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December 3, 2013
Ineos says it will be closing a number of old manufacturing assets at Grangemouth, UK., which will lead to some job cuts but not as many as 200, which Unite union feared. A spokesman...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Ineos-to-close-plants-at-Grangemouth-US-shale-gas-will-help-profitability_57054.html
November 12, 2013
TPC Group says it will spend about $5 million restart one of its two idled dehydrogenation units at Houston. Commencement of construction is contingent on obtaining the necessary...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/TPC-Group-to-Restart-Dehydrogenation-Unit-at-Houston_32641.html
November 12, 2013
TPC expects engineering design optimization for the project to be complete by the end of the third quarter of 2013, with start-up to come in 2016....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/TPC-gets-green-light-for-on-purpose-butadiene_50065.html
November 11, 2013
Axens (Rueil-Malmaison, France), IFP Energies Nouvelles (Ifpen; Rueil-Malmaison), and Michelin have launched BioButterfly, a plant chemistry research partnership that aims to develop...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Axens-partners-with-Michelin-IFP-in-French-research-initiative-for-biobased-butadiene_56616.html
October 31, 2013
Lanxess has extended a long-term agreement with Nova Chemicals to supply crude C4 as raw material for Lanxess’s North American production assets. Financial details have not been disclosed....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Lanxess-extends-North-America-C4-supply-agreement-with-Nova-Chemicals_56345.html
October 16, 2013
TVK (Tiszaújváros, Hungary) has begun construction of a 130,000-m.t./year plant for the recovery of butadiene, parent MOL Group (Budapest) said on 15 October. MOL expects to commission the plant in the second quarter of 2015....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/TVK-begins-construction-of-butadiene-plant-in-Hungary_55976.html
July 19, 2013
Weak tire demand has resulted in falling butadiene and styrene butadiene rubber (SBR) prices, according IHS Chemical's most recent Market Advisory Service: Global C4 Olefins &...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Weak-tire-demand-worldwide-puts-pressure-on-butadiene-and-SBR-prices_53737.html
July 12, 2013
Global Bioenergies (Evry, France), a developer of light olefin bioproduction processes, says it has closed a share issue that it launched on 27 June, raising a total of €23...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/French-bioolefins-company-raises-&euro23-million-via-share-issue_53595.html
May 21, 2013
Cobalt Technologies (Mountain View, CA) says it has partnered with two unnamed Asian companies for the development of biobased butadiene. The deal calls for the construction of a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Cobalt-signs-biobased-butadiene-deal_52066.html
May 21, 2013
OMV (Vienna) has earmarked €230 million ($301.6 million) to build a new butadiene plant at its Burghausen, Germany, refinery site and upgrade the company’s existing...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/OMV-to-invest-in-new-butadiene-capacity-in-Germany-and-Austria_52056.html
May 9, 2013
Braskem's first quarter earnings totaled R$227 million ($113 million), up 49% year-over-year (YOY) from R$152 million, but down 18% sequentially from R$275 million in the fourth quarter of 2012....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Braskem-first-quarter-net-income-up-49-percent_51886.html
May 7, 2013
OMV (Vienna) has earmarked €230 million ($301.6 million) to build a new butadiene plant at the petrochemical complex that forms part of the company's Burghausen, Germany, refinery...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/OMV-earmarks-&euro230-million-for-new-butadiene-capacity-in-Germany-and-Austria_51815.html
May 3, 2013
Kraton Performance Polymers (Houston) on Wednesday reported adjusted earnings per share of 7 cts/share, down 86% year-over-year (YOY) and well below the analyst consensus estimate of...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Kraton-earnings-fall-YOY_51708.html
April 26, 2013
Shell Chemicals' steam cracker at Moerdijk, Netherlands, is experiencing technical difficulties that have delayed the plant's restart following planned maintenance, unconfirmed reports...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Reports-Technical-difficulties-delay-restart-of-Shells-Moerdijk-cracker_51527.html
April 23, 2013
Europe's butadiene producers are expected to benefit from growing demand and limited yields despite recent uncertainty over the short-term direction of butadiene prices, IHS Chemical...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/European-butadiene-producers-poised-to-benefit-from-limited-supply-and-new-capacity_51362.html
April 18, 2013
Wison Engineering (Shanghai) has developed proprietary butene oxidization and dehydrogenation technology to produce butadiene, the company announced. The novel technology, featuring a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Chinese-engineering-firm-develops-proprietary-butene-dehydrogenation-technology_51280.html
April 11, 2013
Versalis and Genomatica (San Diego) have signed a definitive joint venture agreement for the development, licensing, and production of biobased butadiene, the companies said today...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Versalis-and-Genomatica-launch-biobased-butadiene-development-and-licensing-joint-venture_51072.html
March 22, 2013
Global styrene butadiene rubber (SBR) prices are expected to be torn in the first half of this year between soft demand downstream from tire manufacturing, as the automotive sector...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Export-opportunities-will-drive-SBR-markets-during-the-second-half-of-2013_50701.html
March 19, 2013
Ube Industries (Tokyo), Mitsubishi Corp. (Tokyo), Lotte Chemical (Seoul), and Lotte Chemical’s wholly owned Lotte Chemical Titan (Kuala Lumpur) subsidiary have established a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/Ube-Lotte-Chemical-and-Mitsubishi-form-joint-venture_50525.html
March 1, 2013
Oversupply and sluggish demand will continue to impact the price of acrylonitrile butadiene styrene (ABS) in Europe throughout 2013 with changes mostly dictated by feedstock prices, a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/butadiene/European-ABS-prices-to-stagnate-in-2013-on-poor-demand-oversupply_50133.html
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