ICIS - Search Articles by Date : July 30 2012 - August 05 2012

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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 27 July 2012. (Please click on.... more
(30 July 2012 02:00)

Japan's June chemical output up 0.1% from May
TOKYO (ICIS)-- Japan ’s chemical output, excluding pharmaceuticals, increased in June by 0.1% month on month but declined by 8.3% year on year,.... more
(30 July 2012 05:55)

VIDEO - ICIS Asia Lunchtime Bulletin 30 July 2012
Here is the lunchtime bulletin for Asia on Monday 30 July 2012 from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and.... more
(30 July 2012 06:00)

Asia methanol market shrugs off Malaysia supply disruption
By Heng Hui SINGAPORE (ICIS)--Spot methanol prices in Asia are unlikely to move up by much as weak demand outweighs any impact from a.... more
(30 July 2012 09:01)

Europe styrene gains ground ahead of August contract
By Truong Mellor LONDON (ICIS)--After weeks of bearishness owing to poor derivative demand combined with soaring benzene costs that.... more
(30 July 2012 12:26)

US petchem engineering firm CB&I to acquire Shaw Group for $2bn
LONDON (ICIS)-- US petrochemical engineering firm CB&I will acquire the Shaw Group in a deal valued at around $2.0bn (€1.62bn), it said on.... more
(30 July 2012 14:05)

ICE promises easy access to UK phase III CO2 auction platform
London-based exchange ICE Futures Europe and the UK's energy and climate change ministry have promised to help smaller companies access the UK's.... more
(30 July 2012 15:35)

Turkish high bilateral electricity trade volumes may lower system fee - sources
Turkish market participants are expecting to pay low zero balance fees in August as a large share of the electricity that changed hands in July was.... more
(30 July 2012 17:21)

VIDEO - ICIS Asia Lunchtime Bulletin 31 July 2012
Here is the lunchtime bulletin for Asia on 31 July 2012 from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and market news.... more
(31 July 2012 05:00)

Asia VAM may rebound on firmer feedstock costs
By Samuel Wong SINGAPORE (ICIS)--Spot prices of vinyl acetate monomer (VAM) in Asia may have troughed and look set to rebound in the near.... more
(31 July 2012 07:18)

Mideast PE, PP buying slows on high offers amid Ramadan
By Ong Sheau Ling SINGAPORE (ICIS)--Buying activities in the Middle East spot polyethylene (PE) and polypropylene (PP) resins market.... more
(31 July 2012 09:58)

Test runs ongoing at ExxonMobil Singapore's new elastomers unit
(adds details) SINGAPORE (ICIS)--Energy giant ExxonMobil is currently conducting test runs at its new 300,000 tonne/year specialty elastomers.... more
(31 July 2012 10:30)

Germany’s Bayer raises full-year sales forecast
(adds further details for financial earnings and outlook) LONDON (ICIS)-- Germany ’s Bayer on Tuesday raised its sales forecast for the full.... more
(31 July 2012 10:43)

EDF lowers 2012 forecast for nuclear electricity output in France
French incumbent generator EDF has revised down its target for nuclear electricity production for 2012 to about 415TWh from 420-425TWh, the group's.... more
(31 July 2012 11:40)

Shell re-evaluating Italy’s LNG project as ERG pulls out
The fate of an 8 billion cubic metre (Gm³) LNG regasification project in southern Italy is in doubt after one of the companies involved decided to.... more
(31 July 2012 15:53)

Top US official says chemical site security plan has problems
BALTIMORE, Maryland (ICIS)--A top-ranking federal security official on Tuesday conceded that the five-year-old government programme to ensure.... more
(31 July 2012 16:19)

Japanese buyers commit to Freeport LNG supply
Japanese utilities Osaka Gas and Chubu Electric Power have deepened the country's exposure to US liquefaction potential, committing to purchase LNG.... more
(31 July 2012 17:57)

No new UK nuclear electricity build before 2022, DECC figures imply
The UK government does not expect any nuclear reactors to be built before 2022, according to projections for new capacity made by the Department of.... more
(31 July 2012 18:45)

VIDEO - ICIS Asia Lunchtime Bulletin 01 August 2012
Here is the lunchtime bulletin for Asia on Wednesday 01 August 2012 from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and.... more
(01 August 2012 06:00)

Asia PBT consumption slows; China to export excess supply
By Heng Hui SINGAPORE (ICIS)--Asia’s demand for natural grade polybutylene terephthalate (PBT) in Asia will continue to grow but at a more.... more
(01 August 2012 06:51)

Asia caustic soda to stay in tight range on buy-sell discord
By Feliana Widjaja SINGAPORE (ICIS)-- Asia ’s caustic soda prices are unlikely to experience substantial fluctuations in the near term as.... more
(01 August 2012 07:27)

France’s Arkema swings to Q2 net loss on vinyls divestment
(adds segment financials and CEO comment) LONDON (ICIS)--Arkema swung to a second-quarter net loss of €12m ($15m), from a net profit of €184m in.... more
(01 August 2012 11:08)

US Huntsman’s Polyurethanes business helps Q2 net profit rise 9%
LONDON (ICIS)--Huntsman’s second-quarter net profit grew by 9% year on year to $124m (€100m), helped by strong growth from the group’s.... more
(01 August 2012 12:03)

