IHS Chemical Week

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June 24, 2015
The benzene arbitrage window between Asia and the United States has been open slightly this week for a limited time, according to trade participants. Prompt Asia benzene prices were at...
June 24, 2015
South Korea’s benzene exports to China and the United States during 1-23 June were about 60% and 51%, respectively, of overall volumes sent in May, data obtained by IHS Chemical...
June 24, 2015
Overall styrene inventories in eastern China fell to about 51,000 m.t. this week from the mid-50,000s m.t. in the previous week, data obtained by IHS Chemical show. Among the factors...
June 23, 2015
Shin-Etsu Chemical says it will construct a plant at Echizen City, Fukui Prefecture, Japan, for the production of photomask blanks, the base material of photomasks that are used as the...
June 23, 2015
HSBC’s flash China Manufacturing Purchasing Managers’ Index (PMI) for June rose to a three-month high of 49.6 from 49.2 in May, the bank said Tuesday, citing stable...
June 23, 2015
Sekisui Chemical (Tokyo) says that it has acquired a 63% stake in Enax (Tokyo), a company that develops, manufactures, and sells lithium-ion (Li-ion) batteries, from the Innovation...
June 22, 2015
ExxonMobil says that it has signed a memorandum of understanding with the Korea Institute of Energy Technology Evaluation and Planning (Seoul) and Korea Gas Corp. to hold discussions...
June 18, 2015
Idemitsu Kosan shut its vacuum distillation unit at Chiba, Japan, after a fire broke out Thursday at a 200,000-bbl/day refinery in the same location, the company says. The fire started...
June 18, 2015
Japan’s production of benzene, toluene, and xylenes—down 7%, 19%, and 6% from April, respectively—fell for a second month running in May, the Japan Petrochemical...
June 18, 2015
Mitsui Chemicals plans to restart its olefins conversion unit at Osaka at the beginning of July, the company says. The unit was shut on 1 June because of a lack of feedstock, and the...
June 17, 2015
Axiall (Atlanta) and Lotte Chemical (Seoul) have settled on arrangements for a joint venture to build and operate a 1 million m.t./year ethane cracker in Louisiana. The partners expect later this year to make a final investment decision on the project, which was first announced in February 2014....
June 17, 2015
Overall styrene inventories in eastern China rebounded this week to about 55,000 m.t. from 50,000 m.t. last week, data obtained by IHS Chemical show. The inventory was estimated about...
June 17, 2015
South Korea's exports of benzene were less than half in the first half of June compared with the whole of May, data obtained by IHS Chemical show. About 100,000 m.t. of benzene were...
June 16, 2015
Zeon has announced an expansion of its cyclo-olefin polymers (COP) capacity at Mizushima, Japan. The capacity for COP, a high-transparency thermoplastic resin, will be raised from...
June 16, 2015
Preparing to exit local operations, Teijin Polycarbonate Singapore has put its industrial site on Jurong Island, Singapore, up for sale via expression of interest, says Colliers...
June 16, 2015
India has levied antidumping duties on nylon tire cord fabric (NTCF) imports from China for a further five years, effective 12 June, the Ministry of Finance (New Delhi) says. The...
June 15, 2015
Yeochun NCC (YNCC; Seoul) has begun the process to restart its No. 1 naphtha cracker at Yeocheon, South Korea, after the plant was shut on 14 May for regular maintenance, a source...
June 15, 2015
South Korea’s May exports of para-xylene (p-xylene), benzene, and mixed xylenes were down from April, but styrene and toluene exports increased, customs data show. South Korea...
June 15, 2015
Mitsubishi Gas Chemical (MGC; Tokyo), Japan’s only producer of methylamines, will replace its manufacturing unit, based at Niigata, Japan, with a smaller-capacity facility to...
June 11, 2015
Air Products says that it has been awarded a major contract to supply industrial bulk gases and bulk specialty gas supply system for a new semiconductor fab at Pyeongtaek, Gyeonggi...
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