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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
December 4, 2013
Lotte Chemical UK, a subsidiary of Lotte Chemical (Seoul), says it intends to close its purified terephthalic acid (PTA) plant at Wilton, UK, with the potential loss of 70 jobs. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/terephthalic_acid/Lotte-Chemical-to-close-PTA-plant-in-UK_57071.html
December 4, 2013
Solvay said today that it has decided to classify its chlorovinyls activities as assets for sale and discontinued operations as of the third quarter. The move follows the company's...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/vinyl_chloride/Solvay-classifies-chlorovinyls-operations-as-assets-for-sale_57068.html
December 3, 2013
EuroChem (Moscow), Russia’s largest fertilizer producer, and Migao Corp., a specialty potash fertilizer producer headquartered in Toronto and listed on the Toronto Stock...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/EuroChem-and-Migao-form-fertilizer-joint-venture-in-China-Update_57001.html
December 3, 2013
Ineos says it will be closing a number of old manufacturing assets at Grangemouth, UK., which will lead to some job cuts but not as many as 200, which Unite union feared. A spokesman...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Ineos-to-close-plants-at-Grangemouth-US-shale-gas-will-help-profitability_57054.html
December 3, 2013
LSB Industries says its Pryor, OK facility, which had been shut down in October for unplanned maintenance and to improve equipment reliability, will resume production this month. The...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/LSB-Industries-to-restart-Pryor-facility-this-month_57051.html
December 3, 2013
Ingleside Ethylene, the recently formed 50-50 joint venture between OxyChem, a subsidiary of Occidental Petroleum; and Mexichem, today announced that CB&I was awarded the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/CB-and-I-awarded-$1-billion-contract-for-OxyChem-Mexichem-cracker_57020.html
December 2, 2013
Dow Chemical is carving out a $5-billion chunk of its chlorine value chain for disposal as part of the company’s long-term shift to higher-margin, noncyclical activities, Dow announced on 2 December. Over 40 manufacturing facilities at 11 sites and nearly 2,000 employees will be affected. The assets are to be split into three units: epoxy, chlorinated organics, and North American chlor-alkali and vinyl....
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/Dow-carves-out-$5-billion-in-chlor-alkali-and-epoxy-assets-for-disposal_57029.html
December 2, 2013
Uralchem investors, led by owner Dmitry Mazepin, have agreed to buy 20% in Uralkali, the world's largest potash producer, Uralchem said today. The news follows Mikhail Prokhorov's...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Uralchem-and-Onexim-gain-joint-control-of-Uralkali_57021.html
December 2, 2013
K+S (Kassel, Germany) is today restarting production at the Unterbreizbach, Germany, potash mine. Operations at the mine were suspended on 1 October after three miners were killed...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/K+S-restarts-potash-mine-in-Germany-following-Octobers-fatal-accident_57013.html
November 29, 2013
The European Chemicals Agency (ECHA; Helsinki) says it has concluded substance evaluation on four substances—ethylene oxide, tributyl phosphate, m-tolylidene diisocyanate, and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_oxide/ECHA-concludes-evaluation-on-four-substances_56996.html
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