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Market trends: Boost for benzene
Prices for other aromatics also rise. Styrene moves up $20-50 on falling Chinese inventories and improving downstream markets more
(13 June 2003 15:35)
Majors mulling Sing jv acrylic expansions
Sumitomo Chemical and Toagosei are considering expanding the capacities of their joint-venture 60 000 tonne/year acrylic acid plant and 60 000.... more
(10 June 2003 14:45)
Chem-wire Express Japan
Chem-wire Express Japan: Edition of
9 June
Basic and Fine
Chemicals
Itochu will double the capacity for
hydrofluoric anhydride at.... more
(10 June 2003 14:19)
Chem-wire Express Japan
Chem-wire Express Japan: Edition of 10 June
Basic and Fine
Chemicals
Kansai Paint will expand its joint production
bases in China's.... more
(11 June 2003 07:13)
Chem-wire Express Japan
Chem-wire Express Japan: Edition of 11 June
Basic and Fine Chemicals
JSP Corp (Tokyo) is to inaugurate its
three-year plan this.... more
(12 June 2003 04:45)
Chem-wire Express Japan
Chem-wire Express Japan: Edition of 12
June
Basic and Fine
Chemicals
Nikki Chemical is
planning to triple its production capacity.... more
(13 June 2003 08:43)
Lucrative leaders
Dow Chemical is focusing on the next-generation engineering tools and their integration. The company's project manager Dave Jasper believes that up.... more
(13 June 2003 18:04)
Acordis adds to tyre yarn
Dutch fibres group Acordis is investing E5.5m in an expansion of its polyester yarn production at its Brazilian site in Camacari, Bahia more
(13 June 2003 18:04)
Olefins players seek direction
Further volatility in the US natural gas market is creating difficulties for US olefins producers. Olefins producers are keen to pass on higher.... more
(13 June 2003 18:04)
Latin Americain oilfield build
Poland Quimica is to build a $1m oilfield chemicals plant in Maracaibo, northwest Venezuela, by the second half of 2004 more
(13 June 2003 18:04)
Product profile: Ethylene
People are watching the Middle East to size up the effect of mega-builds on Europe. A new European cracker is doubtful while firms squeeze more.... more
(13 June 2003 18:04)
Sumitomo unit is under way
Sumitomo Chemical has begun constructing a methionine plant at its Ehime Works in Japan, with completion scheduled for Spring 2005 more
(13 June 2003 18:04)
Rhodia earmarks $10m for Brazil plant
Rhodia intends to invest $10m expanding its phenol and acetone capacity in Brazil by 27%, in a bid to meet a growing domestic demand more
(13 June 2003 18:04)
20 years ago
ECN 20 June 1983 more
(13 June 2003 18:04)
People on the move
BASF
Magdalena Moll will become the new head of investor relations at
BASF at the beginning of August. She succeeds Carolin Weitzmann,
who.... more
(13 June 2003 18:04)
Market trends: Styrene responds to Asian demand
Styrene continues to climb globally on renewed Asian interest. Toluene numbers have jumped to $340-355/tonne fob NWE in response to the US market and.... more
(13 June 2003 18:04)
News in brief
US unit mothballed
Chevron Phillips Chemical is set to mothball its cumene and
benzene units in Port Arthur, Texas, US, by the end of.... more
(13 June 2003 18:04)
News in brief
Pluschem partner
Mapril has joined Pluschem as its representative partner for
Portugal, bringing the number of partners in the.... more
(13 June 2003 18:04)
News in brief
Danish policy
The Danish government has signalled a change of course in its
environmental policy, paving the way for greater emphasis.... more
(13 June 2003 18:04)
News in brief
Efficiency increase
Throughput of a unit at Shell Moerdijk Chemicals' site in the
Netherlands has been increased by over 5% through the.... more
(13 June 2003 18:04)
Fibres monitor: Fibre intermediates feel the pinch
Pressure on the fibres sector has caused a squeeze in the fibre intermediates markets. Lacklustre Asian buying activity is having a knock-on effect.... more
(13 June 2003 18:04)
Riding out the storm
Last year was not a good one for Europe's biotech sector, with revenues slipping for the first time, following a decade of year-on-year double-digit.... more
(13 June 2003 18:04)
Preparing ground
A notable rise in biotech drugs and vaccines sees big pharma and contract manufacturers rubbing their hands with glee... but is it early days.... more
(13 June 2003 18:04)
ADM sees it through
Archer Daniels Midland (ADM) has improved production of transparent xanthan gum used as a flow control and suspending agent in water-based industrial.... more
(13 June 2003 18:04)
HER-2 supply deal signed
Xenova has signed a two-year manufacturing, development and clinical supply agreement with Pharmexa for the contract manufacture of HER-2 protein more
(13 June 2003 18:04)
Polietilenos tenders technology
Brazil's Polietilenos Uniao plans to open the tender for the technology licence for its polyethylene (PE) project in Capuava, Sao Paulo state, in the.... more
(13 June 2003 18:04)
Projections indicate rise in greenhouse gas emissions
