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November 22, 2013
Celanese’s recent announcement that it would close its 200,000-m.t./year vinyl acetate monomer (VAM) plant at Tarragona, Spain, is the second VAM closure to be confirmed in...
http://www.chemweek.com/sections/basic_chemicals_plastics/Europe-sheds-50-percent-of-its-VAM-capacity-market-oversupplied_56852.html
November 8, 2013
Steady recoveries in automotive and construction have buoyed demand for acrylonitrile butadiene styrene (ABS) in North America, say analysts at IHS Chemical. For the region’s...
http://www.chemweek.com/sections/basic_chemicals_plastics/Healthy-North-America-ABS-market-attracts-import-competition_56583.html
October 25, 2013
With no new plants announced, ethylene oxide (EO) supplies will continue to tighten for several more years, keeping derivative prices high and margins buoyant, according to analysts at...
http://www.chemweek.com/sections/basic_chemicals_plastics/IHS-EO-shortfall-will-squeeze-prices-into-2016-drive-new-US-capacity_56172.html
October 17, 2013
North American titanium dioxide (TiO2) contracts for the second-quarter have settled at an increase of 15 cts/lb, up about 10% from the first-quarter 2011, to $1.55-$1.69/lb del, on...
http://www.chemweek.com/sections/basic_chemicals_plastics/Titanium-Dioxide-Prices-Soar-on-Short-Supply-Strong-Demand_36307.html
October 11, 2013
Apple’s use of plastic for the case of its new iPhone 5c smartphone reflects a trend that will increase the volume of plastics used in cell phones from 282,000 m.t. in 2013 to 336,000 m.t. in 2017, say analysts at IHS Chemical. The value of the plastics consumed will increase from $3.5 billion to $4.5 billion over the same period....
http://www.chemweek.com/sections/basic_chemicals_plastics/IHS-Plastics-used-in-cell-phones-to-grow-by-$1-billion-through-2017_55848.html
October 11, 2013
Over the next 10 years, the global market for polyvinyl chloride (PVC) will be oversupplied by an annual average of 18 million m.t., according to analysts at IHS Chemical, but...
http://www.chemweek.com/sections/basic_chemicals_plastics/Shale-to-shield-US-chlor-alkali-vinyls_55849.html
September 20, 2013
Sabic’s Innovative Plastics segment continues to invest heavily to strengthen its presence in China. “It is an important market with a very large customer base,” Keith Smith, executive v.p./Innovative Plastics tells CW. “In absolute terms, the industry has seen the largest volume growth in the world coming from China.”...
http://www.chemweek.com/sections/basic_chemicals_plastics/Sabics-Innovative-Plastics-growth-plans-target-China_55296.html
September 20, 2013
Acrylic resins and plastics retain a strong hold on key end markets, and the prospects for demand growth remain bright, say analysts at IHS Chemical. Worldwide demand during...
http://www.chemweek.com/sections/basic_chemicals_plastics/IHS-China-to-drive-strong-growth-for-acrylic-resins-and-plastics_55297.html
September 6, 2013
Faced with the unfamiliar challenge of ethane supply limitations, petrochemical producers in the Mideast are shifting their attention to heavier feedstocks and higher value-added...
http://www.chemweek.com/sections/basic_chemicals_plastics/Ethane-constraints-drive-Mideast-producers-to-heavier-feedstocks_54982.html
September 6, 2013
The summer of 2013 has been a washout for polyethylene terephthalate (PET) in the United States, in part the result of falling demand for carbonated drinks and the greater availability...
http://www.chemweek.com/sections/basic_chemicals_plastics/Feedstocks-to-buoy-US-PET-prices_54983.html
September 6, 2013
Industrial action by canal lock workers could lift prices of petrochemical products transported on Germany’s inland waterways, market sources say. Ver.di (Berlin), a trade union...
http://www.chemweek.com/sections/basic_chemicals_plastics/Industrial-action-at-Germanys-canal-locks-lifts-petchem-prices_54984.html
August 27, 2013
(This story has been corrected. An earlier version published on 12 August stated that a joint venture between Invista and Chongqing Jianfeng Industrial Group is building a...
http://www.chemweek.com/sections/basic_chemicals_plastics/BASFs-PTMEG-moves-highlight-growing-spandex-demand-in-China_54390.html
August 23, 2013
Expectations for higher butadiene prices over the next few months are slim, since demand from butadiene derivatives—namely those related to the tire and automotive...
http://www.chemweek.com/sections/basic_chemicals_plastics/Butadiene-prices-drop-in-Europe-on-poor-demand_54625.html
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
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