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
Feedstock issues and supply tightness have driven up North American prices for suspension PVC and solid polystyrene resin since Feb. 1. But a different feedstock and lower demand served to send regional prices for PET bottle resin down in ...
Tags: PVC, Polystyrene, vinyl chloride
Presently, several petrochemical projects are either under construction or expansion and Indonesia is on its way to become self-sufficient in the production of olefins like ethylene and propylene, aromatic and other petrochemical products ...
Tags: Petrochemicals Self-Sufficiency, petrochemical projects
Munich-based WACKER Group has adopted the motto "Discover Tomorrow's Solutions" for this year's Middle East Coatings Show (MECS), in Dubai from March 10 to 12. The company is unveiling a new dispersible polymer powder for cost-efficient, ...
Tags: Chemicals, Construction, Decoration
US ethylene contract prices for February were heard to have fully settled 0.75 cent below January's contract prices, with the net transaction price at 49.50 cents/lb, sources said Monday. The posted price also slipped 0.75 cent compared ...
High ethylene prices in Asia have been keeping margins of most ethylene derivatives in the red, forcing some MEG and polyethylene makers to consider trimming operation rates or closing entire production lines, sources said this week. In ...
Japan's ethylene production in February fell 11% from January to 572,800 mt but rose 9% year on year, the Ministry of Economy, Trade and Industry said Friday. Japan's exports of ethylene and ethylene derivatives in January had increased ...
US ethylene contracts for February were heard settling 0.75 cent below January mark, lowering the net transaction to 49.5 cents/lb ($1,091/mt), sources said Tuesday. The posted price for February would also settle .75 cent lower at 54 ...
Tags: Ethylene, purity ethane
US polyethylene contracts rose 4 cents/lb in February after producers were successful in implementing the hike that had been anticipated since the end of 2013, market sources said. Producer sources had expressed confidence in obtaining ...
Tags: Polyethylene, Chemicals
European prices for polyethylene terephthalate have fallen to their lowest levels since August 2010 according to Platts data, and many sources expect further declines in March. The falls were driven primarily by import competition and ...
Ethylene producers in Northwest Europe have fixed two cargoes to Asia for March loading driven by length in domestic market, the turnaround season in Asia and port congestion in the Middle East, sources said this week. Europe, a net ...
Archer Daniels Midland Company (NYSE: ADM) and Rennovia, Inc. announced today that ADM has committed to a $25 million equity investment in the privately held company, which develops catalysts and processes for the cost-advantaged production ...
Tags: ADM, Investment, Rennovia, refined carbohydrates
High inventories have pushed the spot price of monoethylene glycol in China to the lowest level seen since July 2012, Platts data showed Tuesday. Weakness in the domestic market pressured down the import price of MEG to $916/mt CFR China ...
Tags: MEG Prices, Domestic Market
China's recent move to digitally tag fuel cargoes to clamp down on the widespread practice of declaring crude purchases as fuel oil to evade taxes is already seen to be curbing demand for heavy Venezuelan Merey crude from teapot refiners in ...
Tags: Curbing Demand, Tax Change
Spot prices for delivered cargoes of North Sea propane have increased on renewed buying from the petrochemicals sector, according to industry sources. In the early part of this month the spot price of CIF North Sea propane was just above ...
Tags: Propane, Petrochemicals