IHS Chemical Week
BASIC CHEMICALS

Alberta approves C$500 million in credits for two PDH projects

December 5, 2016 | Clay Boswell

The government of Alberta has approved two propane dehydrogenation (PDH) projects for royalty credits under the province’s Petrochemical’s Diversification Program (PDP). A C$4 billion integrated propylene-polypropylene facility proposed by Pembina Pipeline Corporation and Petrochemical Industries Company (PIC) would receive credits of up to C$300 million. A C$1.85 billion propylene plant proposed by Inter Pipeline would receive credits of up to $C200 billion. Both projects remain in the planning phase....

PhosAgro board approves 2017 and 2020 strategy

December 5, 2016 | Natasha Alperowicz

The PhosAgro (Moscow, Russia) board has approved the company's updated strategy through 2020 and its key focus areas for development in 2017, the company announced Monday....

Container terminal at Petkim complex to start operations this week

December 5, 2016 | Francinia Protti-Alvarez

Petlim Limancılık Ticaret , a Petkim (Aliaga, Turkey) subsidiary, says that the first phase of an 800,000 twenty-foot equivalent unit (TEU) container terminal at Aliaga has been completed. The terminal is expected to reach a capacity of 1.5 million TEU...

OCP, FEPSAN to boost Nigeria's fertilizer production

December 5, 2016 | Francinia Protti-Alvarez

The Fertilizer Producers and Suppliers Association of Nigeria (FEPSAN; Kaduna) and OCP (Casablanca, Morocco) have agreed to yield 1 million metric tons (MMt) of fertilizer through local production for the next farming season, FEPSAN says. The...

Petro Rabigh gradually restarts ethane cracker

December 5, 2016 | Natasha Alperowicz

Petro Rabigh, a joint venture between Saudi Aramco and Sumitomo Chemical, said Monday that following maintenance work that began on 13 November, it is gradually restarting the unit at Rabigh, Saudi Arabia. The company took the 1.6 million metric tons/year...

Trammo olefins team moves to InterChem

December 2, 2016 | Clay Boswell

Commodities trader InterChem (Singapore) has added an olefins department, according to an internal communication provided to IHS. The olefins team from Trammo (New York, New York), which is leaving the petrochemical market, will join InterChem Monday, 12 December, says the email....

Gas turbine investment caps overhaul of Solvay soda ash plant in Italy

December 1, 2016 | Ian Young

Solvay has announced plans to build a gas-turbine cogeneration plant at the company's soda ash facility at Rosignano, Italy. The investment will secure the plant's current production capacity and long-term competitiveness in local and export markets, Solvay says...

Report: Lotte Chemical to expand ethylene capacity

December 1, 2016 | Francinia Protti-Alvarez

Lotte Chemical (Seoul, South Korea) is considering raising capacity at its Yeosu, South Korea, naphtha cracking complex, according to a report from Reuters. The unit currently has a total capacity for 1 million metric tons/year of ethylene. Lotte's...

ICL subsidiary seeks mining permit extension in UK

December 1, 2016 | Natasha Alperowicz

Cleveland Potash, a subsidiary of Israel Chemicals Ltd., has announced it will seek an extension of its planning permission from the North York Moors Park Authority in the United Kingdom to operate the Boulby potash mine for a further 40 years....

Ma'aden invests more than $6 billion to build third phosphate manufacturing complex

December 1, 2016 | Natasha Alperowicz

Saudi Arabian Mining Co. (Ma'aden) has announced it is developing a third phosphate fertilizer complex....

BP China JV shuts PTA line for scheduled turnaround

December 1, 2016 | Sok Peng Chua

BP Zhuhai shut its No. 2 purified terephthalic acid (PTA) line Friday in compliance with a Chinese government mandate. The scheduled shutdown will be for no more than 20 days, sources say. BP Zhuhai, an 85-15 joint venture (JV) between BP and the Zhuhai...

Fitch: Chemical prices to rise in 2017

December 1, 2016 | Vincent Valk

Modest price increases in the energy sector are expected to result in higher prices for petrochemicals, plastics and other chemicals, according to a new report from Fitch Ratings (Chicago)....

Williams Geismar down for 10-day planned maintenance

November 30, 2016 | Clay Boswell

Williams Partners on 29 November took down its Geismar, Louisiana, olefins plant for 10 days of planned maintenance. The company expects the plant, which has capacity to produce 885,000 metric tons/year of ethylene and 52,000 metric tons/year of propylene, to be back up and running at full rate by 9 December. IHS understands that the outage will have minimal market impact....

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