The economic incentive for European refiners to mix ethanol into gasoline supplies and meet government mandates has been dwindling rapidly due to competition from cheaper bio-based ETBE, sources told Platts this week. Ethanol and ETBE are ...
Tags: Ethanol Blend, ETBE Price
The European ethanol physical price curve moved into contango this week as persisting high inventory in April collided with views that May could bring improved demand, sources said this week. A standard 1,000 mt fuel ethanol barge for ...
Tags: Ethanol Physical Price, Chemicals
Arbitrage shipments of styrene monomer from the US and Europe are set to arrive in China in late May and June, likely widening the backwardation between the two months in the Asian SM market, trade sources said Thursday. Around ...
Tags: SM Arbitrage Cargoes, Chemicals
LyondellBasell has settled its April Northwest European styrene monomer contract price at Eur1,413/metric ton ($1,837/mt) FCA Rotterdam, one of the company's customers confirmed Friday. LyondellBasell wasn't immediately available Friday ...
Tags: LyondellBasell, Chemicals
European benzene's premium to naphtha has topped the $450/mt mark for the first time since the start of February, as naphtha languishes at multi-month lows and benzene rises despite seemingly weak fundamentals. The benzene-naphtha spread ...
Tags: NWE, Benzene-Naphtha, Chemicals
Coal exports from South Africa's Richards Bay Coal Terminal (RBCT) soared to a 15-month high of 7.49 million mt in March, jumping 37.4% month-on-month and 20% year-on-year, the latest operating data released by the port Tuesday showed. ...
Tags: Coal exports, Chemicals
Studio Roosegaarde's Sustainable Dance Floor not only looks great while you dance but also allows its dancers to generate electricity while they dance.Yes, through the common act of just dancing on a special tech designed dance floor that ...
Tags: tainable Dance Floor, Dance Floor
Why WestHolland? With almost 500 million residents, and a purchasing power second to none, Europe is one of the world's most important business and consumer markets. Dutch know-how and expertise in international trade and commerce make ...
Tags: Service, Business cooperation
March's average US spot methanol price of $1.3503/gal was the highest average monthly price since September 2008, when it was $1.40/gal FOB USG, according to Platts data. The average spot price for March was up 4.65 cents, or 3.4%, ...
Tags: Spot Methanol, Chemicals, March
After growing steadily between 2002 and 2007, the total weight of goods handled in maritime ports in the EU27 remained nearly stable at 3.9 billion tonnes in 2008. It then fell by 12% to 3.4 bn tonnes in 2009 as the result of the economic ...
Tags: Maritime Port, economy
Northwest European Urals is at its narrowest discount to North Sea Forties crude so far in 2013 as emerging buying interest in the Russian medium, sour grade sent its values soaring, market sources said Wednesday. This comes just eight ...
Tags: crude demand, refiners, oil
The unexpected shutdown of Spanish Abengoa's 480 million liter/year Rotterdam ethanol plant in mid-December has helped boost grains-to-ethanol crushing margins in Northwest Europe to multi-month highs, data compiled by Platts show. ...
Tags: European Ethanol Margins, Chemicals, Abengoa
UK insurance firm Amlin has completed acquisition of RaetsMarine, a Rotterdam-based underwriting agency for $65m, as part of a strategy to grow its Marine business. Payment will be divided between 50% cash and 50% new Amlin shares, with ...
Tags: Amlin, RaetsMarine, insurance
Benzene prices continued to maintain the downward trend in Europe last week. "Global price meltdown and sluggish downstream demand were mainly responsible for the decline," say experts. Prices were assessed in the range of US$ ...
Global O-Xylene market showed downward trend in the week ending March 9, 2013. In Korea, O-Xylene prices went down last week, due to dull downstream buying sentiment in the region and lower downstream product prices. In the initial days ...