Dow Chemical said it will reconfigure and reduce its equity base in the MEGlobal and Greater Equate joint ventures, including Kuwait Olefins Company (TKOC) and Kuwait Styrene Company (TKSC). This reduction, Dow said, will be done through ...
Tags: petrochemical products, Qurain Petrochemical Industries, Textile
Driven by sales from Vinnolit, which it acquired in July 2014 and higher sales prices, revenue at Westlake Chemical surged 24.8% year-on-year in the third quarter ending September 30, 2014. Third-quarter of 2014 turnover climbed to ...
Tags: Westlake Chemical, Vinnolit, Textile
NYSE-listed Westlake Chemical Corp said it will invest more than $330 million to expand ethylene capacity and make other capital improvements at its Lake Charles facility in Louisiana. Once the expansion, which is expected to be completed ...
Tags: Westlake Chemical, Capacity, Textile
The global emulsion polymer market is expected to reach $44.22 billion by 2020, according to a new study by Grand View Research Inc. Growth of major end use industries such as paints & coatings and adhesives coupled with regulatory support ...
Tags: Global, Emulsion Polymer, Construction
The exports of petrochemical products from Iran earned US$ 838 million in the first four months of the current Iranian calendar year that began on March 21, 2014, according to an IRNA report. During the four-month period, Iran ...
Tags: Exports, US$838 Million, Textile
Ilapak has introduced a new automated feeding and trayless flowrapping system for apples, which will allow packhouses to reduce packing costs and improve efficiency. The new system has been designed by using firm's Carrera 1000/40 ...
Tags: Flowrapping System, Ilapak
Americas Styrenics will increase the transaction price for all grades of polystyrene by 7 cents/lb ($154/mt), effective July 1, according to a letter sent to customers Monday and obtained by Platts. Americas Styrenics' increase follows ...
Tags: polystyrene, Americas Styrenics
European styrene production margins, which appeared to be rising after an explosion June 3 during maintenance at Shell-BASF's Ellba joint venture in Moerdijk, the Netherlands, are falling again, Platts data shows. Styrene's premium over ...
Tags: Styrene, styrene production
The spread between styrene monomer and its main feedstock benzene plunged to a near 19-month low of $193/mt last Friday as benzene prices surged while SM stayed weak amid a high inventory in China, said traders Monday. The last time the ...
Tags: Benzene, styrene monomer
The arbitrage window for Asian benzene cargoes headed to the US Gulf Coast is open again after remaining shut for almost three weeks, according to Platts data. Based on the latest assessments, the FOB US Gulf-FOB Korea spread at $74.89/mt ...
Tags: Benzene, export demand
European ethylene spot prices jumped Thursday following a fire earlier in the week at Shell's Moerdijk site in the Netherlands, sources said Friday, adding that they expect olefin supply from the steam cracker at the site to be affected. ...
Tags: Ethylene, Prompt ethylene
The U.S. Environmental Protection Agency (EPA) is announcing safer alternatives to the flame retardants now used in consumer and commercial products, including building insulation and products with flexible polyurethane foam. "EPA's ...
Tags: EPA, Certification, Service
The Asian price spread between styrene monomer and its main feedstock benzene widened by $7.50/mt to $250/mt early Thursday afternoon following an SM plant outage in Europe, but high stocks in China were expected to limit the widening of ...
Tags: Chemicals, Metallurgy, Mineral, Energy
Northwest European spot styrene values rallied $45/mt or 3% Wednesday morning in reaction to the fire that broke out at Ellba's styrene monomer/propylene oxide plant at Moerdijk, the Netherlands. Styrene end-users and consumers stepped ...
Tags: spot styrene, specific material
China Petroleum and Chemical Corp., or Sinopec, has raised its ex-works butadiene price across China by Yuan 200-300/mt to Yuan 9,000/mt, or $1,209/mt on an import parity basis, traders said Tuesday. Sinopec last Friday raised its ...