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February 22, 2012
Negotiations for a financing package for the Ethylene XXI complex planned by Braskem (São Paulo) and  Grupo Idesa (Mexico City) for Coatzacoalcos, Mexico are “going...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Ethylene-XXI-Financing-Slated-for-Completion-by-End-of-April_41550.html
February 15, 2012
Bayer has leased its 1,400-acre site at New Martinsville, WV to Gastar Exploration (Houston) for $30-million deal. Gastar will drill for gas at the site for 30 years, and plans to...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Bayer-Leases-WV-Land-to-Gastar-Exploration-for-$30-Million_41373.html
February 14, 2012
Aither Chemicals (South Charleston, WV) and Pittsburgh’s Renewable Manufacturing Gateway (RMG: Pittsburgh, PA) have signed a letter of engagement to invest about $750 million...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Start-up-Petrochemical-Company-Seeks-to-Build-Catalytic-Based-Ethane-Cracker-in-U-S-Northeast_41300.html
February 13, 2012
Qatar Petroleum (QP; Doha) and Qatar Petrochemical Co (Qapco; Doha) have reached agreement to build an integrated petrochemical complex in Ras Laffan, Qatar....
http://www.chemweek.com/people_and_business/energy_and_feedstocks/QP-and-Qapco-to-Build-Petrochemical-Complex-at-Ras-Laffan_41304.html
February 10, 2012
LyondellBasell reported a fourth-quarter net loss of $218 million, compared with a profit of $766 million in the year-ago quarter. Sales rose 11%, to $11.4 billion. Weaker results were attributed to customer destocking, a slowdown in Europe and Asia, poor refining margins, and one-time charges. LyondellBasell says earnings were negatively impacted by $448 million, or 79 cts/share, in charges relating primarily to refinancing costs and the suspension of operations at its Berre, France refinery.  LyondellBasell enjoyed a net income benefit of $151 million in the year-ago quarter, due primarily to a favorable inventory adjustment....
http://www.chemweek.com/people_and_business/energy_and_feedstocks/LyondellBasell-Swings-to-Loss-on-Destocking-Refinancing-Costs_41284.html
February 7, 2012
ACC has launched an energy advocacy and awareness campaign called From Chemistry to Energy. The program will advocate for a comprehensive national energy strategy that maximizes domestic energy resources, with a focus on robust and responsible production of domestic shale gas; improved residential, commercial and industrial energy efficiency; and expanded adoption of energy recovery programs....
http://www.chemweek.com/people_and_business/energy_and_feedstocks/ACC-Launches-Energy-Advocacy-Campaign_41075.html
February 6, 2012
Solvay joint venture SolVin has commissioned a 1 MW proton exchange membrane (PEM) fuel cell at its production complex at Antwerp. The PEM fuel cell, which Solvay describes as a...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Solvay-Commissions-Largest-PEM-Fuel-Cell_41035.html
January 31, 2012
Enzymes group Novozymes says it has created an “exploratory research agreement” with Sea6 Energy (Chennai, India), a start-up biotech firm, to jointly develop an enzymatic...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Novozymes-Collaborates-on-Seaweed-to-Biofuels-Project-in-India_40926.html
January 26, 2012
Lawmakers in West Virginia have passed a law providing 25 years of property tax incentives for companies interested in building a petrochemical cracker based on natural gas from the...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/West-Virginia-Tax-Changes-Offer-Incentives-for-Petchem-Production_40844.html
January 26, 2012
Desso (Waalwijk, the Netherlands), a manufacturer of carpets and flooring systems made from materials such as nylon 6, nylon 6,6 and polypropylene (PP), in 2007 changed its business...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Cradle-to-Cradle-Manufacture-Flooring-Producer-Desso-Lays-Out-New-Approach_40781.html
January 26, 2012
Celtic Renewables (Edinburgh, U.K.), a biotech company developing a process for converting whiskey byproducts into biobutanol and other biochemicals, has been launched yesterday. The...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/U-K-Spin-out-Firm-to-Generate-BioButanol-from-Whiskey-Byproduct_40714.html
January 25, 2012
BOC, a subsidiary of Linde, has been brought in as a technology partner to codevelop a carbon capture and storage (CCS) system at the Drax coal fired power station (Selby, U.K.). BOC...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Linde-to-Codevelop-CCS-Project-in-U-K-_40743.html
January 24, 2012
DSM and ethanol producer Poet (Sioux Falls, SD) have formed a 50-50 joint venture to produce cellulosic ethanol and license related technology. Poet-DSM Advanced Biofuels (Sioux Falls...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/DSM-and-Poet-Form-Cellulosic-Ethanol-Venture-update_40693.html
January 24, 2012
Neste Oil says authorities in the U.S. and Canada have approved the sale of its 50% holding in Alberta EnviroFuels—an iso-octane joint venture with Chevron—to Keyera Corp...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Neste-Oil-Approved-to-Sell-Stake-in-Iso-Octane-JV_40666.html
January 16, 2012
Industry groups say a White House report “Investing in America” highlights the importance of shale gas plays in supporting U.S. industry. Since the mid-2000s, “the...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Industry-White-House-Report-Recognizes-Importance-of-Shale-in-U-S-Economy_40450.html
January 12, 2012
With the North American turnaround season is beginning to gear up, U.S. ethane prices have fallen 7% since the start of the year, to about 68 cts/gal, as a result of reduced operating...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Cracker-Turnarounds-Drive-Feedstock-Costs-Lower-but-Boost-Ethylene-Pricing_40412.html
January 10, 2012
Enterprise Products Partners says it will extend its open commitment period for ethane volumes for its ATEX Express pipeline by two weeks due to increased demand. Earlier this month...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Enterprise-Extends-Commitment-Period-for-ATEX-Pipeline-Ethane_40354.html
January 9, 2012
The increase in shale gas production has dramatically transformed the outlook for North American energy supplies and for the petrochemical industry. Petrochemical makers in particular...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Feedstocks-Boosted-by-Shale-Gas-Production_40269.html
January 6, 2012
This Week on CW:   With the redesign of our magazine and website officially launched, we took a look back at the biggest stories of 2011.   Monsanto’s fiscal...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Chemical-Industry-Weekly-News-Round-Up-Jan-6_40300.html
January 6, 2012
Marubeni (Tokyo) says it has entered into an agreement with energy company Hunt Oil (Dallas, TX), to acquire a 35% stake in the Eagle Ford shale oil and gas play covering about 52,000...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Marubeni-Acquires-Stake-in-U-S-Shale-Project_40249.html
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