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

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June 14, 2013
Oil India (Noida) will acquire a 49% stake in Assam Petrochemicals' expansion project planned at Namrup, in the Indian state of Assam. The government of Assam holds a majority stake in...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Oil-India-to-take-49-percent-stake-in-Assam-Petrochemicals-Namrup-project_52832.html
May 22, 2013
Oxea announced that it has successfully started operations at its new carboxylic acids plant at Oberhausen, Germany—boosting the company’s carboxylic acid production...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Oxea-starts-operations-at-German-carboxylic-acids-plant_52246.html
March 13, 2013
ZeaChem (Lakewood, CO) says it has successfully produced commercial-grade cellulosic chemicals and ethanol at its 250,000-gal/year demonstration biorefinery at Boardman, OR...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/ZeaChem-starts-production-of-commercial-grade-cellulosic-chemicals_50471.html
January 29, 2013
The company projects adjusted earnings growth between 45 cts/share and 50 cts/share in 2013, a gain of 12–13%....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Celanese-earnings-flat-on-lower-volumes-and-pricing_49413.html
December 19, 2012
Ineos says it has renewed an agreement with BP for the supply of acetic acid feedstock to Ineos's vinyl acetate monomer (VAM) plant at the Saltend Chemicals Park in Hull, UK. BP...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Ineos-renews-agreement-with-BP-for-acetic-acid-supplies-to-VAM-plant-in-UK_48494.html
October 28, 2012
Petrobras has licensed the Chiyoda Acetica acetic acid technology for a previously announced gas-to-chemicals complex at Linhares in southeast Brazil. The technology was licensed...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Petrobras-to-use-Chiyodas-Acetica-acetic-acid-process-in-gas-to-chemicals-complex_47310.html
January 18, 2012
Celanese cut its full-year 2011 adjusted earnings outlook to $4.45/share, 15 cts-25 cts below its previous estimates, citing weak European demand for acetyl intermediates. Celanese's updated estimate implies fourth-quarter adjusted earnings of 56 cts/share, about 31% below the average analyst estimate as reported by Thomson Reuters (New York)....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Celanese-Cuts-2011-Earnings-Outlook-on-Weak-European-Demand_40538.html
November 28, 2011
Indian Oil Corp. (IOC; New Delhi) says it has signed a memorandum of understanding with BP to explore the potential for establishing a 50-50 joint venture to build a 1-million...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/BP-Indian-Oil-JV-to-Build-Acetic-Acid-Plant-in-India_39352.html
June 14, 2011
Samsung-BP Chemicals Co. (Ulsan, Korea) will debottleneck its acetic capacity plant at the Ulsan complex. The company owned 51% by BP and 49% by Samsung will add 100,000 m.t./year...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Samsung-BP-Adds-Acetic-Acid-Capacity-in-Korea_35503.html
June 3, 2011
Reliance Industries’ chairman and managing director Mukesh Ambani, said in a speech at the company’s annual general meeting today that the company plans to increase the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Reliance-to-Increase-PBR-and-SBR-Capacity-Build-Acetic-Acid-Plant_35263.html
January 21, 2011
Celanese says it has signed an memorandum of understanding with Wison (Nanjing) to provide syngas for Celanese’s advanced ethanol production....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Celanese-Secures-Feedstock-for-Chinese-Ethanol-Plants_32331.html
June 28, 2010
Speculation is mounting on which businesses BP will sell as part of its announced asset disposal program to strengthen financial liquidity following the oil spill in the Gulf of...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Will-BP-Target-Chemicals-in-Asset-Disposal-Plan_27702.html
June 7, 2010
Saudi International Petrochemical Co. (Sipchem) has announced the commercial start-up of two units within its acetyls complex at Jubail. The company has started production at its...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Sipchem-Starts-Commercial-Production-of-CO-and-Acetic-Acid_27246.html
April 22, 2010
A wave of start-up companies are bringing new bioprocessing technologies from the laboratory to the market and making collaborative deals with chemical companies and other players from...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Biochemicals-Start-ups-Pick-their-Partners-with-videos_25731.html
February 19, 2010
The global growth in the petrochemicals market is driven by Asia, especially by China and India, and new investments will also be mainly in Asia, say speakers at the final day of the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/CW-India-Conference-Opportunities-to-Invest-in-Petrochemicals_24870.html
February 11, 2010
Showa Denko recorded a net loss of ¥38 billion ($422 million) for the full year 2009, compared with a net profit of ¥2.5 billion in 2008. Sales decreased by 32%, to ¥678...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Showa-Denko-Swings-to-Loss_24698.html
November 3, 2009
Sipchem has reported a 60% decline in net profit in the third quarter of this year to SR54.7 million ($14.6 million). Operating profit in the third quarter was SR31.6 million against...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Sipchems-Third-Quarter-Net-Profits-Down-60-percent_22242.html
August 24, 2009
BASF says it will increase the price of glacial acrylic acid and several acrylic esters on September 1, or as contracts allow. Glacial acrylic acid, butyl acrylate, ethyl acrylate...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/BASF-Announces-Price-Increase_20995.html
August 24, 2009
Saudi International Petrochemical Co. (Sipchem; Al Khobar, Saudi Arabia) has started initial operation at its carbon monoxide (CO) plant at Al Jubail. The unit, designed to produce...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Sipchem-Starts-up-Huge-CO-Plant-at-Al-Jubail_20974.html
July 13, 2009
Celanese says it will increase the prices of several solvents on July 15 or as contracts allow. Acetic acid will increase by 25 cts/lb in North America, $50/m.t. in Central and South...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Celanese-Increases-Solvent-Prices_20156.html
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