The U.S. Chemical Processing Industry sees ups and downs in maintenance turnarounds from year to year. Recently, there has been an ebb and flow, with spending and activity peaking every other year. Nevertheless, maintenance activity has ...
Tags: Construction, Decoration
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
TPC Group was heard nominating its September US butadiene contract price at a rollover from August at 40 cents/lb ($882/mt), sources said Thursday. TPC Group was unavailable to confirm the nomination. Market expectations have been for a ...
Tags: TPC Group
Argentine polymer and synthetic rubber output fell 15.3% in July compared with the year-earlier period, the state statistics office Indec said Friday. Production of these petrochemicals also was down 23.3% compared with June, Indec said ...
Tags: Polymer Output, Chemicals
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 ...
South African-based Sasol and Switzerland-based Ineos will team up to produce high density polyethylene in the US, the companies said Wednesday, announcing plans for a joint venture which would include a 426,000 mt/year HDPE plant. "This ...
Shell Chemical nominated its August US butadiene contract price down 25 cents/lb ($551/mt) from July to 41 cents/lb ($904/mt), sources said Monday. Shell Chemical could not be reached immediately to confirm the nomination. Market ...
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
ExxonMobil Chemical and Total Petrochemicals are joining other polypropylene producers seeking 2-cent/lb ($44/mt) increases effective August 1, sources said Wednesday. "Everyone is going for two (cents/lb) on the (margin) expansion," a ...
Tags: Exxonmobil, PP
Phillips 66 will reduce delivery of polypropylene grades because of issues with feedstock supply, further squeezing an already tight market, sources said Tuesday. The company announced the measure late Monday in a letter to customers ...
The Northwest European July benzene contract price has been fully settled at Eur978/mt or $1,274/mt CIF ARA, according to negotiating parties. The settlement is down Eur67/mt ($79/mt) from the June contract price of Eur1,045/mt ($1,353/mt) ...
Ineos Olefins and Polymers seeks to increase its polypropylene prices in the US by 2 cents/pound ($44/metric ton) for July, joining other producers seeking to expand margins for the second time this year, market sources said Monday. The ...
Tags: Polypropylene, Chemicals
Argentina's production of polymer and synthetic rubber fell 14.7% in April compared with the year-earlier period but was 4.1% higher than March, the government statistics office, Indec, said Thursday. Production of these petrochemicals in ...
Tags: Polymer Output, Chemicals
The availability of spot butane at the French Mediterranean port of Lavera is tight due to petrochemicals and export demand, according to industry sources Tuesday. During the summer, surplus butane from refineries at Lavera is used as an ...
Tags: Spot Butane, Export Demand
The Northwest European styrene monomer benchmark has climber $137.50/mt or 8.9% from a year-to-date low of $1,537.50/mt on April 22 to $1,675/mt FOB ARA Tuesday, Platts data showed. The rally was due to a combination of increasing demand ...
Tags: NWE Styrene, styrene monomer