US spot ethylene was hovering at three-month low levels Friday, trading midday as low as 51.50 cents/lb MtB Williams pipe for September delivery on the back of what market sources said was improved availability. Recent unplanned ...
LyondellBasell announced that it has entered into a new contract with CEO James L. Gallogly and taken other steps to ensure continued strong leadership and executive continuity at the company. "The company has been transformed in recent ...
Tags: LyondellBasell, Textile
Equistar Chemicals has obtained a patent for an adhesive composition comprised of (a) 2% to 30% weight of a modified polyolefin comprised of a polymer grafted with carboxylic acids, carboxylic acid anhydrides or derivatives thereof, the ...
Tags: Chemicals
A combination of planned and unplanned outages sent ethylene spot prices to a 2013 high of Eur1,180-1,185/mt ($1,560-1,5667/mt) FD NWE Friday, soaring by Eur98/mt on the week. Volatility of feedstocks added to upward pressure on spot ...
Tags: Ethylene, Spot Prices
On June 1, 2013, the University of Kaiserslautern (TU) established a new junior professorship "Process Development and Raw Material Change." Together with two other junior professorships, it belongs to the Chair of Thermodynamics under the ...
Tags: Textile, Raw Materials
The University of Kaiserslautern (TU) established a new junior professorship "Process Development and Raw Material Change." Together with two other junior professorships, it belongs to the Chair of Thermodynamics under the supervision of ...
Tags: Construction, Decorationc
Ravi Sethi of ProcurianRaw material costs as a percentage of plastic packaging costs have been on a steady rise due to the long-term appreciation in crude oil prices, a key ingredient for resins. Crude oil prices have increased five-fold ...
Chevron Phillips Chemical Company LP announced it received air permits from the Texas Commission on Environmental Quality (TCEQ) for its planned ethane cracker and polyethylene units. Additionally, Chevron Phillips Chemical received a ...
Tags: Chevron, Petrochemical Project
Specialty chemicals producer Clariant and Tasnee & Sahara Olefins have signed an agreement to establish a masterbatches joint venture (JV) in Saudi Arabia. Tasnee will acquire a 40% stake in Clariant's masterbatches operations in the ...
Tags: joint venture, Clariant
Canada's Methanex is "making solid progress" on its plans to increase its global methanol production capacity by up to 1 million mt/year by the end of this year, CEO John Floren said in a statement late Wednesday. In New Zealand, the ...
Tags: Methanex, Methanol Capacity
In the second quarter of 2013, we generated a profit of $201 million compared to profit of $186 million for the second quarter of 2012. The increase was primarily due to lower finance costs in the second quarter of 2013. For the six ...
Tags: Profits, NOVA Chemicals
INEOS Olefins and Polymers USA (INEOS) and Sasol announced the signing of a Memorandum of Understanding (MOU) with the intent to form a joint venture to manufacture high-density polyethylene (HDPE). “This joint venture demonstrates ...
Tags: Polyethylene Plant, INEOS
Wilmar International Limited, one of Asia's leading agribusinesses, and Elevance Renewable Sciences, Inc., a high-growth specialty chemicals company, have begun shipping commercial products, including novel specialty chemicals, to ...
Tags: Construction, Decoration
INEOS Technologies announced that it has been chosen to provide the Innovene PP process to Oriental Energy Company Limited based in Nanjing for its subsidiary, Ningbo Fuji Petrochemical Company Limited. The unit, to be built in Ningbo, ...
Tags: PP Technology, Textile
According to a new market report "Petrochemicals Market by Product (Ethylene, Propylene, Butadiene, Benzene, Xylene, Toluene, Vinyls, Styrene and Methanol) -Global and China Industry Analysis, Size, Share, Growth, Trends and Forecast, 2012 ...
Tags: Petrochemical Market, Textile