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
Japan's ethylene production in November edged up 3.4% from October to 598,700 mt, and jumped 10.8% year on year, the Ministry of Economy, Trade and Industry said late Wednesday. The ministry also announced that Japan's exports of ethylene ...
Tags: Ethylene Output, Chemicals
Japan's ethylene production in November edged up 3.4% from October to 598,700 mt, and jumped 10.8% year on year, the Ministry of Economy, Trade and Industry said late Wednesday. The ministry also announced that Japan's exports of ethylene ...
Tags: Japan, Ethylene, Output Rises
Entergy Gulf States Louisiana, L.L.C. signed a six-year commercial and contractual agreement with Sasol North America, Inc., a wholly-owned subsidiary of Sasol Limited, to supply up to 200 megawatts of electric power to Sasol's proposed ...
Tags: Petrochemical News, Entergy Gulf, Louisiana, Westlak
Mitsubishi Heavy Industries Compressor Corporation (MCO), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), will establish MHI Compressor Manufacturing, LLC in Pearland, Texas (part of greater metropolitan Houston), by the end of ...
Tags: MCO, petrochemical, plant, MHI
Recently, Mr. Sepahdar Ansari Nik, the managing director of Jam petrochemical complex, presented a comprehensive activity report of the first six months of the year 2013. Having compared Jam petrochemical complex performance in production ...
Tags: Ethylene, Jam Petrochemical
Mitsubishi Chemical Corporation is planning to soon restart its Kashima, Japan-based No. 2 naphtha cracker following maintenance turnaround. “The cracker is planned to be restarted on October 17, 2013,” a company official ...
Tags: Mitsubishi, Cracker
Mitsui Chemicals had shut a naphtha cracker located in Osaka, Japan for maintenance turnaround on September 19, 2013, and the plant is likely to restart operations in the beginning of October 2013. “The naphtha cracker has ...
Tags: Mitsui Chemicals, naphtha cracker
Chevron Phillips Chemical has declared a force majeure for its polyethylene products, according to a letter to customers Tuesday that was obtained by Platts. The company said in the letter that the move was caused by a "contingency event" ...
Tags: Chevron Phillips, Polyethylene
The global supply of ethylene and its derivatives is expected to remain in excess and “from 2014 the excess supply is likely to reach 5 million tons or more, due to the increases in excess supply in the Middle East as well as the ...
Tags: Global Ethylene, Textile
Aiming to expand presence in the petrochemical space, Indonesia’s biggest polyethylene producer, PT Titan Kimia Nusantara Tbk plans to construct a naphtha cracker complex near its industrial plant in Merak, Banten. Johanes Bambang ...
Netherlands-based petrochemicals company LyondellBassell expects to eliminate imported naphtha from its US feedstock mix within the next few years, a company executive said Wednesday. Speaking at the IHS CERAWeek conference in ...
Westlake Chemical Corporation reported net income for the three months ended December 31, 2012 of $95.3 million, or $1.42 per diluted share, compared to net income of $26.4 million, or $0.40 per diluted share, reported for the fourth ...
Japan based Showa Denko has reduced operating rates at its Naphtha Cracker plant. An official of Showa Denko informed fibre2fashion, “The plant is currently operating at 90% production capacity rate”. He further said, ...
Tags: Japan, Showa Denko, Naphtha Cracker plant
Western European production of ethylene, propylene and butadiene in the fourth quarter of 2012 was down from the same period of 2011, according to the Association of Petrochemical Producers in Europe this week. Ethylene production in the ...
Tags: West European, Olefin Volumes, APPE, Chemicals