US steam cracker margins climbed last week on higher spot prices and chemical plant outages. The US ethylene spot price jumped 6 cents on the week and was assessed Friday at 60-60.50 cents/lb FD USG, as olefins producer Williams ...
Tags: steam cracker, US, chemical plant outages, steam supply
The Government of Indonesia wants the country to become net exporter of petrochemical goods by 2016 from its current status of net importer, and hence it is developing two new upstream petrochemical centres. Muara Enim in South ...
Tags: petrochemicals, petrochemical goods, petrochemical centres
It was assessed by SunSirs that in the tracked 100 spot commodities,33 commodities increased in prices, 22 fell and 44 remained unchanged on 17/12/2012.The largest rises were SBR (3.36%),Iron ore (2.61%),Adipic acid (2.27%),while the ...
Tags: SBR, Iron ore, Adipic acid, Dysprosium oxide, Acrylic acid, Polysilicon
In September 2012, the total value added of the industrial enterprises above designated size was up 9.2 percent year-on-year (the following growth rates of value added are real growth rates, after deducting price factors), 0.3 percentage ...
Tags: industrial enterprises, year-on-year growth, automobile industry
In the first three quarters of 2012, faced with the complicated and volatile economic environment at home and abroad, the CPC Central Committee and the State Council committed to the general tone of progressing steadily, correctly handled ...
Braskem Idesa has announced the successful signing of key documents for securing US$ 3.2 billion financing for developing the Ethylene XXI project, a petrochemical complex for the production of ethylene and polyethylene in the state of ...
Tags: Braskem Idesa, Ethylene Plant, Textile
Tehran Times reported that ethylene was injected into the West Ethylene Pipeline in Assaluyeh Port in Bushehr Province on December 17th Monday. Mr Mohammad Reza Rahimi an engineering manager of the pipeline said that the injection had ...
Tags: ethylene, West Ethylene Pipeline, Economic Energy, energy
In October 2012, the total value added of the industrial enterprises above designated size was up by 9.6 percent year-on-year (the following growth rates of value added are real growth rates, i.e., deducting price factors), increased 0.4 ...
Tags: Industrial Production Operation, Service, National Bureau
Petrochemical producers are expected to increase investments in Alberta in the coming few years, with the prospects of additional feedstock becoming available and current market conditions favoring NGL and ethane extraction costs, a key ...
Tags: petrochemical, petrochemical spending, NGL, ethane
An official figure in the Iranian National Petrochemical Company said that world's largest ethylene producer has been launched in Asalouyeh.Official added that the West Ethylene Pipeline will begin operation. Mr Reza Amiri directing ...
Tags: Iranian National Petrochemical Company, Asalouyeh, ethylene, pipeline
Westlake Chemical Corporation announced it is converting the feedstock for its Calvert City, Kentucky ethylene plant from propane to ethane along with increasing ethylene capacity from 450 million pounds per year to 630 million pounds per ...
Tags: Westlake Chemical Corporation, feedstock, Calvert City, ethylene capacity
Japanese petrochemical majors are scouting overseas countries to set up petrochemical plants either on the own or in joint ventures. Big petrochemical companies like Sumitomo, Asahi Kasei, Mitsui & Co, Mitsubishi Chemicals and Ube ...
Asian aromatics hit all-time highs this week on shrinking supplies and rising feedstock costs. Toluene and styrene monomer spot prices set new records Wednesday, assessed at $1,388.50/mt FOB Korea and $1,674/mt FOB Korea respectively while ...
Tags: Asian Aromatics, Chemicals, Tight Supply, Speculation
The officials in the eastern Chinese city of Ningbo have halted the planned expansion of paraxylene (PX) production plant, owned by China Petroleum & Chemical Corp., known as Sinopec Group, after protests over the weekend. The ...
Tags: Sinopec, expansion of paraxylene, protests
It was assessed by SunSirs that in the tracked 100 spot commodities,27 commodities increased in prices, 17 fell and 55 remained unchanged on 14/12/2012.The largest rises were BR (1.32%),SBR (1.13%),Urea (0.87%),while the largest falls were ...
Tags: Commodities Price, Chemicals, Price Chart