IHS Chemical Week

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

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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
July 1, 2009
Saudi International Petrochemical Co. (Sipchem; Al Khobar, Saudi Arabia) says it has sold an 11% stake in two affiliates, International Acetyls Co. and International Vinyl Acetate Co....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Sipchem-Sells-Stake-in-Saudi-Acetyls-Affiliates-to-Kuwaiti-Firm_19940.html
April 24, 2009
Celanese has confirmed that it will permanently close its acetyls complex at Pardies, France with the loss of 354 jobs. The company did not announce a date for the closure. The Pardies...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Celanese-Confirms-Permanent-Closure-Of-Acetyls-Complex-in-France_18468.html
September 8, 2008
Sterling Chemicals says it has extended its acetic acid supply agreement with BP Amoco Chemical (BP; Naperville, IL), extending their current deal through 2031. BP has the right to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Sterling-Extends-Acetic-Acid-Deal_14030.html
July 21, 2008
Prices U.S.: 58 cts-62 cts/lb del, July contracts EUROPE: €700-€800/m.t. fob NWE, spot ASIA: $680-$700/m.t. c&f Southeast Asia, spot Outlook Global acetic acid demand is...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/acetic-acid_13136.html
March 21, 2008
BP says it has signed a series of agreements to expand its business in China. The agreements include the commercialization of clean coal conversion technologies, wind power generation...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/BP-Signs-Deals-in-China-Builds-New-Acetic-Acid-Plant_9856.html
January 28, 2008
BP has signed a memorandum of understanding (MOU) with Sinopec to invest jointly in a 650,000-m.t./year acetic acid plant at Chongqing, China. The plant will be built by the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/BP-Builds-Another-Acetic-Unit-in-China-Celanese-Expands_10038.html
January 22, 2008
Celanese says it has entered into a long-term contract with Wison (Nanjing, China) for supply of carbon monoxide (CO) to support future expansion at Celanese’s 600,000 m.t./year...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Celanese-Secures-CO-Supply-for-Possible-Acetic-Expansion_9947.html
October 22, 2007
Reported adjusted earnings of 73 cts/share were 25% above analyst forecasts. The company also lifted its full-year adjusted earnings outlook to $3.10-$3.20/share from $2.85-$3.00/share...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Celanese-Earnings-Advance-17-percent-on-Acetyls-Strength_8474.html
August 27, 2007
Celanese says that it’s Clear Lake, TX acetic acid plant is now operating at its full capacity of 1.2-million m.t./year. Celanese declared force majeure at the site on May 14...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Celanese-Restarts-Clear-Lake-Plant-Lowers-Full-Year-Outlook-_7137.html
August 21, 2007
Celanese says it has extended force majeure on acetic acid after another failed attempt to restart its 1.2-million m.t./year Clear Lake, TX plant. Celanese first declared force majeure...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/acetic_acid/Celanese-Extends-Force-Majeure_7045.html
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