IHS Chemical Week

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December 19, 2014
BASF and Gazprom (Moscow) have abandoned plans for an energy asset swap that had been due for completion at the end of this year. Wintershall (Kassel, Germany), a BASF...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/BASF-Gazprom-abandon-energy-asset-swap_66323.html
December 19, 2014
Chandra Asri plans to start up a new condensate splitter in Banten Province, Indonesia, in early 2019, the company said today. Naphtha produced by the splitter will be allocated for...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Chandra-Asri-aims-to-bring-new-condensate-splitter-online-in-2019_66351.html
December 17, 2014

The State of New York intends to ban hydraulic fracturing, or fracking, citing public health risks.

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http://www.chemweek.com/people_and_business/energy_and_feedstocks/New-York-State-to-ban-hydraulic-fracking_66249.html
December 17, 2014
Fluor has started construction activities on a new delayed coker unit for ExxonMobil's petroleum and chemical business at its Antwerp refinery. The project will expand the...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Fluor-starts-work-on-ExxonMobil-Antwerp-refinery-project_66229.html
December 17, 2014
Technip has been awarded a contract worth approximately €100.0 million ($124.1 million) by Oil and Natural Gas Corp. (ONGC; New Delhi) to build a 6.0-million standard cubic...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Technip-receives-oil-and-gas-terminal-contract-from-ONGC-in-India_66228.html
December 16, 2014
Venture Global LNG will invest $4.25 billion to build a new liquefaction processing complex and liquefied natural gas (LNG) export terminal. The facility will be constructed on the...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Venture-Global-LNG-invests-in-liquefaction-complex-and-LNG-export-terminal-in-Louisiana_66202.html
December 16, 2014
Woodside Petroleum (Perth, Australia) expects to make a final investment decision for its Browse floating liquefied natural gas (FLNG) project in mid-2016, the company said today. The...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Woodside-delays-final-decision-for-Browse-FLNG-project-to-mid-2016_66200.html
December 16, 2014
Enterprise Products Partners (Houston) has started a binding open season for a proposed expansion of the portion of its Panola Pipeline natural gas liquids (NGL) system between Carthage and Mont Belvieu, TX, where the company operates the world’s largest fractionation complex....
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Enterprise-seeks-shippers-for-proposed-Panola-NGL-pipeline-extension_66187.html
December 12, 2014
IHS has cut its crude oil forecast sharply with the latest dated Brent projections lowered by about $22/bbl in 2015 and $11/bbl in 2016, according to IHS December Global Crude Oil...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/IHS-cuts-2015-crude-oil-price-forecast-sharply_66035.html
December 11, 2014
US chemical output is set accelerate sharply through the end of the decade, exceeding the growth of the overall US economy, according to ACC’s Year End 2014 Chemical Industry Situation and Outlook, published today....
http://www.chemweek.com/people_and_business/energy_and_feedstocks/US-chemical-output-growth-to-hit-3-7-percent-in-2015-ACC-says_66082.html
December 11, 2014
Repairs to Oman Oil Refineries and Petroleum Industries Co.'s (Orpic; Muscat) 106,000-bbl/day refinery at Mina Al Fahal will cost "millions of dollars" following a fire at...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Reports-Repairs-to-fire-damaged-Oman-refinery-to-cost-"millions"_66099.html
December 11, 2014
Gas Natural Fenosa (Barcelona) is planning a 1.4-billion Mexican peso ($97 million) investment in 2015 to boost its liquefied petroleum gas (LPG) distribution network in Mexico...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Spanish-gas-firm-to-invest-in-Mexico-LPG-distribution-infrastructure_66085.html
December 11, 2014
Yeochun NCC (YNCC; Seoul) plans to start feeding up to 10% liquefied petroleum gas (LPG) into the company's No. 1 naphtha cracker at Yeosu, South Korea, from early January, a source...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Yeochun-NCC-plans-to-use-LPG-at-Korea-cracker-from-early-January_66074.html
December 8, 2014
Production of chemicals in Germany increased by 1.5% in 2014, compared with last year, says chemical trade association VCI (Frankfurt). The increase in demand for chemicals was...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/VCI-German-chemical-production-up-1-5-percent-in-2014-"moderate-upward-trend"-expected-in-2015_65962.html
December 4, 2014
Germany’s federal government has concluded its action program “Climate protection 2020.” The government has guaranteed that the country will reduce its greenhouse gas...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Germany-confirms-its-action-plan-"Climate-protection-2020"_65834.html
December 2, 2014
Edeniq (Visalia, CA), a biorefining and cellulosic technology company, has signed a "joint development agreement" with Global Bio-chem Technology Group (Hong Kong), a...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Edeniq-signs-joint-development-agreement-with-Chinese-firm_65782.html
December 2, 2014
The government of the US Virgin Islands will "respond to whatever next action Hovensa takes in a way that is in the best interests of [the] community," if an operating...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/US-Virgin-Islands-government-to-take-action-if-Hovensa-cuts-islands-fuel-supply_65780.html
December 1, 2014
Lubrizol today agreed to acquire Weatherford’s oilfield chemicals business and its drilling fluids business for $825 million, including a $75 million performance-based cash...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Lubrizol-to-acquire-Weatherfords-oilfield-chemicals-business-for-$825-million_65746.html
November 28, 2014
European styrene monomer contract prices for December look set to fall by well over €100/m.t. ($125) based on raw material moves, but following a strong margin gain for producers...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Bearish-sentiment-dominates-December-styrene-contract-price-talks_65729.html
November 28, 2014
Discussions for the December contract price for toluene in Europe are said to be starting but with an even more difficult backdrop than usual. The illiquid nature of the European spot...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Europes-toluene-December-contract-discussions-start-against-difficult-backdrop_65728.html
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