IHS Chemical Week

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May 18, 2015
Styrene and benzene spot prices have come under further pressure in Europe to start the week, amid a weakening of aromatics markets worldwide despite a relatively steady upstream...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Europes-benzene-styrene-prices-start-week-under-pressure_70469.html
May 18, 2015
The United States has seen benzene derivative exports moving to Europe with cumene and cyclohexane this week, as operational issues in that region have left producers looking to cover...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/US-benzene-derivative-exports-move-to-EU-amid-production-issues_70450.html
May 15, 2015
North America's styrene market is expected to be oversupplied in the second half of 2015 as styrene plant turnarounds come to an end in June, according to IHS Chemical director David...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/North-Americas-styrene-market-expected-to-swing-to-oversupply-in-second-half-of-2015_70439.html
May 15, 2015
Benzene–styrene price spreads have widened $215–$225/m.t. week on week in Asia as spot prices for each product headed in opposite directions, IHS Chemical data show. For...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Asia-styrene-benzene-price-spreads-widen-by-more-than-$200-in-one-week_70429.html
May 15, 2015
Deepak Nitrite (Pune, India) has established a wholly owned subsidiary, Deepak Phenolics, to manage a project to build a phenol-acetone plant at Dahej, India, Deepak Nitrite says...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetone/Deepak-Nitrite-establishes-subsidiary-to-manage-phenol-acetone-project-contractors-have-been-selected_70425.html
May 15, 2015
South Korea’s April exports of benzene and mixed xylenes showed month-on-month increases while falls were seen in shipments of para-xylene (p-xylene), styrene, and toluene...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/South-Koreas-April-exports-of-benzene-mixed-xylenes-post-16-19-percent-on-month-rise_70424.html
May 14, 2015
The styrene-over-benzene spread in Europe has jumped almost to $550/m.t., a gain of about $120/m.t. on the week, as benzene and styrene spot prices have been pulled in opposite...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Styrene-benzene-spread-approaches-$550-in-Europe-as-production-issues-emerge_70414.html
May 14, 2015
Azerbaijan Methanol Co. (Azmeco) has announced plans to raise $1 billion through the issue of bonds in London. Highgrove Securities (London), Azmeco's financial advisor, says that...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Azerbaijan-methanol-producer-plans-$1-billion-bond-issue_70413.html
May 14, 2015
Grupa Azoty (Tarnów, Poland) says that it has selected UOP to provide technology for a previously announced propane dehydrogenation project at Police, Poland. The agreement also...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Grupa-Azoty-selects-UOP-technology-for-propane-dehydro-project_70411.html
May 14, 2015
PhosAgro (Moscow) announced on Thursday that it has increased fertilizer production and sales in the first quarter. Total fertilizer production and sales increased year-on-year (YOY)...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PhosAgro-increases-fertilizer-output-and-sales-in-first-quarter_70412.html
May 14, 2015
Styrene spot prices have spiked in Asia for a second day running today, over news of unexpected outages at styrene plants in the Mideast and lower styrene inventory in China, despite...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrene-spot-prices-spike-in-Asia-on-plant-outages-in-Mideast_70401.html
May 14, 2015
Yeochun NCC (YNCC; Seoul) shut its No. 1 naphtha cracker at Yeocheon, South Korea today for 30–40 days of planned maintenance, a source close to the company says. YNCC yesterday...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Yeochun-NCC-shuts-No-1-cracker-for-planned-maintenance_70399.html
May 14, 2015
Celanese will raise offers for vinyl acetate monomer (VAM) in China, Europe, and the Mideast on 1 June, the company says. Asian prices will go up $30/m.t., and European and Mideast...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Celanese-to-raise-VAM-prices-in-China-Europe-Mideast_70394.html
May 13, 2015
UOP, a Honeywell company, announced on Wednesday that Dangote Oil Refining Co., has selected its technology for a world-scale integrated refinery and petrochemical plant to be built at...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/UOP-to-provide-technology-for-refinery-and-petrochemicals-complex-in-Nigeria_70393.html
May 13, 2015
Propylene stocks were flat in the United States during the week ended 8 May, according to data released by the Energy Information Administration today. Non-fuel use propylene stocks...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Propylene-inventories-stable-in-United-States_70378.html
May 13, 2015
The May para-xylene (p-xylene) contract has settled in Europe at €880/m.t., an increase of €80/m.t. from the April settlement of €800/m.t.  Negotiations for the May...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Europes-May-p-xylene-contract-settles-higher_70377.html
May 13, 2015
Spot benzene prices sank in Asia today, putting benzene at a discount to toluene spot price levels, IHS Chemical data show. Spot activity took off as a deal for a toluene parcel...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Asia-spot-benzene-prices-fall-and-trade-at-discount-to-toluene_70369.html
May 13, 2015
Overall styrene inventories at eastern China’s ports sank to about 64,000 m.t. this week, a 29% slide from about 90,000 m.t. last week, data obtained by IHS Chemical show. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrene-stocks-fall-in-eastern-China_70366.html
May 13, 2015
Pars Petrochemical (Assaluyeh, Iran) plans to restart its styrene plant at Assaluyeh on 24–25 May after it was unexpectedly shut down due to a undisclosed mechanical fault, a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Pars-Petrochemical-aims-to-restart-styrene-plant-this-month_70357.html
May 13, 2015
South Korea’s benzene exports during the first half of May totaled only about 28% of overall shipments for April, data obtained by IHS Chemical shows. Close to 78,000...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/South-Koreas-benzene-exports-during-first-half-May-hit-28-percent-of-Aprils-total_70358.html
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