The Northwest European April benzene contract price has been fully settled at Eur1,019/mt or $1,402/mt CIF ARA, market sources said Tuesday. The settlement represents an increase of Eur16/mt and $32/mt from the March contract price of ...
Tags: benzene, spot prices
Russia's Gazprom Neftekhim Salavat has launched a new pyrolisis furnace at its Monomer petrochemical plant in Bashkortostan, in the Urals region of Russia, and expects its ethylene and propylene output this year will increase by around 13%, ...
Tags: ethylene output, ethylene
Total Petrochemicals and IFP Energies Nouvelles (IFPEN) have launched via Atol, a joint partnership, technology to produce bio-ethylene via the dehydration of renewable ethanol, the companies announced Wednesday. The technology will ...
The March US butadiene contract price Friday settled up 8-13 cents/lb ($176-$287/mt) from February at a 68-78 cents/lb ($1,499-$1,720/mt) split settlement, sources said. LyondellBasell, Shell Chemicals and TPC Group settled up 8 cents/lb ...
Shell Chemicals nominated its March US butadiene contract price up 8 cents/lb ($176/mt) from February to 68 cents/lb ($1,499/mt), sources said Thursday. Shell officials could not be reached immediately for confirmation. TPC Group also ...
BASF increased sales and earnings in 2013 compared with the previous year. “2013 was again a demanding year, with a lot of headwind for our industry. Nevertheless, we achieved our goal: We sold more, worked more closely together with ...
Tags: BASF, Construction Coating
Russia's exports of synthetic rubber rose 8.3% year-on-year to 943,500 mt in 2013, according to the country's Federal Customs Service's (FCS) data released Friday. The FCS did not give details of export volumes for each month. But last ...
Tags: Rubber Exports, synthetic rubber
Styrene monomer prices nosedived $40/mt or 2.4% Monday to $1,594.50/mt FOB Korea and $1,621.50/mt CFR China, compared to last Friday, as the Chinese market returned from the Lunar New Year holidays amid a build-up in inventory levels and ...
In the recently published study, the market research institute Ceresana comprehensively analyzes and describes the development of the global market for styrene. Styrene is an important product in the petrochemical industry and used to ...
US spot benzene market values could be facing a sharp decline during the first quarter due to a combination of upcoming derivative styrene turnarounds and shipments from Asia, market sources said Wednesday. The US benzene market saw a ...
Tags: Benzene, Benzene Prices, US Benzene
As part of a working visit to Armenia Rosneft President Igor Sechin met with the President of the Republic of Armenia, Serzh Sargsyan. A number of documents, pointed at extending cooperation with the republic, were signed in presence of the ...
Americas Styrenics LLC will raise its polystyrene pricing 3 cents/lb ($66.14/mt) January 1, according to a letter the company sent to customers Tuesday and Platts obtained Thursday. Higher feedstock styrene pricing has caused the push for ...
The flexible packaging market is estimated to be worth $351bn by 2018, meaning that it is rapidly gaining market share from other sectors such as traditional rigid packaging. There have been many exciting new product developments which ...
The way in which consumers view and interact with packaged products is changing. With a growing focus on convenience and sustainability, traditional pack types are being replaced by innovative and flexible options designed to meet these ...
The Munich-based WACKER Group has developed a new dispersion based on vinyl acetate-ethylene copolymers (VAE) especially for the European carpet market. With VINNAPAS CA 55 as a binder, it is possible to formulate both precoats and ...