ICIS - Search Articles by Date : August 06 2012 - August 12 2012

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China PE, PP import prices to fluctuate in tight range
By Chow Bee Lin SINGAPORE (ICIS)-- China ’s polyethylene (PE) and polypropylene (PP) import prices are likely to stay within a tight.... more
(06 August 2012 05:55)

VIDEO - ICIS Asia Lunchtime Bulletin 06 August 2012
Here is the lunchtime bulletin for Asia on Monday 06 August 2012 from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and.... more
(06 August 2012 06:00)

Propylene derivatives AA, MMA face August hikes
LONDON (ICIS)--Propylene derivatives acrylic acid (AA), acrylate esters and methyl methacrylate (MMA) have seen prices see-saw this year,.... more
(06 August 2012 11:32)

Europe August olefins CP hikes improve cracker margins by 48%
LONDON (ICIS)--European contract cracker margins based on naphtha feedstock have risen by almost half compared with the margin average for July, on.... more
(06 August 2012 15:46)

Romania's Hidroelectrica announces force majeure on electricity contracts
Romania's hydro electricity generator Hidroelectrica has declared force majeure on all its delivery contracts, slashing its August production to a.... more
(06 August 2012 16:30)

Germany's hard coal-fired newbuild electricity projects uncertain
German utilities have been running their hard coal-fired power plants at full load with strong dark spreads in recent months, but many are less.... more
(06 August 2012 17:02)

Climate-vulnerable countries oppose ERU transfer by non-Kyoto II parties
The world's least developed countries have spoken out against states that have not signed up to a second Kyoto Protocol commitment period continuing.... more
(06 August 2012 18:00)

Italian natural gas transport charge cut by 75%, postponed to October
Following harsh criticism from natural gas market participants, Italian energy regulator AEEG has postponed the application of a transmission tariff.... more
(06 August 2012 18:32)

VIDEO - ICIS Americas Lunchtime Bulletin 6 August 2012
Here is the lunchtime bulletin for the Americas on Monday from ICIS . The Lunchtime Bulletin brings you all the latest chemicals.... more
(06 August 2012 19:00)

July chemical tanker traffic on Texas channel surges year on year
HOUSTON (ICIS)--Chemical tanker arrivals in July on the Houston Ship Channel doubled year on year from surging gasoline and other petroleum.... more
(06 August 2012 19:27)

US CF Industries net earnings increase 24% year on year
HOUSTON (ICIS)--US fertilizer maker CF Industries' second-quarter net earnings rose by 24% year on year to a record $606.3m (€491.1m) on the.... more
(06 August 2012 22:58)

VIDEO - ICIS Asia Lunchtime Bulletin 07 August 2012
Here is the lunchtime bulletin for Asia on Tuesday 07 August 2012 from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and.... more
(07 August 2012 06:00)

Taiwan's FPCC delays restart of Mailiao No 1 cracker
(adds details in paragraphs 5 and 7) SINGAPORE (ICIS)-- Taiwan 's Formosa Petrochemical Corp (FPCC) has delayed resuming operations at its.... more
(07 August 2012 08:00)

Germany’s LANXESS not expecting further momentum in H2 2012
(adds outlook and segment earnings) LONDON (ICIS)--German specialty chemicals maker LANXESS on Tuesday said it does not expect to see any further.... more
(07 August 2012 10:35)

Momentive Specialty Chemicals sees no bounce-back through 2012
HOUSTON (ICIS)--Momentive Specialty Chemicals does not expect to see business recover before the end of the year, the CEO of the US-based.... more
(07 August 2012 15:45)

August IPEX declines on falling global chemical prices
LONDON (ICIS)--The ICIS Petrochemical Index (IPEX) has declined for the fourth consecutive month, with the August index falling to 299.82, its.... more
(07 August 2012 17:19)

VIDEO - ICIS Americas Lunchtime Bulletin 7 August 2012
Here is the lunchtime bulletin for the Americas on Tuesday from ICIS . The Lunchtime Bulletin brings you all the latest chemicals.... more
(07 August 2012 18:00)

US Flint Hills Resources to keep Illinois EPS plant
HOUSTON (ICIS)--US expandable polystyrene (EPS) producer Flint Hills Resources will not sell its plant in Peru, Illinois, sources said on Tuesday..... more
(07 August 2012 18:02)

Green light for Switzerland-to-France natural gas capacity plans
French energy regulator CRE has given the go-ahead for French natural gas transmission system operator (TSO) GRTgaz to launch a call for tender to.... more
(07 August 2012 18:46)

VIDEO - ICIS Asia Lunchtime Bulletin 08 August 2012
Here is the lunchtime bulletin for Asia on Wednesday 08 August 2012 from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and.... more
(08 August 2012 06:00)

Thai PTTGC Q2 profit shrinks 90% as product prices fall
(adds details on product prices) SINGAPORE (ICIS)--Thailand’s PTT Global Chemical posted a 90% drop in its second-quarter 2012 net profit to.... more
(08 August 2012 06:25)

SABIC to shut Al-Jubail MEG unit for turnaround early September
SINGAPORE (ICIS)--SABIC is planning to shut a 700,000 tonne/year monoethylene glycol (MEG) unit at Al-Jubail in Saudi Arabia for.... more
(08 August 2012 10:37)

