ExxonMobil nominated its February US butadiene contract price unchanged from January as 83 cents/lb ($1,830/mt), sources said Wednesday. ExxonMobil was unavailable to confirm immediately. Market expectations were for a rollover ...
German chemicals company Evonik said Friday it will be expanding output of C4-based products, including butadiene, methyl tertiary butyl ether and 1-butene, at its Antwerp, Belgium and Marl, Germany, sites. Butadiene production in ...
Tags: Evonik, chemicals, company news
Aramco Far East (Beijing) Business Services, or Aramco Asia, has started offering polyolefins produced by Fujian Refining and Petrochemical in China effective January 1, its parent Saudi Aramco said late Monday. Aramco Asia will ...
Tags: Aramco Far East, polyolefins, Fujian Refining and Petrochemical
Iran has decided to keep its export ban on polymers like acrylonitrile butadiene styrene, general purpose polystyrene, high impact polystyrene, polypropylene, polycarbonates and epoxy resins despite having lifted a ban on exports of other ...
Tags: Iran, export ban, polymers, polymers market
New York City-based private equity firm SK Capital Partners, in partnership with global investment firm First Reserve Corp., has acquired TPC Group Inc. — a Houston-based producer of value-added products derived from niche ...
Tags: SK Capital Partners, First Reserve Corp, value-added products
China's Panjin Ethylene Industry Corp. raised its butadiene offers by Yuan 300($48)/mt, or about 3%, to Yuan 11,310/mt ex-tank, effective Monday, local end-users said. This is PEIC's first price hike after slashing prices on five ...
Tags: PEIC, butadiene prices, Chemical Industry
It will not be wrong to say that the world has been revolutionized today as rubber is being used extensively.Though rubber is renewable,yet the effects that the burning of rubber-made products inflicts on the environment are also not ...
Tags: recycling of rubber
Taipei, Dec. 14, 2012 (CENS)--Formosa Plastics U.S.A. will invest US$1.7 billion (NT$49.38 billion) to expand its capacities and switch to shale gas as the raw material for its naphtha crackers, which will enable it to cut production cost ...
Tags: raw material, naphtha crackers, Formosa Plastics, oil shale resources
Invista has entered into a development agreement with biotechnology firm LanzaTech for bio-based butadiene, a chemical used in the production of various plastics. The companies will jointly work on projects to develop one-step and ...
Demand for synthetic rubbers, which are used to manufacture tires, in Asian market is expected to recover from slump, following improvement in the economic condition in countries like China and India, according to a new report. According ...
Ineos is considering a further cut in production run rates at its acrylonitrile plants in Europe due to declining demand, a company source said Tuesday. Ineos operates a 300,000 mt/year plant in Cologne, Germany and a 280,000 mt/year ...
Tags: Acrylonitrile, Acrylonitrile Output, Acrylonitrile price
BASF inaugurated its new dispersions plant in Daya Bay Petrochemical Industrial Park in Huizhou, China. The new plant will produce styrene butadiene (XSB) dispersions and styrene acrylic (SA) dispersions. XSB dispersions are mainly used as ...
South Korea's largest ethylene producer, Yeochun Naphtha Cracking Center, said Thursday its net profit dropped 40% year on year to Won 144.7 billion ($133.5 million) for the first nine months of the year, compared with Won 241.3 billion a ...
Tags: ethylene producer, Naphtha Cracking Center, Operating profit, profit
Demand for high impact polystyrene in Asia has fallen over the past one month on plunging acrylonitrile-butadiene-styrene prices, making it more attractive than HIPS for many customers, Asian HIPS producers said this week. ABS is a ...
Tags: high impact polystyrene, plunging acrylonitrile-butadiene-styrene
US steam cracker margins showed minor increase against lower feedstock costs in a shortened holiday week,as US markets were closed for celebration of the Thanksgiving holiday. Platts'close of assessment for the week was at 12:30 p.m.CST ...
Tags: steam cracker margins, Ethane-based ethylene margins, data, price