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

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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 March 2013. (Please click on the link.... more
(11 March 2013 01:00)

VIDEO: ICIS Asia Lunchtime Bulletin 11 March 2013
Here is the lunchtime bulletin for Asia on Monday 11 March 2013 from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and.... more
(11 March 2013 05:00)

Weak PS demand in India to continue; substitution trend grows
By Veena Pathare SINGAPORE (ICIS)--India’s polystyrene (PS) consumption looks set to end the current fiscal year at below.... more
(11 March 2013 05:34)

S Africa's Sasol June-Dec ’12 net profit falls on one-off charges
SINGAPORE (ICIS)--South Africa’s Sasol said on Monday that its net profit fell by 11.7% year on year to rand (R) 12.6bn ($1.34bn) for the second.... more
(11 March 2013 08:49)

NBP Day-ahead rockets on undersupplied natural gas system
NBP Day-ahead surged more than 4p/th from Friday's close as the British natural gas system was undersupplied on Monday morning, amid strong demand. .... more
(11 March 2013 12:25)

Europe benzene weighed down by global bearishness, weak demand
LONDON (ICIS)--Global bearishness and softening derivative demand has pulled the European benzene market down to its lowest point since May.... more
(11 March 2013 12:27)

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

Polish arm of RWE first to receive natural gas OTC trade approval
The Polish subsidiary of German-headquartered utility RWE has become the first company to receive an exemption from the Polish energy regulator URE.... more
(11 March 2013 16:22)

Weak demand sees Australia's Newcastle coal exports decline
Coal exported from the Australian port of Newcastle declined by 6.1% week on week to 2.47m tonnes, data from the port authority out Monday shows,.... more
(11 March 2013 17:36)

Vale decides to suspend potash project in Argentina
HOUSTON (ICIS)--Unable to gain desired tax breaks for its $5.9bn (€4.5bn) Rio Colorado potash facility in Argentina, Brazil mining.... more
(11 March 2013 18:52)

US caustic soda supply snug on demand from non-traditional buyers
MEXICO CITY (ICIS)--Demand from non-traditional export destinations is straining US caustic soda availability, a market source said on Monday. .... more
(11 March 2013 22:06)

VIDEO: ICIS Asia Lunchtime Bulletin 12 March 2013
Here is the lunchtime bulletin for Asia on Tuesday 12 March 2013 from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and.... more
(12 March 2013 05:00)

Asia BD plunges 9%; may extend slump on weak demand
By Helen Yan SINGAPORE (ICIS)--Asia’s butadiene (BD) prices may drift below $1,800/tonne (€1,386/tonne) this month after a 9% slump.... more
(12 March 2013 05:02)

EU chlor-alkali plant conversions not an issue – executive
By Janos Gal LONDON (ICIS)--The phasing-out and conversion of plants using the mercury production process will not cause shortages in the.... more
(12 March 2013 11:38)

NBP natural gas Day-ahead surges on Rough storage problems
NBP prompt prices surged even higher, with Within-day trading above a £1/th, after it emerged that withdrawals from long-range storage site Rough.... more
(12 March 2013 12:10)

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

Updated: UK electricity Day-ahead at 13-month high as capacity cut looms
(The second paragraph has been updated to include closing prices) A looming curtailment of UK-France interconnector capacity saw Baseboard.... more
(12 March 2013 13:16)

Auctions and prices prompt debate over CO2 broker future
Falling prices and large auction volumes on an oversupplied carbon market could change the way that emissions are traded, a utility has suggested..... more
(12 March 2013 15:09)

US crude production in Dec was highest in 20 years
WASHINGTON (ICIS)--US crude oil production exceeded an average level of 7m bbls/day in November and December last year, the Department of Energy.... more
(12 March 2013 18:02)

NBP natural gas spot jumps again, boosts premium to rest of Europe
The rising British wholesale gas price continued to draw focus from all traded markets as the Within-day contract again surpassed £1.00/th.... more
(12 March 2013 18:45)

'Battle lines are being drawn' in US April MA contracts
HOUSTON (ICIS)--A drop in feedstock costs could lead to a reduction in the April contract price for US maleic anhydride (MA), sources said on.... more
(12 March 2013 21:31)

