html
March 26, 2014
Maire Tecnimont (Rome) today announced that, through some of its subsidiaries and in association with Archirodon Group,a leading construction contractor, it has signed an agreement...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Tecnimont-signs-agreement-for-offsites-and-utilities-for-Tahrir-project-in-Egypt_59835.html
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