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June 14, 2012
BASF says that its Aroma Chemicals business unit has signed a distribution agreement with Global Essence (Freehold, NJ), for penetrating and servicing small to mid-market customers for...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/BASF-and-Global-Essence-Sign-Distribution-Agreement-for-Menthol-Products-in-North-America_44148.html
May 31, 2012
Celanese may be considering investing about $550 million- $1 billion at its Clear Lake, TX plant. Mark Rohr, CEO of Celanese, recently told the Dallas Morning News that the company...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Celanese-to-Build-Ethanol-Methanol-Facilities_43881.html
April 26, 2012
Methanex reported first-quarter adjusted net income of $22 million, down 37% from the year-ago quarter, on lower sales and a one-time charge incurred to terminate a time charter vessel...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Profits-Fall-at-Methanex-but-Outlook-Remains-Positive_43011.html
April 24, 2012
Methanex says it has entered into a long-term offtake agreement with Orascom Construction Industries (OCI; Cairo), for a significant portion of the production from its methanol plant...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-and-Orascom-Sign-Methanol-Offtake-Agreement_42918.html
February 7, 2012
Jacobs Engineering says it has received a contract from Methanex, the world's leading supplier of methanol, to provide engineering services for a planned methanol production facility...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Jacobs-Awarded-Contract-for-Methanex-Plant-Relocation_41059.html
January 26, 2012
Methanex says fourth-quarter net income nearly tripled from the year-ago quarter, to $64 million, on increased sales volumes and steady methanol demand. Revenue was up 22%, to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Earnings-Rise-at-Methanex_40786.html
January 19, 2012
Methanex says it will restart a methanol plant at its Motunui site in New Zealand. Separately, the company has also announced that it plans to move one of its idle methanol plants in...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-to-Restart-Methanol-Plant-in-New-Zealand-Relocate-a-Plant-to-U-S-_40540.html
November 15, 2011
Methanex and Agrium have each suspended production temporarily at manufacturing plants at Damietta, Egypt due to demonstrations in the area. EMethanex, a 60-40 joint venture between...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Demonstrations-Force-Shutdown-of-Methanex-and-Agrium-Plants-in-Egypt_39045.html
October 27, 2011
Methanex reported third-quarter net income of $134.8 million, up 141% from the year-ago quarter, on sales up 39%, to $669 million. Results were driven by stronger demand for methanol...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Strong-Methanol-Demand-Drives-Methanexs-Earnings_38603.html
October 13, 2011
Methanol Chemicals Company (Chemanol; Jubail, Saudi Arabia), a producer of methanol and derivatives, has taken offline its methanol and dimethyl formamide plants for a period of about...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Chemanol-Takes-Methanol-and-Dimethyl-Formamide-Plants-Offline-to-Carry-Out-Improvements_38263.html
October 7, 2011
CF Industries says it plans to close and demolish a methanol plant at its Woodward, OK nitrogen production complex. The company disclosed the plans in a filing to the NYSE. Production...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/CF-Industries-to-Close-and-Demolish-Woodward-Methanol-Plant_38156.html
October 6, 2011
BP has put its share in Atlas Methanol production joint venture up for sale. Atlas a, joint venture in which Methanex has 63.1% and BP 36.9%, operates a 1.7-million m.t./year methanol...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/BP-to-Sell-its-Stake-in-Atlas-Methanol_38019.html
August 29, 2011
Bayat: Ongoing talks with Venezuela and Indonesia. Oladi: Developing a major petchem hub at Chabahar. Iran and Venezuela have started work on a previously announced methanol project at...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Iran-and-Venezuela-Start-Building-Methanol-Plant_37143.html
August 24, 2011
Methanex has restarted its Atlas methanol facility at Point Lisas, Trinidad following an unplanned outage on July 20. Production was down for about a month, curtailing annual output by...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-Restarts-Atlas-Plant-After-Unplanned-Outage_37103.html
July 28, 2011
Methanex announced second-quarter net income up 17%, to $40.5 million (43 cts/share). Adjusted Ebitda was $103.7 million, up 33% from the year-ago quarter. Total sales volumes were up...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-Posts-Gains-on-Healthy-Demand-and-Increased-Production_36496.html
June 16, 2011
Shenhua Baotou Coal Chemical Company has commissioned a huge methanol plant based on Davy Process Technology process at Baotou, Inner Mongolia, China. The 5,500 m.t./day facility has...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/China-Commissions-Huge-Methanol-Plant-Output-Will-be-Used-in-MTO-Production_35558.html
June 9, 2011
As reported by CW this week from Süd-Chemie’s ‘Defining the Future’ technology symposium in Beijing, Chinese chemical companies are developing a huge pipeline of...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Can-Chinas-Chemicals-from-Coal-Sector-Become-Environmentally-Sustainable_35156.html
May 16, 2011
OCI Nitrogen (Geleen, the Netherlands), a subsidiary of Orascom Construction Industries (OCI; Cairo) says it has acquired an integrated ammonia-methanol plant located at Beaumont, TX...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Janus-and-OCI-Nitrogen-Form-Methanol-and-Ammonia-JV-on-U-S-Gulf-Coast_34876.html
April 11, 2011
Methanex has begun the restart of its 470,000-m.t./year methanol plant at Medicine Hat, AB, market players say. The unit was idled in 2001 following a spike in natural gas feedstock...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-Begins-Restart-of-Alberta-Methanol-Plant_34045.html
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