Shell's hopes for a new gas-to-liquids mega project on the US Gulf Coast would benefit from much-improved process efficiencies, but any resulting cost savings could be limited by the need to build most of the plant outside the US, Shell ...
Tags: gas-to-liquids mega, Chemicals
The premium of styrene over benzene in the Northwest European market rose to a nine-month high of $448/mt Thursday as spot price trends between the feedstock and its derivative diverged, Platts data showed. The premium, assessed Thursday, ...
Tags: Styrene Premium, Chemicals
The US exported the second highest volume of petroleum coke ever in April, according to US Energy Information Administration data. The EIA April data, released Friday, show exports of 17.78 million barrels, second only to December 2011, ...
Tags: Petroleum Coke Volume
Colonial Pipeline Tuesday said its product loss allocation charge for long-haul deliveries will increase to 18 cents/barrel from 16 cents/b on August 1 due to many factors, including Hurricane Sandy last fall. The Houston-to-New York ...
Tags: Colonial, Pipeline Shipping
US Gulf Coast propane stocks have grown 3.61 million barrels in the first three weeks of June, roughly four times the amount that was added to storage in the comparable period of 2012, Energy Information Administration data showed ...
US spot benzene reached a 10-month low assessment Tuesday at $4.17/gal ($1,246.83/mt) FOB US Gulf Coast. Spot benzene was last assessed below this level on August 29, 2012 at $4.16/gal FOB USG. Since then, benzene prices have risen as ...
US spot mixed xylene prices have fallen a total of 11 cents ($33.33/mt) since June 17, last assessed Friday at $3.90/gal ($1,181.70/mt) FOB US Gulf Coast, which sources attributed to bearish demand and a weaker energy complex. MX prices ...
Tags: Mixed Xylene, Chemicals
Production of light, sweet crudes from unconventional oil fields in the US is ramping up so fast that at some point it will outpace the country's refining capacity and -- at least for the Gulf Coast -- this could occur within two years, a ...
Tags: Metallurgy, Mineral, Energy, oil, Sweet Oil
US spot styrene rose 0.55 cent/lb ($12.12/mt) to 74.25 cents/lb ($1,636.91/mt) FOB US Gulf Coast on Monday for its highest assessment in three months as it tracked gains elsewhere in the world. The assessment was the highest since March ...
Tags: Spot Styrene, Chemicals
US spot benzene shed 5 cents Wednesday to land at $4.29/gal ($1,282.71/mt) FOB US Gulf Coast, its lowest assessed level in six weeks, as slower chemical demand and an oversupplied market put downward pressure on prices, sources said. Spot ...
Tags: Chemicals
The June US benzene contract price settled 5 cents/gallon ($14.95/mt) lower at $4.42/gal ($1,321.58/mt), sources said Friday. The benzene CP settled at $4.47/gal in May, an 11-cent jump from the prior settlement at $4.36/gal. Market ...
Tags: US, Benzene CP, Chemicals
The US styrene to benzene spread remained above $300/mt for much of the last week, with the spread at $303.66/mt Monday, according to Platts data. US spot styrene lowered 0.05 cent/lb ($1.10/mt) day on day to a Monday assessment at 72.50 ...
Tags: Styrene-Benzene, Chemicals
US methanol contracts from Methanex are expected to roll over for June while Southern Chemical Corp is expected to decrease by 2-3 cents, market sources said Thursday. "SCC will probably come down so they are within a couple cents of the ...
Tags: Chemicals
The price spread between Asian styrene monomer and petrochemical feedstock naphtha hit an eight-year high of $819.90/mt Wednesday on short covering amid low spot inventory in China, Platts data showed. SM prices jumped $10.50/mt day on ...
Tags: Chemicals, petrochemical, styrene monomer
Vancouver-based methanol producer Methanex rolled over its US contract price at $1.60/gal ($532.80/mt) FOB US Gulf for June, it said Friday. The rollover marks the second consecutive month that the company's CP has been posted at that ...
Tags: Chemicals