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July 18, 2014
Worldwide demand for soda ash will increase almost 34% during the next decade thanks to the recovering construction and automotive industries, according to the IHS Chemical World Analysis—Soda Ash 2014. Consumption of soda ash is more than 55 million m.t./year and will increase to almost 73 million m.t./year by 2023, the report says....
http://www.chemweek.com/sections/basic_chemicals_plastics/Auto-construction-to-drive-soda-ash-demand-in-the-next-decade_62539.html
July 18, 2014
Chevron Phillips Chemical (CPChem) has declared f orce majeure on ethylene and polyethylene (PE) in the aftermath of a fire that took the company’s 853,000-m.t./year steam...
http://www.chemweek.com/sections/basic_chemicals_plastics/US-ethylene-prices-strengthen-after-fire-shuts-down-CPChem-cracker_62538.html
July 10, 2014
[Correction: A previous version of this story stated that a mechanical issue prevented Dow from restarting its Texas City VAM unit following a maintenance turnaround. In fact, the...
http://www.chemweek.com/sections/basic_chemicals_plastics/Dow-declares-force-majeure-on-vinyl-acetate-monomer-from-Texas-City-update_62317.html
July 7, 2014
After four consecutive monthly declines, US methanol contract prices are likely to increase in August, IHS Chemical says. A surge in spot transactions indicates that buyers expect the...
http://www.chemweek.com/sections/basic_chemicals_plastics/US-methanol-expected-to-firm-up-through-the-end-of-2014_62316.html
July 7, 2014
The explosion and fire at a propylene oxide–tyrene monomer (POSM) plant at Shell Chemicals’ Moerdijk, Netherlands, complex on 4 June has not impacted styrene derivatives beyond the...
http://www.chemweek.com/sections/basic_chemicals_plastics/Moerdijk-fire-does-not-affect-price-for-styrene-derivatives_62318.html
July 3, 2014
Methanex issued a June methanol reference price of 160 cts/gal fob US Gulf, marking a third consecutive month of 10-cts/gal reductions. Southern Chemical, which distributes in the...
http://www.chemweek.com/sections/basic_chemicals_plastics/Methanex-lowers-reference-price_61759.html
June 27, 2014
Operational issues will keep US supplies of ethylene relatively tight for the next couple of months, IHS Chemical projects. However, weak derivative exports will leave US propylene...
http://www.chemweek.com/sections/basic_chemicals_plastics/Surprises-shift-price-outlook-for-ethylene-and-benzene-in-the-US_62088.html
June 13, 2014
Mexico’s constitutional reforms aimed at opening up the country’s energy sector and encouraging private firms to invest are a welcome change for many companies operating in...
http://www.chemweek.com/sections/basic_chemicals_plastics/Petchems-to-benefit-eventually-from-Mexicos-energy-reforms_61751.html
June 13, 2014
Celanese, citing tight worldwide supply of vinyl acetate monomer (VAM), has announced a 4-cts/wet lb price increase for vinyl acetate-based emulsions sold in the Americas, effective 16...
http://www.chemweek.com/sections/basic_chemicals_plastics/Celanese-ups-VAM-emulsions_61760.html
June 13, 2014
Most US producers of caustic soda have nominated a $60/dry short ton price increase for July, and the figure appears to have support, says IHS Chemical. Aside from pockets of softening...
http://www.chemweek.com/sections/basic_chemicals_plastics/US-caustic-increases-for-July_61761.html
June 13, 2014
Western Europe’s ethylene contract price for June was settled on 28 May at €1,170/m.t. ($1,587), an increase of €10/m.t. from May and the first increase since January. With...
http://www.chemweek.com/sections/basic_chemicals_plastics/EU-ethylene-up-10m-t-for-June_61762.html
June 13, 2014
US propylene values continue to fall from January highs, but low Asian prices are hindering derivative exports. The trend will reverse in July, and US prices will rise until late in...
http://www.chemweek.com/sections/basic_chemicals_plastics/US-propylene-values-trending-downward-through-July_61763.html
May 30, 2014
Europe is producing less pyrolysis gas (pygas) and benzene, causing the region to rely more on imports, IHS Chemical says. Lower extraction capacity is contributing to this emerging...
http://www.chemweek.com/sections/basic_chemicals_plastics/Europes-benzene-spread-widens_61402.html
May 30, 2014
Butadiene demand in Asia will grow more quickly over the next few years than supply, which will be constrained by the availability of crude C4, says IHS Chemical. On-purpose production...
http://www.chemweek.com/sections/basic_chemicals_plastics/IHS-Asia-butadiene-to-tighten-on-shortage-of-crude-C4s_61419.html
May 9, 2014
Significant price increases have been a feature of the worldwide vinyl acetate monomer (VAM) market during 2014, with prices rising sharply from week to weekbecause of the restricted...
http://www.chemweek.com/sections/basic_chemicals_plastics/Global-VAM-prices-to-stabilize-remain-high-long-term_60909.html
May 9, 2014
A new methane-to-ethylene process developed by Siluria Technologies (San Francisco) appears to be technologically and economically viable and could improve the relative cost position...
http://www.chemweek.com/sections/basic_chemicals_plastics/IHS-Strong-economics-for-Siluria-methane-to-ethylene-process_60880.html
April 26, 2014
Members of the European Parliament (MEP) have voted in favor of halving the consumption of lightweight plastic bags by 2017, and reducing it by 80% by 2019 compared with 2010 levels...
http://www.chemweek.com/sections/basic_chemicals_plastics/European-Parliament-votes-to-reduce-usage-of-lightweight-plastic-bags_60608.html
April 25, 2014
South America is a net importer of caustic soda. As a whole the region produced 1.9 million m.t. of caustic soda last year and consumed 4.1 million m.t., according to the latest IHS...
http://www.chemweek.com/sections/basic_chemicals_plastics/Slow-demand-keeps-caustic-soda-prices-stable-in-Brazil_60538.html
April 25, 2014
the path ahead for the EU chlor-alkali industry, given the December 2017 deadline for conversion of all plants to membrane or nonasbestos diaphragm technology, was a top theme at Euro Chlor’s 9th Technology Conference and Exhibition, held 1–3 April at Madrid. The event attracted more than 360 delegates from around the world....
http://www.chemweek.com/sections/basic_chemicals_plastics/European-chlor-alkali-and-the-road-to-2018_60539.html
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