IHS Chemical Week

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

Displaying 21 - 40 of 252 stories.
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...
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...
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...
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.


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.


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...
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....
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)....
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....
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.


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...
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...
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...
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...
March 19, 2015
OCI Partners (Nederland, TX) says lower methanol prices, higher natural gas prices, and a lower methanol production rate pulled down fourth-quarter results versus the year-ago period. Net income for the fourth quarter totaled $31 million, down 37% year-over-year (YOY) from $49 million. Revenues fell 12% YOY, to $99 million....
March 10, 2015
Valero Energy (San Antonio), the largest independent refiner in the United States, has not included a previously announced methanol project in Louisiana in the company’s capital...
March 1, 2015
Iran is making good progress with construction of what it says will be the world’s largest methanol plant. Mohammad Hassan Peyvandi, deputy head of the National Petrochemical Co...
February 16, 2015
OCI N.V. (Amsterdam) announced today that it has formally commenced proceedings to demerge the company’s engineering and construction business from its fertilizer and chemicals...
February 11, 2015
Industries Qatar, a shareholder in Qatar Fuels Additives (Qafac), has announced the official startup of a 145.5 million Qatari riyals ($40.0 million) carbon dioxide recovery facility...
February 10, 2015
Air Liquide intends to build a $170.0-million air separation unit (ASU) that will supply Yuhuang Chemical’s (Houston) planned, world-scale methanol project in St. James Parish, LA. Air Liquide says it has signed a long-term agreement to supply Yuhuang Chemical with 2,400 m.t./day of oxygen....
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