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October 5, 2012
weakness in titanium dioxide (TiO2) demand, fueled by aggressive customer destocking as prices decline, is likely to hurt third-quarter financial results for producers, including...
October 5, 2012
Incitec Pivot (Melbourne) says it has commissioned an ammonia plant at the company’s new ammonium nitrate (AN) complex at Moranbah, Australia. The company began production of AN...
September 21, 2012
Siermann: Focus on sophisticated products. Ferrari: Limit exposure to gas-based PE. European petrochemicals markets remain difficult, with producers buffeted by weak demand, a high...
September 21, 2012
The recent bump in prices for benzene, toluene, and mixed xylenes in Europe may already be tipping from boom to bust, market watchers say. Spot benzene ran up more than $200/m.t. and...
September 14, 2012
Helium supply has become tight in the last few months, and major suppliers are expressing concern as supply dwindles in the location where it is most abundant: the U.S. “Companies...
August 31, 2012
Universal Capital Management (Wilmington, DE) says it has signed a memorandum of understanding to purchase up to 43% of NB Regeneration (Royal Palm Beach, FL). NB Regeneration is in...
August 31, 2012
Kloppers: Prep work continues despite delay. BHP Billiton (Melbourne) says it will delay major expansion projects because of rising production costs and subdued market conditions. The...
August 3, 2012
An uptick in global automotive demand from Asian countries is driving increased demand for ethylene propylene (EP) elastomers, according to a study from IHS Chemical. EP elastomers are...
August 3, 2012
Williams (Tulsa, OK) says it is considering building a propane dehydrogenation (PDH) facility in Alberta. The proposed PDH unit would have the capacity to produce about 1 billion...
July 20, 2012
North American ethylene producers have been able to maintain healthy margins this month amid falling contract prices. U.S. ethylene contracts for June recently settled at a decrease of...
July 20, 2012
LSB Industries (Oklahoma City) says it has resumed production of nitric acid and ammonium nitrate at its El Dorado, AR, facility after an explosion in May significantly damaged the...
July 20, 2012
The U.S. Bankruptcy Court for the Southern District of New York halted a trial between Tronox and Anadarko Petroleum (The Woodlands, TX) after the two parties told the judge they were...
July 6, 2012
Sunoco’s Marcus Hook, PA industrial complex—a former oil refinery and petrochemical facility that was shut down last December—may be able to be re-used in ways that...
July 6, 2012
North American butadiene contracts for the month of July have settled at a 17-cts/lb decrease from June levels, to 90 cts-98 cts/lb, a drop of 15%. The settlement reflects weak demand...
June 22, 2012
Orhon: Change benefits producers and buyers. Styron says its proposal to settle polystyrene (PS) contracts in Europe at the beginning of each month rather than at the end has met with...
June 22, 2012
Braskem has started up a 100,000-m.t./year butadiene expansion at its Triunfo, Brazil petrochemical complex. The company announced last year that it would spend about R300 million...
June 15, 2012
North American propylene prices have taken a nosedive in recent weeks as global oil and petrochemical prices slide. June contracts settled recently at a decrease of 15.5 cts/lb...
June 15, 2012
Kuraray (Tokyo) says its Kuraray America subsidiary will build a 40,000-m.t./year polyvinyl alcohol (PVOH) plant at La Porte, TX. The plant is expected to be onstream in September...
June 15, 2012
Kinder Morgan has completed a binding open season for its $225-million Cochin pipeline reversal project, which will move light natural gas liquids (NGL) condensate from Kankakee...
June 1, 2012
As use of lighter materials to reduce weight in vehicles become more prevalent, fuel efficiency regulations are tightening in the automotive industry and causing supply and demand...
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