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

The Asia Contract Price for Paraxylene Is Likely to Reach a Settlement for June

May 29, 2013

The Asia Contract Price for paraxylene is likely to reach a settlement for June, after no conclusion for May, as a firmer purified terephthalic acid production margin has narrowed the gap between buyers and sellers, sources close to the ...

Tags: paraxylene, Chemicals

The Availability of Spot Butane at The French Mediterranean Port of Lavera Is Tight

May 29, 2013

The availability of spot butane at the French Mediterranean port of Lavera is tight due to petrochemicals and export demand, according to industry sources Tuesday. During the summer, surplus butane from refineries at Lavera is used as an ...

Tags: Spot Butane, Export Demand

The US Acetone Contract Typically Settles Retroactively

May 29, 2013

The May US contract price for acetone settled initially in a rollover at 58.50 cents/lb ($1,289.69/mt), sources said Tuesday. The US acetone contract typically settles retroactively. "The settlement is not industry-wide yet," one market ...

Tags: Acetone CP, Chemicals

Japan Imported 7.8 Million Mt of Thermal Coal in April

May 29, 2013

A spike in Japan's thermal coal imports in April was more a short-term push to accommodate new coal-fired power generation capacity coming online rather than any sign of a sustained long-term trend, according to a report by Macquarie ...

Tags: New Capacity, Thermal Coal Import

Australia's Burgeoning LNG Sector Losing Ground to New Players

May 29, 2013

A combination of new supply sources and rising costs at home could mean Australia's burgeoning LNG sector losing ground to new players, several speakers at an oil industry conference in Brisbane warned this week. On Sunday the chief ...

Tags: Australian LNG, New Supply

Discovery Gas Transmission May Build 9.5 Miles of Pipeline and Other Facilities

May 29, 2013

Discovery Gas Transmission may build 9.5 miles of pipeline and other facilities off the coast of Louisiana to provide 405,000 Dt/d of firm transportation service, the US Federal Energy Regulatory Commission said in a recent order. The ...

Tags: US Ferc, Gas System

Saudi Aramco Boosted Its Crude Production to a Record 9.506 Million B/D in 2012

May 29, 2013

Saudi Aramco boosted its crude production to a record 9.506 million b/d in 2012, excluding blended natural gas liquids, up 5% from 9.068 million b/d in 2011, the company said in its latest annual report. "During 2012 at Saudi Aramco, we ...

Tags: Saudi Aramco, Crude Output

Location and Nature Mean The Project Will Be 'very Challenged From a Cost Point of View'

May 29, 2013

The location and nature of the Scarborough natural gas field off Western Australia mean the project will be "very challenged from a cost point of view," Mark Nolan, ExxonMobil's vice president for Middle East and Australia, said Monday. ...

Tags: Chemicals

Implementation Depends on The Availability of Natural Gas

May 29, 2013

The newly appointed managing director of Kuwait's Petrochemical Industry Company), which is at the center of a political crisis over a $2.2 billion compensation payment to Dow Chemical, has said that implementation of a number of planned ...

Tags: Chemicals

Pakistan on Saturday Withdrew a Ban on The Use of CNG in Vehicles with Engine Capacity

May 29, 2013

Pakistan on Saturday withdrew a ban on the use of CNG in vehicles with engine capacity over 1,000 cc, less than a week after its caretaker prime minister issued the directive, an oil ministry official said Monday. The Ministry of ...

Tags: Pakistan, Ban, Chemicals, CNG

Kuwait's Government Has Accepted The Resignation of The Country's Oil Minister

May 29, 2013

Kuwait's government has accepted the resignation of the country's oil minister, Hani Hussein, the official KUNA news agency reported Monday. Sheikh Mohammed Abdulla, minister of state for cabinet affairs and for municipal affairs, issued ...

Tags: Kuwait, Oil, Hani Hussein

Petroleum Futures Were Slightly Bearish Monday,with ICE July Brent Settling 2 Cents Lower

May 29, 2013

Petroleum futures were slightly bearish Monday, with ICE July Brent settling 2 cents lower at $102.62/barrel. Volumes were low and markets rangebound for the most part because of holidays on both sides of the Atlantic. Electronic trading ...

Tags: ICE, Chemicals, Brent

Ukraine Plans to Reduce Imports of Natural Gas to 27.3 Billion Cubic Meters in 2013

May 29, 2013

Ukraine plans to reduce imports of natural gas to 27.3 billion cubic meters in 2013 from 32.9 billion cu m in 2012, according to a forecast recently approved by the Ukrainian government and published on Friday. Ukraine gas imports come ...

Tags: Ukraine, Gas, Chemicals

Advanced Adhesive Technologies Has Introduced a New Mobile Format for Technical Library

May 29, 2013

Advanced Adhesive Technologies, Inc. (Dalton, GA.) has introduced a new mobile format for its technical library that includes specification and MSDS documents. The new format is optimized for viewing on mobile devices, including tablets and ...

Tags: Construction, Decoration, Adhesive

Jet Fuel Differentials Firmed to End a Week That Saw Production and Demand Exactly Matched

May 28, 2013

Jet fuel differentials firmed to end a week that saw production and demand exactly matched in the US, just not in the Chicago market, with its world-high outright prices. Platts assessed Chicago unchanged at NYMEX June heating oil futures ...

Tags: Metallurgy, Mineral, Energy, Chemicals

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