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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...
http://www.chemweek.com/sections/basic_chemicals_plastics/Haverhill-closures-effect-on-US-phenol-market-may-be-limited_71635.html
June 26, 2015
China’s enormous methanol deficit will continue to grow as new methanol-to-olefin (MTO) plants start up in the country, and US producers will be well positioned to fill the gap...
http://www.chemweek.com/sections/basic_chemicals_plastics/China-MTO-promises-big-opportunity-for-methanol-producers-in-US_71640.html
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...
http://www.chemweek.com/sections/basic_chemicals_plastics/OPEC-signals-opportunity-for-petrochemicals_71212.html
June 15, 2015
Despite strong downstream derivative demand, North American propylene inventories are at five-year highs, boosted by increased production in steam crackers. Prices have fallen low...
http://www.chemweek.com/sections/basic_chemicals_plastics/North-America-propylene-down-on-low-costs-rising-inventories_71247.html
June 12, 2015
Williams Partners' has achieved on-spec ethylene this week at its Geismar, LA, olefins plant, according to market participants. A source close to the company said last week that the...
http://www.chemweek.com/sections/basic_chemicals_plastics/Williams-Geismar-unit-achieves-on-spec-ethylene_71202.html
May 29, 2015
Cheap energy and feedstocks derived from shale gas have sparked a petrochemical investment boom in North America. Most of the new projects have been drawn to the industry’s epicenter on the US Gulf Coast, but about one third—including a surprising number of ethylene projects—have been located elsewhere....
http://www.chemweek.com/sections/basic_chemicals_plastics/Beyond-the-US-Gulf-Coast-ethylene-projects-progressing-slowly_70784.html
May 22, 2015
BASF declared force majeure on the supply of ethylene oxide (EO) in Europe on 19 May and until further notice, the company has confirmed to CW. BASF has also been forced to declare...
http://www.chemweek.com/sections/basic_chemicals_plastics/BASF-declares-force-majeure-on-EO-and-MEG-in-Europe_70574.html
May 22, 2015
Bearish sentiment, styrene plant turnarounds, and ample supplies have kicked the legs out from under benzene in North America, but the spot price may soon find a floor. The current...
http://www.chemweek.com/sections/basic_chemicals_plastics/Benzene-slips-in-US-after-brief-recovery-but-floor-may-be-near_70608.html
May 12, 2015
Olefins and derivatives producer TVK (Tiszaújváros, Hungary) says it achieved sales in first-quarter 2015 of 88.9 billion forint ($325.4 million), down 12% year-on-year...
http://www.chemweek.com/sections/basic_chemicals_plastics/TVK-sales-fall-on-lower-prices-but-profits-leap_70333.html
May 11, 2015
GTS Chemical Holdings’ (Liaocheng, China) unaudited group revenue rose 40% to 167.0 million renminbi ($27.3 million) for the first quarter of 2015 versus Rmb119.3 million a...
http://www.chemweek.com/sections/basic_chemicals_plastics/GTS-Chemical-first-quarter-revenue-spikes-40-percent_70289.html
May 11, 2015
The plastics industry has shown itself to be robust, despite a difficult market environment in 2014, says Josef Ertl, chair of industry trade association PlasticsEurope Germany...
http://www.chemweek.com/sections/basic_chemicals_plastics/Germanys-plastics-producers-positive-in-spite-of-roller-coaster_70298.html
May 8, 2015
European olefins production was constrained during April as some producers carried out planned stoppages and others faced unplanned outages. About 13% of European ethylene production...
http://www.chemweek.com/sections/basic_chemicals_plastics/Supply-constraints-boost-European-ethylene-in-April_70178.html
May 8, 2015
Producers of cellulose acetate attribute a steep decline in first-quarter sales to the destocking of acetate tow, the material used to make cigarette filters. Underlying demand will...
http://www.chemweek.com/sections/basic_chemicals_plastics/Cellulose-acetate-slumps-on-destocking-recovery-in-Q3_70190.html
May 8, 2015
Dow Chemical's Taft, LA, no. 1 ethylene unit is expected to come back online by next week, according to market participants. The no.1 ethylene unit went down in late March for planned...
http://www.chemweek.com/sections/basic_chemicals_plastics/Dows-Louisiana-ethylene-unit-still-set-for-early-May-restart_70192.html
April 28, 2015
Fertilizer, chemical, and plastics company Grupa Azoty (Tarnów, Poland) says it plans to concentrate on new, sustainable processes for agriculture, according to press reports...
http://www.chemweek.com/sections/basic_chemicals_plastics/Grupa-Azoty-to-develop-differential-use-of-fertilizers_69881.html
April 24, 2015
Fundamental changes in Europe’s polyethylene (PE) market—better demand, fewer imports, and unexpected plant outages—have boosted industry operating rates there. The...
http://www.chemweek.com/sections/basic_chemicals_plastics/Supply-demand-changes-tighten-Europes-PE-market_69736.html
April 24, 2015
The explosion at Dragon Aromatics (Zhangzhou, China) on 6 April is likely to put the company’s para-xylene (p-xylene) plant off-line for several months, according to IHS Chemical’s...
http://www.chemweek.com/sections/basic_chemicals_plastics/Asia-p-xylene-tight-market-busy_69767.html
April 24, 2015
Operating rates for North American polyvinyl chloride (PVC) producers during the first quarter averaged about 79%, says IHS Chemical’s Market Advisory Service: Americas Vinyl Weekly...
http://www.chemweek.com/sections/basic_chemicals_plastics/North-America-PVC-demand-rises_69768.html
April 24, 2015
Most Asian producers of styrene butadiene rubber (SBR) increased their prices during the week ending 17 April, says IHS Chemical’s Market Advisory Service: Asia C4 Olefins &...
http://www.chemweek.com/sections/basic_chemicals_plastics/Asia-SBR-PBR-prices-increase_69769.html
April 24, 2015
Rising caprolactam prices have increased the cost of producing nylon-6 engineering resin in North America. Producers have announced price increases, but supply is ample, and IHS...
http://www.chemweek.com/sections/basic_chemicals_plastics/North-America-nylon-6-balanced-but-outage-threatens-nylon-66_69770.html
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