IHS Chemical Week

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February 8, 2016
Yara International (Oslo) announced on Monday that it is making several organizational and management changes to improve strategic focus. The news comes shortly after Yara announced a...
February 5, 2016
Indian Prime Minister Narendra Modi on Friday officially inaugurated the long-delayed 100 billion Indian rupees ($1.48 billion) Brahmaputra Cracker and Polymer complex at Lepetkata...
February 4, 2016
Office Chérifien des Phosphates (OCP; Casablanca) has inaugurated a fertilizer production unit, named Africa Fertilizer Complex, at Jorf Lasfar, Morocco. OCP invested a total of...
February 4, 2016
Uralchem (Moscow), a leading producer of fertilizers focusing on the nitrogen and phosphate sectors, last year increased its total output by 4% to 5.89 million m.t. The nitrogen...
February 4, 2016
Haldor Topsoe announced on Thursday that it has signed a contract with Badr-e-Shargh Petrochemical complex covering the license, engineering, proprietary equipment, materials and...
February 4, 2016
Mosaic announced on Wednesday that it will reduce phosphate production in response to current crop nutrient market conditions. The company intends to reduce production by up to 400,000...
February 3, 2016
Turnaround season in the North American styrene market began this week when Americas Styrenics (Amsty) took down a production line at its Donaldsonville, LA, facility for three weeks of planned maintenance. The turnaround is expected to have little impact on the styrene market, as all February contractual material has already been secured by consumers....
February 3, 2016
Olin reports a net loss for the fourth quarter of $59.3 million, down from earnings of $12.8 million in the year-ago period. Sales totaled $1.267 billion, up from $500 million on the acquisition of Dow’s chlorine products business in October 2015. Adjusted earnings of 31 cts/share beat the average analyst estimate of 20 cts/share as compiled by Thomson Reuters (New York)....
February 2, 2016
LyondellBasell reports net income for the fourth-quarter of $795 million, up 0.5% year-over-year (YOY) from $791 million. Sales totaled $7.071 billion, down 31.3%. Adjusted earnings of $2.20/share beat the average analyst estimate of $2.14/share as compiled by Thomson Reuters (New York). Lower ethylene margins took a large chunk of the earnings, partly offset by higher polyolefin volumes and margins....
February 2, 2016
US fourth-quarter propylene production increased, although inventories decreased, according to data released this week by the American Fuel & Petrochemical Manufacturers (AFPM)....
February 2, 2016
The US January ethylene net transaction contract settled lower for the second consecutive month on Tuesday, coming on the back of strong operating rates, healthy supply and bearish sentiment during January. The January ethylene net transaction (NT) contract price settled at 24.75 cts/lb, down by 1.00 ct/lb from December....
February 2, 2016
Europe's styrene barge contract for February has settled at €925/m.t. fob Rotterdam, a decrease of €50/mt. from the January settlement. Following decreases in the benzene and...
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