Europe is likely to remain a net importer of caustic soda as capacity is threatened by the EU's 2017 deadline to make the costly switch to greener technology, Michael Trager, CEO of German PVC producer Vestolit, said this week. "In the ...
Tags: Caustic Soda, chlorine
Ethylene spot prices in Northwest Europe increased marginally week on week to Eur885/mt ($1,214/mt) FD NWE Friday on the back of a fall in steam cracker utilization rates, which helped managed the oversupply in ethylene, sources said. ...
Tags: Ethylene, Utilization Rates
German PVC producer Vestolit expects European polyvinyl chloride (PVC) demand to grow at a pace of 2-3% a year, following years of contraction, amid a revival in the construction sector, company CEO Michael Trager said Monday. Over 60% of ...
Tags: PVC Demand, economic crisis
Prices for large cargoes of butane in Northwest Europe fell Tuesday to the lowest level in a year on low demand and ample supplies. Platts assessed the price of a 4,000 mt CIF refrigerated cargo of mixed butane loading 10-25 days forward ...
Tags: Butane, mixed butane
Ultra low sulfur diesel premiums in the northwest European CIF cargo market fell to $11.25/mt above May 0.1% ICE gasoil Futures Friday, their lowest since January 28 according to Platts data, after a sharp $3/mt fall in the cash premium ...
Tags: Diesel Cargo, low sulfur diesel
Molybdenum oxide and European ferromolybdenum soared higher Thursday as sources said the market was being driven by extreme tightness for oxide powder. The Platts daily dealer molybdenum oxide assessment climbed to $13.70-14.20/lb on ...
Tags: Molybdenum oxide, ferromolybdenum
Styrolution has nominated an increase of Eur30/mt ($42/mt) for its polystyrene contracts in May, the company said on its website Tuesday. The premium of its high impact polystyrene grade over general purpose grade was unchanged Eur105/mt. ...
Tags: Polystyrene, Styrolution
Enterprise Products Partners offered more details on its Texas Gulf Coast ethane export terminal during a first-quarter earnings call Thursday. Enterprise, which has hinted at an ethane terminal project for over six months, announced ...
Tags: Chemicals
Vivergo, the UK's largest ethanol producer by capacity, said Wednesday that profitability at its 420,000 cubic meter/year (111 million gallon/year) plant at Hull in northeast England has been "adversely affected" by the lowest spot prices ...
Refining margins for sweet crudes are out-performing margins for sour crudes like Urals in Northwest Europe, Platts data shows, as lighter refined products have surged while heavier products have dropped. While cracking margins -- which ...
Tags: Sweet Crude, Gasoline
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 near-term supply shortage of ultra low sulfur diesel in Northwest Europe has forced up the forward curve backwardation to an 11-month high, and prompted the barges and cargo swaps to trade at the narrowest spread since October 2013, ...
Tags: NWE Diesel, ULSD cargoes
The Mediterranean high sulfur fuel oil market has moved to its widest discount to Northwest Europe in four months amid ample supply, traders said. Mediterranean FOB HSFO cargoes were assessed by Platts on Thursday at a $12/mt discount to ...
Tags: Fuel Oil, High Sulfur Oil
Traders are looking to send about 4,000 mt of Mexico-origin ethylene to Asia for mid-April loading to take advantage of higher prices than in the weak European market, sources said Thursday. But they said the possibility of such a trade ...
Tags: ethylene, European market
The North Sea spot butane market has been inactive due to a combination of thin demand and limited availability, according to industry sources. North Sea butane is used in Northwest Europe either by the gasoline related sector in the ...
Tags: Butane Market, butane, mixed butane