ICIS - Search Articles by Date : February 11 2013 - February 17 2013

Asia top stories - weekly summary
SINGAPORE (ICIS)--Here are some of the top stories from ICIS Asia and the Middle east for the week ended 8 February 2013. (Please click on the.... more
(11 February 2013 01:00)

Europe toluene direction unclear ahead of US driving season
LONDON (ICIS)--The European toluene market continues to struggle with illiquidity , sources said on Monday, while it remains unclear whether.... more
(11 February 2013 12:26)

VIDEO: ICIS Europe Lunchtime Bulletin 11 February 2013
This is the lunchtime bulletin for Europe on Monday 11 February from ICIS. The Lunchtime Bulletin brings you all the latest.... more
(11 February 2013 13:00)

VIDEO: ICIS Europe Lunchtime Bulletin 11 February 2013
This is the lunchtime bulletin for Europe on Monday 11 February from ICIS. The Lunchtime Bulletin brings you all the latest.... more
(11 February 2013 13:00)

US LDPE margins fall on higher feedstock costs
HOUSTON (ICIS)--US polyethylene (PE) margins for low density polyethylene (LDPE) fell by 0.2% from the previous week, as higher feedstock ethane.... more
(11 February 2013 16:28)

Coal stocks at Newcastle port slump after strike
Coal stocks at Newcastle port in Australia have slumped as the effect of a two-day strike by railway workers is felt. Combined stocks at the port.... more
(11 February 2013 17:48)

US ethylene margins fall 3.8% on downturn in spot values
HOUSTON (ICIS)--US spot margins for ethylene fell by around 3.8% week on week, tracking a downturn in spot prices, the ICIS margin report showed.... more
(11 February 2013 18:19)

Market optimism on ENVI vote supports EUA prices
Optimism that the European Parliament's Environment Committee (ENVI) will vote in favour of the back-loading proposal is supporting current carbon.... more
(11 February 2013 18:22)

Dutch natural gas TSO to roll out six new bundled cross-border auctions
The Netherlands competition authority (NMa), has approved bundled cross-border capacity auctions to be extended to six more border points within the.... more
(11 February 2013 18:44)

US February propylene initially settles up 6 cents/lb
HOUSTON (ICIS)--US propylene contracts for February have started to settle at an 8% gain, sources said on Monday. Several sources said they.... more
(11 February 2013 21:38)

Yara says Libyan fertilizer plant suffering power, utility issues
LONDON (ICIS)--Urea production rates at Libyan Norwegian Fertilizer Company (Lifeco) have improved since last year but plant operations continue to.... more
(12 February 2013 12:10)

Europe Feb acrylates to roll over or rise on margin recovery
LONDON (ICIS)--Most European February acrylic acid (AA) and acrylate esters contracts are so far rolling over and increasing slightly, largely in.... more
(12 February 2013 12:50)

VIDEO: ICIS Europe Lunchtime Bulletin 12 February 2013
This is the lunchtime bulletin for Europe on Tuesday 12 February from ICIS. The Lunchtime Bulletin brings you all the latest.... more
(12 February 2013 13:00)

VIDEO: ICIS Europe Lunchtime Bulletin 12 February 2013
This is the lunchtime bulletin for Europe on Tuesday 12 February from ICIS. The Lunchtime Bulletin brings you all the latest.... more
(12 February 2013 13:00)

Japan's Sumitomo Chemical targets Y90bn in net profit by March 2016
TOKYO (ICIS)-- Japanese chemical producer Sumitomo Chemical plans to achieve a net profit of yen (Y) 90bn ($963.2m, €719.4m) in fiscal.... more
(12 February 2013 16:01)

Shippers think Fluxys natural gas reverse flow project might collapse
German transmission system operator (TSO) Fluxys TENP has again extended the deadline for binding commitments in the open season for new.... more
(12 February 2013 16:44)

EC warned of post-2020 carbon leakage risk for steel
The steel industry's carbon and investment leakage risk must be taken into account when developing a post-2020 climate policy framework, the.... more
(12 February 2013 18:03)

