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December 20, 2012
Braskem Idesa (Mexico City), a joint venture of Brazil’s Braskem, and Mexico’s Grupo Idesa, say they have received final approval for a total of $3.2 billion in financing...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Braskem-Idesa-finalizes-$3-2-billion-in-financing-for-Ethylene-XXI_48522.html
December 19, 2012
A survey of chemical industry executives by KPMG (New York), a consultancy, has found that the US “fiscal cliff” is a key concern going into the end of the year. However...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Survey-US-fiscal-cliff-a-concern-for-industry-execs_48501.html
December 13, 2012
US chemical output excluding pharmaceuticals is expected to improve modestly in 2013 with a 1.9% advance, up from a 1.5% gain this year, according to ACC’s Year-End 2012...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/ACC-forecasts-US-chemicals-growth-of-1-9-percent-in-2013_48297.html
December 13, 2012
Reverdia (Delft, Netherlands), a joint venture between DSM and Roquette (Lestrem, France), says it has begun production of biobased succinic acid at its newly built commercial-scale...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Reverdia-opens-worlds-first-large-scale-plant-for-biobased-succinic-acid-in-Italy_48324.html
December 7, 2012
Dow Chemical and the Industrial Energy Consumers of America (IECA) on Thursday issued separate statements criticizing a new report on the economic impact of liquefied natural...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/DOE-report-on-LNG-exports-draws-negative-reviews_48220.html
December 7, 2012
"Scenarios with unlimited exports always had higher net economic benefits than corresponding cases with limited exports," says the study....
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Dow-DOE-study-of-natural-gas-exports-is-deeply-flawed_48218.html
December 4, 2012
Ineos says it has signed a letter of intent with TGE Gas Engineering (Bonn, Germany), to build an ethane tank and expanded infrastructure at Ineos's Rafnes, Norway, production site...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Ineos-to-build-ethane-tank-at-Norway-cracker-site-enabling-imports-from-US_48125.html
December 4, 2012
Dow Chemical says that cost reductions and capital spending curtailments will keep the company on track to meet a near-term $10-billion/year Ebitda target by 2014 or 2015 despite a...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Dow-Chemical-adjusts-strategy-to-slow-growth-world_48111.html
November 30, 2012
A train derailment in Paulsboro, NJ has caused potentially hazardous vinyl chloride to spill into local air and water, reports say. The derailment, caused by the collapse of a rail...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/NJ-train-derailment-causes-vinyl-chloride-spill_48086.html
November 30, 2012
Slated for completion in mid-2014, the facility is expected to produce 30 million gal/yr of bioethanol from corn stover, a capital investment of about $7/gal....
http://www.chemweek.com/people_and_business/energy_and_feedstocks/DuPont-breaks-ground-on-$200-million-cellulosic-ethanol-plant_48072.html
November 26, 2012
Mexichem says it has abandoned a planned vinyl chloride monomer (VCM) manufacturing joint venture with Mexico’s state oil company Petróleos Mexicanos (Pemex; Mexico City)...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Mexichem-pulls-out-of-planned-VCM-venture-with-Pemex_47938.html
November 20, 2012
Mexico's state oil company Pemex (Mexico City) says it has restarted its ammonia unit at Ciudad Camargo, Chihuahua state. The plant has been offline since 2002 and was restarted with...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Pemex-restarts-Camargo-ammonia-unit_47873.html
November 16, 2012
In more mature markets such as Western Europe, industry will see industry consolidation, operations optimization and movement toward production of higher-value performance products...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Shale-provides-North-American-PE-players-with-growing-advantage_47812.html
November 16, 2012
The company expects the new capacity to begin operations in the second quarter of 2014....
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Air-Products-to-expand-Geismar-syngas-unit_47783.html
November 14, 2012
Competitive raw materials stemming from shale gas development in the US have caused investors to reconsider the timing for planned world-scale projects in Latin America, with...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/APLA-2012-Shale-gas-alters-Latin-Americas-prospects_47655.html
November 14, 2012
BASF and Gazprom (Moscow) have agreed on an asset swap, under which BASF will increase its oil and gas production in Russia and exit the gas trading and storage business. The deal was...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/BASF-and-Gazprom-agree-on-energy-asset-swap_47687.html
November 13, 2012
The high cost of production in Brazil, due in part to expensive raw materials, energy, and high taxes, has been a central concern for domestic producers, according to speakers and...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Brazil-takes-steps-to-alleviate-high-cost-of-production_47652.html
November 12, 2012
BASF says it will build a production plant for emulsion polymers at its Freeport, TX, site. Total investment in the plant is estimated to be more than $90 million, says a...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/BASF-to-build-emulsions-polymer-plant-at-Freeport-site_47640.html
November 8, 2012
Georgia Gulf told investors that it is interested in partnering on condo-cracker projects to meet its long-term goal of sourcing 50% of its ethylene requirement at “cost base–type” economics....
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Georgia-Gulf-open-to-condo-cracker-to-meet-ethylene-requirements_47533.html
November 1, 2012
ExxonMobil Chemical reported chemical earnings of $790 million, down 21% from the year-ago quarter, due to lower margins. The company says lower margins decreased earnings by...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/ExxonMobil-Chemical-earnings-fall-21-percent-on-lower-margins_47395.html
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