IHS Chemical Week

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

Displaying 41 - 52 of 304 stories.
January 8, 2016
Continued uncertainty in the energy markets will keep feedstocks at the forefront of developments in petrochemicals this year. The price of oil remains surprisingly low. IHS expects...
December 30, 2015
Methanex says that on 27 December it started producing methanol from its newly completed 1-million m.t./year Geismar 2 plant at Geismar, LA. The plant has bene relocated from the...
December 21, 2015
CF Industries and OCI (Amsterdam) on Monday announced that they have amended their merger agreement originally announced on 6 August. Under the amendment, the jurisdiction of...
December 16, 2015
Saudi International Petrochemical Co. (Sipchem) said on Wednesday that it has resumed operations at its affiliate, International Methanol Co. (IMC) methanol plant at Jubail, Saudi...
December 1, 2015
Luxi Chemical Group (Liaocheng, China) has selected Honeywell UOP’s Advanced Methanol-to-Olefins (MTO) process for a 293,000-m.t./year olefins plant that will be built at Luxi’s Liaocheng facility....
November 3, 2015
OCI Partners (Nederland, TX) reports net income for the third quarter of $23 million, up 21% year-over-year (YOY), on revenues of $104 million, up 16% YOY. Earnings of 27 cts/share fell just shy of the mean analyst estimate of 28 cts/share as compiled by Thomson Reuters (New York)....
October 29, 2015
Methanex reports third-quarter net income of $78 million, up 50% year-over-year (YOY), on revenues of $527 million, down 29% YOY. Adjusted earnings of 26 cts/share missed the analysts’ consensus estimate of 37 cts/share. "Our third quarter adjusted net income reflects lower average realized methanol pricing compared to the second quarter of 2015,” says John Floren, president and CEO....
October 29, 2015
Saudi International Petrochemicals Co., (Sipchem) said on Thursday that it intends to shut down the Al Jubail-based methanol plant owned by affiliate International Methanol Co. (IMC)...
October 22, 2015
Syngas Energy Holdings (Houston) plans to build a $360-million, 500,000-m.t./year methanol plant in St. James Parish, LA, according to a press release issued by Louisiana Economic Development (LED). Assuming permits are granted, Syngas Energy expects to begin construction in the second quarter of 2016, with start up to come at the end of 2018. The plant would be expanded to 700,000 m.t./year in a later phase....
October 20, 2015
Russia is planning two export-oriented methanol plants at the Port of Ust-Luga, near Saint Petersburg, mainly targeting the European markets. The investors have already secured land...
October 14, 2015
Sojitz (Tokyo) said on Wednesday that it has agreed with NPCP Holdings, a state-owned oil company in Papua New Guinea, to establish a joint venture, which will develop a methanol...
October 12, 2015
Northwest Innovation Works (NWIW; Kalama, WA), a company owned by Chinese investors, has significantly scaled up its investment and planned methanol capacity in the US Pacific...
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