Northwest European spot styrene values rallied $45/mt or 3% Wednesday morning in reaction to the fire that broke out at Ellba's styrene monomer/propylene oxide plant at Moerdijk, the Netherlands. Styrene end-users and consumers stepped ...
Tags: spot styrene, specific material
China Petroleum and Chemical Corp., or Sinopec, has raised its ex-works butadiene price across China by Yuan 200-300/mt to Yuan 9,000/mt, or $1,209/mt on an import parity basis, traders said Tuesday. Sinopec last Friday raised its ...
The June US butadiene contract price settled down 2-3 cents/lb from May at a 65-76 cents/lb ($1,433-$1,675/mt) split, sources said Monday. TPC Group, Shell Chemicals and LyondellBasell each were 3 cents lower than May at 65 cents/lb, ...
Tags: Butadiene, Shell Chemicals
China Petroleum and Chemical Corp, or Sinopec, has raised its ex-works butadiene price in East China by Yuan 100/mt to Yuan 8,800/mt Friday, traders said. The latest price is equivalent to $1,182/mt on an import parity basis. But the ...
Tags: Sinopec, downstream markets
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
June US butadiene contract prices are expected to roll over or possibly fall slightly compared with May contract prices as spot levels have dropped throughout May, sources said Wednesday. Many sources expect a rollover in contract pricing ...
Tags: Butadiene, contract price
The Asian butadiene/naphtha spread narrowed to an eight-month low of $329.38/mt Monday, following the closure of the arbitrage window to move Asian butadiene to the US Gulf Coast. The spread value was last lower on September 12, 2013, ...
Ethylene spot prices in Northwest Europe increased marginally week on week to Eur885/mt ($1,214/mt) FD NWE Friday on the back of a fall in steam cracker utilization rates, which helped managed the oversupply in ethylene, sources said. ...
Tags: Ethylene, Utilization Rates
Genomatica has been selected as the winner of the 2014 Bioeconomy Leadership Award. The Symposium on Biotechnology for Fuels and Chemicals (SBFC) chose Genomatica as the company that has significantly advanced the development of a renewable ...
Tags: Construction, Decoration
A three-month old arbitrage window to export Asian butadiene to the US that had been slowly closing earlier this month has widened again this week and as a result producers and traders have been heard trying to arrange for butadiene cargoes ...
Tags: Butadiene, Asian butadiene
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 ...
The Northwest European styrene monomer/benzene spread rallied to a month-high Tuesday of $203/mt on stronger styrene, rebounding from a one-year low of $148/mt established April 4 but still representing deeply negative production margins, ...
Tags: Styrene, spot product
Traders are considering sending European ethylene cargoes to Asia for late May delivery amid weak European prices, sources said Thursday. Market participants said they have been approached by several traders with selling indications ...
Total Petrochemicals and IFP Energies Nouvelles (IFPEN) have launched via Atol, a joint partnership, technology to produce bio-ethylene via the dehydration of renewable ethanol, the companies announced Wednesday. The technology will ...
The global market for 1,4-butanediol (1,4-BDO) is expected to reach $6,947.1 million by 2020, according to a new study by Grand View Research, Inc. Growth of footwear industry, mainly in Asia Pacific, is expected to drive the market for ...
Tags: BDO Market, global market, butanediol