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Chemicals Commodity Chemicals

  • BEIJING/ SINGAPORE, Dec 21- China's state oil and gas majors are set to import record levels of liquified natural gas this month, betting on robust demand during the cold winter months and helping lift Asian prices to their highest in nearly two years. Trade flows data on Thomson Reuters Eikon shows 7.33 million cubic meters of LNG, equivalent to 3.33 million...

  • CALGARY, Alberta, Dec 5- The Canadian oil-producing province of Alberta will offer C $500 million in royalty credits to Pembina Pipeline Corp and Inter Pipeline Ltd for their petrochemical projects, the government said on Monday, as it seeks to diversify its ailing economy. Pembina's project is a joint venture with Kuwait's Petrochemical Industries Company...

  • CALGARY, Alberta, Dec 5- The Canadian oil-producing province of Alberta will offer C $500 million in royalty credits to Pembina Pipeline Corp and Inter Pipeline Ltd for their petrochemical projects, the government said on Monday as it seeks to diversify its ailing economy. Pembina's project is a joint venture with Kuwait's Petrochemical Industries Company...

  • CALGARY, Alberta, Dec 5- The Canadian oil-producing province of Alberta will offer C $500 million in royalty credits to Pembina Pipeline Corp and Inter Pipeline Ltd for their petrochemical projects, the government said on Monday as it seeks to diversify its ailing economy.

  • CALGARY, Alberta, Dec 5- The Canadian oil-producing province of Alberta will offer C $500 million in royalty credits to Pembina Pipeline Corp, Suncor Energy Inc's Petro-Canada and Inter Pipeline Ltd for their petrochemical projects, the government said on Monday as it seeks to diversify its ailing economy.

  • TOKYO, Nov 29- Japan's Idemitsu Kosan said on Tuesday its joint venture with Mitsui Chemicals would conduct work to expand the processing of propane at Idemitsu's naphtha cracker to take advantage of cheap liquefied petroleum gas prices. The upgrade will boost the cracker's capacity to process propane as feedstock by three or four times, said Hideki Gotoh,...

  • TOKYO, Nov 29- Japan's Idemitsu Kosan said on Tuesday its joint venture with Mitsui Chemicals would conduct work to expand the processing of propane at Idemitsu's naphtha cracker to take advantage of cheap liquefied petroleum gas prices. The upgrade will boost the cracker's capacity to process propane as feedstock by three or four times, said Hideki Gotoh,...

  • *Demand driven by "Clean India" sanitation programme... *...and China's "One Belt, One Road" projects. Nov 16- From India's plan to plumb in over 100 million toilets in six years to China's ambitious new Silk Road network and the continued movement of millions of people into cities across Asia, plastic makers face years of strong demand.

  • SEOUL, Nov 15- South Korea's Hyundai Chemical, a joint venture between Hyundai Oilbank Co and Lotte Chemical, has finished building a 1.2 trillion won condensate splitter to produce mixed xylene and light naphtha. The 130,000 barrels-per-day condensate splitter in Daesan on the country's west coast will churn out 1.2 million tonnes per year of mixed-xylene...

  • SINGAPORE, Nov 11- Spot demand from Vietnam and term demand for reformate from Taiwan supported gasoline margins, traders said. Indonesia's Pertamina will shut its Balikpapan refinery for maintenance and carry out maintenance on the single point mooring system for its Cilacap refinery in March, according to three sources close to the matter.

  • *PTTGC Q3 net 6.23 bln baht vs 1.2 bln baht yr earlier. BANGKOK, Nov 9- The refining and petrochemical divisions of Thailand's largest energy group PTT Pcl on Wednesday both reported strong third-quarter profit growth partly due to improvements in the refinery business. PTT Global Chemical Pcl, Thailand's largest petrochemical maker, reported a 416 percent...

  • JAKARTA, Oct 21- Indonesia expects to decide within "one or two weeks" on a plan by Inpex Corp to increase proposed output from the Masela natural gas field to nearly four times the level originally slated, a senior energy official said on Friday. This would be the second time Inpex, Japan's biggest energy developer and Shell, the world's top LNG trader, have proposed...

  • BEIJING, Oct 14- Chinese state-owned chemical companies Sinochem Group and ChemChina are in discussions about a tie-up to create a global chemical, oil and agricultural giant with almost $100 billion in annual revenue, three sources familiar with the matter said. ChemChina Sinochem Combined Syngenta Revenue $38.99 $60.4 $99.4 $13 billion billion billion...

  • *China overtakes Japan as biggest importer. *India, Southeast Asia see booming demand. Production of LPG, known better as propane or butane, has traditionally been dominated by the Middle East, while Japan has been the biggest buyer, where it is used largely as a petrochemical feedstock.

  • German drug and chemicals giant Bayer has made an unsolicited takeover offer for Monsanto, the world's biggest seed company.

  • Oil downturn pressures Solvay earnings

    Karim Hajjar, CFO of Solvay, says oil and gas prices have impacted profits after reporting a slower rate of growth.

  • Ren Jianxin

    ChemChina is nearing a deal to take over Syngenta for around $42 billion, two people familiar with the matter told Reuters.

  • The production plant for high density polyethylene of Dow Chemical in Tessenderlo.

    Dow Chemical and DuPont are expected to announce a merger of equals by Thursday, sources told CNBC.

  • Will oil prices drop after Iran nuclear deal?

    John Canally, Investment Strategist and Economist at LPL Financial, is expecting further downside for oil prices.

  • Andrew Liveris, CEO of Dow Chemical at 2015 WEF in Davos, Switzerland.

    Dow reported a better-than-expected quarterly profit, helped by higher margins in five of its six units.