Mistral Energy has started shipping purity ethane to Canada from the US on its Vantage Pipeline and expects to increase levels to 60,000 b/d over the next two years, a company spokesman said Thursday. The average volume in the "initial ...
Tags: Ethane, purity ethane
US propylene inventories at the end of first quarter of 2014 were 3.6% higher than year-ago levels and 1.5% above stocks at the end of the previous quarter, revised data from the American Fuel & Petrochemical Manufacturers trade group ...
Tags: Propylene, propylene production
A three-month old arbitrage window to export Asian butadiene to the US that had been slowly closing earlier this month has widened again this week and as a result producers and traders have been heard trying to arrange for butadiene cargoes ...
Tags: Butadiene, Asian butadiene
Private equity firm Actis has acquired a significant minority stake in Chinese biscuit brand Jiashili Food Group. Jiashili produces plain biscuits and crackers, and holds a major share of the plain biscuit market in China. Actis is ...
Tags: biscuits, Agriculture, Food
US spot ethylene settled at a 12-week high Thursday to be assessed at 56.5-57 cents/lb FD USG, up 3 cents/lb week on week, as a delay in the startup of a major transmission line between Texas and Louisiana, tightening supply amid a busy ...
Traders are considering sending European ethylene cargoes to Asia for late May delivery amid weak European prices, sources said Thursday. Market participants said they have been approached by several traders with selling indications ...
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 ...
Eastman Chemical Company (NYSE: EMN) recently announced an expansion of carboxylic acids capacity at its Longview, Texas, and Kingsport, Tennessee, facilities. The additional capacity is expected to be completed in the fourth quarter of ...
American private equity firms Goldman Sachs and Vestar Capital Partners will buy Hearthside Food Solutions, from Wind Point Partners for an undisclosed sum. Headquartered in Downers Grove, Illinois, Hearthside Food Solutions is a ...
Tags: Goldman Sachs, bakery, contract food
South Korea's spot supply of solvent-grade mixed xylenes for April loading will fall by up to half of its typical volume because of lower yields from naphtha-fed steam crackers' use of butane in its feedstock mix, a market source said ...
Tags: solvent-grade mixed xylenes, butane, LPG
High ethylene prices in Asia have been keeping margins of most ethylene derivatives in the red, forcing some MEG and polyethylene makers to consider trimming operation rates or closing entire production lines, sources said this week. In ...
Eastman Chemical Company announced an expansion of carboxylic acids capacity at its Longview, Texas, and Kingsport, Tennessee, facilities. The additional capacity is expected to be completed in the fourth quarter of 2014 and will add ...
Tags: Carboxylic Acids, Construction, Chemicals
Food and beverage giant PepsiCo has extended its contract with logistics, and freight forwarding firm Norbert Dentressangle in Belgium until 2020. Norbert Dentressangle was appointed by PepsiCo BeLux in 1998, for the storage and handling ...
Leclerc Foods USA, a Canadian cookie, snack bar and crackers producer, has purchased a new facility at Freeport Business Center to strengthen its food manufacturing capabilities in Phoenix, Arizona. The investment is in line with the ...
Tags: Leclerc Foods, snack bar
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