Asian solvent-grade mixed xylenes prices surged $22/mt week on week to a 53-month high of $1,260/mt CFR China Friday on firm demand and low inventory in China over the past three weeks, according to Platts data. The last time the marker ...
Tags: mixed xylenes prices, solvent-grade mixed xylenes, fuel consumption, CFR
Williams Energy will apply in early 2013 to Alberta's Energy Resources Conservation Board to build a natural gas liquids and olefins processing facilities in the province, even as it aims to add a new petrochemical value chain, the ...
The production of ethylene and propylene has been fully resumed at Stavrolen petrochemical complex (a LUKOIL subsidiary) in Budennovsk. Both these substances were then forwarded to units producing polyethylene and polypropylene. Thus, ...
Tags: ethylene production, propylene production, ethylene, propylene
Two new purified terephthalic acid (PTA) plants have become operational in China, which has led to a rise in demand and consequently an increase in imports of paraxylene (PX) in September 2012. A new plant with capacity to produce 1.5 ...
Tags: PX imports, purified terephthalic acid, paraxylene, PX
Chevron Phillips Chemical Company LLC (Chevron Phillips Chemical) congratulates Saudi Polymers Company (SPCo) and its joint venture partner, National Petrochemical Company (Petrochem), as the joint venture’s manufacturing facility ...
The US Gulf Coast non-LST purity ethane assessment has fallen to its lowest level since August 2002, according to Platts data, a move attributed to increasing supplies form shale gas plays across the US. Ethane has fallen 68% on the ...
Tags: ethane, purity ethane, shale gas
The first barrel of ethane from the Bakken field will go to Nova Chemicals' Joffre, Alberta facility to be value added and converted into polyethylene next year, which explains why CEO Randy Woelfel described himself at an industry event in ...
Tags: Shale gas, Petchems, petrochemicals
Oil and Natural Gas Corporation (ONGC) and GAIL (India) are much interested in acquiring a stake in the Kochi petrochemical project. The Rs. 50 billion project is being jointly implemented by Bharat Petroleum Corporation Limited (BPCL) ...
Tags: petrochem project, Petrotech Conference, petrochemical complex, refinery
On the back of disinterest shown by entrepreneurs to invest in Petroleum, Chemicals and Petrochemicals Investment Regions (PCPIRs) set up across India; the Indian government will cast a fresh look at the inverted duty structure prevalent ...
Tags: petrochemicals, Petroleum, Chemicals, duty structure
JGC Corporation announced that its wholly-owned Saudi Arabian subsidiary, JGC Gulf International Co. Ltd. has been awarded a contract for expansion of ethylene manufacturing facilities for the Rabigh phase II project. The contract was ...
Tags: ethylene, ethylene manufacturing facilities, petrochemicals
PTT Global Chemical Limited, Thailand's largest and Asia’s leading integrated petrochemical company, has announced that its mono ethylene glycol (MEG) plant at Map Ta Phut in Mueang Rayong District would commence operations next ...
Tags: petrochemical company, mono ethylene glycol, polyester fabrics
Saudi Aramco is "diligently" exploring shale gas reserves in Saudi Arabia, however uncertainty reigns over whether such reserves could be tapped by petrochemical companies, top officials from the country's petrochemicals industry said ...
Banking on capacity enhancement and soaring prices of petrochemical products, Thailand’s fourth largest petrochemical company, IRPC PCL foresees a rise in its turnover in 2013. The company enhanced its production capacity of ...
Tags: petrochemical products, petrochemical company, propylene
Noting that Iran is eagerly trying to develop its petrochemical industry, the National Petrochemical Company (NPC) Managing Director Abdolhossein Bayat said the country's petrochemical exports for first seven months of the current fiscal ...
Tags: Textile, petrochemical industry
Hengli Petrochemical Industrial Park, which mainly engages in the production of purified terephthalic acid (PTA), used extensively in the production of textiles, has begun operations at its plant in Dalian located in Northeast China’s ...