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August 23, 2013
Sinopec says that its Sinopec Wuhan affiliate started production on 13 August at its previously announced petrochemical complex at Wuhan, China. The project, which comprises 11...
http://www.chemweek.com/sections/basic_chemicals_plastics/Sinopec-SK-JV-starts-operations-at-Wuhan-cracker-complex_54626.html
August 23, 2013
Sorfert Algérie, a fertilizer joint venture between Sonatrach (Algiers) and OCI (Cairo), has commenced commercial production at Arzew, Algeria, OCI has announced. The jv’s...
http://www.chemweek.com/sections/basic_chemicals_plastics/Sonatrach-OCI-JV-starts-up-fertilizer-complex-in-Algeria_54627.html
August 9, 2013
European demand for purified terephthalic acid (PTA) increased during July as hot weather boosted sales of polyethylene terephthalate (PET) used for bottles. PTA demand in Asia also...
http://www.chemweek.com/sections/basic_chemicals_plastics/Hot-weather-supports-PTA-midterm-outlook-mixed_54341.html
July 26, 2013
Styron has proposed changes for the settlement of monthly polystyrene (PS) contacts in Europe, calling for contracts to close in the first week, but not later than the tenth working...
http://www.chemweek.com/sections/basic_chemicals_plastics/Styron-Seeks-Changes-to-Polystyrene-Contract-Settlements-in-Europe_42157.html
July 26, 2013
Recent plant outages and upcoming maintenance turnarounds have driven styrene prices in Asia to extraordinary highs, according to analysts at IHS Chemical. Derivative producers have...
http://www.chemweek.com/sections/basic_chemicals_plastics/Asia-styrene-rockets-on-tight-supply-imminent-turnarounds_53961.html
July 26, 2013
Gensource Potash (Saskatoon, SK) has signed a binding agreement with Chinese investors to develop potash projects around Saskatoon. Canada Potash Corp. (CPC; Saskatoon)—backed by...
http://www.chemweek.com/sections/basic_chemicals_plastics/China-ups-its-interests-in-potash-projects-worldwide_53878.html
July 26, 2013
A technical difficulty at Shell Chemicals’ Moerdijk, Netherlands, site has disrupted production at the site’s styrene monomer–propylene oxide (SMPO) unit, the company...
http://www.chemweek.com/sections/basic_chemicals_plastics/Shell-declares-SM-force-majeure_53879.html
July 16, 2013
Methanol’s comeback in North America, another consequence of the shale gas revolution, is quickly gaining momentum. Two dormant plants have been restarted, another is scheduled...
http://www.chemweek.com/sections/basic_chemicals_plastics/Methanol-production-returns-to-North-America-on-back-of-shale-gas-surge_52093.html
July 12, 2013
Over the next six months, ethylene prices in the United States will change little, although the ongoing Williams steam cracker outage and potential hurricane disruption could yield surprises, IHS Chemical says....
http://www.chemweek.com/sections/basic_chemicals_plastics/Feeds-end-markets-determine-outlook-for-US-olefins-aromatics_53548.html
July 12, 2013
Ethylene contract prices have been stable in Europe over the last couple of months. July settled at €1,170/m.t. ($1,500/m.t.), a rollover on June, and the June contract was just...
http://www.chemweek.com/sections/basic_chemicals_plastics/Stable-ethylene-lower-feedstock-prices-boost-margins-in-Europe_53549.html
June 28, 2013
Buyers and sellers of sodium chlorate in North America are likely to reach an agreement on quarterly and half-yearly contracts in early July, according to IHS Chemical. Suppliers...
http://www.chemweek.com/sections/basic_chemicals_plastics/Canadian-sodium-chlorate-suppliers-increase-share-of-North-American-market_53265.html
June 28, 2013
European styrene prices have been strong, with June contract price settled at €1,424/m.t. ($1,856), €10 higher than May. Spot prices also rose steadily throughout June...
http://www.chemweek.com/sections/basic_chemicals_plastics/European-styrene-contracts-likely-to-roll-over-or-drop-on-benzene-decline_53266.html
June 28, 2013
Global polyethylene terephthalate (PET) prices are expected to hold or improve slightly during the summer as some demand returns. However, margins continue to struggle overall: The...
http://www.chemweek.com/sections/basic_chemicals_plastics/PET-prices-hold-margins-suffer-amid-weak-demand_53267.html
June 21, 2013
Polyvinyl chloride (PVC) units in North America operated at high rates during May, lifting production to a level not seen in seven years, according to IHS Chemical’s Market...
http://www.chemweek.com/sections/basic_chemicals_plastics/PVC-makers-in-North-America-hike-production-amid-rising-export-demand_53002.html
June 21, 2013
Conditions in the global market for titanium dioxide (TiO2) favor the success of price increases issued by producers in late May and early June, says Hassan Ahmed, analyst at Alembic Global Advisors (New York). TiO2 prices are at “near-trough” levels, profits are at historic lows, demand is up, and inventory is down, he says....
http://www.chemweek.com/sections/basic_chemicals_plastics/Low-inventories-and-rising-demand-behind-slew-of-TiO2-price-increases_53003.html
June 21, 2013
The European benzene supply is expected to remain tight as the use of lighter feedstocks limits the production of benzene coproduct, according to the latest IHS Chemical Market...
http://www.chemweek.com/sections/basic_chemicals_plastics/European-benzene-supply-tight-despite-slow-demand_52981.html
June 7, 2013
Asian para -xylene ( p -xylene) producers have been faring better than their North American and European counterparts. However, p -xylene market dynamics could be altered by capacity...
http://www.chemweek.com/sections/basic_chemicals_plastics/P-xylene-facing-oversupply-in-Asia-as-capacity-builds_52655.html
June 7, 2013
Benzene prices in the United States took an extended detour from normality during the last 10 months, but they may have gotten back on track for the summer driving season. With the...
http://www.chemweek.com/sections/basic_chemicals_plastics/After-a-year-of-surprises-US-benzene-ready-for-a-quiet-summer_52666.html
June 7, 2013
With the construction season in the United States underway, polyvinyl chloride (PVC) producers have announced a 2-ct/lb June or July increase for domestic contracts, but buyers say...
http://www.chemweek.com/sections/basic_chemicals_plastics/US-PVC-export-prices-trend-upward_52667.html
May 31, 2013
Global polystyrene (PS) demand is expected to be lower in 2013 compared with 2102, according to the latest IHS Chemical Market Advisory Service: Global Plastics & Polymers report...
http://www.chemweek.com/sections/basic_chemicals_plastics/PS-demand-to-fall-in-2013_52404.html
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