US spot toluene was assessed 8 cents ($24.32/mt) lower Monday compared with Friday's mark at a nearly seven-month low of $4.07/gal ($1,237.28/mt) FOB US Gulf Coast due to weak demand and excess supplies, sources said. The last time spot ...
Tags: toluene, benzene, mixed xylene
Wison Engineering Services Co. Ltd. China's largest private chemical EPC contractor announced that Wison Engineering Ltd, an indirect non-wholly owned subsidiary of the Company, has successfully completed the delivery of six projects of the ...
Uncertainty over feedstock prices is putting a block on upward momentum in the European polyethylene terephthalate market, market sources said. Prices have been marching upwards recently as producers pushed through higher feedstock prices ...
The March US mixed xylene contract price settled at $4.40/gal ($1,333/mt) Tuesday, 6 cents ($18.18/mt) lower than February's mark, trading sources said. Sources expected the contract price to settle lower after a decline in spot MX ...
The US Gulf Coast-Asia arbitrage for isomer-grade mixed xylenes on paper does not appear to be re-opening any time soon, as arbitrage economics continued narrowing, plunging to a five-month low Tuesday, Platts data showed. "The US-Asia ...
Tags: Asia arbitrage, Chemicals, USGC
Asia's paraxylene market extended falls Monday morning, with the CFR Taiwan/China PX price benchmark declining quickly to under the psychological $1,600/mt mark for the first time in three months under heavy sell pressure, market sources ...
Tags: paraxylene market, paraxylene, PX Market
US polyethylene terephthalate contracts settled 2.75-3 cents/lb higher for February, multiple sources said Friday. February PET contracts were assessed at 87.75-88.75 cents/lb US railcar ($1,935-1,957/mt), a 3 cents/lb increase over ...
US spot paraxylene fell $15/mt Tuesday to nearly a one-month low assessment of $1,595/mt FOB US Gulf Coast tracking weaker Asian levels. US spot PX was last seen at this level on January 28, when the assessment was at $1,595/mt FOB USG. ...
Tags: PX prices, paraxylene, PX
South Korea's S-Oil nominated its paraxylene Asia Contract Price for March at $1,750/mt, up $65/mt from its February settlement, sources close to the negotiations said Monday. There are four ACP sellers in Asia -- ExxonMobil, Idemitsu ...
Tags: South Korea, S-Oil, oil
DAK Americas and Nan Ya Plastics intend to raise polyethylene terephthalate prices for March by 2 cents/lb, according to a pair of letters obtained Tuesday by Platts. Both companies cited higher raw materials costs as the reason for the ...
Tags: polyethylene terephthalate prices, PTA, PET
Japan based JX Nippon Oil and Energy Corp which has undertaken a maintenance turnaround at its paraxylene (PX) facility will restart the plant in March. A company spokesperson informed fibre2fashion that the PX plant which was ...
Xylene splitter, a xylene separation tower used to produce aromatics, has been installed by the Jurong Aromatic Corporation (JAC) in Jurong Island, the petro chemical hub of Singapore. The xylene splitter was installed by the company ...
Dragon Aromatics' startup of its 800,000 mt/year paraxylene plant in China's Fujian province may not proceed as planned in March due to regulatory scrutiny about changes to its feedstock mix, some market sources said Tuesday. China's ...
New paraxylene capacity of 2.6 million mt/year and benzene capacity of 820,000 mt/year will be built in Saudi Arabia over the next four years by Saudi Aramco, a source close to the state company said Tuesday. These aromatics capacities ...
Tags: Saudi Aramco, Benzene, paraxylene
The four paraxylene Asia Contract Price-based sellers, ExxonMobil, Idemitsu Kosan, JX Nippon Oil and Energy and S-Oil, who typically lower their nominations to meet bid levels have not done so for the February ACP as spot prices have ...
Tags: paraxylene, ExxonMobil, Idemitsu Kosan, JX Nippon Oil, Energy and S-Oil