BASF Nylon Plant Closure Reflects a Global Shift in Demand
September 21, 2009
BASF to Close Permanently Nylon-6 Plant in Germany | chemweek.com
BASF's closure of the nylon 6 plant in Rudolstadt, Germany is reflective of the broader global trends affecting nylon - slower demand growth that is shifting toward China and away from Europe and North America.
Challenges INEOS Phenol Will Face in Its Perspective Phenol Plant in China
September 7, 2009
INEOS Phenol confirms Chinese Government authorities re-approve investment plans for a 400 kte facility | yourpetrochemicalnews.com
The green light indeed confirmed INEOS Phenol’s higher process technology level, better scale efficiency and the known global reputation. However, once the perspective plant is put into operation somewhere in 2011, INEOS Phenol will inevitably face some immediate challenges
Mitsubishi Chemical Wants to Leap Ahead
September 4, 2009
Mitsubishi Chemical in talks to buy rival | www.ft.com
In Mitsubishi Chemical's mid-term plan, Shift to high performance products and high value-added business and investment in alliances and M&A are listed as basic strategies to grow the business. The deal talk seems exactly on the right track; No matter whether it is Mitsubishi Rayon or others, one thing seems certain: Mitsubishi Chemical is ready to invest M&A to leap ahead.
Chemical Industry Study on Greehouse Gases - an interesting framework
July 21, 2009
Chems industry reduced global GHG by 11% in 2005 - ICCA | www.icis.com
The International Council of Chemical Associations emissions be enabling applications and technologies that serve to reduce overall societal emissions. Of great importance are chemical-based insulation, crop fertilizer/protection chemicals and improved lighting.
Sabic’s Dismal Q2 Results Unlikely Representative of the Petrochemical Industry
July 20, 2009
UPDATE 1-Saudi Basic Industries' Q2 profit plummets on crisis | www.iii.co.uk
Sabic buys feedstocks at a low, fixed price, so falling prices mean falling EBITDA.Market conditions for Sabic in Q2 of 2008 were different that for other non-Middle Eastern producers.
After Dow’s Petrochemical Plant Closures – More Yet to Come
July 5, 2009
Dow Chemical to Shut Three Louisiana Ethylene Plants (Update3) | www.bloomberg.com
This plant closure will have no immediate impact on the ethylene market. There may be additional rationalization coming in petrochemicals. What may close in the future is a big gamble.
Dow Ag interest heating up again
June 22, 2009
ChemChina Taps JPMorgan for Dow Chemical Unit Bid | www.cnbc.com
Dow's hand is forced regarding more divestitures to pay down ROH leverage. The only uncertainty is whether units like Ag will be sold outright or into a JV entity.
June 4, 2009
SCR court battle heats up | fleetowner.com
Navistar has petitioned a Federal court to overturn EPA certification of competitors' SCR systems for 2010 NOx compliance. This could signal issues with Navistar's EGR only strategy as they seek to postpone the 2010 deadline.
BPA regulations pick up momentum
May 20, 2009
City of Chicago Bans BPA | chemweek.com
The recent regulation by the City of Chicago which bans the use of bisphenol A (BPA) in food/beverage containers for children continues the increasing trend that started in Suffolk County (New York). Banning or limiting the use of plastics and resins containing (BPA) will impact the infant care and metal packaging markets the most. BPA-free alternative technology is available but users and converters in these industries will have to make trade-offs and in some cases invest in new equipment and tooling to make the switch.
Platinum Demand: Long Road to Auto Recovery?
May 19, 2009
Platinum auto demand drop signals global slowdown | money.cnn.com
Major softening in demand for automotive emission catalysts has kept Platinum prices at levels half of record peaks. New CAFE and CO2 regulations may boost catalyst needs but overall vehicle builds may trump the demand curve.
Shale gas abundance provides new options for energy companies
February 13, 2012
Chesapeake Energy bites the natural gas bullet
January 25, 2012
Flurry of newbuild drilling rig deliveries in 2012 may dampen rig rates
January 20, 2012
Talisman joins the ranks of cautious E&P companies
January 12, 2012
Early signs of caution begin to cloud frontier exploration and production
January 4, 2012