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

Nigerian Crude Values Have Been Picking up Steadily This Week on Strong US Demand

Mar 11, 2014

Nigerian crude values have been picking up steadily this week on strong US demand for Nigerian and West African crudes, trading sources said Friday. There has been a lot of activity in the past week, with only about 12 out of the 62 ...

Tags: Crude Values, domestic US crudes

Spot LPG Prices in South and East China Were Under Pressure This Week

Mar 11, 2014

Spot LPG prices in South and East China were under pressure this week, amid expectations of import costs for March-arrival cargoes falling with Saudi Aramco setting Contract Prices lower, local traders said Friday. Imported LPG with a ...

Tags: Spot Prices, Import Costs, Chemicals

China Aims to Cut Energy Intensity by Over 3.9% This Year

Mar 10, 2014

China aims to cut energy intensity by over 3.9% this year, as it continues its drive to increase energy efficiency and cut emissions, according to a government work report delivered by Premier Li Keqiang Wednesday at the annual session of ...

Tags: Energy Use, energy intensity

US Propane and Propylene Stocks Jumped 479,000 Barrels to 27.15 Million Barrels

Mar 10, 2014

US propane and propylene stocks jumped 479,000 barrels to 27.15 million barrels for the reporting week ended February 28, Energy Information Administration data showed Wednesday. The build was far above market expectations, which were for ...

Tags: Propane, propylene, Chemicals

February Steel Imports Are Expected to Hold at Elevated Levels Seen in January

Mar 10, 2014

February steel imports are expected to hold at elevated levels seen in January, which was already a near 27% boost from December, according to Department of Commerce data that was updated Tuesday. The US had 2.9 million mt of steel ...

Tags: Steel Imports, Plate products

The FOB Singapore 380 CST High Sulfur Fuel Oil Cash Differential Slipped Into a Discount

Mar 6, 2014

The FOB Singapore 380 CST high sulfur fuel oil cash differential slipped into a discount Monday due to excess supply. The cash differential for the higher viscosity grade fuel oil fell to a discount of 26 cents/mt Monday, down from ...

Tags: high sulfur fuel, HSFO market

a Team of French Investigators Has Discovered Viruses Containing Genes

Mar 5, 2014

A team of French investigators has discovered viruses containing genes for antibiotic resistance in a fossilized fecal sample from 14th century Belgium, long before antibiotics were used in medicine. They publish their findings ahead of ...

Tags: Fossilized Human Feces, Antibiotic Resistance Genes

US Polyethylene Contracts Rose 4 Cents/Lb in February

Mar 4, 2014

US polyethylene contracts rose 4 cents/lb in February after producers were successful in implementing the hike that had been anticipated since the end of 2013, market sources said. Producer sources had expressed confidence in obtaining ...

Tags: Polyethylene, Chemicals

European Prices for Polyethylene Terephthalate Have Fallen to Their Lowest Levels

Mar 4, 2014

European prices for polyethylene terephthalate have fallen to their lowest levels since August 2010 according to Platts data, and many sources expect further declines in March. The falls were driven primarily by import competition and ...

Tags: Polyethylene Terephthalate, Chemicals

Bochem Oslo Is Preparing to Load a Substantial Volume of Ethanol From Rotterdam

Mar 4, 2014

Chemical tanker Bochem Oslo is preparing to load a substantial volume of ethanol from Rotterdam before heading to Fujairah, in the United Arab Emirates, as multi-year low European prices beat competition from the US and Brazil, market ...

Tags: Vessel, Rotterdam Ethanol

The Net Volume of Gas Imported Into The UK Outstripped Domestic Production in 2013

Mar 4, 2014

The net volume of gas imported into the UK outstripped domestic production in 2013 for the first time ever, the Department of Energy and Climate Change said Thursday. "Imports of gas again exceeded UK production, and in 2013 for the first ...

Tags: Gas Imports, Domestic Output

The March US Butadiene Contract Price Friday Settled up 8-13 Cents/Lb

Mar 4, 2014

The March US butadiene contract price Friday settled up 8-13 cents/lb ($176-$287/mt) from February at a 68-78 cents/lb ($1,499-$1,720/mt) split settlement, sources said. LyondellBasell, Shell Chemicals and TPC Group settled up 8 cents/lb ...

Tags: Butadiene, Chemicals

Ethylene Producers in Northwest Europe Have Fixed Two Cargoes to Asia

Mar 4, 2014

Ethylene producers in Northwest Europe have fixed two cargoes to Asia for March loading driven by length in domestic market, the turnaround season in Asia and port congestion in the Middle East, sources said this week. Europe, a net ...

Tags: Ethylene, Chemicals

US Major Chevron Expects to Start up Its Chuandongbei Sour Gas Project Onshore China

Mar 4, 2014

US major Chevron expects to start up its Chuandongbei sour gas project onshore China in 2015, a further delay from its last target of late 2013, the company indicated in a filing to the US Securities and Exchange Commission last week. The ...

Tags: Chevron, Gas Project

Eastman Chemical Company Announced an Expansion of Carboxylic Acids Capacity at Longview

Mar 4, 2014

Eastman Chemical Company announced an expansion of carboxylic acids capacity at its Longview, Texas, and Kingsport, Tennessee, facilities. The additional capacity is expected to be completed in the fourth quarter of 2014 and will add ...

Tags: Carboxylic Acids, Construction, Chemicals

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