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Displaying 61 - 80 of 204 stories.
October 8, 2013
Methanex (Vancouver) has completed methanol capacity expansions totaling 1 million m.t./year in New Zealand and Canada and restarted its 900,000 m.t./year Chile I plant, the company said on 7 October....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-increases-methanol-production-capacity-by-1-9-million-m-t-year_55722.html
October 7, 2013
Methanol producer OCI Partners (OCIP) has priced its initial public offering of 17.5 million common units at $18/share, lower than its previous estimate of $19-20/share. OCIP said it expects the offering, which began on 4 October, to bring net proceeds of $291 million by the time it closes on 9 October....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/OCI-Partners-launches-IPO-at-$18share_55680.html
September 26, 2013
Wison Engineering Services (Shanghai) says it has commercialized its proprietary methanol-to-olefins (MTO) technology with the start-up of a plant with annual capacity for 300,000...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Wison-commercializes-MTO-technology-in-China_55452.html
September 13, 2013
South Louisiana Methanol (SLM) has hired Fluor to engineer and design its 5,000-m.t./day gas-to-methanol project, which will be sited in St. James Parish, LA. SLM, a partnership of Zero Emission Energy Plants (Austin, TX) and Todd (Wellington, New Zealand), announced the project in February and aims to commission the plant in 2016....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/South-Louisiana-Methanol-hires-Fluor-to-design-Louisiana-gas-to-methanol-project_55149.html
August 30, 2013
Petrochemical sales volume in Brazil was up 2.46% year-on-year (YOY) in June and July, according to Abiquim (São Paulo), the country's chemical industry association. Domestic...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Brazils-domestic-petchem-sales-up-2-46-percent-in-June-July_54839.html
July 30, 2013
Methanex says it has made an initial $5-million investment in renewable methanol producer Carbon Recycling International (CRI; Reykjavík). CRI operates the world's first...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-invests-in-Icelandic-renewable-methanol-firm_54062.html
July 28, 2013
Saudi International Petrochemical Co. (Sipchem; Al Khobar, Saudi Arabia) announces today that International Methanol Co. (IMC), one of Sipchem’s affiliates, signed an Islamic...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/International-Methanol-Co-signs-loan-agreement_53996.html
July 24, 2013
The government of Indonesia expects to develop a $4-billion fertilizer and petrochemical complex at Teluk Bintuni, West Papua Province, according to local media reports. Construction...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Reports-Indonesia-to-develop-fertilizer-and-petchem-complex_53852.html
July 16, 2013
Methanol’s comeback in North America, another consequence of the shale gas revolution, is quickly gaining momentum. Two dormant plants have been restarted, another is scheduled...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanol-production-returns-to-North-America-on-back-of-shale-gas-surge_52093.html
July 12, 2013
Valero (San Antonio, TX) plans to build a $600–700 million methanol plant at its 270,000-bbl/day refinery site at St. Charles Parish, LA, according to various media reports...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Reports-Valero-to-build-methanol-plant-at-St-Charles-Parish-LA_53593.html
June 26, 2013
The unit will be Linde’s largest in the United States when it comes onstream in the first quarter of 2015....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Linde-breaks-ground-on-La-Porte-air-separation-unit_53145.html
June 17, 2013
OCI Partners, established in February by Orascom Construction Industries (OCI; Sittard, Netherlands) on Friday filed with the SEC to raise up to $480 million in apreviously announced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/OCI-Partners-to-raise-$480-million-through-an-IPO_52856.html
June 14, 2013
Oil India (Noida) will acquire a 49% stake in Assam Petrochemicals' expansion project planned at Namrup, in the Indian state of Assam. The government of Assam holds a majority stake in...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Oil-India-to-take-49-percent-stake-in-Assam-Petrochemicals-Namrup-project_52832.html
June 7, 2013
Methanex is considering Medicine Hat, AB, as one of the sites to expand methanol capacity in North America to supply the fast-growing Asia/Pacific market. The project outlined to the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-mulls-tripling-of-Medicine-Hat-methanol-capacity_52697.html
June 6, 2013
OCI expects to form an MLP that will file a registration statement in June with the IPO to follow in the second half of 2013....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/OCI-plans-IPO-for-Beaumont-methanol-facility_52588.html
May 21, 2013
Mitsui & Co. has reached an agreement to take a 50% stake in Celanese’s planned methanol project at Celanese’s Clear Lake, TX, site. Celanese announced the project last...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Mitsui-and-Co-to-take-50-percent-stake-in-Celanese-methanol-project-at-Clear-Lake-TX_52112.html
May 15, 2013
Celanese and Mitsui & Co. have agreed to form a 50-50 joint venture for a previously announced project to produce methanol at Celanese's integrated chemical plant at...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Mitsui-and-Co-to-take-50-percent-stake-in-Celanese-methanol-project-at-Clear-Lake-TX_52001.html
April 29, 2013
Pemex's petrochemical products generated 7.64 billion Mexican pesos ($618 million) in domestic sales for the group during the first quarter of 2013, the company has announced. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Pemexs-petchem-production-volume-falls-7-1-percent-during-the-first-quarter_51558.html
April 25, 2013
Methanex (Vancouver) reports quarterly and year-on-year earnings improvement for the first quarter of 2013, citing higher pricing. Adjusted net income of 92 cts/share easily exceeded...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-reports-strong-earnings-announces-second-plant-relocation-from-Chile_51450.html
April 24, 2013
Methanex says it has reached a final investment decision to proceed with the relocation of a second 1-million m.t./year methanol plant from its Cabo Negro, Chile site to Geismar, LA...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/methanol/Methanex-to-relocate-another-methanol-plant-from-Chile-to-Geismar_51433.html
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