US spot ethylene settled at a 12-week high Thursday to be assessed at 56.5-57 cents/lb FD USG, up 3 cents/lb week on week, as a delay in the startup of a major transmission line between Texas and Louisiana, tightening supply amid a busy ...
Kazakhstan plans to build a major petrochemical complex by 2016 to produce higher-value products from associated petroleum gas that is currently mainly flared, according to an official at state-run KazMunaiGaz. The government aims to go ...
South Korea's third-largest refiner, S-Oil, sold a combined 639,000 b/d of oil products, petrochemicals and lube in the first quarter of this year, up 1.4% from 630,000 b/d a year ago, the company said in a statement Thursday. Sales in Q1 ...
Tags: Oil Products, Petrochemicals
US natural gas prices will remain in the $4/MMBtu range this year while production growth in Appalachian shales will continue to be feverish, a consultant's new study and Barclays said Thursday. The energy consultants at Arlington, ...
Tags: Natural Gas, natural gas prices
PetroChina cut its ex-works offer for isomer-grade mixed xylenes in South China by Yuan 100/mt, or 1.2%, to Yuan 8,250/mt effective Tuesday, according to market sources. The revised price is equivalent to $1,109/mt on an import parity ...
Tags: PetroChina, mixed xylenes, xylenes
China's state-owned refiners are raising planned crude runs in April to average 82% capacity, up from 81% in March, Platts monthly survey showed Tuesday. The 23 refineries surveyed plan to process a combined 17.495 million mt (4.275 ...
Tags: Refiners, PetroChina
The proposed blending targets in the 2014 Renewable Fuel Standard will likely be revised higher, advocates for multiple industries said Monday. Proponents of the ethanol, biodiesel, advanced biofuels, petrochemicals and biotechnology ...
Tags: ethanol, biodiesel, biotechnology industries
Honeywell announced several senior leadership changes, reflecting further advancement of strong leaders throughout the Company, effective immediately. "Honeywell is in an enviable position to capitalize on the strength and experience of a ...
Tags: Textile
Indian refining and petrochemical giant Reliance Industries Ltd. Friday reported a 7.9% year-on-year decline in its gross refining margin for the January-March quarter, to $9.30/barrel. However, the company showed an increase of 22.3% ...
Tags: refining, petrochemical, refined products
The CIF Northwest Europe naphtha cargo physical premium over the balance-month and the front-month swaps fell Tuesday to respectively $2.25/mt and $13.75/mt, their lowest level in April, according to Platts data. On April 2, the physical ...
The U.S. Environmental Protection Agency has proposed a cleanup plan to address contaminated ground water and soil at the Mattiace Petrochemical Co., Inc. Superfund site in Glen Cove, New York. The ground water and soil are contaminated ...
Tags: Service, EPA, certification
Seepage of residual oil previously leaked from PetroChina Lanzhou Petrochemical Co.'s 10.5 million mt/year (210,000 b/d) integrated refinery and petrochemical complex into the water source for water works was behind the unusually high ...
Tags: residual oil, PetroChina, Petrochemical
The Catalysis Center for Energy Innovation (CCEI), a U.S. Department of Energy-Energy Frontier Research Center led by the University of Delaware, has announced a two-year program with ExxonMobil to research renewable chemicals from biomass. ...
Tags: Construction, Decoration, Chemicals
Permit will help achieve reductions in carbon pollution and cleaner sources of energy The U.S. Environmental Protection Agency (EPA) has issued a final greenhouse gas permit (GHG) to Equistar Chemicals, Corpus Christi, Texas. The permit ...
Tags: Metallurgy, Mineral, Energy, certification, Gas
With the aim of boosting petrochemical output and increasing employment, Iran is planning expansion of petrochemical projects in the western provinces of the country, said Mohammad Hassan Peyvandi, deputy executive manager of the National ...