IHS Chemical Week

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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
November 28, 2014
Europe's December ethylene contract has been confirmed settled at €1010/m.t. del ($1,261.50), down €50/m.t. from November, according to IHS Chemical data.  In addition...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Europes-December-ethylene-and-propylene-contracts-settle-down_65724.html
November 28, 2014
Crude oil production will be maintained at a level of 30 million barrels/day, as was agreed in December 2011, in the interest of restoring market equilibrium, the Organization of the...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/OPEC-Crude-oil-production-to-remain-steady-at-30-million-bblsday_65719.html
November 25, 2014
AkzoNobel has joined forces with SuikerUnie (Dinteloord the Netherlands), Rabobank (Utrecht, the Netherlands), Deloitte, Investment and Development Agency for the Northern Netherlands...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/AkzoNobel-sponsors-study-to-assess-viability-of-producing-chemicals-from-beetroot-sugars_65677.html
November 25, 2014
A report prepared by the International Renewable Energy Agency (Irena; United Arab Emirates), in association with the China National Renewable Energy Centre (CNREC; Beijing), says that...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Report-China-could-double-its-use-of-renewable-energy-by-2030_65678.html
November 24, 2014
Exploitation of shale gas presents an opportunity to secure both raw materials and energy supplies for the chemical industry, says Germany’s chemical industry association VCI...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/VCI-calls-for-rapid-exploration-of-shale-gas-to-determine-potential_65640.html
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