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Displaying 41 - 60 of 210 stories.
May 27, 2014
BASF is likely to use its own technology in a previously announced, world-scale methane-to-propylene plant using shale gas as feedstock it is planning to build on the Gulf Coast...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/BASF-likely-to-use-own-process-in-MTP-plant-in-the-US_61329.html
May 25, 2014
Two Malaysian companies are planning to build large-scale methanol and gas processing complexes in Kazakhstan. Memorandums of understanding (MOU) covering the two projects, plus...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Malaysian-firm-signs-MOU-to-build-methanol-plant-in-Kazakhstan_61314.html
May 23, 2014
Azerbaijan Methanol Co. (AzMeCo; Karadagh, Azerbaijan) and Sberbank (Moscow) have signed a memorandum of cooperation (MOC). Sberbank will finance AzMeCo’s projects to the value...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/AzMeCo-signs-deal-with-Russian-bank-plans-methanol-expansion_61303.html
May 20, 2014
Maverick Synfuels (Research Triangle Park, NC), and Plant Process Equipment (PPE; League City, TX), have formed a partnership to manufacture and sell small-scale gas-to-liquids (GTL)...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Maverick-Synfuels-and-PPE-collaborate-on-manufacture-sale-of-small-scale-GTL-methanol-plants_61164.html
May 13, 2014
OCI Partners (Nederland, TX) reports net income of $29 million for the first quarter, down 36% year-on-year (YOY) on unplanned outages. Sales totaled $100 million, down 11% YOY. The company says it will issue a cash distribution of 41 cts/share....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/OCI-Partners-first-quarter-income-down-36-percent-on-outages_61042.html
May 1, 2014
Methanex reports net income for the first quarter of $145 million, up 142% year-on-year (YOY), on sales of $968 million, up 48%. Although adjusted earnings increased 79% YOY, to $1.65/share, they fell well below the consensus estimate of $1.92/share. Analysts attributed the shortfall to unplanned outages and gas curtailments....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-income-more-than-doubles-but-earnings-well-short-of-estimates-on-outages-feeds_60695.html
April 30, 2014
Northwest Innovation Works (NWIW) is preparing to lease a site at the Port of Tacoma, WA, for construction of a third world-scale methanol plant in the region, according to local press reports....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Reports-Chinese-firm-plans-third-world-scale-methanol-plant-for-Pacific-Northwest_60678.html
April 4, 2014
Celanese is exploring plans to construct a 1.3-million m.t./year methanol production unit at its Bishop, TX site. The company says it is preparing necessary environmental permits for the unit....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Celanese-eyes-second-US-methanol-plant_59938.html
March 27, 2014
The cyclicality and volatility of earnings in basic chemicals remains one of the greatest challenges facing the market, said Mark Eramo, v.p./chemical industry insight at IHS Chemical...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/IHS-WPC-2014-Industry-must-balance-push-from-new-supply-against-pull-of-global-demand_59861.html
March 24, 2014
Honeywell is to supply a new integrated control and safety system to Qatar Fuel Additives Co. (Qafac; Doha). The overhaul will help the Mesaieed, Qatar–based complex reduce...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Honeywell-to-help-improve-operations-at-Qafacs-methanol-and-MTBE-plants-in-Qatar_59779.html
February 20, 2014
Mitsui OSK Lines (MOL; Tokyo) says it has received a new building charter contract for two methanol carriers from Atlantic Methanol Production Co. (AMPCO; Equatorial Guinea), based on...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Mitsui-OSK-to-build-two-methanol-carriers-for-charter-to-Atlantic-Methanol_58940.html
February 14, 2014
Mitsui OSK Lines (MOL; Tokyo) announced today that it has signed a contract with Methanol Holdings (Trinidad) to build and charter four methanol carriers. The new contract will play an...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Mitsui-OSK-to-build-four-carriers-for-charter-to-Methanol-Holdings-Trinidad_58819.html
January 30, 2014
Methanex (Vancouver) reports net income for the fourth quarter of $128 million, up from a loss of $140 million. Earnings per share of $1.72 easily beating the analysts’ consensus estimate of $1.57. Sales increased 32% year-on-year (YOY), to $881 million, on increased volumes and higher selling prices. Adjusted net income for the quarter totaled $167 million, up 42% over the third quarter and 174% YOY. Sales volumes increased 6.5% over the third quarter and 12% YOY, to 2.13 million m.t.
...

http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-swings-to-profit-on-high-volumes-increased-prices_58424.html
January 30, 2014
Saudi International Petrochemical Co. (Sipchem; Al Khobar, Saudi Arabia) said today that it has restarted production at its methanol and carbon monoxide plants at Al Jubail, following...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Sipchem-restarts-production-of-methanol-after-unscheduled-shutdown_58418.html
January 24, 2014
Northwest Innovation Works (NWIW; Vancouver, WA) has proposed to build two large-scale methanol plants in the US Pacific Northwest. The proposed facilities would each cost $1 billion...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Chinese-group-plans-two-mega-methanol-plants-in-US-Pacific-Northwest-to-supply-olefins-feedstock_58289.html
January 20, 2014
Industries Qatar (IQ; Doha) on Sunday announced a tentative shutdown schedule for its manufacturing facilities during the first quarter. IQ’s shutdown timetable in the first...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Industries-Qatar-plans-lengthy-plant-closures-in-first-quarter_58118.html
January 14, 2014
Petronas Chemicals says its second methanol plant based at Labuan, Malaysia, has been hit by production disruption due to feedstock shortages. The company says it is working closely...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Petronas-methanol-plant-hit-by-disruption-in-production-due-to-feedstock-shortage_57945.html
January 8, 2014
South Louisiana Methanol (SLM) says it has received an air permit from the Louisiana Department of Environmental Quality and the State of Louisiana for its $1.3-billion, 5,000-m.t./day gas-to-methanol project at St. James Parish, LA....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/South-Louisiana-Methanol-receives-air-permit_57805.html
January 3, 2014
LyondellBasell Industries says it has completed the previously announced restart of the company's methanol plant at Channelview, TX. The plant was placed back into service in the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/LyondellBasell-restarts-methanol-plant-in-Texas_57716.html
December 10, 2013
Waterfront Shipping (Vancouver, BC), the marine transportation subsidiary of Methanex, said on Monday that it has reached an agreement with Mitsui O.S.K. Lines (MOL; Tokyo)...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanexs-shipping-subsidiary-orders-new-methanol-powered-vessels_57239.html
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