October LNG swap trades on EAX
The world's first cleared LNG swap traded again on Tuesday, following the first trade on 16 July. The contract settled on the Heren East Asia Index.... more
(01 August 2012 14:03)

Wind subsidy cut may spur UK electricity prompt volatility
The UK is on the verge of a rush to install and commission onshore wind electricity generation projects to beat a looming cut in subsidies,.... more
(01 August 2012 15:52)

HFC-23 CERs and low carbon prices undermine weekly UN issuance
Renewed concerns about hydrofluorocarbon-23 (HFC-23) abatement projects and depressed carbon prices have contributed to low certified emission.... more
(01 August 2012 16:21)

Colombian coal exporter declares force majeure on ‘case-by-case’ basis
Late on Tuesday Colombian coal exporter Prodeco declared force majeure on a case-by-case basis for a "handful of vessels", giving bullish impetus to.... more
(01 August 2012 17:33)

Eni to renegotiate 30% of its natural gas portfolio in 2012 as sales drop
Italian incumbent Eni is renegotiating long-term natural gas supply contracts for an amount equivalent to 30% of its portfolio, as low demand and.... more
(01 August 2012 17:57)

Styrolution declares FM on styrene business for August
HOUSTON (ICIS)--Styrolution said on Wednesday that it has declared force majeure on its North American styrene business for August, following.... more
(01 August 2012 18:13)

VIDEO - ICIS Asia Lunchtime Bulletin 02 August 2012
Here is the lunchtime bulletin for Asia on Thursday 02 August 2012 from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and.... more
(02 August 2012 06:00)

Asia’s SM prices up 15% on tight supply in east China
By Clive Ong SINGAPORE (ICIS)--Asia’s styrene monomer (SM) prices have risen by 15% from early June on the back of tight supply in.... more
(02 August 2012 07:43)

Versalis focused on bio-BD strategy, more projects to follow
By Andy Brice LONDON (ICIS)--The bio-based butadiene joint venture announced last week by Versalis may be the first of many new.... more
(02 August 2012 11:10)

Eustream faces delayed entry to GATRAC cross-TSO natural gas capacity booking platform
Plans to integrate Slovak natural gas transmission system operator (TSO) Eustream into the GATRAC platform have stalled as the incumbent members.... more
(02 August 2012 16:33)

Hungary facing Week-ahead price spikes as electricity system struggles
Hungarian traders are getting hot under the collar, partly because of 37ºC temperatures forecast this coming Monday - which many expect to.... more
(02 August 2012 17:26)

AAU surplus ‘trade-off’ could see low-carbon roadmap revived
Internal EU negotiations to find a unified position on the issue of surplus UN carbon allowances may end in a "trade-off" to get Poland to sign up.... more
(02 August 2012 18:03)

US ethylene contracts for July rising nearly 8% to 42 cts/lb
HOUSTON (ICIS)--US ethylene contracts for July were settling at a 3 cent/lb ($66/tonne, €54/tonne) increase on Thursday, in a nearly market-wide.... more
(02 August 2012 18:22)

Natural gas traders enraged at new transport tariff introduced in Italy
A measure forcing operators injecting natural gas into the Italian grid to pay an additional tariff from 1 August angered and surprised traders,.... more
(02 August 2012 18:24)

VIDEO - ICIS Americas Lunchtime Bulletin 2 August 2012
Here is the lunchtime bulletin for the Americas on Thursday from ICIS . The Lunchtime Bulletin brings you all the latest.... more
(02 August 2012 19:00)

Asia BD may extend falls; tight Taiwan supply to temper decline
By Helen Yan SINGAPORE (ICIS)--Asia’s butadiene (BD) prices are likely to fall further on continued weakness in downstream demand, but.... more
(03 August 2012 05:45)

VIDEO - ICIS Asia Lunchtime Bulletin 03 August 2012
Here is the lunchtime bulletin for Asia on Friday 03 August 2012 from ICIS . The Lunchtime Bulletin brings you all the latest chemicals and.... more
(03 August 2012 06:00)

Iran’s Mehr Petchem runs HDPE unit at 80-90% after July outage
SINGAPORE (ICIS)-- Iran ’s Mehr Petrochemical is running its 300,000 tonne/year high density polyethylene (HPDE) plant at Assaluyeh at 80-90%.... more
(03 August 2012 07:46)

Europe PE converters frustrated by July-August price volatility
By Cuckoo James LONDON (ICIS)--Europe's polyethylene (PE) buyers are vocal about risks to their packaging businesses from cost-driven price.... more
(03 August 2012 12:26)

US chemicals, plastics sectors add jobs in July for 2nd month running
WASHINGTON (ICIS)--The US chemicals and plastics industries added workers in July, the Department of Labor (DOL) said on Friday, marking the.... more
(03 August 2012 16:54)

Downgrades 'will affect' Spanish electricity and natural gas utilties' trading
Fitch Ratings' decision on Thursday to downgrade the credit ratings of four utilities with exposure to the Spanish electricity and natural gas.... more
(03 August 2012 18:03)

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