MDI demand to outpace capacity growth – US Huntsman
HOUSTON (ICIS)--Demand for methyl di-p-phenylene isocyanate (MDI) will likely outpace growth in capacity during the next few years, the CEO of.... more
(12 February 2013 18:16)

Arkema adds to US March acrylates price-hike efforts
HOUSTON (ICIS)--Arkema will seek increases of 6 cents/lb ($132/tonne, €99/tonne), effective 1 March, for its domestic glacial acrylic acid (GAA).... more
(12 February 2013 21:06)

VIDEO: ICIS Asia Lunchtime Bulletin 13 February 2013
Here is the lunchtime bulletin for Asia on Wednesday 13 February 2013 from ICIS . The Lunchtime Bulletin brings you all the latest chemicals.... more
(13 February 2013 05:00)

VIDEO: ICIS Asia Lunchtime Bulletin 13 February 2013
Here is the lunchtime bulletin for Asia on Wednesday 13 February 2013 from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and.... more
(13 February 2013 05:00)

Indonesia PME heads to US; EU clamps down on biodiesel imports
By Heng Hui SINGAPORE (ICIS)--Indonesia may opt to ship out more palm methyl ester (PME) cargoes to the US in the coming months, as.... more
(13 February 2013 05:01)

Charterers reassess shipping position amid tight LNG supply
Charter interest in the prompt shipping market has slowed as a result of the fundamental lack of marginal LNG supply, shipping sources told ICIS on.... more
(13 February 2013 09:54)

Saudi Arabia's Sipchem to start Jubail etac/butac plant on 15 April
SINGAPORE (ICIS)--Saudi Arabia’s Saudi International Petrochemical Company (Sipchem) is expected to commence production at its upcoming .... more
(13 February 2013 10:04)

France’s Total asset sales to hit $15bn by the end of 2013
SINGAPORE (ICIS)--Total’s asset sales will reach $15bn (€11bn) by the end of 2013, amid ongoing restructuring of its refining and chemicals.... more
(13 February 2013 11:08)

New Hungarian natural gas wholesale licence expected in weeks
Hungary's national development ministry is expected to issue a decree in the coming weeks which will permit companies not based in the country or.... more
(13 February 2013 12:41)

VIDEO: ICIS Europe Lunchtime Bulletin 13 February 2013
This is the lunchtime bulletin for Europe on Wednesday 13 February from ICIS. The Lunchtime Bulletin brings you all the.... more
(13 February 2013 13:21)

VIDEO: ICIS Europe Lunchtime Bulletin 13 February 2013
This is the lunchtime bulletin for Europe on Wednesday 13 February from ICIS. The Lunchtime Bulletin brings you all the latest.... more
(13 February 2013 13:23)

Europe February MEG contract discussions remain unresolved
LONDON (ICIS)--The European February monoethylene glycol (MEG) contract settlement remains unresolved, as buyers refuse to accept to the initial.... more
(13 February 2013 15:08)

Shell considers linear alpha olefin expansion in US
HOUSTON (ICIS)--Shell Chemical announced on Wednesday it is considering the addition of a fourth world-scale linear alpha olefin unit at its.... more
(13 February 2013 17:16)

MP fears subsidy stagnation for new UK low-carbon electricity projects
The subsidy pool for new low-carbon electricity generation projects in the UK through to 2020 "is not going to be much greater in any one year than.... more
(13 February 2013 18:01)

New lower Norwegian natural gas transit tariffs likely by May - ministry
Plans in Norway to lower transmission capacity tariffs for new natural gas volumes destined for continental Europe and Britain could be in place as.... more
(13 February 2013 18:15)

UK carbon floor-EU ETS spread risks leakage - MP
The lack of a set spread between the EU emissions trading system (ETS) price and the UK's looming carbon price support mechanism will increase the.... more
(13 February 2013 19:43)

Styrene study finds 'no credible evidence' of carcinogen claim
HOUSTON (ICIS)--A study published on Wednesday supported by the styrene industry reported in its findings that that there is “no credible evidence”.... more
(13 February 2013 23:23)

