IHS Chemical Week

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November 3, 2014
Executives at Boardwalk Pipeline Partners (Houston), the new operator of the Evangeline ethylene pipeline—expected to be offstream through this month and possibly into...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Boardwalk-Pipeline-Revenue-impact-of-Evangeline-ethylene-pipe-leak-not-material_65059.html
November 3, 2014
Saudi International Petrochemical Co. (Sipchem) said today that it intends to stop production at IMC, its methanol production joint venture with a consortium of Japanese companies...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Sipchem-takes-large-methanol-complex-off-line-for-maintenance_65045.html
November 3, 2014
Several petrochemical plants and refineries in the United States will complete scheduled turnarounds over the next few weeks, and the additional production will enter an already...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/US-plant-turnarounds-end-amid-long-supplies-declining-prices_65057.html
November 3, 2014
Ethylene production in the United States totaled 13.7 billion lbs in the third quarter, up 3% from 13.3 billion lbs in the prior quarter, according to the latest production figures...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/AFPM-US-production-of-ethylene-fell-YOY-in-third-quarter_65055.html
November 2, 2014
Indian Oil (New Delhi) is developing a cracker project on the east coast of India based on shale gas ethane from the United States, CW has learned. S. Mitra, executive...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Indian-Oil-mulls-cracker-based-on-US-shale-gas-revives-acetic-acid-project-to-hike-SBR-capacity_65042.html
October 31, 2014
PDVSA (Caracas) and Hess Corp. (New York) have reached a tentative agreement to sell their 355,000- bbl/day Hovensa refinery at Saint Croix, US Virgin Islands, to Atlantic Basin...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/PDVSA-Hess-agree-to-sell-refinery-petchems-site-in-US-Virgin-Islands_65030.html
October 31, 2014
Rentech Nitrogen (Los Angeles) has signed a long-term agreement with Tessenderlo Kerley Inc. (TKI; Phoenix), a Tessenderlo Group (Brussels) subsidiary, to supply TKI with ammonia...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Rentech-agrees-to-supply-ammonia-to-Tessenderlo-Kerley-for-new-liquid-fertilizer-plant_65023.html
October 31, 2014
Europe's November ethylene contract price settled at €1,060/m.t. ($1,349) del northwest Europe (NWE), down €90/m.t. on October. The November propylene contract price also...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/November-olefin-contract-prices-settle-down-&euro90m-t-in-Europe_64959.html
October 30, 2014
Methanex (Vancouver, BC) reports third-quarter income of $52 million, down 40% year-over-year (YOY) from $87 million. Sales totaled $730 million, down 4% YOY from $758 million. Adjusted earnings of 69 cents/share beat the analysts’ consensus estimate of 64 cents/share compiled by Thomson Reuters....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-earnings-down-but-beat-estimates_64970.html
October 30, 2014
A July ethylene outage at the company’s Port Arthur, TX, facility took a large chunk out of Chevron Phillips Chemical’s (CPChem; The Woodlands, TX) third-quarter earnings. Phillips 66 reports that its chemical segment, a 50% equity interest in CPChem, turned in earnings of $230 million for the third quarter, a 29% year-over-year (YOY) decline from $324 million....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/CPChem-earnings-down-29-percent-on-Port-Arthur-outage_64958.html
October 30, 2014
Mosaic today reported third-quarter net earnings of $202 million, up 62% YOY. Earnings per share of 54 cts/share fell slightly below analyst estimates of 56 cts/share, according to...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Mosaic-earnings-up-on-phosphates-strength_64949.html
October 30, 2014
Intrepid Potash says that its third-quarter sales volumes were up, but the company reported a net loss of $1.2 million compared with a gain of $2 million one year earlier. A per-share...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Intrepid-Potash-reports-net-loss-for-third-quarter_64919.html
October 29, 2014
All major construction work related to the rebuild of Williams' (Tulsa, OK) damaged steam cracker at Geismar, LA—including an expansion project and safety-related equipment...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Williams-rebuilt-expanded-Louisiana-cracker-in-final-stages-of-commissioning-and-start-up_64889.html
October 29, 2014
Nova Chemical reports third-quarter income of $259 million, up 116% year-over-year (YOY) from $120 million, with all segments contributing to the gain. Sales totaled $1.427 billion, up 13% YOY from $1.263 billion....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Nova-doubles-third-quarter-income_64899.html
October 29, 2014
Verde Potash (Toronto) has been approved for a 57.5 million Reais ($22.9 million) credit line, to be sourced by Brazil's development bank BNDES (Rio de Janeiro), at a...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Verde-Potash-approved-for-R$57-5-million-credit-facility_64891.html
October 28, 2014
Mississippi Phosphates Corp (Pascagoula, MS), a producer of diammonium phosphate fertilizer (DAP) has filed for Chapter 11 bankruptcy protection. Two affiliates—Ammonia Tank...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Mississippi-DAP-fertilizer-producer-files-for-bankruptcy_64872.html
October 28, 2014
Compass Minerals reports a jump in third-quarter results, with year-on-year (YOY) net earnings rising skyrocketing to $87.9 million from $15.4 million on sales up 30% YOY, to...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Compass-Minerals-results-jump-on-insurance-settlement_64853.html
October 28, 2014
Westlake has held a dedication ceremony to celebrate the expansion of the company's Calvert City, KY, vinyls complex. Westlake spent in excess of $300 million for the project. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Westlake-dedicates-ethylene-PVC-expansions-in-Kentucky_64847.html
October 28, 2014
Cronus Chemical (Chicago) has chosen a site in eastern Illinois for the company's previously announced $1.4-billion fertilizer plant and plans to establish its US headquarters in...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Report-Cronus-Chemical-selects-site-in-Illinois-for-$1-4-billion-fertilizer-complex_64848.html
October 27, 2014
Benzene exports out of the European Union have been decreasing during 2014, according to trade data. Exports stood at 107,000 m.t. in the eight months to August compared with 126,000...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Europes-benzene-exports-decline-on-diminished-availability-lighter-feedslates_64810.html
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