IHS Chemical Week

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

Displaying 81 - 92 of 292 stories.
January 29, 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)....
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....
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...
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...
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...
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....
November 9, 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...
November 2, 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...
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....
October 12, 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...
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...
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...
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