Operating loss figures were splashed in red in the results for the second-quarter of 2014 ending June 2014 at SK Innovation, South Korea’s foremost and world’s leading energy and petrochemical company. In the period April to ...
Tags: Red, SK Innovation, Textile
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
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 ...
SK innovation, one of the world's leading energy and petrochemical companies, and LanzaTech, a producer of low-carbon fuels and chemicals from waste gases, announced an agreement to develop a new process technology for the production of 1,3 ...
Tags: SK&Lanztech, Butadiene Technology
The spot market for Asian isomer-grade mixed xylenes is likely to shrink to a third of its current size next year as a major spot seller diverts a large chunk of its product into making paraxylene, market sources said Thursday. "The ...
Tags: Chemicals, spot market
After hitting an eight-month low on March 28, Asian isomer-grade mixed xylenes have seen a marked rebound as bargain hunters returned to the market and the downstream paraxylene sector showed signs of rising demand. From $1,119.50/mt FOB ...
Tags: Asian Isomer-Mx, Downstream
Ulsan Aromatics, a joint venture between South Korea’s SK Global Chemical and Japan’s JX Nippon Oil and Energy has planned to build a new Paraxylene (PX) plant in Ulsan, South Korea. A SK Global Chemical company official ...
A paraxylene(PX)plant to be set up in a joint venture between JX Nippon Oil&Energy and SK Global Chemicals is expected to start operations in mid-2014. “The construction of the plant being set up in Ulsan–South Korea is likely ...
Tags: paraxylene, Korea, Chemicals, Textile