IHS Chemical Week

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May 22, 2012
Technip (Paris) has reached a definitive agreement to acquire the energy and chemicals (E&C) business of Shaw Industries for €225 million ($287 million)....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Technip-to-Acquire-Shaws-Energy-and-Chemicals-Group-for-&euro225-million-Update_43652.html
May 21, 2012
Braskem (São Paulo) and Grupo Idesa (Mexico City) say they have received final approval for $300 million in financing from the International Finance Corporation (Washington)...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Ethylene-XXI-Receives-Financing-Environmental-Approvals_43631.html
May 18, 2012
This Week on CW:   At APIC 2012 in Kuala Lumpur, speakers and attendees discussed the positive outlook for Asia’s petrochemicals sector, calling it a bright spot in an...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Chemical-Industry-Weekly-News-Round-Up-May-18_43621.html
May 18, 2012
Braskem (São Paulo) reported first quarter Ebitda of of R$787 million ($395 million), down 11% from the year-ago quarter, due to pricing pressures and increased raw material...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Braskem-Earnings-Drop-Updates-Ethylene-XXI-Status_43569.html
May 18, 2012
Eramo: Asian demand will drive global growth. The state of the global petrochemical industry and strategies for chemical markets in Asia topped discussion at the Asia Petrochemical...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/APIC-2012-A-Positive-Outlook-For-Asias-Petchem-Industry_43562.html
May 18, 2012
Woelfel: Positioning the company for growth. Nova Chemicals has set out to capitalize on abundant and cost-advantaged ethane by expanding ethylene and polyethylene (PE) operations in...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Nova-Chemicals-Boosting-Feedstocks-Reaping-Benefits_43534.html
May 17, 2012
Sabic says that its previously announced project to upgrade the Olefins 4 plant at the company's petrochemical production complex at Geleen, the Netherlands will cost €135...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sabic-to-Invest-&euro135-Million-for-Olefins-Upgrade-in-the-Netherlands_43541.html
May 11, 2012
This Week on CW:   Westlake has dropped its $1.3-billion unsolicited bid for Georgia Gulf after the rival vinyls maker refused to enter into negotiations.   Ineos is...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Chemical-Industry-Weekly-News-Round-Up-May-11_43431.html
April 30, 2012
  Nizhnekamskneftekhim (Nizhnekamsk, Russia), one of the largest petchems producers in Russia, has selected the Lummus ethylene and Linde alpha olefins processes for a major...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Nizhnekamsk-Signs-Contracts-with-Lummus-and-Linde-for-Petchems-Projects-in-Russia_43107.html
April 19, 2012
Dow Chemical says it will build a previously announced ethylene plant at its Freeport, TX complex to take advantage of low-cost feedstocks available from increasing U.S. supplies...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Dow-Selects-Freeport-TX-Site-for-New-Ethylene-Plant_42791.html
April 18, 2012
Jacobs Engineering says it has received an engineering, procurement, and construction management (EPCM) services contract from Sabic, to support the upgrade of the Olefins 4 plant at...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Jacobs-Awarded-Contract-for-Sabic-Olefins-Upgrade_42749.html
April 11, 2012
KBR says it has been awarded a contract by Ineos Olefins & Polymers USA to design and construct an ethylene furnace at Ineos's Chocolate Bayou olefins complex at Alvin, TX. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/KBR-Awarded-Contract-for-Ineos-Ethylene-Hike-at-Chocolate-Bayou_42628.html
April 10, 2012
CB&I says it has been awarded a contract by Williams Olefins for a previously announced ethylene expansion at Geismar, LA. The contract is worth about $300 million, CB&I says...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/CB-and-I-Awarded-Contract-for-Williams-Ethylene-Expansion-at-Geismar_42604.html
March 30, 2012
This Week on CW:   At the IHS World Petrochemical Conference, held this week in Houston, Gary Adams, chief advisor for IHS Chemical, told attendees that global basic chemicals...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Chemical-Industry-Weekly-News-Round-Up-Mar-30_42417.html
March 30, 2012
Revolutionary changes for the North American petrochemical industry are occurring due to new shale gas resources, Skip Teel, v.p./olefins at Westlake Chemical, told attendees at IHS...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/IHS-WPC-2012-Ethane-Supply-Provides-Boost-to-U-S-Petrochemical-Producers-Westlake-Says_42378.html
March 30, 2012
Braskem (São Paulo) says it has a signed a deal with Mitsubishi Heavy Industries to supply three compressor trains for the planned 1.05 million m.t./year Ethylene XXI complex at...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Mitsubishi-to-Supply-Compressor-Trains-for-Braskem-Idesa-Ethylene-XXI-Project_42403.html
March 29, 2012
A significant premium in crude oil prices relative to natural gas has made ethane-to-ethylene economics in North America very profitable once again. Midstream energy and petrochemical companies are making significant investments in the North American market to leverage low-cost natural gas and natural gas liquids (NGL) feedstocks, Mark Eramo, v.p./research and analysis at IHS Chemical told attendees at the IHS World Petrochemical Conference currently being held in Houston....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/IHS-WPC-2012-North-American-Shale-Developments-Reshaping-Global-Ethylene-Markets_42366.html
March 29, 2012
Global petrochemical and plastics demand will expand about 4.4%/year through 2020, Gary Adams, chief advisor for IHS Chemical, told attendees at IHS Chemical’s World Petrochemical Conference being held this week in Houston. Petrochemical earnings should reach a global peak in 2015-2017, he adds.
...

http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/IHS-WPC-2012-Basic-Chemical-Demand-to-Hit-1-Billion-m-t-year-in-2020_42363.html
March 28, 2012
Showa Denko says it has temporarily suspended operations at its ethylene plant at the company’s production complex at Oita, Japan, for repair. The two-line ethylene plant has a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Showa-Denko-Temporarily-Shuts-Ethylene-Plant_42345.html
March 28, 2012
Toyo Engineering (Narashino, Japan) says it has been jointly awarded with the Engineering for the Petroleum & Process Industries (Enppi; Cairo), a contract to build a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Toyo-Engineering-Awarded-Contract-for-Ethylene-Plant-in-Egypt_42343.html
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