Innovation and integration resulting in greater feedstock flexibility have provided a significant competitive advantage for ExxonMobil’s chemical business, Steve Pryor, President of ExxonMobil Chemical Company, told attendees at the ...
Tags: ExxonMobil, Textile
Asian spot butadiene prices have slumped 18-20% in November under selling pressure as buyers retreated amid ample supply. Key benchmark CFR China has fallen $360/mt or 20% since October 31 to be assessed at $1,400/mt Thursday. The FOB ...
Tags: Spot Butadiene Prices, Chemicals
Petrochemical producers in Northwest Europe have started to reduce propane cracking rates due to a narrow CIF naphtha/CIF propane price spread, according to industry sources. When the price spread between CIF naphtha and cheaper CIF ...
Tags: Petrochemicals, Propane Cracking
The Polish company Grupa LOTOS S.A. has selected Axens to provide the technology license for a new Coker Naphtha Hydrotreater at its Gdansk refinery. This contract is part of the Gdansk refinery development and modernization program based ...
Tags: Grupa LOTOS S.A., Axens, technology, Coker Naphtha Hydrotreating
PTT Global Chemical revealed its operating performance in the third quarter of 2013, which showed increasing profits even againt the impact of three major events which had placed constraints on its operations, the incidents included an oil ...
Tags: PTT Global Chemical, Textile
Global demand for naphtha will expand faster than any other light products through 2020, spurred by rising needs of the petrochemical industry in Asia, as per the latest report by the Organization of Petroleum Exporting Countries (OPEC). ...
Tags: naphtha, light products
Burckhardt Compression has been awarded an order from JiangSu Sailboat Petrochemical Co., Ltd. to deliver two Hyper Compressors as Secondary Compressors and two Process Gas Compressors as Booster/Primary Compressors for their LDPE-EVA plant ...
Taiwan's Formosa Petrochemical Corp. is expected to continue using LPG as alternative feedstock at its steam crackers until after November when it will switch to fully using naphtha, an industry source said Friday. The plan comes as prices ...
Tags: Steam Cracker, Formosa
The production margins for styrene monomer in Asia have shrunk to its lowest level in over six months as SM prices have tumbled globally since early September, Platts data shows. The SM price in Asia fell $34.50/mt, or 2.1%, day on day ...
The Asia price spread between paraxylene and feedstock naphtha narrowed $16.12/mt day on day to $485.88/mt last Friday, nearing the lowest level seen in 2013, amid rising PX supply, Platts data showed Monday. The spread is at the second ...
Tags: Paraxylene, PX-Naphtha
BASF, working in cooperation with TÜV SÜD (a third-party certification body), has developed an innovative mass balance approach for the use of renewable feedstocks in the integrated production. The process is available immediately ...
Tags: BASF, Construction, Decoration, Coating
European polyethylene prices have fallen in the run-up to the K Fair international plastics and rubber trade fair in Dusseldorf, on the back of volatile upstream prices and robust supplies which kept buying hesitant, sources said. Low ...
Tags: Chemicals, polyethylene
Work on construction of a US$ 4.5 billion petrochemical complex in Vietnam, a joint venture of Qatar Petroleum International (QPI) and Thailand-based Siam Cement Group (SCG) and its Vietnamese partners - PetroVietnam (PVN) and Vinachem, is ...
Tags: Petrochem, Siam Cement Group
Mitsubishi Chemical Corporation is planning to soon restart its Kashima, Japan-based No. 2 naphtha cracker following maintenance turnaround. “The cracker is planned to be restarted on October 17, 2013,” a company official ...
Tags: Mitsubishi, Cracker
Bioplastics are emerging as viable alternatives to petroleum-based polymers. This quiet revolution goes well beyond the standard drivers for sustainably sourced and/or compostable materials. I attended the 2013 BioPlastek conference in San ...
Tags: Bioplastic Revolution