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
Paraxylene (PX) production capacity is increasing in the global market, mainly because majority of the PX is utilized for production of purified terephthalic acid (PTA), a key raw material in the textile industry for making polyester ...
Tags: PX Capacity, PTA
South Korea's November exports of isomer-grade mixed xylenes fell 14% from October to 27,372 mt due to a turnaround and lower shipments to key market China, data released Monday by the Korea Customs Service showed. South Korea exported ...
Tags: Petrochemical, Energy
Taiwan-based Formosa Chemical and Fibre Corp (FCFC) plans to undertake maintenance turnaround at its line No.1 of its aromatics plant in March 2013. “The line No.1 of our aromatics plant will undergo a scheduled maintenance ...
Tags: aromatics plant, Chemical, Fibre
New paraxylene capacity of 2.6 million mt/year and benzene capacity of 820,000 mt/year will be built in Saudi Arabia over the next four years by Saudi Aramco, a source close to the state company said Tuesday. These aromatics capacities ...
Tags: Saudi Aramco, Benzene, paraxylene
Japanese paraxylene (PX) producer – JX Nippon Oil and Energy has reduced the capacity rates at its PX plant located in Kashima. "Currently both the PX lines are operating at 70 percent capacity, mainly due to poor feedstock supply ...
Tags: paraxylene, feedstock supply, PX, Energy