For the second quarter of 2014, Canada-based Nova Chemicals Corp, a producer of Olefins & Polyolefins, including ethylene, saw its profit slip to $167 million compared to profit of $201 million for the second quarter of 2013, down 16.91 ...
Tags: Nova Chemicals, Textile
Westlake Chemical Partners LP, a Westlake company, announced the commencement of its initial public offering of 11,250,000 common units representing limited partner interests in the Partnership, at an anticipated initial public offering ...
LyondellBasell Industries announced earnings from continuing operations for the second quarter 2014 of $2.22 diluted earnings per share, or $1.17 billion. Second quarter 2014 EBITDA was $1.94 billion. The increase from the first quarter ...
Tags: LyondellBasell, Q2 Ebitda, Textile
The Kavian petrochemical plant in Iran can quadruple its output and increase it to two million tons per annum after it receives sufficient feedstock from South Pars gas field, FARS News Agency reported quoting the Ministry of Petroleum. ...
WACKER POLYMERS is to raise its prices for vinyl acetate-ethylene and ethylene-vinyl chloride-based copolymer dispersions of the VINNAPAS and VINNOL brand in the regions Americas and Greater China. As customer contracts allow, effective ...
Tags: WACKER POLYMERS, Dispersions, Textile
The Dow Chemical Company will begin construction of its previously announced world-scale ethylene production facility, representing a prominent milestone in delivering on its strategy to invest in its performance-based portfolio of ...
Tags: Construction, Decoration, tawian, ethylene production
The spread between styrene monomer and its main feedstock benzene plunged to a near 19-month low of $193/mt last Friday as benzene prices surged while SM stayed weak amid a high inventory in China, said traders Monday. The last time the ...
Tags: Benzene, styrene monomer
European ethylene hit a 2014 high of Eur1,015/mt ($1375/mt) FD NWE Friday, up Eur45/mt on the week, Platts data showed, on the back of reduced availability and an increase in feedstock prices. Naphtha hit a 2014 high of $959/mt CIF NWE ...
Tags: Ethylene, Ethylene prices
European butyl acetate producers are again struggling to pass on feedstock increase this month and are having to accept declining margins, sources said this week. Butac is produced from iso-butanol, a propylene derivative, and acetic ...
Tags: Butyl Acetatem, propylene
European ethylene spot prices jumped Thursday following a fire earlier in the week at Shell's Moerdijk site in the Netherlands, sources said Friday, adding that they expect olefin supply from the steam cracker at the site to be affected. ...
Tags: Ethylene, Prompt ethylene
European spot steam cracker margins hit a near month high of Eur72/mt ($98/mt) Wednesday on the back of an increase in ethylene. Ethylene spot prices Wednesday reached their highest point since the end of February at Eur942.50/mt FD NWE, ...
The Linde Group and BASF SE intended to cooperate in developing and licensing processes for the on-purpose production of linear butenes and butadiene. BASF has developed process technology and catalysts as well as the extraction ...
Northwest European spot styrene values rallied $45/mt or 3% Wednesday morning in reaction to the fire that broke out at Ellba's styrene monomer/propylene oxide plant at Moerdijk, the Netherlands. Styrene end-users and consumers stepped ...
Tags: spot styrene, specific material
China's state-owned Sinopec said Wednesday it has signed a pact with Kuwait Petroleum Co to enhance cooperation in the oil sector, including refining. Sinopec, or China Petrochemical Corp., said the deal was signed Tuesday in Beijing in ...
Tags: Oil, Refining, Metallurgy, Mineral, Energy
North America-based petrochemical companies are likely to enjoy a competitive advantage over their rivals based elsewhere for the next several years as a result of the US shale gas revolution, which provides both inexpensive feedstocks and ...