IHS Chemical Week

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January 19, 2016
Methanol Chemicals Co. (Chemanol; Dammam), an integrated producer of methanol and derivatives, on Tuesday reported significantly higher quarterly losses and a swing to a net annual...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/formaldehyde/Chemanol-losses-mount-on-lower-methanol-and-derivatives-prices-outages_76535.html
January 19, 2016
South Korea exported 630,386 m.t. of para-xylene (p-xylene) in December 2015—a new record high—according to the latest IHS Chemical data.This figure also includes South...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Para-xylene-trade-flow-reverses-again_76530.html
January 19, 2016
Amec Foster Wheeler announced Tuesday it has awarded a contract to provide project development support and design engineering for an integrated 80,000-m.t./year anhydrous ammonia...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Amec-Foster-Wheeler-to-build-ammonia-plant-in-California_76521.html
January 19, 2016
Kuwait’s Petrochemical Industries Co. (PIC; Safat) has acquired a 25% stake in SK Advanced (Ulsan), a joint venture which owns a recently completed propane dehydrogenation (PDH)...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Kuwaiti-firm-buys-minority-stake-in-SK-Advanced_76500.html
January 18, 2016
Trading and distribution company Helm (Hamburg) has entered into an exclusive marketing agreement with Raffinerie Heide (Hemmingstedt, Germany) under which Helm will market Raffinerie...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Helm-to-market-Raffinerie-Heides-entire-propylene-production_76505.html
January 18, 2016
Wacker has expanded production capacity for functional silicone fluids at the company's Burghausen, Germany, site, the company announced Monday. Investments in the expansion amount to...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/silicones/Wacker-completes-functional-silicone-fluid-capacity-expansion-at-German-site_76504.html
January 18, 2016
Styrolution has changed its name to Ineos Styrolution, the company announced on Monday. “We want to show which company we belong to and preserve our own identity at the same...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrolution-changes-name-to-Ineos-Styrolution_76501.html
January 18, 2016
The Texas Commission on Environmental Quality (TCEQ) has given preliminary approval to an air quality permit allowing Valero to build a 13,000 bbl/day alkylation unit at its Houston refinery, according to a notice published by on 13 January. Valero expects to make a final investment decision on the project during the first quarter, with startup slated for 2018, according to a company presentation released earlier this month....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Valeros-Houston-alkylation-project-gets-preliminary-approval-from-TCEQ_76517.html
January 18, 2016
South Korea's styrene exports to China were consistently high last year, with monthly volumes for the year peaking in December, according to recent data obtained by IHS Chemical...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/South-Koreas-styrene-exports-to-China-stay-high_76506.html
January 15, 2016
IHS Chemical estimated at the beginning of this year that a record volume of at least 170,000 m.t. of  benzene had been shipped from South Korea to the United States during...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/Record-South-Korea-US-benzene-exports-last-December-higher-than-anticipated_76482.html
January 15, 2016
AkzoNobel and Evonik Industries have broken ground on a previously announced joint venture project to make chlorine and caustic potash (KOH) at AkzoNobel's Ibbenbüren, Germany...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/chloralkali/AkzoNobel-Evonik-break-ground-on-chlorine-KOH-project-in-Germany_76476.html
January 15, 2016
Uralkali (Berezniki, Russia), one of the largest potash producers, has announced lower production during fourth-quarter and full-year 2015. The company produced 2.8 million m.t. of...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Uralkali-reports-lower-fourth-quarter-and-full-year-production-of-potash_76470.html
January 14, 2016
Marubeni Corp. (Tokyo) said on Friday that it will enter a manufacturing and repackaging of fertilizers business with a local partner in the Myanmar Thilawa SEZ in January...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/Marubeni-enters-fertilizer-business-in-Myanmar_76464.html
January 14, 2016

Turnaround season in the North American styrene market will start next month. Americas Styrenics will be on a planned catalysts turnaround at styrene facility in St. James, LA, in February. The facility has a combined capacity of 953,000 m.t./year.  The February turnaround is expected to impact one of the production lines.

...

http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/North-American-styrene-turnarounds-planned-for-February_76425.html
January 14, 2016

US benzene imports and exports increased in November, according to data from Global Trade Information Services (GTIS). Benzene imports to the US were approximately 220,000 m.t. in November, up by 38% from October. Net imports (imports-exports) totaled 211,000 m.t., up 38%.

...

http://www.chemweek.com/markets/basic_chemicals/petrochemicals/benzene/US-benzene-trade-up-in-November_76424.html
January 14, 2016
KBR said on Wednesday that it has acquired Weatherly Inc., Plinke GmbH, and Chematur Ecoplanning from Chematur Technologies, owned by Connell Chemical. The transaction price is $24.5...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/KBR-acquires-Chematur-Engineering-subsidiaries-strengthens-fertilizer-portfolio_76371.html
January 25, 2016
Saudi Arabian chemical producers are assessing the impact of the energy and feedstock price hikes announced by the Saudi government in its state budget on 29 December 2015. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Saudi-firms-reducing-costs-to-soften-blow-of-feedstock-and-energy-hikes_76348.html
January 12, 2016
Loop Industries (Los Angeles) has completed a pilot plant to validate the company's proprietary polyethylene terephthalate (PET) depolymerization technology, the company says. Positive...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene_glycol/US-firm-completes-PET-depolymerization-pilot-plant-to-produce-PTA-EG_76354.html
January 12, 2016
LG Chem's board has given final approval for the company's acquisition of Dongbu Farm Hannong (Seoul), South Korea's biggest producer of agricultural chemicals and fertilizers, from...
http://www.chemweek.com/markets/basic_chemicals/inorganic_chemicals/fertilizers/LG-Chem-to-enter-agchem-fertilizer-business-through-acquisition_76350.html
January 12, 2016
Alujain has announced that a sudden technical problem on Monday at its Natpet propylene and polypropylene (PP) manufacturing subsidiary at Yanbu, Saudi Arabia, has forced the company...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Saudi-Natpet-PP-complex-off-line-after-technical-problems_76345.html
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