Driven by sales from Vinnolit, which it acquired in July 2014 and higher sales prices, revenue at Westlake Chemical surged 24.8% year-on-year in the third quarter ending September 30, 2014. Third-quarter of 2014 turnover climbed to ...
Tags: Westlake Chemical, Vinnolit, Textile
Shell Chemical has begun taking bids to secure ethane from Marcellus Shale operators for its proposed world-class petrochemical plant in Beaver County, Pennsylvania, the company said Tuesday. Shell is accepting bids for feedstock from ...
Tags: Shell Chemical, Ethane Feedstock
The development of a grassroots LNG industry in western Canada's British Columbia will be a key factor in companies finalizing plans to invest in new petrochemical ventures in neighboring Alberta, industry officials and producers said late ...
Tags: Canada, LNG Projects, Chemicals
Non-LST ethane Wednesday morning traded at 30.75 cents/gal, the highest level since November 6 and 29.5% stronger since the beginning of the year, Platts data showed. Market participants attributed the rise to stronger propane and natural ...
Petrochemical producers are expected to increase investments in Alberta in the coming few years, with the prospects of additional feedstock becoming available and current market conditions favoring NGL and ethane extraction costs, a key ...
Tags: petrochemical, petrochemical spending, NGL, ethane
An official figure in the Iranian National Petrochemical Company said that world's largest ethylene producer has been launched in Asalouyeh.Official added that the West Ethylene Pipeline will begin operation. Mr Reza Amiri directing ...
Tags: Iranian National Petrochemical Company, Asalouyeh, ethylene, pipeline
Middle Eastern petrochemical producers will continue to enjoy considerable cost advantage compared with their counterparts in Southeast Asia even as a scarcity of gas forces them to shift to other feedstocks, Jaap Kalkman, a partner at ...
Tags: ME petchem, petrochemical, gas prices
Technip was awarded by The Dow Chemical Company the front-end engineering and design (FEED) contract and cracking furnaces engineering and procurement services for a previously announced new large world-scale ethylene production plant to be ...
Tags: ethylene plant, cracking furnaces engineering, ethylene production
INEOS Europe AG has announced that it has completed supply and infrastructure agreements that will secure a significant volume of ethane feedstock from the US, for use in its European cracker complexes. The company has agreed to a long ...
Westlake Chemical Corporation reported net income for the three months ended September 30, 2012 of $87.0 million, or $1.30 per diluted share, on sales of $821.2 million. This represents an increase in net income of $19.1 million from the ...
Tags: Westlake Chemical Corporation, net income, debt refinancing costs