Ineos Olefins and Polymers seeks to increase its polypropylene prices in the US by 2 cents/pound ($44/metric ton) for July, joining other producers seeking to expand margins for the second time this year, market sources said Monday. The ...
Tags: Polypropylene, Chemicals
The US spot ethylene market was at a standstill Thursday on news of an explosion and fire at Williams' olefins complex in Louisiana that killed one person earlier in the day, market sources said. Sellers pulled all material Thursday ...
Tags: Ethylene, Louisiana Plant Fire
US polymer-grade propylene contracts for April were reportedly starting to settle down 10 cents at 63 cents/lb delivered, one major buyer and two trader sources said Monday. Negotiations were not finalized and another major buyer reported ...
UOP LLC, a Honeywell company, announced that its UOP C3 Oleflex process technology has been selected by Williams to produce propylene, a valuable petrochemical used in plastics production. The selection is the sixth win for ...
Tags: Williams, UOP Technology, Propylene
ExxonMobil Chemical has nominated an initial April polymer-grade propylene contract price down 7 cents from March to 66 cents/lb, market sources said Monday. Officials with the company could not be reached for immediate comment. The ...
Tags: CP Nomination, Exxonmobil, Propylene
US polypropylene contract prices for March fell 6 cents/lb ($132/mt) to 82-83 cents/lb ($1,808-$1,830/mt) for homopolymer injection grade on a delivered-via-railcar basis, sources said Monday. The decline was the result of a similar drop ...
Tags: polypropylene, CPs, contract polymer
European ethylene and propylene supply has tightened amid a spate of production issues, though the impact of this on spot prices is being moderated by poor derivatives demand, according to industry sources. Availability to the market had ...
Tags: NWE Ethylene, Propylene, LyondellBasell
A narrow propylene arbitrage from Asia to the US has opened this week with increased discussions between Asian producers and traders to fix cargoes, market sources said Friday. Discussions intensified late this week after Taiwan ...
Tags: propylene arbitrage, propylene trade, propylene market
US domestic polypropylene contracts for December were expected to rise 1 cent/lb ($22/mt) from November to around 66-67 cents/lb for homopolymer injection, in line with a similar uptick taking place in the monomer market, sources said ...
Tags: polypropylene, polymer grade propylene, polypropylene market
Williams Energy will apply in early 2013 to Alberta's Energy Resources Conservation Board to build a natural gas liquids and olefins processing facilities in the province, even as it aims to add a new petrochemical value chain, the ...
Production run rates at Borealis' propane dehydrogenation (PDH) plant in Belgium will remain halved until the end of the year, the company said Friday. The PDH plant, located in Kallo near Antwerp, produces around 480,000 mt/year of ...
Tags: propane dehydrogenation, propylene, PDH