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Archives :: Markets :: Basic Chemicals :: Petrochemicals :: Methanol

Displaying 1 - 20 of 238 stories.
July 31, 2015
TerraVerdae BioWorks (Edmonton, AB) has completed the scale-up optimization of its process to produce biodegradable polyhydroxyalkanoate (PHA) bioplastics from waste-derived methanol...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Bioplastics-start-up-optimizes-waste-methanol-to-PHA-process-scales-up-for-commercial-deployment_72643.html
July 30, 2015
Methanex posted net income attributed to shareholders of $104 million, down 17% year-on-year (YOY). Revenue of $638 million was down 19% YOY. Reported adjusted earnings of 56 cts/share...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-earnings-miss-estimates-on-production-shortfalls_72563.html
July 30, 2015
Methanol Chemicals Co. (Chemanol) reported a second-quarter net loss of 21.41 million Saudi riyals ($5.7 million) compared with a net profit of SR15.86 million in the year-earlier...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Saudi-methanol-producer-swings-to-loss-on-price-decline_72550.html
July 20, 2015
Celanese continues to develop plans for a second joint venture methanol project with Mitsui & Co., says chairman and CEO Mark Rohr. Celanese already has permits to build at Bishop, TX, but other locations are being considered, and the company is recruiting additional partners, he says....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Celanese-considers-alternative-locations-additional-partners-for-second-methanol-project-with-Mitsui_72313.html
July 8, 2015

G2X Energy hopes to begin building its Lake Charles, LA, methanol project, Big Lake Fuels, by the end of 2015. The company says it has received all necessary state and federal permits.

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http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/G2X-Energy-aims-to-begin-construction-of-Lake-Charles-methanol-plant-by-year-end_72014.html
July 6, 2015
Mitsui O.S.K. Lines (MOL; Tokyo) has ordered methanol carriers from Minaminippon Shipbuilding Co. (Usuki, Japan). The carriers will be equipped with the world’s first...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Mitsui-O-S-K-Lines-orders-dual-fueled-methanol-carriers_71889.html
June 26, 2015
OCI NV (Amsterdam), a major producer of nitrogen fertilizers and industrial chemicals, has reached agreement to acquire BioMCN, a methanol producer and pioneer in biomethanol...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/OCI-gains-methanol-foothold-in-Europe-through-acquisition-of-BioMCN_71224.html
June 26, 2015
OCI NV (Amsterdam) on Tuesday announced it has closed the acquisition of BioMCN, a methanol producer and pioneer in biomethanol production based at Delfzijl, Netherlands for €15...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/OCI-NV-closes-BioMCN-methanol-acquisition_71340.html
June 16, 2015
Iran plans to expand capacity of its Kharg Island-based methanol plant under phase II of the development plan, local reports say. The complex is currently designed to produce 650,000...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Iran-to-expand-Kharg-Island-methanol-capacity_71364.html
June 10, 2015

Air Liquide's engineering and construction subsidiary says that it will begin marketing a new natural gas-to-gasoline technology package, G2G, that combines Air Liquide’s Lurgi MegaMethanol technology with ExxonMobil’s proprietary methanol-to-gasoline technology.

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http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Air-Liquide-ExxonMobil-partner-on-gas-to-gasoline-technology-package_71152.html
June 1, 2015

G2X Energy (Houston) says its Pampa, TX, methanol plant is fully operational and made its first shipment on 29 May. G2X says the plant will continue to ship railcars of methanol on a daily basis to customers in the Texas panhandle region.

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http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/G2X-makes-first-methanol-shipments-from-Pampa-plant_70888.html
May 14, 2015
Azerbaijan Methanol Co. (Azmeco) has announced plans to raise $1 billion through the issue of bonds in London. Highgrove Securities (London), Azmeco's financial advisor, says that...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Azerbaijan-methanol-producer-plans-$1-billion-bond-issue_70413.html
May 11, 2015
OCI Partners (Nederland, TX) reports a steep year-over-year (YOY) decline in first-quarter income and sales, the result of a maintenance turnaround and upgrade that took the company’s integrated methanol and ammonia production facility offline from February through mid-April. Net income for the quarter totaled $900,000, down 97% YOY from $29 million. Revenue fell 62% YOY, to 32 million....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/OCI-Partners-first-quarter-income-down-on-turnaround-beats-estimates_70301.html
April 30, 2015
Methanex reports first-quarter net income of $9 million, down 94% year-over-year (YOY) from $145 million. Sales totaled $577 million, down 40% YOY from $968 million. Adjusted earnings of 23 cts/share fell short of the analysts’ consensus estimate of 40 cts/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-earnings-down-on-pricing-and-volume-miss-estimates_69998.html
April 17, 2015
The US Dept. of Commerce on 14 April issued a preliminary determination that China and the Caribbean nation of Trinidad and Tobago have been subsidizing melamine imported to the United States, and that the imports can therefore be subjected to countervailing duties. Commerce says it will announce a final determination in late August....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Commerce-proposes-countervailing-duties-for-melamine-from-China-Trinidad-and-Tobago_69581.html
April 16, 2015

Celanese and Mitsui & Co. today announced that they are planning a potential methanol joint venture to be located at Celanese’s facility at Bishop, TX. Celanese says it has filed for air permits, and that a final decision to build the plant, which would have a capacity of 1.3 million m.t./year, will consider prevailing methanol market conditions and construction costs, among other factors.

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http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Celanese-Mitsui-explore-methanol-JV-at-Bishop-TX_69474.html
April 13, 2015
Mitsubishi Gas Chemical (MGC), Mitsubishi Corp. (MC), and Mitsubishi Heavy Industries (MHI) announced today that they have signed an agreement with state-owned National Gas Company of...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Mitsubishi-Gas-Chemical-and-partners-finalize-$1-billion-methanol-and-DME-investment-in-Trinidad_69354.html
April 6, 2015
Gulf Petrochemical Industries Co.'s (GPIC; Manama, Bahrain) production increased 4% in the first quarter despite declines in oil and gas prices, the company says.   GPIC produced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/GPIC-says-first-quarter-output-grows-4-percent-YOY_69156.html
March 31, 2015
Sinopec Engineering Group (SEG) and ExxonMobil Research and Engineering (EMRE) have signed a joint-venture agreement to develop methanol-to-gasoline technology, SEG says. EMRE and SEG...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Sinopec-ExxonMobil-to-develop-methanol-to-gasoline-technology_69037.html
March 22, 2015
Gulf Petrochemical Industries Co. (GPIC; Manama), a joint venture among National Oil & Gas Authority of Bahrain, Sabic, and Petrochemical Industries Co. (Kuwait City), today...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Gulf-Petrochemical-Industries-raises-profit-in-2014_68797.html
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