IHS Chemical Week
AMERICAS

Report: Braskem, Petrobras fail to agree on naphtha contract price; extend existing deal until February 2015

6:45 AM MDT | September 1, 2014 | Francinia Protti-Alvarez

Petrobras and Braskem have extended the terms of their existing naphtha supply contract for six months after the companies failed to reach an agreement on the price, according to a report from Brazilian newspaper Folha de S. Paolo. The extension maintains the...


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OCI Partners restarts Beaumont methanol plant

OCI Partners (Nederland, TX) says it is starting up its methanol plant at Beaumont, TX after carrying out essential repairs on the plant's reformer. OCI Partners said on 29 August that it expected to restart production of methanol during the following two...

Argentina's polymer and synthetic rubber output up 31% in July

Argentina's output of polymers and synthetic rubber rose 31.4% year-on-year (YOY) in July, according to national statistics office Indec (Buenos Aires). Overall production of polymers and synthetic rubber was up 6% in the first seven months of 2014 compared...

Protex buys US electronic chemicals firm

Protex International (Paris) says it has acquired Mereco Technologies Group (West Warwick, RI), including the Metachem Resins and DMS divisions. Financial terms of the deal were not disclosed. Mereco and its subsidiaries manufacture and market...

Petronas, YPF to develop uncoventional hydrocarbons in Argentina

Petronas (Kuala Lumpur) and Yacimientos Petroliferos Fiscales (YPF; Buenos Aires) have signed an agreement covering the development of unconventional hydrocarbons in Neuquén Province, Argentina, YPF says. The project requires a total investment of $550...

Agrium signs plant nutrition deal

Agrium says its Loveland Products subsidiary has entered into a soil and plant health nutritional products development and commercialization deal with Actagro. Under the terms of the agreement, Loveland Products gains "expanded distribution...

IHS: Global methanol demand to rise 80% by 2023, China to drive demand

Global methanol demand is expected to increase from 60.7 million m.t. in 2013 to more than 109 million m.t. in 2023, with an average annual growth rate of 6%, according to research from IHS. China is expected to be the major driver of this increase, while the...

Albemarle and ICL to form polymeric flame retardants JV

Albemarle and Israel Chemicals Ltd. (ICL; Tel Aviv) today announced that they have entered into an agreement to establish a manufacturing joint venture to produce ICL's FR-122P polymeric flame retardant and Albemarle's GreenCrest polymeric flame retardant...

Odebrecht's Ascent cracker project negotiates remediation agreement with WVDEP

Odebrecht’s (Salvador, Brazil) Appalachian Shale Cracker Enterprise (Ascent) steam cracker project continues to move forward with the acceptance of its voluntary remediation application by the West Virginia Department of Environmental Policy (WVDEP). The agency says its office of environmental remediation and Ascent are currently negotiating an agreement for the identification of health and ecological risks associated with current and potential future uses of the site and the establishment remediation standards....

Albemarle, Rockwood courtship played out over 2 years

Four other specialty chemical makers had also expressed interest in all or part of Rockwood in recent months, according to a regulatory filing....

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