Lotte Chemical articles & resources on Made-in-China.com

Analysis: Asian Styrene Monomer Margins at Narrowest in 11 Months on Firm Ethylene, Tumbling Sm

Nov 25, 2015

Margins for non-integrated styrene monomer producers in Asia shrank to their narrowest in 11 months Monday due to firm feedstock ethylene and tumbling SM market amid weak demand season in the fourth quarter. The margin was calculated at ...

Tags: styrene, benzene, polystyrene

South Korea's Spot Supply of Solvent-Grade Mixed Xylenes for April Loading Will Fall

Mar 18, 2014

South Korea's spot supply of solvent-grade mixed xylenes for April loading will fall by up to half of its typical volume because of lower yields from naphtha-fed steam crackers' use of butane in its feedstock mix, a market source said ...

Tags: solvent-grade mixed xylenes, butane, LPG

Axiall Corporation and Lotte Chemical Announced That They Have Signed a Heads of Agreement

Feb 12, 2014

Axiall Corporation and Lotte Chemical of the Republic of Korea announced that they have signed a Heads of Agreement to pursue a 50/50 joint venture arrangement for the design, construction and operation of a proposed 1 million metric ...

Tags: Ethane Cracker, Textile

Taiwan's Formosa Petrochemical Is Expected to Continue Using LPG as Alternative Feedstock

Oct 29, 2013

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

Taiwan's FCFC Is Maintaining Run Rates at Three Aromatics Plants at 90-100% of Capacity

Sep 11, 2013

Taiwan's Formosa Chemical and Fiber Corp is maintaining run rates at its three aromatics plants at 90-100% of capacity despite paraxylene production margins remaining poor, a company source said last Friday. The price spread between Asian ...

Tags: taiwan, Chemicals

Price Shrank $9/mt Day on Day to a One-year Low of $175/mt on a CFR Basis Wednesday

Sep 9, 2013

The price spread between Asian paraxylene and isomer-grade mixed xylenes shrank $9/mt day on day to a one-year low of $175/mt on a CFR basis Wednesday as PX prices turned top heavy while MX remained bullish, Platts data showed. Asian ...

Tags: MX Firms

The South Korea Based Lotte Chemical Is Operating Its Yeosu-Based MEG

Jul 31, 2013

The South Korea based Lotte Chemical is operating its Yeosu-based monoethylene glycol (MEG) plant at reduced rates. “The MEG plant is operating at 40 percent operating rates due to weak demand and lower prices of MEG,” a ...

Tags: Lotte Chemical, Textile

Asian Naphtha Industry Gathered Thursday Debates Among Other Things a Recommendation

Jul 18, 2013

The Asian naphtha industry gathered Thursday for the start of the 22nd CFR Far East Open Specification Naphtha Meeting to debate among other things a recommendation that seeks to widen the scope of naphtha cargo origins for inclusion in an ...

Tags: Chemicals, Metallurgy, Mineral, Energy

SM Was Assessed at $1,699/Mt FOB Korea Monday, up $24.50/Mt From Friday

Jul 4, 2013

The price spread in Asia between styrene monomer and its main feedstock benzene soared to an all-time high of $501.50/mt Monday, Platts data showed, as the SM market surged on news that South Korea's Lotte Chemical had delayed the restart ...

Tags: SM-benzene, Chemicals

The Price Spread in Asia Soared to an All-time High of $437/mt Monday

Jun 20, 2013

The price spread in Asia between styrene monomer and its main feedstock benzene soared to an all-time high of $437/mt Monday, as SM prices jumped on tight supply, Platts data showed. SM was assessed at $1,718/mt FOB Korea Monday, up ...

Tags: SM-Benzene Price, Chemicals

The Price Was Pegged at $391.50/mt Thursday Morning

Jun 14, 2013

The price spread between styrene monomer and its main feedstock benzene was pegged at $391.50/mt Thursday morning, its widest point in more than four years, as SM remains firm after an unexpected shutdown by South Korean producer Lotte ...

Tags: styrene monomer, SM-Benzene Price

Mitsui Chemicals Announced Commencement of Polypropylene Catalyst Plant in Yeosu

Apr 9, 2013

Mitsui Chemicals, Inc. (Toshikazu Tanaka, President& CEO) announced commencement of commercial operations at the LOTTE MITSUI CHEMICALS, Inc. (Dong-Hee Yim, President) polypropylene catalyst plant in Yeosu, Korea on April 1. The plant is ...

Tags: polypropylene catalyst plant, Textile

Titan Plans to Construct a Naphtha Cracker Complex Near Its Industrial Plant

Apr 1, 2013

Aiming to expand presence in the petrochemical space, Indonesia’s biggest polyethylene producer, PT Titan Kimia Nusantara Tbk plans to construct a naphtha cracker complex near its industrial plant in Merak, Banten. Johanes Bambang ...

Tags: cracker project, polyethylene producer, polyethylene

South Korea's Spot Supply of Solvent-grade Mixed Xylenes Loading Will Likely Halve

Mar 11, 2013

South Korea's spot supply of solvent-grade mixed xylenes for April loading will likely halve from its typical volume because of lower yields from naphtha-fed steam crackers' use of butane in its feedstock mix, an industry source said ...

Tags: solvent-grade mixed xylenes, South Korea, butane

Average Price of Butadiene in February Rose 14% Month on Month to $2,007.50/mt FOB Korea

Mar 5, 2013

The average price of butadiene in February rose 14% month on month to $2,007.50/mt FOB Korea amid tight availability and new downstream plants coming online. The first of about four butadiene rubber plants starting up in 2013 was ...

Tags: butadiene, butadiene price, butadiene market

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