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August 2, 2013
Indian Potash (IPL; New Delhi) and Zuari Industries, India’s 2 largest buyers of potash, say they plan to renegotiate their existing contracts, following a decision by Uralkali...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Indian-buyers-to-renegotiate-potash-contracts-following-collapse-of-cartel_54186.html
August 1, 2013
Petronas Chemicals has announced that its Petronas Glycols and Petronas Chemicals Derivatives facilities have resumed production after completion of rectification works at Petronas...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_glycol/Petronas-Chemicals-brings-glycols-and-derivatives-units-back-online_54181.html
August 1, 2013
INEOS ChlorVinyls says it has completed the sale of its packed chlorine business in the United Kingdom to 2M Group. The value of the deal was not disclosed. The sale consists of the...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Ineos-ChlorVinyls-sells-UK-packed-chlorine-business-to-2M-Group_54180.html
August 1, 2013
PhosAgro’s newly elected CEO Andrey Guryev says that the likely collapse of the BPC potash cartel, following Uralkali’s recent announcement that it would exit the...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Collapse-of-potash-cartel-likely-to-benefit-phosphate-producers-PhosAgros-CEO-says_54143.html
August 1, 2013
EuroChem (Moscow), Russia’s largest fertilizer company and a top-10 fertilizer player globally, today announced that it has restarted the sinking of the cage shaft at its...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/EuroChem-makes-progress-with-VolgaKaliy-potash-project-following-problems-with-Shaft-Sinkers_54142.html
July 31, 2013
The Indian government has raised about $17 million through the divestment of a 7.64% stake in National Fertilizers Ltd. (NFL; Noida, India), the country’s second largest producer...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Indian-government-raises-$17-million-through-sale-of-stake-in-National-Fertilizers_54127.html
July 31, 2013
Badger Licensing (Boston, MA) has announced that it has been awarded a contract by Aramco Services and Sumitomo Chemical to provide its proprietary technology for a 384,000-m.t./year...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/cumene/Badger-licenses-cumene-technology-to-Petro-Rabigh_54123.html
July 31, 2013
Williams announced today that it will restart its damaged Geismar, LA olefins plant in April 2014. The plant has been offline since an explosion on 13 June that killed two employees...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Williams-expects-to-bring-Geismar-cracker-back-online-in-April-2014_54116.html
July 31, 2013
LG International (Seoul) says it will acquire a 29% stake in a coal-based urea plant owned by Boyuan Group (Jiaxing City, China). The deal follows a memorandum of understanding signed...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/LG-International-to-acquire-stake-in-Chinese-coal-based-urea-plant_54101.html
July 31, 2013
PhosAgro (Moscow) a leading integrated phosphate fertilizer producer, today released its production figures for the six months ended 30 June. Combined fertilizer production and...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/PhosAgro-releases-first-half-fertilizer-output-data-elects-new-CEO_54100.html
July 31, 2013
Mexichem's (Tlalnepantla, Mexico) previously announced vinyl chloride monomer (VCM) joint venture with Pemex (Mexico City) is expected to start operating during the third quarter...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Mexichem-expects-VCM-venture-with-Pemex-to-launch-in-third-quarter-posts-48-percent-net-profit-fall_54096.html
July 30, 2013
Methanex says it has made an initial $5-million investment in renewable methanol producer Carbon Recycling International (CRI; Reykjavík). CRI operates the world's first...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-invests-in-Icelandic-renewable-methanol-firm_54062.html
July 30, 2013
Uralkali (Berezniki, Russia), a leading producer of potash, has decided to stop selling potash through Belarusian Potash Co. (BPC; Minsk), an export cartel jointly operated by Uralkali...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Uralkali-withdraws-from-Belarus-potash-export-cartel_54061.html
July 30, 2013
Dragon Aromatics (Xiamen, China) will delay the start-up of its 800,000-m.t./year para-xylene plant at Gulei, China by a week, following an explosion caused by leaks at a hydrogen...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Report-Dragon-Aromatics-delays-start-up-of-p-xylene-plant-following-accident_54068.html
July 30, 2013
A later than usual winter season helped salt sales for Compass Minerals in the second quarter, though potash constraints hurt its specialty fertilizer business. Net income of $10.6...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Compass-Minerals-reports-strong-salt-sales-potash-constraints-in-earnings_54040.html
July 29, 2013
Foster Wheeler announced today that it has been awarded a contract by Dow Chemical to provide detailed engineering, procurement, and construction management services for the LA-3 Crack...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Foster-Wheeler-awarded-contract-to-retrofit-Dows-Plaquemine-cracker_54020.html
July 29, 2013
At the Ethylen-Pipeline-Süd opening ceremony: (l to r) Rudolf Staudigl, president/CEO of Wacker Chemie; Martin Zeil, Bavaria’s minister of economic affairs; Günther...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Germanys-Ethylen-Pipeline-Sud-brought-onstream_54019.html
July 28, 2013
Saudi International Petrochemical Co. (Sipchem; Al Khobar, Saudi Arabia) announces today that International Methanol Co. (IMC), one of Sipchem’s affiliates, signed an Islamic...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/International-Methanol-Co-signs-loan-agreement_53996.html
July 27, 2013
Yacimientos Petroliferos Fiscales Bolivianos (YPFB; La Paz, Bolivia) on Friday signed a testing, inspection and certification contract with Bureau Veritas Argentina (Buenos Aires) for...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/YPFB-signs-ammonia-urea-certification-contract-with-Bureau-Veritas_53989.html
July 26, 2013
Dow Chemical says it has completed the sale of its styrenics unit, Styron, to Bain Capital (Boston) for $1.63 billion. The company placed Styron up for sale in July 2009 and announced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Dow-Completes-Sale-of-Styron-Business_27502.html
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