The prices of both imported and domestically produced LPG rebounded in East and South China this week, after falling 21-34% over the previous five weeks, supported by increasing demand and improving sentiment, trade sources said Friday, ...
Prices of both imported and domestically-produced LPG fell another 9-12% in China this week after sliding 10-13% last week amid lower Asian LPG values and weaker demand from the petrochemical sector, trade sources said Friday, December 12. ...
An unplanned manufacturing disruption of PO/MTBE, led to US based Huntsman Corporation reporting a lower adjusted EBITDA, from a year ago quarter, in the third quarter of 2014. Huntsman said adjusted EBITDA amounted to $356 million in ...
Praxair, Inc., through a subsidiary, has signed a long-term contract to supply industrial gases to Nanjing Jinling Huntsman New Materials Co., Ltd., a joint venture between SINOPEC Jinling and Huntsman. Jinling Huntsman will use the gases ...
The European premium of ETBE over MTBE -- two gasoline components -- hit a two-and-a-half-year high of $166/mt Tuesday, as imports from Brazil fell, according to market sources. Platts assessed ETBE barges for spot delivery at $1,277/mt ...
Tags: gasoline, spot market
Saudi Arabia's Rabigh Refining and Petrochemical Company or Petro Rabigh's second phase expansion project has turned it into one of the strongest "volume growth stories" in the country's chemical industry, UK-based bank HSBC said in a ...
Tags: Petrochemical, Sumitomo Chemical
The North Sea spot butane market has been inactive due to a combination of thin demand and limited availability, according to industry sources. North Sea butane is used in Northwest Europe either by the gasoline related sector in the ...
Tags: Butane Market, butane, mixed butane
Despite ethanol prices at their highest levels in nearly eight years, multiple ethanol production facilities in the US Midwest will undergo spring maintenance turnarounds in the coming weeks, sources said Tuesday. Flint Hills Resources ...
Tags: Ethanol, ethanol production
February production of corn-based ethanol in the US lowered by 125.01 million gallons, or 10.76%, to an 11-month low of 1.04 billion gallons, US Environmental Protection Agency data showed Friday. The drop in ethanol production was ...
Tags: Chemicals, corn-based ethanol
The European MTBE factor reached its highest level in eleven months Tuesday supported by ongoing demand for exports, according to market sources. The factor was calculated at 1.204, with MTBE FOB ARA at $1,147/mt versus Ebob gasoline at ...
Tags: MTBE Exports, Chemicals
The spot price for FOB butane barges in the Amsterdam-Rotterdam-Antwerp region have remained weak since the beginning of the year on poor demand, industry sources said Thursday. In winter, butane barges from ARA refineries are used for ...
Tags: Ara Butane, Chemicals
Mild winter weather in Northwest Europe has boosted demand for ETBE -- a component used to make gasoline -- at a period when imports of the product into the region are seasonally low, supporting its premium over rival blending product MTBE, ...
LyondellBasell (NYSE: LYB) today announced that its methanol plant at Channelview, Texas, was placed into service in the fourth-quarter 2013 to take advantage of low-cost natural gas from shale formations. The unit had been out of service ...
Tags: LyondellBasell, methanol plant, Channelview, re-start
Recently, Changyi Petrochemical performed an internal audit on its quality management system to examine its effectiveness and find opportunities for improvement. The audit involved all production and sales departments and processes ...
Tags: Changyi, petrochemical, quality management, audit
Sentiment on the North Sea mixed butane market has turned slightly more bullish on tighter availability, according to industry sources Tuesday. During the summer North Sea mixed butane is used in Northwest Europe by the gasoline-related ...