IHS Chemical Week

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October 9, 2015
Versalis (Milan) will operate its 490,000-m.t./year steam cracker at Porto Marghera, Italy, until the end of 2016 after entering into an ethylene supply agreement with a new...
October 9, 2015
Recent financial and restructuring announcements by producers Huntsman and Chemours show that conditions in the titanium dioxide (TiO2) market have not improved. Pricing continues to...
September 11, 2015
Many petrochemical companies have been evaluating investments in North America to take advantage of the low-cost feedstocks offered by the North American shale gas revolution....
August 31, 2015
Evonik Industries has started up plants for C4-based products at its Marl, Germany, site, part of a three-digit million-euro investment for these products in Europe. The plants were...
August 28, 2015
China’s styrene inventories are slowly rising back to historical averages, and following a sharp, downward price correction, the backwardation that has characterized the...
August 28, 2015
Ethylene spot prices on the US Gulf Coast (USGC) have been tumbling since the start of August most likely because buyers are waiting for a clearer view on the market, analysts at IHS...
August 25, 2015
Lenzing (Lenzing, Austria), a producer of man-made cellulosic fibers, has announced sales of €955.4 million ($1.10 billion) in the first half of 2015 compared with sales of...
August 18, 2015
The average daily production of chlorine in Europe was 26,882 m.t. in June compared with 25,088 m.t. in the corresponding month in 2014, up 7.2% year-on-year (YOY), according to trade...
August 18, 2015
Chile hopes to boost its domestic production of hydrocarbons through natural gas potentially available from the country’s Magallanes Shale Basin. The Magallanes Shale is being explored and could eventually provide a useful source of petrochemical raw materials....
August 14, 2015
Braskem (São Paulo) and Petrobras (Rio de Janeiro) had been scheduled to meet on 10 August to agree on the naphtha price for a long-term contract covering supplies from...
August 6, 2015
Ciner Group (Istanbul) is preparing to leap into the top tier of soda ash producers. The company currently ranks outside the world top 10, but massive capital investment plans and the acquisition of OCI Resources (Atlanta) could propel Ciner into the number-two position by 2018, says Marguerite Morrin, senior director at IHS Chemical....
July 31, 2015
Operational disruptions continued to curtail the supply of olefins in Europe during July. The affected steam crackers did not restart as quickly as had been hoped, and hot weather...
July 20, 2015
Methanol, traditionally, has been a chemical feedstock consumed in the manufacture of derivatives such as formaldehyde, acetic acid, methyl methacrylate, and methylamines....
July 17, 2015
Purified terephthalic acid (PTA) supply is increasing in Asia faster than demand, resulting in a net operating rate of just 70% in China, based on nameplate capacity, according to IHS Chemical’s latest Market Advisory Service: Global Polyester Fibers & Feedstocks....
July 17, 2015
The rising price of feedstock benzene has put a pinch on North American producers of nylon-6, who have responded by increasing prices. BASF on 6 July issued an increase of 10 cts/lb on...
July 13, 2015
(This story has been corrected. The figures in paragraph five refer to production capacity throughout the Americas, not production in North America.) China’s enormous...
July 6, 2015
North American producers of polyvinyl chloride (PVC) have postponed May price increases to June and July in response to weak demand, IHS Chemical says. The increases span 2–3...
July 6, 2015
Greece defaulted on a €1.6-billion ($1.79 billion) payment to the International Monetary Fund that was due on 30 June, and, although IHS expects an agreement to be reached...
June 26, 2015
The closure of Haverhill Chemicals' (Houston) production site at Haverhill, OH, with the potential loss of 141 jobs—announced toward the beginning of June—remains uncertain...
June 15, 2015
OPEC’s meeting in Vienna in early June showed a continuation of the Saudi-led resolve to defend market share and let the market determine the oil price as a response to increasing...
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