IHS Chemical Week
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Muntajat subsidiary opens 10 new marketing offices

9:00 AM MDT | October 13, 2014 | Natasha Alperowicz

A wholly owned subsidiary of Qatar Chemical and Petrochemical Marketing and Distribution Co. (Muntajat; Doha) headquartered at The Hague has announced 10 new marketing offices have opened in Casablanca, Morocco; Colombo; Dubai; Mumbai; Guangzhou and...


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Canpotex to expand Portland potash export terminal

Canpotex (Saskatoon, SK), a potash export cartel, says that it is expanding its potash export facility at the Port of Portland’s (Portland, OR) marine terminal 5. Canpotex, through its wholly owned subsidiary Portland Bulk Terminals (PBT), is investing...

Odfjell Gas enters into LPG-ethylene pool agreement with Lauritzen Kosan

Odfjell Gas (Bergen, Norway), a joint venture that Odfjell has agreed on with investment firms Breakwater Capital and Oak Hill Advisors, has entered into an agreement with Lauritzen Kosan (Copenhagen), placing Odfjell Gas's two liquefied petroleum gas...

Pembina buys Vantage pipeline, plans $500-million propane export terminal at Portland

Pembina (Calgary, AB) has chosen Portland, OR, as the site for a $500-million, 30,000-bbl/day propane export facility. The company has also agreed to acquire the Vantage pipeline system and Mistral Midstream’s share of the Saskatchewan Ethane Extraction Plant (SEEP) for a total of $650 million....

Muntajat signs agreement with Qatari shipping firm to export ammonia

Qatar Chemical and Petrochemical Marketing and Distribution Co. (Muntajat; Doha) has signed a two-year contract with Qatar Navigation (Milaha; Doha) for the time charter of the liquefied petroleum gas carrier Almarona to transport ammonia from Qatar to...

Petkim sells stake in Petlim Port in Turkey to Goldman Sachs

Investment banking group Goldman Sachs has become a partner in Turkey’s largest integrated port, operated by Petkim, the country’s leading petrochemicals producer. The deal will boost the company’s plans to develop the port into the largest...

Odfjell spins LPG-ethylene shipping business into JV, orders four vessels

Odfjell says it has agreed with affiliates of investment firms Breakwater Capital and Oak Hill Advisors to form a liquefied petroleum gas (LPG) and ethylene shipping joint venture. Odfjell, meanwhile, says it has exercised an option for Nantong...

Odfjell net loss widens, plans restructuring

Odfjell posted a net loss of $23 million in the first quarter compared with a net loss of $13 million in the first quarter of 2013. Sales were $266 million, up from $256 million in the year-earlier period. The company's Ebitda declined year-on-year (YOY), to...

Ineos orders two additional ethane carriers from Evergas

Ineos has reached an agreement with Evergas (Copenhagen) to expand, from four to six vessels, the former's order for a series of ethane vessels that are under construction in China, Ineos announced today. Ineos signed, in January last year, a 15-year...

ACC, CI sue to stop railroad from imposing new shipping restrictions

The Chlorine Institute and ACC have asked the US District Court for the District of Minnesota to prevent Canadian Pacific Railway from imposing a restrictive new requirement on shippers of chlorine and other toxic inhalation hazard materials. The Fertilizer Institute has joined the complaint....

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