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December 12, 2013
Technip announced today that it has extended its long-standing agreement with BP in the field of engineering services for purified terephthalic acid (PTA) plants based on BP’s...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Technip-and-BP-extend-PTA-plant-alliance_57305.html
December 12, 2013
Fertilizer producer Acron (Velikii Novgorod, Russia) and its Canadian subsidiary North Atlantic Potash today reported that their joint venture with Rio Tinto Potash Management, has...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Acron-gives-an-update-on-its-huge-potash-deposit-in-Saskatchewan_57303.html
December 11, 2013
Uralkali (Berezniki, Russia), one of the world’s leading potash producers, has announced that, on 10 December, the Russian court decided to change the detention of Vladislav...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Uralkali-CEOs-detention-switched-to-house-arrest_57262.html
December 11, 2013
Qatar Petroleum (QP; Doha) has signed a memorandum of understanding (MOU) with Zeon Corp. (Tokyo) and Mitsui & Co. for the development of an integrated world-scale butadiene...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Qatar-Petroleum-signs-agreement-for-Ras-Laffan-butadiene-elastomer-project_57269.html
December 11, 2013
PTT Global Chemical (PTTGC; Bangkok) today released more information regarding its manufacturing joint verture's heads of agreement (MJV-HOA) with Pertamina, the Indonesian national...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Pertamina-and-PTTGC-sign-HOA-for-Indonesian-petchems-JV-Update_57231.html
December 10, 2013
Elekeiroz (São Paulo) has acquired an oxo gas plant that supplies its facility in Camaçari, Brazil, from Air Products. Elekeiroz, a producer of plasticizers, announced the move on 10 December. The deal includes the transfer of the plant’s employees and the purchase of equipment to adapt the plant’s product mix. Including the cost of integration, Elekeiroz values the investment at 70 million reais ($30 million)....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/oxoalcohols/Elekeiroz-acquires-Air-Products-oxo-gas-plant-in-Brazil-updated_57225.html
December 10, 2013
Israel Chemicals Ltd. (ICL; Tel Aviv) has agreed to freeze its plans to lay off employees, according to a Globes reports published today. ICL has agreed to intensive talks with the...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Report-Israel-Chemicals-freezes-layoff-plans_57247.html
December 10, 2013
Michelin and sugar producer Tereos (Lille, France) have signed an agreement to pool their respective skills and capabilities with the goal of jointly developing innovative...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Michelin-and-French-sugar-ethanol-producer-partner-in-biobased-butadiene-project_57244.html
December 10, 2013
Waterfront Shipping (Vancouver, BC), the marine transportation subsidiary of Methanex, said on Monday that it has reached an agreement with Mitsui O.S.K. Lines (MOL; Tokyo)...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanexs-shipping-subsidiary-orders-new-methanol-powered-vessels_57239.html
December 10, 2013
PT Chandra Asri Petrochemical (Jakarta) says it has secured financing for a previously announced ethylene expansion project at Cilegon, Indonesia. The company has obtained loans...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Chandra-Asri-raises-loan-to-support-cracker-expansion-project_57230.html
December 9, 2013
Mosiac announced today that it has entered into an agreement to repurchase 43.3 million restricted Class A shares over the next eight months from the Margaret A. Cargill Foundation and...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Mosaic-repurchases-43-3-million-Cargill-shares_57200.html
December 9, 2013
Uralkali (Berezniki, Russia), one of the world’s largest potash producers, announced today that its trading arm Uralkali Trading has concluded an agreement with the Federal Land...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Uralkali-forms-potash-distribution-joint-venture-in-Malaysia_57190.html
December 6, 2013
Sonatrach (Oran, Algeria), an Algerian-government owned hydrocarbon and oil company, announced today that it is nearing completion of its new para-xylene (p-xylene) crystallization...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Algerian-oil-company-builds-p-xylene-plant_57185.html
December 6, 2013
The Export-Import Bank of the United States (Ex-Im Bank; Washington) has authorized a $640.7-million direct loan to Socar Turkey Aegean Refinery (STAR; Istanbul) to finance the export...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/mixedxylenes/Ex-Im-Bank-authorizes-$641-million-loan-to-refinery-petchems-project-in-Turkey_57168.html
December 6, 2013
Koch Fertilizer says it will change its name to Koch Ag and Energy Solutions, with the newly renamed entity serving as a holding company for Koch Fertilizer, Koch Energy Services, and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Koch-Fertilizer-forms-new-holding-company-changes-leadership_57162.html
December 5, 2013
The European Court of Justice (Luxembourg) has dismissed the appeals of Solvay, Caffaro (Torviscosa, Italy), and SNIA (Milan), and upheld a 2006 European Commission decision to fine...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/European-court-dismisses-Solvays-appeal-against-hydrogen-peroxide-cartel-fine_57109.html
December 5, 2013
Rentech Nitrogen announced today that repairs damage from a fire at its East Dubuque, IL facility, which occurred on 28 November, will cost about $1-2 million. The company says the...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Rentech-Nitrogen-reports-$2-million-damage-from-East-Dubuque-fire_57106.html
December 5, 2013
Repsol said today that it is restarting production at its high-density polyethylene and low-density polyethylene plants at Tarragona, Spain, following a turnaround at the ethylene and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Repsol-resumes-production-of-PE-at-Tarragona-ships-ethylene-from-its-Sines-cracker_57099.html
December 4, 2013
CF Industries’ shares surged up over 9%, to $235.17/share, today after the company announced partnership talks at Citi’s Basic Materials Symposium in New York. The company...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/CF-Industries-shares-jump-on-MLP-talks_57092.html
December 4, 2013
Ineos is building a new furnace at its Rafnes, Norway, steam cracker, to expand the plant's ethylene capacity, according to a Reuters report. The project coincides with Ineos's plans...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Report-Ineos-to-expand-ethylene-capacity-at-Rafnes_57073.html
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