European prices for polyethylene terephthalate have fallen to their lowest levels since August 2010 according to Platts data, and many sources expect further declines in March. The falls were driven primarily by import competition and ...
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 ...
European imports of polyethylene terephthalate shot up by over 30% in 2013, according to Eurostat data published this week, and market participants believe that the specter of imports continues to loom over European producers. From ...
European olefin buyers said they are more optimistic about a decrease in ethylene contract prices than propylene for February, amid tightness in propylene. Buyers are aiming for a fall in both contract prices following the direction of ...
Tags: Spot propylene, CIF NWE, FD NWE, deep sea import
Ethylene spot prices have softened marginally for the first time since December 6 as feedstock naphtha prices fell, sources said. Ethylene was assessed at Eur1,000/mt ($1362) FD NWE Wednesday, down Eur7.50/mt on the day. Naphtha was ...
Norwest Energy NL (ASX: NWE) is pleased to provide an update on the status of the UK, Wessex Basin licences held by subsidiary company NWE Mirrabooka (UK) Pty Ltd. Following detailed discussions with Joint Venture partner Wessex ...
Tags: Norwest Energy, Wessex Basin licences, relinquish, Promote Licence P1928
Norwest Energy NL (ASX: NWE) is pleased toadvise that Norwest has completed a forward plan for the final phase of testing at the Arrowsmith-2 well site in the northern onshore Perth Basin, with operations scheduled to recommence in January ...
BUTTE, Mont., Dec. 2, 2013 /PRNewswire/ -- NorthWestern Corporation d/b/a NorthWestern Energy (NYSE: NWE) has completed the $70.2 million purchase (subject to customary post-closing adjustments) of operating and nonoperating natural gas ...
Tags: natural gas, energy
European polyethylene spot prices have extended their gains this week, rising Eur10/mt ($13.40/mt) on the week to Eur1,270-1,275/mt FD Northwest Europe, which market sources attributed to tighter supplies as European LDPE producers scale ...
Tags: Polyethylene, Tight Supplies
Petrochemical producers in Northwest Europe have started to reduce propane cracking rates due to a narrow CIF naphtha/CIF propane price spread, according to industry sources. When the price spread between CIF naphtha and cheaper CIF ...
Tags: Petrochemicals, Propane Cracking
European polyethylene prices have fallen in the run-up to the K Fair international plastics and rubber trade fair in Dusseldorf, on the back of volatile upstream prices and robust supplies which kept buying hesitant, sources said. Low ...
Tags: Chemicals, polyethylene
Fourth-quarter contract price negotiations in the European caustic soda market have concluded at rollover to Eur15/mt price decreases, depending on the region and customer size, market sources said Monday. Most Q4 contracts were settled ...
Tags: Caustic Soda, Chemicals
The price spread between CIF naphtha and cheaper CIF propane has narrowed on less bearish propane sentiment as well as weakening naphtha, according to industry sources. The CIF propane swap reached a $171/mt discount to the CIF Northwest ...
Propane remains the preferred feedstock for petrochemical users in Northwest Europe, due to lower prices compared with butane, sources said this week. "We are buying propane -- it makes sense right now," said a trader. Large propane ...
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, ...