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

Spot Trade of Aluminum Alloy Grade Was Slow, with Consumers Wary of Higher Prices

Apr 29, 2014

Spot trade of 226, the main aluminum alloy grade, was slow this week, with consumers wary of higher prices, and partly because of the shorter working week. A number of producers have pushed offers of 226 ingot up to around Eur1,700/mt ...

Tags: Aluminum Alloy, spot market

The Estimated Production Margin for a Typical US Midwest Dry-Mill Ethanol Plant Fell

Apr 29, 2014

The estimated production margin for a typical US Midwest dry-mill ethanol plant for the week ended Friday fell 20.06 cents, or 15.6%, to a six-week low of $1.0854/gal, a review of US Department of Agriculture and Platts data showed. As ...

Tags: Ethanol, dry-mill ethanol plant

Sinopec Has Hiked Its Ex-Works Price for Benzene in East China by Yuan 100/Mt

Apr 29, 2014

State-owned China Petroleum and Chemical Corp, or Sinopec, has hiked its ex-works price for benzene in East China by Yuan 100/mt ($16.23/mt), or 1.16%, to Yuan 8,700/mt effective Thursday, an industry source said Friday. The company could ...

Tags: Sinopec, China Petroleum

ExxonMobil Chemical Is The Only Producer with Propylene Contract Nominations Announced

Apr 29, 2014

Initial nominations for US polymer-grade and chemical-grade May propylene contract prices are calling for a rollover at 71 cents/lb and 69.50 cents/lb, respectively, sources said Friday. ExxonMobil Chemical is the only producer with ...

Tags: Propylene, chemical-grade

Molybdenum Oxide Prices Were Fairly Stable Friday with Prices Moving up 5 Cents

Apr 29, 2014

Molybdenum oxide prices were fairly stable Friday with prices moving up 5 cents from the bottom of Platts' range, however, reported business continued to remain wide. Platts assessed its daily dealer molybdenum oxide price at ...

Tags: Molybdenum Oxide, oxide powder

An Explosion Was Continuing to Significantly Cut Into Rockies Flows

Apr 28, 2014

An explosion Wednesday at Williams' 1.5-Bcf/d Opal Processing Plant in Wyoming was continuing to significantly cut into Rockies flows Thursday and helped lift Western spot gas and forwards prices. Prior to the incident, Opal plant ...

Tags: Forward Gas, Wyoming Pool

The UK's Rough Gas Storage Facility Could Be Completely Refilled by The Start of August

Apr 28, 2014

The UK's Rough gas storage facility, the country's main gas storage site, could be completely refilled by as early as the start of August, months ahead of last year, according to Platts analysis of past injection rates. Rough storage ...

Tags: Gas, gas in storage

BASF Offered Chemistry-Driven Innovation to Help Customers Create New Possibilities

Apr 28, 2014

BASF sponsored and participated in the 2014 Society of Automotive Engineers (SAE) World Congress, April 8-10, at the Cobo Center in Detroit, Michigan. As among the leading chemical supplier to the automotive industry, BASF offered ...

Tags: Construction, BASF, Chemicals

UK Shale Gas Exploration and Production Could Generate a GBP33 Billion Investment Boom

Apr 28, 2014

UK shale gas exploration and production could generate a GBP33 billion ($55 billion) investment boom, according to a report published by the UK shale lobby group UK Onshore Operators Group. Drafted by EY -- formerly Ernst & Young -- the ...

Tags: Shale Gas, gas

Outbound Shipments of Eagle Ford Shale Crude Jumped to 430,829 Barrels/Day in March

Apr 28, 2014

Outbound shipments of Eagle Ford Shale crude and condensate through the Port of Corpus Christi jumped to 430,829 barrels/day in March from 340,158 b/d in February, according to data released by the port. Shipments have been on the rise ...

Tags: Crude Shipments, Eagle Ford

China's Exports of Unwrought Magnesium Edged up 4.4% on Year to 24,607 Mt in March

Apr 28, 2014

China's exports of unwrought magnesium, with a minimum magnesium content of 99.8%, edged up 4.4% on year to 24,607 mt in March, and also jumped 107.8% compared with 11,844 mt in the previous month of February, data from the country's ...

Tags: Magnesium Exports, magnesium

Anglo American Increased Output of Iron Ore and Metallurgical Coal in Q1

Apr 28, 2014

Anglo American said Thursday that it increased output of iron ore and metallurgical coal in the first quarter ended March 31, mainly due to a ramp-up in operations. Iron ore production rose 10% year on year to 11.3 million mt on increased ...

Tags: Iron Ore, Coal Output

SCC Cut Its Domestic May Methanol Contract by 10 Cents to $1.70/Gal FOB US Gulf

Apr 28, 2014

US methanol distributor Southern Chemical cut its domestic May methanol contract by 10 cents to $1.70/gal FOB US Gulf, the company said Thursday in a letter to customers. The decrease follows an 11-cent drop, to $1.80/gal FOB US Gulf, in ...

Tags: Methanol, Southern Chemical

Kazakhstan Plans to Build a Major Petrochemical Complex to Produce Higher-Value Products

Apr 28, 2014

Kazakhstan plans to build a major petrochemical complex by 2016 to produce higher-value products from associated petroleum gas that is currently mainly flared, according to an official at state-run KazMunaiGaz. The government aims to go ...

Tags: Petrochemical Complex, propylene, polypropylene

South Korea's Third-Largest Refiner, S-Oil, Sold a Combined 639,000 B/D of Oil Products

Apr 28, 2014

South Korea's third-largest refiner, S-Oil, sold a combined 639,000 b/d of oil products, petrochemicals and lube in the first quarter of this year, up 1.4% from 630,000 b/d a year ago, the company said in a statement Thursday. Sales in Q1 ...

Tags: Oil Products, Petrochemicals

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