US ethylene contract prices for February were heard to have fully settled 0.75 cent below January's contract prices, with the net transaction price at 49.50 cents/lb, sources said Monday. The posted price also slipped 0.75 cent compared ...
US ethylene contracts for February were heard settling 0.75 cent below January mark, lowering the net transaction to 49.5 cents/lb ($1,091/mt), sources said Tuesday. The posted price for February would also settle .75 cent lower at 54 ...
Tags: Ethylene, purity ethane
Ethylene producers in Northwest Europe have fixed two cargoes to Asia for March loading driven by length in domestic market, the turnaround season in Asia and port congestion in the Middle East, sources said this week. Europe, a net ...
High inventories have pushed the spot price of monoethylene glycol in China to the lowest level seen since July 2012, Platts data showed Tuesday. Weakness in the domestic market pressured down the import price of MEG to $916/mt CFR China ...
Tags: MEG Prices, Domestic Market
Technip awarded contract to supply proprietary furnace technology and services in Russia OJSC Kazanorgsintez renews its trust in Technip, the world’s largest ethylene licensor and contractor. Technip was awarded by Open Joint ...
US ethylene contracts for January were heard fully settled up 2 cents from December, with the net transaction price at 50.25 cents/lb, market sources said Wednesday. The posted price also rose 2 cents from December to 54.75 cents/lb. ...
Tags: Ethylene, spot ethylene
Axiall Corporation and Lotte Chemical of the Republic of Korea announced that they have signed a Heads of Agreement to pursue a 50/50 joint venture arrangement for the design, construction and operation of a proposed 1 million metric ...
Tags: Ethane Cracker, Textile
Enterprise will ship an additional 500,000 barrels of propane on its TEPPCO pipeline in response to a prioritization order from the US Federal Energy Regulatory Commission, Enterprise said Monday in a notice to shippers. FERC late Friday ...
Tags: Propane Shipments, FERC Order
More than 5,893 leaks from aging natural gas pipelines have been found under the streets of Washington, D.C. by a research team from Duke University and Boston University. A dozen of the leaks could have posed explosion risks, the ...
Tags: Consumer Electronics, Electronics
US ethylene December contracts were heard to be settling 2 cents above November's level, increasing the net transaction to 48.25 cents/lb ($1,063/mt), sources said Monday. The posted price for December also would settle up 2 cents to ...
Navigator Holdings Ltd. ("Navigator") today announced that it has exercised its last remaining option to construct a 22,000 cubic meter gas carrier at Jiangnan Shipyard (Group) Co Ltd. ("Jiangnan") in China at the previously agreed ...
Tags: newbuilds, transportation
Qatar Petroleum(QP)and Qatar Petrochemical Company(QAPCO)have revealed the logo of the Al Sejeel Petrochemical Complex,bearing the colors of the Qatari flag,and also announced the award of the project's Front-End Engineering and ...
The price differential between US Gulf Coast butane and international markets has eclipsed that of US propane but the US has failed to see a pick up in butane cargo liftings, according to market sources. "I guess it's a logistic ...
Entergy Gulf States Louisiana, L.L.C. signed a six-year commercial and contractual agreement with Sasol North America, Inc., a wholly-owned subsidiary of Sasol Limited, to supply up to 200 megawatts of electric power to Sasol's proposed ...
Tags: Petrochemical News, Entergy Gulf, Louisiana, Westlak
Black & Veatch and Exterran Energy Solutions, L.P. (“Exterran”) are joining forces to reduce capital and operating costs, improve natural gas liquid product yields and enhance system flexibility for natural gas processors. The ...
Tags: natural gas, energy