The average price of Asian butadiene sank 18% month on month in April to $1,431.25/mt FOB Korea due to weak demand from China and an oversupply of synthetic rubber, Platts data showed Thursday. The monthly average was down a sharp 58% ...
Tags: Asian Butadiene, Weak Demand
China's Q1 imports of butadiene soared by 162% to 136,239 mt against 52,081 mt in the corresponding three months of 2012, General Administration of Customs data released late Tuesday showed. But the surge in China's imports has dampened ...
Tags: Butadiene Imports, Butadiene
Germany-based Dienes Packaging has selected global styrenics supplier Styrolution as its exclusive supplier of transparent specialty grade, Zylar BX6503 (methyl methacrylate-butadiene-styrene copolymers). Dienes is using the grade in the ...
Tags: Dienes, Styrolution, Packaging Material
Asian acrylonitrile-butadiene-styrene producers Thursday said a sharp drop in ABS demand in China in the first quarter of 2013 could be linked to a record decline in worldwide sales of personal computers as reported by the US-based research ...
Tags: Producers Link, ABS Demand
BASF will increase the price for all medium solids styrene butadiene emulsion polymers by $0.05 per wet pound in North America, effective March 29, 2013 or as contracts allow. This price increase involves BASF products under the tradename ...
Japan's Toyo Engineering Corp and Egypt's Engineering for Petroleum and Process Industries will jointly construct a 400,000 mt/year polyethylene plant in Alexandria, Toyo said Tuesday. The joint contract is for $400 million and Egyptian ...
The monthly average price for Asian butadiene plunged 13% to $1,738/mt FOB Korea in March against $2,007.50/mt in February over a lack of Chinese demand and oversupply, Platts data showed. The last time the monthly average was higher was ...
Tags: Butadiene, Average Price, Chemicals
South Korea's Kumho Petrochemical plans to bring forward by 9 days and lengthen a turnaround at the smaller of its two butadiene rubber plants at Yeosu, a company source said Thursday. The 120,000 mt/year plant will now shut April 1 for ...
Tags: Chemicals, Petrochemical
Lanxess, a Germany-based speciality chemicals group, is planning many chemical production projects in the Gulf Cooperation Council (GCC) region. Lanxess vice president and managing director Elie Saad was quoted by MEED as saying that the ...
Tags: Lanxess, chemicals operations, chemicals
An initial NWE contract for April-delivered butadiene was fully settled Tuesday at Eur1,415/mt FD NWE ($1,821/mt FD), following confirmation from four producers and two consumers involved in the negotiations. A spokesman for SABIC Europe ...
Tags: NWE, LyondellBasell, Chemicals
The April US butadiene contract price settled at a rollover at an 84-86 cents/lb ($1,852-1,896/mt) split settlement, sources said Sunday on the sidelines of the American Fuel and Petrochemical Manufacturers' annual conference. ExxonMobil ...
China Petroleum and Chemical Corp., or Sinopec, slashed its ex-works prices for butadiene in East China by 7% effective late Tuesday, market sources said Wednesday. Butadiene offers from Sinopec's subsidiaries across East China -- Yangzi ...
Tags: Metallurgy, Mineral, Energy, Petroleum
German specialty chemicals company LANXESS has announced strong figures for the past fiscal year, with improvements in key reported numbers. “2012 was the best year in our growth story so far. Our business model proved itself once ...
Tags: Lanxess group, chemicals company, chemicals
China Petroleum and Chemical Corp, or Sinopec, has cut its ex-works prices of butadiene in East China by 5.41% effective Wednesday, market sources said. Offers from Sinopec's subsidiaries in eastern China, Yangzi Petrochemical, Shanghai ...
Tags: Petroleum, Chemical, butadiene price
LyondellBasell executives, led by CEO Jim Gallogly, told participants at the company's Investor Day in New York how LyondellBasell is preparing to build upon its record 2012 performance which included $5.8 billion of EBITDA and earnings of ...
Tags: Lyondellbasell, Record Performance, Textile