The FOB Houston propane differential has dropped 53% since July 1 as increasing exports and falling international propane prices narrow the arbitrage out of the Gulf Coast. Platts started assessing FOB Houston propane cargoes on July 1 as ...
Northwest European butane prices remain too high to attract petrochemical buying despite their recent slide, sources said Thursday. "At this stage we can't afford these butane levels," said a trader. Delivered prices of butane coasters, ...
US propane and propylene stocks rose 3.46 million barrels to 53.12 million barrels the reporting week ended Friday, according to an Energy Information Administration report released Wednesday. The stock increase was well above industry ...
Tags: Metallurgy, Mineral, Energy
The ratio of the Gulf Coast normal butane assessment to the front-month NYMEX crude contract is at 57.9% Friday morning, the lowest level since late 2008, Platts data showed, in part due to the deployment summer gasoline specs. The ratio, ...
Tags: USGC, normal butane prices
Non-LST ethane Wednesday morning traded at 30.75 cents/gal, the highest level since November 6 and 29.5% stronger since the beginning of the year, Platts data showed. Market participants attributed the rise to stronger propane and natural ...
Westlake Chemical Corporation reported net income for the three months ended December 31, 2012 of $95.3 million, or $1.42 per diluted share, compared to net income of $26.4 million, or $0.40 per diluted share, reported for the fourth ...
Westlake Chemical Corporation reported net income for the three months ended September 30, 2012 of $87.0 million, or $1.30 per diluted share, on sales of $821.2 million. This represents an increase in net income of $19.1 million from the ...
Tags: Westlake Chemical Corporation, net income, debt refinancing costs