IHS Chemical Week
BASIC CHEMICALS

NPC aims to start up second Kavian cracker by September - report

4:58 PM MDT | April 17, 2015 | Clay Boswell

National Petrochemical Company (NPC; Tehran) expects to start up a second 1 million m.t./year ethylene plant at the Kavian petrochemical complex in Assaluyeh, Iran, by September, according to a local news report....


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Commerce proposes countervailing duties for melamine from China, Trinidad and Tobago

The US Dept. of Commerce on 14 April issued a preliminary determination that China and the Caribbean nation of Trinidad and Tobago have been subsidizing melamine imported to the United States, and that the imports can therefore be subjected to countervailing duties. Commerce says it will announce a final determination in late August....

Wave of styrene imports starts to arrive in Europe from US

The first shipments of an anticipated wave of styrene imports have started to arrive in Europe. This week, imports totaling approximately 15,000 m.t. arrived there from the United States. The European market has been waiting for US product to arrive since the...

South Korea's first-half April benzene exports reach 54% of March total

South Korea exported about 128,000 m.t. of benzene during 1–16 April, about 54% of the 236,744 m.t. transported for the whole of March, data obtained by IHS Chemical show. The half-month data show about 65,000 m.t. of the total was sent to China...

Yeochun NCC on track to shut cracker, aromatics plants 16 May for maintenance

Yeochun NCC (YNCC; Seoul) is on schedule to shut its no. 1 naphtha cracker and several aromatics plants from the middle of May for 30–40 days of planned maintenance, a source close to the company says. The turnaround program for the cracker is expected...

Sibur delays world-scale petchem project due to challenging economic environment

Sibur (Moscow) says that its biggest investment project, a world-scale petrochemicals complex at Tobolsk, Russia, will likely reach mechanical completion in 2019, one year later than previously announced. Speaking at a press briefing in London today, Sibur...

Celanese, Mitsui explore methanol JV at Bishop, TX

Celanese and Mitsui & Co. today announced that they are planning a potential methanol joint venture to be located at Celanese’s facility at Bishop, TX. Celanese says it has filed for air permits, and that a final decision to build the plant, which would have a capacity of 1.3 million m.t./year, will consider prevailing methanol market conditions and construction costs, among other factors....

Japan produces more BTX in March versus February

Month-on-month, Japan increased its production of benzene, toluene, and xylenes (BTX) in March by 11%, 13% and 9%, respectively, the Japan Petrochemical Industry Association says. Total benzene production was 369,300 m.t. versus 331,700 m.t. in February, but...

Asian styrene prices hit levels not seen since November 2014

Styrene prices in Asia hit $1,410/m.t. CFR China Thursday, a level not seen since early November, IHS Chemical data shows, amid tight supply concerns and short-covering activity. Today’s spot market activity was brisk as market participants targeted...

Braskem slows Marcellus cracker, considers polypropylene expansion

Braskem is reevaluating its planned Parkersburg, WV cracker, a joint venture with Odebrecht, to address uncertainties generated by the steep decline in crude oil pricing. Assuming it proceeds, startup would come after 2020, says Fernando Musa, CEO of Braskem America. “This is something that we will continue to pursue, and look for the right timing and moment to invest,” he adds....

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