HOUSTON (ICIS)--Here are the top stories from ICIS News from the week ended 2 February:
PTTGC, Daelim to
conduct feasibility study on planned US
PTT Global Chemical (PTTGC) and South Korean construction and chemical company Daelim Industrial Co will conduct a feasibility study on the Thai firm's planned cracker in the US.
Topsoe tapped for world-scale IGP Methanol US
Gulf Coast complex
US producer IGP Methanol has awarded a technology licensing contract to Haldor Topsoe for work on what is expected to be the world’s largest methanol production complex, the Denmark-headquartered engineering firm said on Tuesday.
declares force majeure on US
LyondellBasell has declared force majeure on US ethylene oxide (EO) (pure) and ethylene glycols (EG) due to the complete failure of third-party supplier of steam to the Bayport, Texas EO plant, according to a customer letter obtained on Tuesday.
Navigator form joint venture to build ethylene
Enterprise Products Partners and Navigator Holdings have formed a 50:50 joint venture to build a new 1m tonne/year ethylene export facility along the US Gulf Coast, the US and UK companies said on Wednesday.
BASF set to start
construction on new US MDI plant in early
BASF will start on the construction of a new methylene diphenyl diisocyanate (MDI) synthesis unit at its US site in Geismar, Louisiana, early in the second quarter, the Germany-based chemicals major said on Wednesday.
benzene settles lower, market moves back into
US February benzene contracts settled at an 11 cent/gal ($33/tonne) decline from January on Wednesday.
US DowDuPont to
start up LDPE, EPDM plants in
DowDuPont plans to start up its new low density polyethylene (LDPE) plant and ethylene propylene diene monomer (EPDM) plant in the first quarter, the company said on Thursday.
January ethylene contracts settle 0.25 cent/lb
Initial US January ethylene contract settlements have been agreed at an increase of 0.25 cent/lb from the prior month, market sources said on Thursday, although the settlement is not yet confirmed to be marketwide.
ahead with new petchem project
LyondellBasell is advancing plans for new petrochemical projects, mainly in the US, its CEO said on Friday.