Archives :: Markets :: Basic Chemicals :: Petrochemicals :: Acetic acid
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September 8, 2008Sterling 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, 2008Prices 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...
March 21, 2008BP 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...
January 28, 2008BP 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, 2008Celanese 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...
October 22, 2007Reported 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, 2007Celanese 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, 2007Celanese 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, 2007Celanese 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 8, 2007Fluor says it has been awarded a $1-billion contract to provide engineering, procurement, construction management, and pre-commissioning services to Saudi International...
August 7, 2007BP 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...
July 30, 2007Adhesives Research has named Geoff Bennett president. Goldschmidt Chemical, a Degussa subsidiary. has appointed Steven Snead-Smith business line director/polyurethanes for North...
July 30, 2007Celanese says it has extended force majeure on acetic acid after initial attempts to restart its 1.2-million m.t./year Clear Lake, TX plant were unsuccessful. Celanese also expanded...
July 30, 2007Praxair China (Shanghai), a Praxair subsidiary, says it has signed a contract for the supply of industrial gases to an acetic acid plant operated by Jiangsu Sopo Group (Zhenjiang...
July 25, 2007Celanese says it has declared force majeure on acetic acid due to an unplanned outage at its 1.2-million m.t./year Clear Lake, TX plant. The company says it expects operations to...
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