US commercial crude stocks likely rose 2.5 million barrels in the reporting week that ended Friday, analysts polled by Platts said Tuesday. The American Petroleum Institute will release its weekly report at 4:30 p.m. EDT (2030 GMT), while ...
Tags: Crude Stocks, Petroleum, Chemicals
It was assessed by SunSirs that in the tracked 100 spot commodities,8 commodities increased in prices, 43 fell and 49 remained unchanged on 01/04/2013.The largest rises were Acrylic acid (1.40%),Propylene oxide (0.52%),DOP (0.23%),while the ...
March's average US spot methanol price of $1.3503/gal was the highest average monthly price since September 2008, when it was $1.40/gal FOB USG, according to Platts data. The average spot price for March was up 4.65 cents, or 3.4%, ...
Tags: Spot Methanol, Chemicals, March
China National Offshore Oil Corp or CNOOC Group, the parent of listed arm CNOOC Ltd, refined 30.08 million mt (602,400 b/d) of crude last year, up 15.2% from 26.1 million mt in 2011, the company said in its 2012 sustainable development ...
Tags: Refining Throughput, Chemicals, OIL
In recent years, cement industry in China is growing leaps and bounds. The matured application of large process equipment has provided flying wings for the development of cement industry. In large cement projects, production lines with ...
Adhesives Satisfy Stringent Criteria for Use with LEDs Adhesive products from Henkel Corp. are now being used by Cree, Inc. in its LED lighting products. Henkel is the first adhesives manufacturer to demonstrate the ability of its ...
It was assessed by SunSirs that in the tracked 100 spot commodities,9 commodities increased in prices, 29 fell and 62 remained unchanged on 29/03/2013.The largest rises were PC (0.49%),Stainless steel plate (0.45%),SBR (0.22%),while the ...
Tags: Chemicals
US spot monthly natural gas prices for March increased by 57 cents, or 17% on average, to $3.92/MMBtu, compared with the previous month's $3.35/MMBtu average, Inside FERC's Gas Market Report said Monday. The NYMEX April gas futures ...
The monthly average price for Asian butadiene plunged 13% to $1,738/mt FOB Korea in March against $2,007.50/mt in February over a lack of Chinese demand and oversupply, Platts data showed. The last time the monthly average was higher was ...
Tags: Butadiene, Average Price, Chemicals
ExxonMobil Chemical has nominated an initial April polymer-grade propylene contract price down 7 cents from March to 66 cents/lb, market sources said Monday. Officials with the company could not be reached for immediate comment. The ...
Tags: CP Nomination, Exxonmobil, Propylene
Sumitomo and Tokyo Gas have concluded a natural gas liquefaction tolling agreement with Dominion Resources and signed heads of agreements to supply LNG from the US company's proposed Cove Point project in Maryland, the Japanese companies ...
NYMEX May crude settled 16 cents lower at $97.07/b on Monday, as the complex came under pressure from a combination of weaker-than-expected US manufacturing data and the closure of ExxonMobil's 96,000 b/d Pegasus crude pipeline on Friday. ...
Tags: NYMEX Crude, Pipeline
South Korea's Kumho Petrochemical plans to bring forward by 9 days and lengthen a turnaround at the smaller of its two butadiene rubber plants at Yeosu, a company source said Thursday. The 120,000 mt/year plant will now shut April 1 for ...
Tags: Chemicals, Petrochemical
Sasol North America plans to build a new low density polyethylene plant in Lake Charles, Louisiana, and will use ExxonMobil Chemical's tubular process technology for its operations, the companies said. The 420,000 my/year plant is ...
It was assessed by SunSirs that in the tracked 100 spot commodities,8 commodities increased in prices, 41 fell and 51 remained unchanged on 28/03/2013.The largest rises were Styrene (2.41%),Iron ore (0.85%),Propylene oxide (0.35%),while the ...
Tags: Spot Commodities, Chemicals