Counter bids for the April Asian Contract Price for paraxylene are seen to come in at around $1,050-1,100/mt CFR, sources close to the negotiations said Thursday. The four PX ACP sellers in Asia -- ExxonMobil, Japan's Idemitsu Kosan and ...
Tags: Paraxylene, PTA market, PTA producers
The US ethylene market could have six new world-scale steam crackers online by 2017-2019, Dow Chemical's Jim Fitterling said Wednesday. Speaking at the IHS World Petrochemical Conference in Houston, Fitterling announced expansions for the ...
The use of water in textile production has reduced by 90 percent in the last decade due to use of modern technologies, according to a research by Brazilian Association of Textile and Clothing Industry (ABIT). Since the 2000s, the use ...
The BASF TOTAL Petrochemicals LCC (BTP) joint venture (60 percent BASF, 40 percent Total) announced the startup of a 10th furnace at its steam cracker facility in Port Arthur, Texas. The additional furnace improves feedstock flexibility, ...
Tags: Steam Cracker, furnace, BTP
The spread between the spot prices for acetic acid and vinyl acetate monomer in Europe surged to an all-time high of Eur1,040/mt ($1,444/mt) Thursday, as VAM prices soared and feedstock AA prices remained stable. In December last year, the ...
Everyone knows the stone age didn't end because they ran out of stones. Innovation happens when people look at their surroundings in new ways. The checkoff helps manufacturers innovate with U.S. soy by supporting research and development of ...
Tags: Soybean, Agriculture, Food
Succinity GmbH, the joint venture between Corbion Purac and BASF for the production and commercialization of biobased succinic acid, has announced the successful start-up of its first commercial production facility. The plant, located at ...
Archer Daniels Midland Company (NYSE: ADM) and Rennovia, Inc. announced today that ADM has committed to a $25 million equity investment in the privately held company, which develops catalysts and processes for the cost-advantaged production ...
Tags: ADM, Investment, Rennovia, refined carbohydrates
Russia's largest oil producer, Rosneft, and petrochemical company Sibur Friday reached an agreement under which the oil producer will sell its 49% stake in a gas processing joint venture to Sibur and guarantee supply of up to 10 billion ...
Tags: Rosneft, Gas, oil producer
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
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 ...
The American Coatings Conference (ACC) will commence with a keynote presentation given by Charles F. Kahle, II, chief technology officer and vice president, Coatings R&D at PPG Industries. Starting with a wide lens on the future, Dr. ...
Of the 1,093 million lb of feedstocks used to produce biodiesel in October, 50.41% was soybean oil, a 1.21 percentage point decline from September, US Energy Information Administration data showed Monday. Soybean oil remained the largest ...
Tags: Soybean Oil, Biodiesel Production
Braskem and Genomatica announced an agreement for the joint development of commercial process technology to make bio-based butadiene from renewable feedstocks. Braskem is the world's leading producer of biopolymers and the world's third ...
Tags: Braskem, Genomatica, bio-based butadiene, renewable feedstocks
US ethylene dichloride prices were assessed Thursday at$325-335/mt FOB US Gulf,a spike of$30/mt week on week,amid tight availability,strong demand from Asia and an increase in feedstock costs,said sources. The price is at its highest ...
Tags: US ethylene dichloride price, ethylene dichloride, the ethylene