IHS Chemical Week

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Netherlands (697)


Rare Europe-to-Asia arbitrage opens as Europe's benzene market lengthens
A rarely seen arbitrage between Europe and Asia for benzene has opened and reportedly been worked as Europe still struggles to deal with length in its domestic system heading into March. Given recent expansions in Asia's aromatics capacity, the more usual...

Shell confirms plans to rebuild Moerdijk POSM unit, aromatics plant back onstream, cracker to restart in third quarter
Royal Dutch Shell says that it has made a final investment decision to rebuild the Ellba propylene oxide–styrene monomer (POSM) plant at Shell Chemicals' Moerdijk, Netherlands, site, which was badly damaged by an explosion in June 2014. Shell announced...

Oiltanking sells minority stakes in two European terminals to investment firm
Oiltanking (Hamburg) says that it has agreed to divest stakes of 45% in two of the company's tank storage terminals in northwest Europe, to 3i Infrastructure. The terminals are at Terneuzen, Netherlands and Ghent, Belgium. Financial terms of the deal have not...

EEA report: Increasing use of renewable energy results in falling carbon emissions in Europe
The use of renewable energy resources is successfully driving down carbon emissions in Europe, according to a report published by the European Environment Agency (EEA; Copenhagen). EU greenhouse gas (GHG) emissions could have been 7% higher in 2012 than...

OCI NV details plans to demerge fertilizers from construction operations
OCI N.V. (Amsterdam) announced today that it has formally commenced proceedings to demerge the company’s engineering and construction business from its fertilizer and chemicals operation. The demerger was announced by the board of directors on 6...

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