IHS Chemical Week

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

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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...
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...
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...
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....
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...
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...
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...
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...
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...
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...
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...
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...
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...
August 9, 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...
August 7, 2007
BP says it has declared force majeure on vinyl acetate monomer (VAM) at Hull, U.K. for July due to continuing production problems. BP produces 230,000 m.t./year of VAM at Hull...
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