IHS Chemical Week
BASIC CHEMICALS

Canpotex reaches agreement with Chinese potash customers

10:09 AM MDT | March 30, 2015 | Natasha Alperowicz

Canpotex (Saskatoon, SK), the potash export cartel representing Agrium, Mosaic, and PotashCorp, said today that it has finalized potash supply contracts for 2015 with all of its major customers in China, including Sinofert. The company has not announced the...


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Kazakhstan Potash Corp. signs EPC agreement with Chinese construction company

Kazakhstan Potash Corp. (KPC; Melbourne), a minerals exploration company listed on the Australian Stock Exchange and controlled by Chinese businessmen, announced today that its subsidiary Batys Kali has signed an engineering, procurement, and construction...

South Korea's first-quarter benzene exports spike 75% YOY

South Korea’s benzene exports for the first three months of 2015 are expected have surged more than 75% surge year-on-year, data obtained by IHS Chemical show. Over 1–26 March, the country transported more than 190,000 m.t. of benzene. When added...

Safco delays starting up new urea plant

Saudi Arabian Fertilizer Co. (Safco), a Sabic subsidiary, says that completing mechanical and construction work on its urea plant at Al Jubail has been delayed. Trial runs at the 1.1-million m.t./year urea facility have been delayed by three months, to...

IHS WPC: Basic chemical capacity to grow 4%/year this decade

Demand for key basic chemicals has surged since the financial crisis of 2008-2009, but imbalances in supply and demand have emerged that will shape margins through the end of the decade, says Mark Eramo, v.p./global chemical insights at IHS Chemical. Ethylene and vinyls are set to benefit, but methanol could be challenged....

Sipchem to halt production of acetic acid for plant turnaround

Saudi International Petrochemical Co. (Sipchem) says it intends to stop production at its Al Jubail acetic acid plant to carry out regular maintenance. The facility will stop production on 1 April for 26 days, during which the company will work to improve...

CPChem begins start-up at Texas ethylene unit

ChevronPhillips Chemical (CP Chem) began a start-up event from its shutdown Ethylene Unit 33 at its Sweeny, Texas, facility, according to a filing with state regulators on Thursday.    In a filing with the Texas Commission on Environmental Quality...

IHS WPC 2015: China to keep importing p-xylene as production and demand grows

Although China accounts for the world's largest para-xylene (p-xylene) capacity, it will still need to import more than half of this capacity for the foreseeable future, according to Petrochina's senior engineer Li Zhenyu. Speaking at the 30th annual IHS...

Celanese hikes acetic acid prices in China for third time in March; second time for Asia

Celanese has raised its acetic acid prices in China and Asia (excluding China) effective 25 March—the former for a third time and the latter for a second time this month—the company says, citing “recent rapid increase and continued...

IHS WPC 2015: ExxonMobil sees US petrochemical advantage as durable

“Changing oil prices have not changed the fact that shale production technologies have unlocked an abundant long-term supply of natural gas in the region,” says Matt Aguiar, senior v.p. at ExxonMobil Chemical. “US gas production has grown by 45% over the past six years. The nation has a nearly 100-year natural gas supply, and it’s still growing.”...

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