Asia naphtha market under pressure as plastics demand weakens
By Felicia Loo SINGAPORE (ICIS)--Spot naphtha prices in Asia are feeling the downward pressure from weakening plastics demand, with industrial.... more
(13 March 2013 04:06)

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

Versalis Dunkirk cracker in restart phase
LONDON (ICIS)--Versalis’ cracker in Dunkirk, France is in its start-up phase, a source of the Italy-based producer said on Wednesday. "We are.... more
(13 March 2013 09:51)

Natural gas prices fall but NBP still leads way as April rises
Dutch and German natural gas prompt contracts fell fastest on Wednesday morning with the British NBP Day-ahead premium to mainland Europe rising.... more
(13 March 2013 11:54)

Warsaw Stock Exchange to hold phase II carbon auction
News that the Warsaw Stock Exchange will host a small auction of Polish phase II emissions allowances has been taken as a sign the platform is.... more
(13 March 2013 12:31)

Lower volumes, higher costs weigh on ICL’s Q4 net profit
(Updates with segment data) LONDON (ICIS)--Israel Chemicals' (ICL) net income fell by 43% year on year to $209.5m (€161.3m) in the fourth.... more
(13 March 2013 12:39)

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

LyondellBasell plans 800m lb/year ethylene expansion at Texas plant
NEW YORK (ICIS)--LyondellBasell plans to add an additional 800m lb/year (363,000 tonnes/year) of ethylene capacity at its cracker at Corpus.... more
(13 March 2013 15:03)

Updated: E.ON rejects 'slave labour' for loss-making German Irsching electricity plant
German utility E.ON warned it will temporarily shut its 845MW combined heat and power gas plant, Irsching 5, by the end of March, unless it receives.... more
(13 March 2013 15:15)

US BD market sees prices softening with no lunar new year pop
By Mark Yost HOUSTON (ICIS)--Some US BD buyers and sellers were asking themselves on Wednesday, “Where is the lunar new year pop?” the uptick.... more
(13 March 2013 15:16)

NBP April '13 trades at a record high as natural gas prompt markets dip
The April 2013 natural gas contract at the NBP traded at a record high on Wednesday, breaking 70p/th (€0.81/th) despite British and mainland.... more
(13 March 2013 19:04)

Asia SBR prices fall on lower feedstock, weak demand
By Helen Yan SINGAPORE (ICIS)--Styrene butadiene rubber (SBR) prices fell during the week in Asia as plunging feedstock butadiene (BD).... more
(14 March 2013 04:03)

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

Asia SM market pauses after 5% slump; may resume downtrend
By Clive Ong SINGAPORE (ICIS)--Spot styrene monomer (SM) prices in Asia appear to be taking a breather from sharp falls this week,.... more
(14 March 2013 05:46)

Struggling solar industry weighs on Wacker 2012 net profit
(updates throughout) LONDON (ICIS)--Weak prices and demand for solar-grade semiconductors and silicon wafers have driven down Wacker Chemie’s.... more
(14 March 2013 11:22)

Comment: The US will share the benefits of LNG exports
The US will share the economic benefits of exporting shale gas with its potential buyers, in spite of fears to the contrary more
(14 March 2013 12:40)

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

Europe March paraxylene confirmed at €1,250/tonne
LONDON (ICIS)--The March European paraxylene (PX) contract has been confirmed at €1,250/tonne ($1,623/tonne), down €10/tonne from the previous.... more
(14 March 2013 13:16)

US Dow Chemical speeds up divestments, targets $1bn in proceeds
HOUSTON (ICIS)--Dow Chemical is speeding up its divestment programme, targeting more than $1bn (€770m) in proceeds from divestments,.... more
(14 March 2013 13:56)

Decision on Gazprom natural gas export monopoly expected in weeks
News on whether foreign companies will be allowed to export natural gas from Russia could arrive within a fortnight. A Russian government.... more
(14 March 2013 14:31)

Japanese imports of coal increase 22% in February
The 10 major Japanese utilities imported 5m tonnes or 22% more coal month on month in February, new data from the power producers shows. The.... more
(14 March 2013 14:42)

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INSIGHT: US chemicals sector welcomes TSCA reform bill
“We now have an historic legislative opportunity that can be embraced by both sides of the aisle.” more

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