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March 2, 2012
This Week on CW:   Some late earnings trickled in this week, and the news was mixed, though leaning negative. DSM’s fourth-quarter profits fell 43% due to flagging economic...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Chemical-Industry-Weekly-News-Round-Up-March-2_41783.html
February 27, 2012
Mosaic has reached an agreement with environmental groups that will allow the company to reopen and expand a phosphate mine at South Fort Meade, Florida. The agreement in part requires...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/Mosaic-Settles-Lawsuit-over-Florida-Phosphate-Expansion_41536.html
February 27, 2012
Formosa Plastics says it will invest about $1.7 billion at its Point Comfort, TX site to build a new, grassroots 800,000-m.t./year ethane cracker, an associated 600,000-m.t./year propane dehydrogenation (PDH) unit and a new 300,000-m.t./year low-density polyethylene (LDPE) resin plant. Start-up is expected in 2016, Formosa says.
...

http://www.chemweek.com/people_and_business/energy_and_feedstocks/Formosa-Updates-Plans-for-U-S-Expansion_41617.html
February 24, 2012
BASF has set a series of new environmental, health and safety goals for the group. One of its new goals is to increase energy efficiency - defined as the amount of products sold in...
http://www.chemweek.com/people_and_business/energy_and_feedstocks/BASF-Targets-35-percent-Hike-in-Energy-Efficiency-by-2020_41574.html
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
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