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March 2, 2012
Eastman Chemical says it will increase the price of methyl acetate by 3 cts/lb in North America on March 15, due to elevated operating costs, particularly for raw materials and freight...
http://www.chemweek.com/sections/basic_chemicals_plastics/Basic-Chemicals-Price-Watch_41730.html
February 21, 2012
Global demand for polycarbonate (PC) is expected to grow about 5.3%/year to 2016, to about 4.7 million m.t., driven by developments in the automotive glazing and consumer electronics...
http://www.chemweek.com/sections/basic_chemicals_plastics/Auto-and-Electronics-Drive-Polycarbonate-Growth_41418.html
February 17, 2012
Koppers (Pittsburgh), a maker of coal tar-based products, says it will close its wood treating facility at Grenada, MS by July 31. The plant produces utility poles and had net sales of...
http://www.chemweek.com/sections/basic_chemicals_plastics/Koppers-to-Close-Plant_41419.html
February 17, 2012
Oxea (Oberhausen, Germany) says it will increase the price of polyols in the North America on March 1, or as contracts allow. Neopentylglycol and trimethylolpropane will each increase...
http://www.chemweek.com/sections/basic_chemicals_plastics/Oxea-Boosts-Prices_41420.html
February 10, 2012
North American propylene contracts are poised to skyrocket for the month of February with settlements reported to be nearly concluded at a gain of 16.5 cts/lb by CW press time. The...
http://www.chemweek.com/sections/basic_chemicals_plastics/U-S-Propylene-Prices-Poised-to-Skyrocket_41240.html
February 10, 2012
LSB Industries (Oklahoma City, OK) has completed a project to increase anhydrous ammonia capacity at its Pryor, OK facility. The nameplate ammonia capacity at the plant is 255,500...
http://www.chemweek.com/sections/basic_chemicals_plastics/LSB-Industries-Completes-Anhydrous-Ammonia-Expansion_41241.html
February 10, 2012
Celanese says it will increase the price of vinyl acetate/ethylene (VAE), vinyl acrylic, pure acrylic, PVAc homopolymers and other copolymers sold in the Americas by 3 cts/lb, on...
http://www.chemweek.com/sections/basic_chemicals_plastics/Basic-Chemicals-Price-Watch_41242.html
January 27, 2012
Recent announcements that methanol producers will significantly increase capacity in North America is more than just a shift to take advantage of low feedstock prices, players say. If...
http://www.chemweek.com/sections/basic_chemicals_plastics/Capacity-Additions-Signal-Structural-Shift_40813.html
January 27, 2012
Average U.S. chlor-alkali operating rates rose 4 percentage points in December, to 81%, according to the latest statistics reported by the Chlorine Institute (Arlington, VA). Total...
http://www.chemweek.com/sections/basic_chemicals_plastics/Chlor-Alkali-Production-Rises_40814.html
January 27, 2012
BASF has declared force majeure on purified ethylene oxide (EO) produced at its Geismar, LA plant citing “a mechanical failure of a critical piece of equipment.” The force majeure...
http://www.chemweek.com/sections/basic_chemicals_plastics/BASF-Declares-Force-Majeure_40815.html
January 27, 2012
Enterprise Products Partners says it will extend its open commitment period for ethane volumes from its ATEX Express pipeline by two weeks due to increased demand. Enterprise announced...
http://www.chemweek.com/sections/basic_chemicals_plastics/Enterprise-Extends-Ethane-Shipper-Commitment-Period_40816.html
January 20, 2012
The North American petrochemical plant turnaround season is beginning, and U.S. ethane prices have fallen 7% since the start of the year, to about 68 cts/gal, due partly to reduced...
http://www.chemweek.com/sections/basic_chemicals_plastics/Turnarounds-Boost-North-American-Ethylene-Prices_40608.html
January 20, 2012
U.S. benzene contracts were settled 70 cts/gal higher for January, up more than 23% from December, and spot aromatics prices have shot even higher as multiple forces combine to choke...
http://www.chemweek.com/sections/basic_chemicals_plastics/Reformer-Reductions-Pinch-Supply_40609.html
January 20, 2012
North American spot butadiene prices skyrocketed 30 cts/lb last week, to $1.34/lb. The surge was triggered by short supply combined with renewed buying interest, players say. Most...
http://www.chemweek.com/sections/basic_chemicals_plastics/North-American-Spot-Butadiene-Prices-Soar_40610.html
December 19, 2011
Petchem Players Eye Benefits of Feedstock Revolution Midstream petroleum companies are poised to benefit from a building boom in the U.S. petrochemical industry, following a flurry of...
http://www.chemweek.com/sections/basic_chemicals_plastics/Shale-Gas-Generates-Investment-Boom_39760.html
December 9, 2011
Average U.S. chlor-alkali operating rates fell 5 percentage points in October, to 78%, according to the latest statistics reported by the Chlorine Institute (Arlington, VA). Total...
http://www.chemweek.com/sections/basic_chemicals_plastics/Chlor-alkali-Rates-Fall_39597.html
December 9, 2011
Koppers Holdings says it will close its carbon black manufacturing facility at Kurnell, Australia. The decision was made in response to deteriorating operating conditions including raw...
http://www.chemweek.com/sections/basic_chemicals_plastics/Koppers-Closes-Carbon-Black_39596.html
December 9, 2011
North American butadiene contracts have concluded for the month of December in a split settlement, just as the market evened out contract prices. Three producers’ contracts settled...
http://www.chemweek.com/sections/basic_chemicals_plastics/North-American-Butadiene-Prices-Tumble-Again_39594.html
December 9, 2011
Mitsubishi Chemical and A. Schulman have agreed to dissolve and liquidate their Sunprene Co. (Akron, OH) polyvinyl chloride (PVC) compounds joint venture. Schulman has a 70% stake in...
http://www.chemweek.com/sections/basic_chemicals_plastics/Mitsubishi-Chemical-and-Schulman-Dissolve-Sunprene-JV_39595.html
December 9, 2011
Chevron Phillips Chemical (CPChem) says it has completed the acquisition of a polyalphaolefin (PAO) plant at Beringen, Belgium from Neste Oil. The purchase price was not disclosed but...
http://www.chemweek.com/sections/basic_chemicals_plastics/CPChem-Completes-PAO-Acquisition-from-Nestle-Oil_39598.html
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