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October 7, 2011
ExxonMobil Chemical says demand for high-viscosity polyalphaolefins (PAO) is expected to grow at about 6%-8%/year for the foreseeable future, driving the company to invest in new...
http://www.chemweek.com/sections/basic_chemicals_plastics/Energy-Efficiency-Driving-PAO-Demand_38093.html
October 7, 2011
North American butadiene prices have plunged in recent weeks, driven by lower demand and sluggish buying interest. Contracts for the month of October settled at a decrease of 30...
http://www.chemweek.com/sections/basic_chemicals_plastics/Butadiene-Prices-Slump-on-Sluggish-Demand_38092.html
October 7, 2011
Average U.S. chlor-alkali operating rates rose 2-percentage points in August, to 87%, 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_38094.html
October 7, 2011
FMC says it will increase both list and off-list soda ash prices by $15/ton for all grades of soda ash on November 1. The increase applies to both bulk and packaged products and is in...
http://www.chemweek.com/sections/basic_chemicals_plastics/FMC-to-Boost-Soda-Ash-Prices_38095.html
September 9, 2011
Grupo Alfa’s (Monterrey, Mexico) DAK Americas unit says it has completed the acquisition of the polyethylene terephthalate (PET) business of Wellman for $185 million. The deal...
http://www.chemweek.com/sections/basic_chemicals_plastics/DAK-Americas-Completes-PET-Buy_37456.html
September 9, 2011
The U.S. spot caustic soda market has hit a late-summer slowdown amid a flurry of contract price increase nominations. Spot activity remains scant, but a previously announced $65/ton...
http://www.chemweek.com/sections/basic_chemicals_plastics/Caustic-Soda-Market-Is-Quiet-as-Producers-Push-for-Price-Hikes_37453.html
September 9, 2011
North American ethylene contracts for the month of August have settled at a decrease of 1.25 cts/lb, to 55.5 cts/lb on lower feedstock costs, market players say. The settlement...
http://www.chemweek.com/sections/basic_chemicals_plastics/U-S-Ethylene-Contracts-Settle-Down-on-Lower-Feedstock-Costs_37454.html
September 9, 2011
BorsodChem (Kazincbarcika, Hungary) says it has decided to close the company’s polyvinyl chloride (PVC) processing business, Ablakprofil, with the loss of 82 jobs. Ablakprofil, which...
http://www.chemweek.com/sections/basic_chemicals_plastics/BorsodChem-exits-PVC-Processing_37455.html
September 9, 2011
National Peroxide (Mumbai) has informed the Bombay Stock Exchange that the company began commercial production at its previously announced, expanded hydrogen peroxide (H2O2) facility...
http://www.chemweek.com/sections/basic_chemicals_plastics/National-Peroxide-Starts-at-Kalyan_37457.html
August 29, 2011
North American titanium dioxide (TiO2) producers have nominated another round of price increases after hiking second-quarter prices by 15 cts/lb, or 10%. Four of the five major U.S...
http://www.chemweek.com/sections/basic_chemicals_plastics/TiO2-Producers-Set-to-Raise-Prices-Again_37149.html
August 29, 2011
North American ethylene prices are poised to rebound in the latter half of the current quarter on upcoming cracker turnarounds, market players say. At least four major cracker...
http://www.chemweek.com/sections/basic_chemicals_plastics/Ethylene-Prices-Poised-to-Rise-on-Planned-Outages_37148.html
August 26, 2011
Methanex has restarted its Atlas methanol facility at Point Lisas, Trinidad following an unplanned outage on July 20. Production was down for about a month, curtailing annual output by...
http://www.chemweek.com/sections/basic_chemicals_plastics/Methanex-Resumes-production_37150.html
August 26, 2011
Styron says it will increase the prices for all polycarbonate resins by €220/m.t. in Europe, the Mideast and Africa on September 1, or as contracts allow BASF says it will...
http://www.chemweek.com/sections/basic_chemicals_plastics/Basic-Chemicals-Price-Watch_37151.html
August 22, 2011
Eastman Chemical has restarted its 358,000-m.t./year ethylene unit at Longview, TX following an unplanned outage in early August. Eastman halted ethylene and propylene at its largest...
http://www.chemweek.com/sections/basic_chemicals_plastics/Producers-Resume-Production_36982.html
August 22, 2011
A flurry of caustic soda price increases were nominated by most North American producers in mid-August, after numerous failed attempts to raise contract prices in July by $50/ton...
http://www.chemweek.com/sections/basic_chemicals_plastics/Chlor-Alkali-Producers-Nominate-Caustic-Soda-Price-Hikes_36980.html
August 22, 2011
North American commodity chemicals prices have stumbled in August amid volatility in financial markets and falling energy prices. U.S. butadiene spot prices tumbled 10 cts/lb, to 189...
http://www.chemweek.com/sections/basic_chemicals_plastics/U-S-Commodity-Chemicals-Stumble-on-Financial-Volatility_36979.html
August 19, 2011
The American Natural Soda Ash Corp. (ANSAC; Westport, CT)—a consortium of U.S.-based soda ash producers that sells into specific overseas markets—says it has lifted its...
http://www.chemweek.com/sections/basic_chemicals_plastics/Ansac-Lifts-Force-Majeure_36981.html
August 8, 2011
Global demand for ethylene glycol (EG) increased 12.1% in 2010, to about 19.5 million m.t., and it is forecast to grow about 5.4%/year through 2015, driven by increased demand for...
http://www.chemweek.com/sections/basic_chemicals_plastics/Ethylene-Glycol-Market-Firms-Players-Bullish-on-Outlook_36642.html
July 8, 2011
Global olefins prices are easing, with the notable exception of butadiene, as supply improves and crude oil prices decline. U.S. ethylene contracts for June settled down 3.5 cts/lb, or...
http://www.chemweek.com/sections/basic_chemicals_plastics/Global-Olefins-Prices-Move-Lower_35988.html
July 8, 2011
PetroLogistics, owner and operator of the world’s largest propane dehydrogenation (PDH) plant, may be in talks to buy or lease some of Bayer’s 1,460 unused acres in West Virginia...
http://www.chemweek.com/sections/basic_chemicals_plastics/Petrologistics-Eyes-Bayer-Land-in-West-Virginia-for-Ethane-Cracker_35989.html
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