IHS Chemical Week

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

Displaying 21 - 40 of 238 stories.
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....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/OCI-Partners-income-down-on-lower-methanol-prices-utilization_68721.html
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...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Valeros-methanol-project-is-delayed_68345.html
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...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Iran-builds-mega-methanol-plant-at-Bandar-Dayyer_68205.html
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...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/OCI-NV-details-plans-to-demerge-fertilizers-from-construction-operations_67807.html
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...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Qafac-opens-CO2-recovery-unit-hikes-methanol-output_67739.html
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....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Air-Liquide-plans-$170-million-ASU-to-supply-Louisiana-methanol-project_67691.html
January 30, 2015
Methanex reports net income for the fourth quarter of $133 million, up 4% year-over-year (YOY) from $128 million. Sales totaled $733 million, down 17% YOY from $881 million. Adjusted earnings of 85 cents/share fell short of the analysts’ consensus estimate of 95 cents/share as compiled by Thomson Reuters (New York)....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-earnings-up-4-percent-but-short-of-estimates-on-pricing_67321.html
January 26, 2015
Methanex has started up a 1.0-million m.t./year methanol plant that has been relocated from Chile to Geismar, LA."This accomplishment marks another key milestone in our 2013 commitment to grow our [annual] operating capacity by approximately 3.0 million m.t. over three years, and it will support our continued growth and strategic focus on global methanol leadership,” says John Floren, president and CEO....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-brings-first-relocated-Geismar-methanol-plant-online_67212.html
December 19, 2014
G2X Energy (Houston) and Methanol Holdings (Trinidad) Ltd. (MHTL) announced on Thursday that MHTL intends to partner with G2X Energy to construct a previously announced, world-scale...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanol-Holdings-Trinidad-to-become-partner-in-Louisiana-project_66358.html
December 10, 2014
Poland has notified that European Chemicals Agency (ECHA; Helsinki) that it intends to submit an intention dossier on methanol to the Registry of Intentions (RoI). A previous intention...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanol-to-be-submitted-to-RoI-under-Reach_66036.html
December 5, 2014
China's Zhengzhou Commodity Exchange (CZCE; Zhengzhou) will launch evening trading from next week for products including purified terephthalic acid (PTA) and methanol. The new trading...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/China-commodity-exchange-launches-evening-trading-hours-for-PTA-methanol_65927.html
November 11, 2014
OCI Partners (Nederland, TX) reports third-quarter income of $19 million, down 21% year-over-year (YOY) from $24 million. Sales totaled $90 million, down 6% YOY from $96 million. The company cites lower ammonia production and lower methanol prices....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/OCI-Partners-earnings-down-21-percent-YOY-on-volume-costs_65301.html
November 10, 2014
Chinese investors have begun financing two petrochemical projects under construction in Iran. "The letters of credit for two petrochemical units each with a value of €350-400...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Chinese-investors-financing-Iranian-petchem-projects_65244.html
November 3, 2014
Saudi International Petrochemical Co. (Sipchem) said today that it intends to stop production at IMC, its methanol production joint venture with a consortium of Japanese companies...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Sipchem-takes-large-methanol-complex-off-line-for-maintenance_65045.html
October 30, 2014
Methanex (Vancouver, BC) reports third-quarter income of $52 million, down 40% year-over-year (YOY) from $87 million. Sales totaled $730 million, down 4% YOY from $758 million. Adjusted earnings of 69 cents/share beat the analysts’ consensus estimate of 64 cents/share compiled by Thomson Reuters....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-earnings-down-but-beat-estimates_64970.html
October 13, 2014
Castleton Commodities International (CCI; Stamford, CT), a global commodities merchant formerly known as Louis Dreyfus Highbridge Energy, said on Friday that it will invest $1.2...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Castleton-Commodities-to-build-methanol-plant-in-Louisiana_64468.html
October 10, 2014
Methanol Holdings Trinidad Ltd. (MHTL), one of the largest global methanol players, is now 100% owned by Consolidated Energy Ltd (CEL), a Trinidad holding company that combines the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanol-Holding-Trinidad-has-new-ownership-structure_64455.html
October 10, 2014
Worldwide demand growth for key petrochemical building blocks is expected to be healthy in the coming years, says Mark Eramo, v.p./chemical industry insights at IHS Chemical...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/EPCA-2014-Healthy-outlook-for-petchem-demand-growth-and-industry-profitability_64273.html
October 8, 2014
Leucadia National Corp. (New York) has announced that it will not proceed with its Lake Charles Clean Energy (LCCE) project, which would have used gasification technology to convert...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Leucadia-pulls-out-of-Lake-Charles-petroleum-coke-to-methanol-project_64336.html
October 2, 2014
EPA has granted a Greenhouse Gas Prevention of Significant Deterioration (GHG PSD) permit to OCI’s planned world-scale methanol plant at Beaumont, TX. At 1.75 million m.t./year, OCI’s plant will be the largest in the US when it begins production in late 2016, but it will hold the title for only one year if Southern Louisiana Methanol successfully commissions its 1.86 million  m.t./year plant in Convent, LA, in 2017....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/EPA-grants-GHG-PSD-permit-to-OCIs-Beaumont-TX-methanol-project_64239.html
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