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January 27, 2015
Lotte Chemical (Seoul) restarted its butadiene extraction unit at Daesan, South Korea, today, after completing repairs, a source close to the company says. The 150,000-m.t./year...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Lotte-restarts-butadiene-unit_67228.html
January 27, 2015
Winter Storm Juno in the northeastern United States could reduce aromatics operations for several producers in the region. The National Weather Service (Silver Spring, MD) issued...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Winter-Storm-Juno-may-impact-northeast-US-aromatics_67225.html
January 26, 2015
Methanex has started up a 1.0-million m.t./year methanol plant that has been relocated from Chile to Geismar, LA."This accomplishment marks another key milestone in our 2013 commitment to grow our [annual] operating capacity by approximately 3.0 million m.t. over three years, and it will support our continued growth and strategic focus on global methanol leadership,” says John Floren, president and CEO....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-brings-first-relocated-Geismar-methanol-plant-online_67212.html
January 26, 2015
Phosphate fertilizer producer MBAC Fertilizer (Toronto) has put its Itafós Arraias, Brazil, operations into minimum production mode to conserve working capital because now is...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Brazil-fertilizer-producer-ponders-mothballing-operations-partnering-or-divesting-assets_67204.html
January 26, 2015
Mixed xylene (MX) spot prices picked up during the past week in the United States, alongside reduced production, but demand remains weak in domestic as well as overseas markets. Many...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/mixedxylenes/Demand-for-mixed-xylenes-exports-from-US-is-still-lackluster_67190.html
January 26, 2015
Valero Energy has confirmed that it has begun a planned turnaround on mixed xylenes (MX) at the company's Corpus Christi, TX refinery. Valero says the turnaround for MX began on 16...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/mixedxylenes/Valero-confirms-planned-MX-outage-at-Corpus-Christi_67192.html
January 23, 2015
Pöyry (Vantaa, Finland) says that it has been awarded an engineering, procurement, and construction management (EPCM) services assignment by Yara International for a previously...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Yara-awards-EPCM-services-assignment-to-Finnish-firm-for-fertilizer-expansion_67176.html
January 23, 2015
Europe's styrene market has made steady gains through this week on the back of renewed buying interest for prompt material as traders moved to put together cargoes for export. Trading...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Prompt-export-demand-pushes-styrene-prices-up-in-Europe_67171.html
January 23, 2015
South Korea's benzene exports to China have increased in January on month-on-month and year-on-year (YOY) bases, data obtained by IHS Chemical show. Volatile crude oil futures have put...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/South-Koreas-benzene-exports-to-China-rise-amid-crude-volatility_67165.html
January 23, 2015
Production of several major aromatics products declined in Japan during 2014, data from the Japan Petrochemical Industry Association (JPIA; Tokyo) show. JPIA posted data for 18...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Japans-aromatics-production-declined-in-2014_67159.html
January 22, 2015
The US benzene market was firming this week alongside stronger numbers coming out of Asia, position taking ahead of the upcoming February contract settlement; as well as planned and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/US-benzene-firms-well-above-$2-00gal-mark_67127.html
January 22, 2015
Boardwalk Pipeline said on Thursday that the work to remove the in-line inspection tool that was stuck on the Evangeline ethylene pipeline should be completed by the end of this...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Inspection-tool-to-be-removed-from-Evangeline-Pipeline-by-end-week_67126.html
January 22, 2015
China American Petrochemical Co. (Capco), a joint venture between BP and CPC Corp. (Taipei), has announced that it will decommission its five purified terephthalic acid (PTA) plants at...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/BPs-Capco-JV-to-decommission-five-PTA-plants-in-Taiwan-close-site_67083.html
January 22, 2015
National Industrialization Co. (Tasnee) said today that it signed an Islamic Murabaha financing agreement for 1.2 billion Saudi riyals ($319.4 million) with each the Riyadh Bank and...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/titanium_dioxide/Tasnee-signs-financing-agreement-to-fund-acquisition-of-additional-shares-in-Cristal_67081.html
January 22, 2015
Mitsui Chemicals is operating its steam cracker at Chiba, Japan, at about 80% of capacity after the company reduced runs from 100% on 20 January, Mitsui said today. The cracker was...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Mitsui-runs-Chiba-cracker-at-80-percent-on-berth-repairs_67074.html
January 22, 2015
Saudi Aramco Total Refining & Petrochemical (Satorp), a joint venture in which Aramco holds 62.5% and Total the balance, has announced an increase in quarterly and annual net...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Satorp-reports-large-quarterly-and-annual-losses_67076.html
January 22, 2015
Saudi Arabian Mining Company (Ma’aden) has announced that its subsidiary Ma’aden Phosphate Co., (MPC) will shut down its ammonia plant located at Ras Al Khair City, Saudi...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Maaden-shuts-ammonia-plant-for-30-day-maintenance_67071.html
January 21, 2015
LyondellBasell Industries has shut down three propylene oxide (PO) units at the company's Bayport complex at Pasadena, TX, market sources say. The Bayport propylene oxide/tert-butyl...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene_oxide/LyondellBasell-idles-PO-units-at-Bayport-following-oxygen-pressure-loss_67063.html
January 21, 2015
Anellotech (Pearl River, NY), a green innovation and technology company, IFP Energies nouvelles (IFPEN) and its subsidiary Axens today announced a strategic alliance to develop and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Anellotech-IFP-and-Axens-form-alliance-to-commercialize-biobased-aromatics-technology_66965.html
January 21, 2015
Sinopec produced 10.7 million m.t. of ethylene in 2014, up 7.2% from 9.98 million m.t. in 2013, the company announced today. Sinopec's production accounted for 63% of China's overall...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sinopecs-ethylene-production-up-7-2-percent-in-2014_67037.html
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