The Caribbean Container (CCI) has commissioned a $44m waste recycling plant at its facility in Farm East Bank Demerara, Guyana, South America. The new facility is a part of the company's strategy to strengthen its recycling capabilities ...
Kumho Petrochemical will continue to operate its two butadiene plants in South Korea at reduced rates of 50% for the time being, due to an ongoing lack of crude C4 feedstock, a company source said Wednesday. The company has a 150,000 ...
Tags: Butadiene, Kumho Petrochemical
Europe is likely to remain a net importer of caustic soda as capacity is threatened by the EU's 2017 deadline to make the costly switch to greener technology, Michael Trager, CEO of German PVC producer Vestolit, said this week. "In the ...
Tags: Caustic Soda, chlorine
Northwest European styrene monomer prices fell $91.50/mt or 5.5% from the start of May to close Thursday at a one-year low of $1,553.50/mt FOB ARA, Platts data showed. The last time it was lower was April 23, 2013 at $1,544.50/mt FOB ARA. ...
Tags: Styrene, polystyrene
PVC market prices across Asia are expected to rise as of June offers on reduced market supply from Taiwan, Japan and India, market sources at the Asia Petrochemical Industry Conference in Pattaya said Thursday. Market participants said ...
Tags: PVC Prices, VCM Shortages
Hess Corp. and North Dakota officials gathered Monday to mark the recent completion of an expansion of the company's natural gas processing plant that will help cut the amount of gas production wasted through flaring and boost NGL ...
Tags: natural gas, pipeline
Prices for large cargoes of butane in Northwest Europe fell Tuesday to the lowest level in a year on low demand and ample supplies. Platts assessed the price of a 4,000 mt CIF refrigerated cargo of mixed butane loading 10-25 days forward ...
Tags: Butane, mixed butane
Iran’s 1,500 km long West Ethylene Pipeline is expected to go operational by the end of the current Iranian calendar year (March 20, 2015), said Managing director of Iran's National Petrochemical Company (NPC) Abbas Sheri Moqqadm, ...
Tags: Pipeline, petrochemical plants
According to a study form Lux Research, investment and growth in bio-based material and chemical capacity continues to increase globally. Aggregating 229 sites from 217 companies that are planned, operating, or have been shuttered between ...
Tags: Construction, Decoration
Mistral Energy has started shipping purity ethane to Canada from the US on its Vantage Pipeline and expects to increase levels to 60,000 b/d over the next two years, a company spokesman said Thursday. The average volume in the "initial ...
Tags: Ethane, purity ethane
The prices of L8 and L10 steelmaking pig iron in northern China's Hebei province traded at Yuan 2,470-2,480 ($401-403)/mt on Tuesday, up from Yuan 2,420-2,470/mt on April 1, both inclusive of 17% VAT. The slight rise in prices was ...
Tags: Pig Iron, Steelmakers
Styrolution has nominated an increase of Eur30/mt ($42/mt) for its polystyrene contracts in May, the company said on its website Tuesday. The premium of its high impact polystyrene grade over general purpose grade was unchanged Eur105/mt. ...
Tags: Polystyrene, Styrolution
The estimated production margin for a typical US Midwest dry-mill ethanol plant for the week ended Friday lowered by 15.2 cents, or 14.01%, to an eight-week low of 93.34 cents/gal, a review of US Department of Agriculture and Platts data ...
Tags: Ethanol, dry-mill ethanol
China's Minmetals Resources Copper Co is expected to start construction of its 100,000 mt/year core copper cathode project at Hengyang city in Hunan province by July this year, according to a report by the Hunan government posted on its ...
Tags: Minmetals, Copper Project
US ethylene contracts for March and April were nearing settlements that would combine for a 2.75-3 cents/lb ($61-$66/mt) decrease, sources said Friday. Sources with two buyers said the net transaction price for March was beginning to ...
Tags: ethylene, spot ethylene