Emissions of greenhouse gases could rise by 17% in highly industrialised countries this decade, despite measures currently in place to limit them,.... more
(13 June 2003 18:04)
Spot decline heralds methanol slide
Methanol producers are bracing themselves for a drop in the third quarter contract price more
(13 June 2003 18:04)
Uhde joins forces with PET producer KoSa
Engineering contractor Uhde of Dortmund, Germany, and polyethylene terephthalate (PET) producer KoSa of Houston, Texas, US, have joined forces to.... more
(13 June 2003 18:04)
Reliance steps up production output
Reliance Industries of India has increased its production capacity for polyester, polymers and other petrochemicals over the past few months, through.... more
(13 June 2003 18:04)
TDG midnight train to Daventry
TDG has enhanced its UK rail-freight service with the addition of an overnight rail service running from Grangemouth to Daventry more
(13 June 2003 18:04)
Taking the MultiCore route
Air Products is to use two pipelines of the MultiCore route between Botlek and Pernis in the Port of Rotterdam, Netherlands more
(13 June 2003 18:04)
Producers push price hikes
European ethanolamines producers have made various attempts to achieve price hikes of E80-100/tonne throughout the second quarter more
(13 June 2003 18:04)
ChemConnect feeds real-time
Real-time market information from ChemConnect is to be distributed through Bloomberg Professional more
(13 June 2003 18:04)
PowderJect gives vaccines boost
UK company PowderJect Pharmaceuticals has announced a five year £85m (E121m/$141m) investment in its vaccine capacity in Liverpool, northwest England more
(13 June 2003 18:04)
Black Sea spot ammonia finds support
Black Sea ammonia spot prices have found support in the past few weeks, following concluded business of around 150 000 tonne for shipment to the US.... more
(13 June 2003 18:04)
Styrene markets remain volatile
After two consecutive contract price increases in the first half of 2003, European styrene monomer markets are approaching quarter three negotiations.... more
(13 June 2003 18:04)
Sward of Damocles?
Are GMOs a future feedstock for the human race or simply a modern-day sword of Damocles hanging over the global biotechnology industry? Mark.... more
(13 June 2003 18:04)
Methanex to move forward
Methanex has decided to proceed with a 1.3m tonne/ year methanol plant on the Burrup Peninsula, Western Australia, to supply the Asia-Pacific more
(13 June 2003 18:04)
Banks adopt green guideline
Ten leading banks have adopted a voluntary set of environmental and social guidelines for the financing of development projects more
(13 June 2003 18:04)
Shareholders fear Mg carve-up
That catchphrase of the 1990s - shareholder value - has become a euphemism for merging and demerging more
(13 June 2003 18:04)
UCB foretells a dull story for 2003 profits
Belgium's UCB has warned that poor economic conditions and the weakening dollar are dragging down its profitability, possibly leaving 2003 profits.... more
(13 June 2003 18:04)
Core Venture gas project talks come to a standstill
Talks on the Core Venture 1 gas project in Saudi Arabia have failed more
(13 June 2003 18:04)
Strategy views effect of environment on ills
The European Commission has launched an Environment and Health strategy with the aim of reducing diseases caused by environmental factors in Europe more
(13 June 2003 18:04)
Facing a plethora of problems
In the current unstable economic environment, Europe's petrochemical industry must face the challenges of the evolution of the average size of its.... more
(13 June 2003 18:04)
Great Lakes in Atlantic shift
Great Lakes is nearing completion of a £3m (E4.3m/ $5.0m) investment in flame retardants after relocating from West Virginia, US, to Manchester in.... more
(13 June 2003 18:04)
Patheon arm inks drug deal with Roche
The Italian subsidiary of drug development and manufacturing services company Patheon, of Toronto, Canada, has entered into an agreement with Roche.... more
(13 June 2003 18:04)
Standart Kimya wins auction for Petkim
A company set up by the Turkish Uzan family empire has made the winning bid for Turkey's state-owned petrochemicals producer Petkim with a bid of.... more
(13 June 2003 18:04)
Akzo Nobel's bottom line under fire
Akzo Nobel has strenuously refuted an accusation that it flattered 2002 earnings figures by incorrectly accounting for E1.1bn in pension liabilities more
(13 June 2003 18:04)
Q1 rise bodes well for 2003
Worldwide production of synthetic rubber rose in the first quarter of 2003, according to data released by the International Institute of Synthetic.... more
(13 June 2003 18:04)
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INSIGHT: Government challenge on Teesside is to enable the enablers
“Coxon reckons the goal is to create new, potentially high growth sectors of the process industry that can be internationally competitive.” more
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