Taiwan's CPC will become a net exporter of isomer-grade mixed xylenes in 2014 from being a net importer as it has been producing more MX by using feedstock reformate supplied by its own system, a company source said Wednesday. "We are ...
Tags: taiwan, oil, Metallurgy, Mineral, Energy
China's domestic isomer-grade mixed xylenes prices have strengthened partly due to the startup of Dragon Aromatics' new 800,000 mt/year paraxylene plant in Fujian province late August, market sources said Thursday. "Hikes in domestic ...
The price spread between Asian paraxylene and isomer-grade mixed xylenes shrank $9/mt day on day to a one-year low of $175/mt on a CFR basis Wednesday as PX prices turned top heavy while MX remained bullish, Platts data showed. Asian ...
Tags: MX Firms
China Petroleum & Chemical Corp, or Sinopec, has raised its East China price for isomer-grade mixed xylenes by Yuan 200/mt or 2.3% effective Monday, market sources said Tuesday. The company's isomer-MX ex-works price at its four ...
Tags: China Petroleum
The Asian toluene market led a price surge in most Asian aromatic products early Wednesday, driven by crude oil futures rising on geopolitical tensions in Syria. Front-month ICE Brent crude futures hit a six-month high Wednesday, with ...
In the second of a series of three articles on the treatment of waters, oil and gas industry expert David Robinson discusses the treatment and discharge of produced and other waters from onshore oil and gas production. In the first part ...
Tags: Oil, Gas, Metallurgy, Mineral, Energy
The US-Asia isomer-grade mixed xylenes arbitrage has shut on paper after being open for about a month, hit by higher US prices overnight Tuesday, Platts data showed Wednesday. Asian isomer-MX CFR Taiwan was assessed at $1,297/mt Tuesday, ...
Tags: Chemicals
Asia could be looking at a shortfall of around 120,000 mt/month of isomer-grade mixed xylenes from late September through October due to refinery turnaround season in Japan and South Korea, a market source said Tuesday. "Supply in Asia is ...
Tags: mixed xylenes
The spot market for Asian isomer-grade mixed xylenes is likely to shrink to a third of its current size next year as a major spot seller diverts a large chunk of its product into making paraxylene, market sources said Thursday. "The ...
Tags: Chemicals, spot market
After hitting an eight-month low on March 28, Asian isomer-grade mixed xylenes have seen a marked rebound as bargain hunters returned to the market and the downstream paraxylene sector showed signs of rising demand. From $1,119.50/mt FOB ...
Tags: Asian Isomer-Mx, Downstream
UOP LLC, a Honeywell company, announced that its technology has been selected to produce key petrochemicals in a new complex in Brunei. Brunei Hengyi Industries Sdn Bhd, a subsidiary of China's Zhejiang Hengyi Group Co., will use several ...
Tags: aromatics, Brunei Petrochemical
Blend values for toluene and mixed xylene have become a price floor as their derivative demand shrank in the spot market, sources said Sunday on the sidelines of the American Fuel and Petrochemical Manufacturers' annual conference. ...
European mixed xylene prices were under downward pressure from the sharp correction in Asian and US mixed xylenes prices. Market sources said European isomer-mixed xylenes were trading at $1,290/mt FOB ARA, down $10 from Platts' March 15 ...
The spread between Asian solvent-grade mixed xylenes and feedstock naphtha was assessed by Platts at a six-month low of $184.875/mt on Friday, down $55.625/mt from a week ago. Solvent-MX market came under pressure from weak demand and ample ...
Tags: mixed xylenes, feedstock naphtha, naphtha
South Korea's spot supply of solvent-grade mixed xylenes for April loading will likely halve from its typical volume because of lower yields from naphtha-fed steam crackers' use of butane in its feedstock mix, an industry source said ...