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
The Solvay Group announces its 4th quarter and full year 2013 Business Review Q4 Highlights • Group net sales at € 2,417 m, down (5)% yoy, with volumes (1)%, prices (3)%, forex (4)% and scope 3%. Allowing for CER phase ...
Tags: Solvay Group, Business Review
The US acrylonitrile export assessment rose $25/mt week over week Tuesday to a more than 11-month high of $1,940/mt FOB US Gulf Coast on continued tight supply. The assessment reached its highest level since March 5, 2013, when it was at ...
Tags: Acrylonitrile, Chemicals
In Q4 Unipetrol Group posted operational profit EBITDA LIFO of CZK 252m. Due to lower petrochemical and refinery production sales, as well as refining margins, revenues of the Company decreased by 5% y/y and in Q4 amounted at CZK 25.070 bn. ...
Tags: Unipetrol Group, Textile
Solvay published quarterly unaudited restated financial information for the first nine months of 2013 and the full year 2012 taking into account European Chlorovinyls’ discontinued operations. On May 7th, 2013 Solvay and Ineos ...
Tags: Solvay, Financial Data
GIA released a comprehensive global report on Renewable Chemicals markets. Global market for Renewable Chemicals is projected to reach $66.1 billion by 2018, driven by spiraling petroleum prices, rising demand for eco-friendly products and ...
Tags: Renewable Chemicals, Chemicals, Construction
International chemical group Solvay announces results for the second quarter & first half year for 2013. Q2 Highlights - Group net sales down (4) % YoY at € 3,062 m, with volumes (1)%, prices (2)% and forex (1)% - REBITDA at ...
Tags: Chemical Group, Solvay
South African-based Sasol and Switzerland-based Ineos will team up to produce high density polyethylene in the US, the companies said Wednesday, announcing plans for a joint venture which would include a 426,000 mt/year HDPE plant. "This ...
INEOS Olefins and Polymers USA (INEOS) and Sasol announced the signing of a Memorandum of Understanding (MOU) with the intent to form a joint venture to manufacture high-density polyethylene (HDPE). “This joint venture demonstrates ...
Tags: Polyethylene Plant, INEOS
INEOS Technologies announced that it has been chosen to provide the Innovene PP process to Oriental Energy Company Limited based in Nanjing for its subsidiary, Ningbo Fuji Petrochemical Company Limited. The unit, to be built in Ningbo, ...
Tags: PP Technology, Textile
INEOS Technologies is pleased to announce that it has licensed its Innovene S Process for the manufacture of medium density and high density polyethylene to CNOOC Oil and Petrochemical Company Limited for its cracker complex located in ...
Tags: China, Cnooc, Ineos Technology
According to a new market report "Petrochemicals Market by Product (Ethylene, Propylene, Butadiene, Benzene, Xylene, Toluene, Vinyls, Styrene and Methanol) -Global and China Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 ...
Tags: Petrochemical Market, Textile
NWE ethylene spot prices rose Eur15/mt on the week Thursday to Eur1,020-1,025/mt ($1,314-1,320) FD NWE, driven by better-than-expected offtake from primary derivative polyethylene in July. On Friday, a buyer and seller confirmed a 2,000 ...
Tags: Ethylene, Spot Prices
ExxonMobil Chemical and Total Petrochemicals are joining other polypropylene producers seeking 2-cent/lb ($44/mt) increases effective August 1, sources said Wednesday. "Everyone is going for two (cents/lb) on the (margin) expansion," a ...
Tags: Exxonmobil, PP
Phillips 66 will reduce delivery of polypropylene grades because of issues with feedstock supply, further squeezing an already tight market, sources said Tuesday. The company announced the measure late Monday in a letter to customers ...