VIDEO: ICIS Asia Lunchtime Bulletin 14 February 2013
Here is the lunchtime bulletin for Asia on Thursday 14 February 2013 from ICIS . The Lunchtime Bulletin brings you all the latest chemicals.... more
(14 February 2013 05:00)

VIDEO: ICIS Asia Lunchtime Bulletin 14 February 2013
Here is the lunchtime bulletin for Asia on Thursday 14 February 2013 from ICIS . The Lunchtime Bulletin brings you all the latest chemicals.... more
(14 February 2013 05:00)

Asia BR may rise in March on soaring feedstock BD costs
By Helen Yan SINGAPORE (ICIS)--Spot butadiene rubber (BR) values in Asia look set to increase in March, largely on cost-push factors.... more
(14 February 2013 05:44)

Asia PMMA seen weak in February on weak demand
By Junie Lin BRISBANE (ICIS)--Asia’s general purpose (GP) polymethyl methacylate (PMMA) market is likely to remain lacklustre in February.... more
(14 February 2013 08:00)

Indonesia’s Pertamina eyes higher propylene output in April-May
SINGAPORE (ICIS)--Indonesia’s state-owned refiner Pertamina is expected to run its propylene facilities in Balongan at higher rates by April-May.... more
(14 February 2013 08:14)

Europe PE spot prices dip, monthly buyers aim for rollover
By Linda Naylor LONDON (ICIS)--Polyethylene (PE) spot prices have fallen by a few euros as some sellers drop offers to encourage buying, and.... more
(14 February 2013 12:01)

VIDEO: ICIS Europe Lunchtime Bulletin 14 February 2013
This is the lunchtime bulletin for Europe on Thursday 14 February from ICIS. The Lunchtime Bulletin brings you all the latest.... more
(14 February 2013 13:00)

VIDEO: ICIS Europe Lunchtime Bulletin 14 February 2013
This is the lunchtime bulletin for Europe on Thursday 14 February from ICIS. The Lunchtime Bulletin brings you all the latest.... more
(14 February 2013 13:00)

BP lines up for US LNG with Freeport capacity deal
BP has put down the foundations to expand its global supply portfolio, after entering into the burgeoning US liquefaction sector by signing an.... more
(14 February 2013 13:24)

Solvay to exit Latin America vinyls producer Indupa
BRUSSELS (ICIS)--Solvay is looking to exit its Latin American vinyls venture, Indupa, the Belgium-headquartered chemicals producer said on.... more
(14 February 2013 15:02)

Japan imports less coal in January, but consumption up
The 10 major Japanese power companies bought 4.1m tonnes of coal in January, down from 5.3m tonnes last year and 4.3m in December, data from the.... more
(14 February 2013 15:42)

Putin orders liberalisation of Russian natural gas market
Russia may break state-controlled incumbent Gazprom's monopoly on gas exports in the LNG sector, the country's president, Vladimir Putin, said on 13.... more
(14 February 2013 15:59)

US PP February contracts rise 6 cents/lb with propylene
HOUSTON (ICIS)--US polypropylene (PP) contract prices settled higher by 6 cents/lb ($132/tonne, €98/tonne) in February, following a similar.... more
(14 February 2013 21:59)

US methanol spot jumps 5.5 cents/gal on higher European prices
HOUSTON (ICIS)--US methanol spot barge prices have jumped 5.5 cents/gal in the past week on what some sources suspect are the lure of higher prices.... more
(14 February 2013 23:22)

Asia MMA’s strong gains likely capped on languid demand
By Junie Lin BRISBANE (ICIS)--Strong gains in Asian methyl methacylate (MMA) prices are likely to be capped despite high feedstock costs.... more
(15 February 2013 04:02)

VIDEO: ICIS Asia Lunchtime Bulletin 15 February 2013
Here is the lunchtime bulletin for Asia on Friday 15 February 2013 from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and.... more
(15 February 2013 05:00)