IHS Chemical Week

Archives :: Markets :: Basic Chemicals :: Petrochemicals :: Acetic acid

Displaying 1 - 12 of 78 stories.
November 4, 2016
Celanese (Dallas) announced on 2 November an increase in the list and off-list prices of acetic acid in Asia, effective immediately. Prices have increased by 200 renminbi/metric ton in China, and by $25/metric ton in the rest of Asia. The company cites market conditions....
October 17, 2016
Celanese (Dallas) reports third-quarter net revenue of $263 million, up 74.2% year-over-year (YOY) as strong results in advanced materials offset declines in other segments. Sales totaled $1.323 billion, down 6.3% YOY. Adjusted EBIT totaled $319 million, up 4.6% YOY. Adjusted earnings of $1.67/share, beating the average analyst estimate of $1.61....
October 13, 2016
Crude oil prices need to hit $60-70/bbl so that petrochemical producers in the Middle East can have some “breathing room,” says Saudi International Petrochemical Co...
September 20, 2016
Celanese and Mitsui’s 50-50 joint venture methanol plant in Clear Lake, Texas, has been shut down after a power outage resulted in the loss of air compressors and boilers, according to a report Celanese has filed with the Texas Commission on Environmental Quality. In the filing, Celanese cites states that it expects air start-up, which began 19 September, to be completed 27 September....
August 22, 2016
Saudi International Petrochemical Co. said Monday technical issues involving its carbon monoxide plant at Al-Jubail, Saudi Arabia, have been resolved and production is back to normal....
August 15, 2016
Saudi International Petrochemical Co. (Sipchem) has announced that technical problems with its carbon monoxide (CO) plant, which occurred on 11 August at the International Gases Co. (IGC) subsidiary, have lowered operating rates at some of Sipchem's major plants at Al-Jubail, Saudi Arabia....
June 3, 2016
Celanese has reduced operating rates at its Bay City, TX, facility because heavy rain and flooding in parts of Texas this week have delayed traffic along the Colorado River, IHS Chemical understands....
June 2, 2016
Solvay today announced that it has completed the purchase of Eastman Chemical’s interest in their cellulose acetate flake joint venture, Primester (Kingsport, TN). Eastman and...
April 29, 2016
Saudi International Petrochemical Company (Sipchem; Al Khubar) says it will carry out scheduled turnaround maintenance on several of its manufacturing facilities at Jubail, Saudi...
April 15, 2016
Eastman (Kingsport, TN) has announced price increases on n-propyl alcohol and acetate, solvent blends, n-butyl acetate, and isophthalic acid, effective 1 May. The company cites raw material and other operating costs....
April 5, 2016
Celanese (Dallas) is raising the price of industrial ethanol in China by Rmb 100/m.t., and ethyl acetate in Europe by €30/m.t., effective immediately. The company attributes the increase to “recent market conditions.”...
March 29, 2016
Celanese has increased the price of acetic acid in China by Rmb200/m.t. ($30.73), citing “recent market conditions." Celanese announced a Rmb100/m.t. increase earlier this month. The price of feedstock methanol began to rebound in February....
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