Industry Views of chemicals - Made-in-China.com

Saudi Arabia Produced 9.15 Million B/D in February and Supplied 9.16 Million B/D to Market

Mar 13, 2013

Saudi Arabia produced 9.15 million b/d in February and supplied 9.16 million b/d to markets as output fell by 100,000 b/d over January, but the OPEC kingpin is likely to raise production in the coming months as demand picks up, a Gulf ...

Tags: Oil market, Oil, oil prices

US FERC Has Authorized Dominion Transmission to Build a Pair of Pipeline Projects

Mar 13, 2013

The US Federal Energy Regulatory Commission has authorized Dominion Transmission to build a pair of pipeline projects that would transport natural gas produced in Pennsylvania. The two projects show that "rather than building things from ...

Tags: gas pipeline projects, gas pipeline, gas

Benzene Barges Were Assessed at $1,266.50/mt CIF ARA at Fridays' Close

Mar 13, 2013

Reignited concerns over the domestic benzene demand as well as a stubbornly closed arbitrage to the US saw European benzene prices plunge below $1,300/mt for the first time since mid-October, Platts data show. Benzene barges were assessed ...

Tags: benzene, benzene demand, benzene barges

The Spread Was Assessed by Platts at a Six-month Low of $184.875/mt on Friday

Mar 13, 2013

The spread between Asian solvent-grade mixed xylenes and feedstock naphtha was assessed by Platts at a six-month low of $184.875/mt on Friday, down $55.625/mt from a week ago. Solvent-MX market came under pressure from weak demand and ample ...

Tags: mixed xylenes, feedstock naphtha, naphtha

Pakistan's Highest Decision Making Body Has Failed to Take a Decision on The Award

Mar 13, 2013

Pakistan's highest decision making body -- the Economic Coordination Committee -- has failed to take a decision on the award of a multi-billion dollar contract to import 400,000 Mcf/day of LNG over 15 years and has left the matter to the ...

Tags: LNG, Petroleum, Natural Resources

US Commercial Crude Stocks Are Expected to Have Increased by 2.3 Million Barrels

Mar 13, 2013

US commercial crude stocks are expected to have increased by 2.3 million barrels for the reporting week ended March 8, analysts polled Monday by Platts said. The American Petroleum Institute will release its weekly report at 4:30 p.m. EDT ...

Tags: refinery, crude oil imports, crude oil

Bayer Materialscience Will Present a Technology for Heat-Activated Dispersion Adhesives

Mar 13, 2013

February 2013 — At the European Coatings Show from March 19 to 21, 2013, in Nuremberg, Bayer MaterialScience will present a technology for heat-activated dispersion adhesives that is based on the new polycarbodiimide crosslinker ...

Tags: Textile, Chemicals, Dispersed adhesives, polyurethane adhesive

China's February 2013 Imports of Acrylonitrile-butadiene-styrene Came in at 87,283 Mt

Mar 12, 2013

China's February 2013 imports of acrylonitrile-butadiene-styrene came in at 87,283 mt, the lowest since February 1999, partly due to higher prices and the the Lunar New Year holidays, according to official data. The imports slipped ...

Tags: China, acrylonitrile-butadiene-styrene, imports

February Coal Exports From South Africa's Richards Bay Coal Terminal Increased 29%

Mar 12, 2013

February coal exports from South Africa's Richards Bay Coal Terminal increased 29% month-on-month to 5.45 million mt, although the volume shipped was 10% lower year-on-year, according to RBCT data released Friday. Monthly exports from ...

Tags: coal exports, South Africa, coal industry

A Change Will Reflect The Current Supply-demand Situation for LNG in Asia

Mar 12, 2013

Only a change in the price formation mechanism will reflect the current supply-demand situation for LNG in Asia, not just a bid to reduce the price level, Jonathan Stern, professor at the Oxford Institute for Energy Studies, said at a ...

Tags: price formation mechanism, LNG, Asia

US Cub Energy Said Friday Is Has Agreed to Acquire a Privately Held Ukrainian Oil

Mar 12, 2013

US independent Cub Energy said Friday is has agreed to acquire a privately held Ukrainian oil and gas explorer, PrivateCo, for $25 million to increase its existing gas acreage in Ukraine. Under an all-share deal, Cub will pick up some ...

Tags: US independent Cub Energy, oil, gas, gas acreage

China's February 2013 Imports of Acrylonitrile-butadiene-styrene Came in at 87,283 Mt

Mar 12, 2013

China's February 2013 imports of acrylonitrile-butadiene-styrene came in at 87,283 mt, the lowest since February 1999, partly due to higher prices and the the Lunar New Year holidays, according to official data. The imports slipped ...

Tags: China, acrylonitrile-butadiene-styrene, imports

UK's Buzzard Oil Field Contributed Only 16% of Forties Blend Output

Mar 12, 2013

The UK's Buzzard oil field contributed only 16% of Forties blend output in the week of February 18-24, down from 33% the previous week, BP data showed Friday. This is the lowest contribution of Buzzard to Forties seen so far in 2013, ...

Tags: Buzzard oil field, BP data, UK

Prices for Renewable Fuel Credits Cracked The $1 Barrier Friday and RBOB Prices Settled

Mar 12, 2013

Prices for renewable fuel credits cracked the $1 barrier Friday and RBOB prices settled sharply higher as the war of words over who is to blame for skyrocketing credits prices also escalated. The price for the traded Renewable ...

Tags: renewable fuel, skyrocketing credits prices, RBOB price

South Korea's Spot Supply of Solvent-grade Mixed Xylenes Loading Will Likely Halve

Mar 11, 2013

South Korea's spot supply of solvent-grade mixed xylenes for April loading will likely halve from its typical volume because of lower yields from naphtha-fed steam crackers' use of butane in its feedstock mix, an industry source said ...

Tags: solvent-grade mixed xylenes, South Korea, butane

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