US propane and propylene inventories dropped 2.4 million barrels to 58.38 million barrels for the reporting week ended November 15, the Energy Information Administration said Wednesday. Inventories in the Gulf Coast region fell 1.8 ...
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
CUI Global, Inc. (NASDAQ: CUI), a platform company dedicated to the acquisition, development, and commercialization of new, innovative products and technologies, today announced that, effective September 2013, its wholly owned subsidiary, ...
Tags: Cui Global, Yokogawa United Kingdom Ltd, gas, od
Mitsubishi Heavy Industries Compressor Corporation (MCO), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), will establish MHI Compressor Manufacturing, LLC in Pearland, Texas (part of greater metropolitan Houston), by the end of ...
Tags: MCO, petrochemical, plant, MHI
Global demand for naphtha will expand faster than any other light products through 2020, spurred by rising needs of the petrochemical industry in Asia, as per the latest report by the Organization of Petroleum Exporting Countries (OPEC). ...
Tags: naphtha, light products
At least three Chinese companies are in the final stages of negotiations with three LPG producers in Iran for term supply deals for 2014, industry sources said Thursday. The deals would mark the first time buyers in China had secured LPG ...
Tags: LPG Industry, Energy
Kennebec Lumber Company has begun construction on three new state-of-the-art kilns, each capable of drying 60,000 board feet, increasing overall capacity to nearly 1,000,000 board feet. The new computer-controlled propane-fired kilns will ...
Tags: Construction, Decoration
AVT, Inc, a leader in automated retailing systems, micro-stores and kiosks, announced that they have developed a breakthrough new automated retailing system that provides business owners with a self-service solution that offers the latest ...
Tags: Automated Retailing System, AVT
Taiwan's Formosa Petrochemical Corp. is expected to continue using LPG as alternative feedstock at its steam crackers until after November when it will switch to fully using naphtha, an industry source said Friday. The plan comes as prices ...
Tags: Steam Cracker, Formosa
Japan's stocks of liquefied petroleum gas rose 4.69% month on month to 2.145 million mt as of September 30, marking the fourth straight month of increase as imports inched up to meet utility demand ahead of winter, data from the Japan LPGas ...
Tags: LPG Stocks, liquefied petroleum
US propane and propylene stocks fell 533,000 barrels to 65.97 million barrels for the reporting week ended October 18, data from the Energy Information Administration showed Wednesday. The change in stocks was in line with market ...
US propane and propylene stocks increased 26,000 barrels to 66.50 million barrels for the week ended October 11, data from the Energy Information Administration showed Monday. Propane market participants had been expecting stocks to show ...
What's your idea of an ideal evening in winters? Well, how about wining and dining with your loved ones or friends and family at a warm and cozy place where time is not a constraint and even if you pass out after the endless drinking and ...
Tags: Fire Pit
US Gulf Coast propane was at an 11-month high relative to the NYMEX front-month crude contract Friday morning as buying for the fall and winter heating season picks up and exports continued to drain US propane stocks. Mont Belvieu propane ...
Tags: Gulf Coast propane, propane stocks
Narrowing propane price spreads between the US and international markets are poised to shrink further as terminal developers, such as Enterprise Products Partners, advance plans to increase the nation's liquefied petroleum gas export ...