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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
July 16, 2013
Methanol’s comeback in North America, another consequence of the shale gas revolution, is quickly gaining momentum. Two dormant plants have been restarted, another is scheduled...
http://www.chemweek.com/sections/basic_chemicals_plastics/Methanol-production-returns-to-North-America-on-back-of-shale-gas-surge_52093.html
July 12, 2013
Over the next six months, ethylene prices in the United States will change little, although the ongoing Williams steam cracker outage and potential hurricane disruption could yield surprises, IHS Chemical says....
http://www.chemweek.com/sections/basic_chemicals_plastics/Feeds-end-markets-determine-outlook-for-US-olefins-aromatics_53548.html
July 12, 2013
Ethylene contract prices have been stable in Europe over the last couple of months. July settled at €1,170/m.t. ($1,500/m.t.), a rollover on June, and the June contract was just...
http://www.chemweek.com/sections/basic_chemicals_plastics/Stable-ethylene-lower-feedstock-prices-boost-margins-in-Europe_53549.html
June 28, 2013
Buyers and sellers of sodium chlorate in North America are likely to reach an agreement on quarterly and half-yearly contracts in early July, according to IHS Chemical. Suppliers...
http://www.chemweek.com/sections/basic_chemicals_plastics/Canadian-sodium-chlorate-suppliers-increase-share-of-North-American-market_53265.html
June 28, 2013
European styrene prices have been strong, with June contract price settled at €1,424/m.t. ($1,856), €10 higher than May. Spot prices also rose steadily throughout June...
http://www.chemweek.com/sections/basic_chemicals_plastics/European-styrene-contracts-likely-to-roll-over-or-drop-on-benzene-decline_53266.html
June 28, 2013
Global polyethylene terephthalate (PET) prices are expected to hold or improve slightly during the summer as some demand returns. However, margins continue to struggle overall: The...
http://www.chemweek.com/sections/basic_chemicals_plastics/PET-prices-hold-margins-suffer-amid-weak-demand_53267.html
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