The market structure for FOB Korea toluene flipped into a backwardation Wednesday, supported by tight supply of prompt-delivery cargoes and keen buying interest, said market sources. Platts assessed the FOB Korea toluene marker at ...
Tags: Toluene, paraxylene plants
Can the plant from which Tequila is made, agave, transform the economics of sustainable aviation biofuels? Byogy Renewables has invested in a strategic partnership with AusAgave Australia, aimed at developing multiple feedstocks to ...
Tags: Service
European butyl acetate producers are again struggling to pass on feedstock increase this month and are having to accept declining margins, sources said this week. Butac is produced from iso-butanol, a propylene derivative, and acetic ...
Tags: Butyl Acetatem, propylene
Japanese spot import prices of high-carbon ferrochrome rose this week as Indian producers cut output amid a decline in domestic chrome ore feedstock supplies, market sources said Friday. Platts assessed the spot price of high-carbon lumpy ...
The Asian price spread between styrene monomer and its main feedstock benzene widened by $7.50/mt to $250/mt early Thursday afternoon following an SM plant outage in Europe, but high stocks in China were expected to limit the widening of ...
Tags: Chemicals, Metallurgy, Mineral, Energy
European spot steam cracker margins hit a near month high of Eur72/mt ($98/mt) Wednesday on the back of an increase in ethylene. Ethylene spot prices Wednesday reached their highest point since the end of February at Eur942.50/mt FD NWE, ...
The Linde Group and BASF SE intended to cooperate in developing and licensing processes for the on-purpose production of linear butenes and butadiene. BASF has developed process technology and catalysts as well as the extraction ...
The relationship between feedstock soybean oil and blendstock heating oil that the biodiesel industry uses to gauge costs and margins rebounded Tuesday from hitting a three-month low Monday. The "boho" factor, as the relationship is also ...
Tags: heating oil, Biodiesel
Styrolution is seeking to expand polystyrene margins following the settlement of the June styrene contract price, the company said late Monday. With the Northwest European styrene contract agreed at Eur1,360/mt FOB ARA ($1,850/mt), down ...
Tags: Styrolution, Polystyrene
North America-based petrochemical companies are likely to enjoy a competitive advantage over their rivals based elsewhere for the next several years as a result of the US shale gas revolution, which provides both inexpensive feedstocks and ...
Turkmenistan President Gurbanguly Berdimuhamedov has signed a resolution related to financing of the proposed gas-chemical complex for manufacture of polypropylene (PP) and polyethylene in Balkan province. The complex would be built in ...
Tags: PP Plant, polypropylene
Turkish petrochemical producer Petkim Thursday increased the prices of polyolefins by $15-20/mt, sources said. Petkim was not immediately available to confirm. New list prices for low density polyethylene, high density PE injection ...
Tags: Polyolefins, petrochemical producer, Petkim
Asian paraxylene buyers placed their counterbids for June at $1,150-1,170/mt CFR, more than $100/mt lower than nominations for the Asian contract price, sources close to the negotiations said Thursday. There are four PX ACP sellers in ...
Tags: paraxylene, oil
The price spread in Asia between styrene monomer and its main feedstock benzene fell to a three-month low of $284/mt on Tuesday, as benzene supply has tightened while SM supply has increased, Platts data showed. The FOB Korea benzene ...
Packaging company Huhtamaki Molded Fiber Europe has expanded its Forest Stewardship Council (FSC) Chain of Custody (CoC) certification to include its complete operations in Europe. To confirm conformance to the FSC Reclaimed Standard ...
Tags: Molded Fiber, Huhtamaki