ICIS launches a dedicated report for the Asian polybutylene terephthalate (PBT) market
ICIS launches the first and only weekly price report covering the PBT market in Asia, the world’s largest and fastest-growing market. The newly.... more
(08 August 2012 10:46)

Epoxy resins expansions to lengthen European market
LONDON (ICIS)--Upcoming epoxy resins capacity expansions will lengthen the already oversupplied European market and possibly drive prices down,.... more
(08 August 2012 12:07)

Analysts question Czech energy policy to 2040
The Czech industry and trade ministry announced last week that it has completed its update of its national energy policy, aiming to attract.... more
(08 August 2012 12:51)

Turkey must heed German lesson as solar electricity boom looms
Solar power developers across Turkey must learn lessons from Germany's "ill-designed" introduction of photovoltaic generation as they prepare to.... more
(08 August 2012 17:27)

German solar capacity rise pressures electricity prices
Increased solar power production in Germany has combined with weaker demand year on year to pressure German electricity prices, particularly in.... more
(08 August 2012 17:49)

US Q3 melamine contracts rise 4% on steady demand, snug supply
HOUSTON (ICIS)--US melamine contract prices for the third quarter settled at an average increase of 3.5 cents/lb on steady demand and snug supply,.... more
(08 August 2012 19:55)

Firms accused of making no biofuel still on US producer list
(recast with comments from the EPA) By Al Greenwood HOUSTON (ICIS)--Two companies accused of creating phoney biofuel credits remain as of.... more
(08 August 2012 20:22)

China BD may extend falls as imports boost domestic supply
By MK Liu SINGAPORE (ICIS)--China's butadiene (BD) spot prices may fall further as demand remains weak while supply is being augmented by.... more
(09 August 2012 03:33)

Europe PE spot prices up by at least 25% on end-June levels
LONDON (ICIS)--European polyethylene (PE) spot prices have surged by at least 25% since the end of June, and monthly buyers are faced with hikes of.... more
(09 August 2012 12:25)

Europe August styrene CRP settles at €1,375/tonne, up €135/tonne
LONDON (ICIS)--The European August styrene contract reference price (CRP) has been settled at €1,375/tonne ($1,698/tonne), up by €135/tonne .... more
(09 August 2012 13:15)

Huntsman mulls expansion of MDI capacity at Geismar, Louisiana
HOUSTON (ICIS)--Huntsman has commissioned engineering studies to increase methyl di-p-phenylene isocyanate (MDI) capacities at its site in .... more
(09 August 2012 14:16)

Canada NOVA Q2 profit falls 16% on lower margins, higher depreciation
TORONTO (ICIS)--NOVA Chemical’s second-quarter profit fell 16% year on year to $189m (€153m) as the company saw higher depreciation expenses and.... more
(09 August 2012 14:42)

CO2 price and free allocation uncertainty affects steel major
One of Europe's biggest manufacturers is not covering its carbon allowance needs for next year in advance because of continuing uncertainty.... more
(09 August 2012 15:50)

SOCAR may tap EU natural gas assets after Shah Deniz fund pledge
Azerbaijan's oil and gas incumbent SOCAR appears to be "winning the argument" to transport and control the flow of Caspian gas to Europe after an.... more
(09 August 2012 16:33)

Germany in stand-off on unprofitable electricity generation capacity
A stand-off has emerged between Germany's economy ministry, transmission system operators and power plant operators about who pays to keep.... more
(09 August 2012 17:26)

US propylene for Aug drops 1.5 cts/lb in initial settlements
HOUSTON (ICIS)--US propylene contracts for August began to settle on Thursday at a reduction of 1.50 cents/lb ($33/tonne, €27/tonne), pressured by.... more
(09 August 2012 20:36)

Asia naphtha set on a wild ride; crack gains seen limited
By Felicia Loo SINGAPORE (ICIS)-- Asia ’s naphtha prices are likely to go on a roller-coaster ride, with gains in crack spreads expected to.... more
(10 August 2012 04:42)

Asia soap noodle price gap may prevail in Q4 on uncertainty
By Andrea Heng SINGAPORE (ICIS)-- Asia ’s soap noodle market may continue to see a gap between buyers’ and sellers’ prices into the fourth.... more
(10 August 2012 05:10)

VIDEO - ICIS Asia Lunchtime Bulletin 10 August 2012
Here is the lunchtime bulletin for Asia on Friday 10 August 2012 from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and.... more
(10 August 2012 06:00)

Taiwan’s CPC restarted No 2 PX/OX unit after long shutdown
SINGAPORE (ICIS)-- Taiwan ’s CPC restarted its No 2 paraxylene (PX) and orthoxylene (OX) unit in Kaohsiung on 9 August after several-month long.... more
(10 August 2012 06:51)

Statoil backs away from Shtokman LNG development
Norway's state producer Statoil has formally withdrawn its 24% participation in the Shtokman gas project in Russia's Barents Sea, raising more.... more
(10 August 2012 10:19)

Cheniere moves forward on Sabine Pass LNG exports
Houston-based Cheniere Energy has arrived at making a final investment decision (FID) on the first two trains of its proposed 18m tonnes per annum.... more
(10 August 2012 11:11)

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