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
Austria's Borealis has acquired Netherlands-based DEXPlastomers from ExxonMobil Chemical Company and Royal DSM, the Austrian petrochemical company said in a statement issued Monday. No financial details were given. DEXPlastomers, founded ...
Tags: Borealis, petrochemical, polyethylene
The average price of butadiene in February rose 14% month on month to $2,007.50/mt FOB Korea amid tight availability and new downstream plants coming online. The first of about four butadiene rubber plants starting up in 2013 was ...
Tags: butadiene, butadiene price, butadiene market
Maruzen Petrochemical is undertaking maintenance turnaround at its two MEG plants in March and May 2013, respectively. A Maruzen official told fibre2fashion, “The MEG plant in Yokkaichi will undergo turnaround on March 22 and will ...
Tags: Maruzen Petrochemical, MEG plants, 2013
Eastman Chemical Company (NYSE:EMN) was recently recognized by a number of leading industry, business and trade publications for its outstanding financial performance. The most recent recognition is the company’s ranking on the ...
Tags: Eastman, financial performance, Bloomberg Businessweek Top 50
Spot prices for barge lots of butane loading in the Amsterdam-Rotterdam-Antwerp area have gained support from petrochemical demand, according to industry sources. Surplus butane from ARA refineries can be absorbed into the MTBE, gasoline ...
Tags: ARA Butane, Petrochemical Demand, Chemicals
US propane and propylene stocks dropped 3.22 million barrels to 47.85 million barrels in the reporting week that ended Friday, the Energy Information Administration said Wednesday Midwest supplies fell 926,000 barrels to 13.52 million ...
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
Taiwan based China Petrochemical Development Corp. (CPDC) has scheduled a maintenance turnaround of its caprolactam (CPL) lines towards the end of April 2013. “Two CPL lines in the Tou-Fen plant are scheduled for a maintenance ...
Tags: CPDC, Tou Fen CPL plant, CPL plant
SABIC is all set to add new Bimodal high density polyethylene (HDPE) grades to its portfolio, targeted primarily for the producers of blow molded bottles for household and industrial chemicals and for personal care. The Saudi Arabian ...
Tags: bottles, jerry cans, SABIC
ProMinent is presenting its recently developed process pump Zentriplex which features a completely new construction offering the following key benefits and advantages: ultra-compact dimensions, low weight and energy efficiency - a process ...
Tags: process pump, Zentriplex, ProMinent
Asian butadiene prices hit a more than six month high Monday on tight availability amid the startup of new synthetic rubber plants in China and higher naphtha feedstock costs. Butadiene prices surged 44% from a 2012 low of $1,455/mt FOB ...
Tags: butadiene prices, synthetic rubber, Asian naphtha prices
Tosoh Corporation is pleased to announce its consolidated results for the first nine months of its 2013 fiscal year. The company’s consolidated net sales for the period ended December 31, 2012, amounted to ¥474.4 billion (US$5.9 ...
Tags: Tosoh Corporation, 2013, fiscal year
Korea based Tongsuh Petrochemical is likely to start a new Acrylonitrile (ACN) line very soon at Ulsan. “The start-up of the new line is completely based on the ACN market. Due to poor market conditions, the company has not yet ...
Tags: Tongsuh Petrochemical, ACN line, Ulsan
Radio Lifeline, a non-profit based in the US, has launched the Black Earth Project, a new initiative designed to help Kenyan farmers mitigate the growing impact of climate change. For this project, Radio Lifeline has partnered with ...