Demand for solvent-grade mixed xylene has come to a near standstill this week as the product shares the same code for imports as mixed aromatics, which is expected to have a consumption tax imposed some time between May 1 and July 1, market ...
Tags: mixed xylene, mixed aromatics
Tesoro Corporation announced plans to produce petrochemical feedstock in its U.S. West Coast refining system. The Company intends to gather intermediate feedstock, primarily reformate, from its West Coast refining system for xylene ...
US spot mixed xylene was assessed at $3.96/gallon ($1,199.88/mt) FOB US Gulf Coast for June, a near-seven-month high, as buyers sought to buy product in a tightly supplied market, sources said. US mixed xylene pricing was last seen above ...
Tags: mixed xylene, xylene prices
Citgo Petroleum Corp. will raise xylene and toluene truck and rail pricing by 4 cents effective June 18, according to a letter the company sent Wednesday to customers that Platts obtained Thursday. "This price adjustment is due to limited ...
The May US mixed xylene contract price settled down 4 cents to $3.50/gal ($1,060.50/mt), industry sources said Tuesday. A lower settlement was anticipated by market participants due to quiet demand in downstream markets and from the Asian ...
US orthoxylene contracts were heard settling at 57 cents/lb ($1,256/mt) for April, down 1.5 cents from March, industry sources said Thursday. There had been expectations in the market that contracts could roll over, with feedstock-mixed ...
Tags: Orthoxylene, OX demand
US spot mixed xylene prices fell to a 20-month low Monday at $3.54/gallon ($1,072.62/mt) FOB US Gulf Coast. Spot prices were last seen lower on June 28, 2012, when assessed at $3.50/gal FOB USG, Platts data showed. Mixed xylene prices ...
Tags: Mixed Xylene, xylene imports
March contracts for US orthoxylene rolled over for March, settling at 58.5 cents/lb ($1,290/mt), market sources said Thursday. Contracts were settled Wednesday, they said. Sources said sellers went into negotiations seeking a slight ...
Tags: orthoxylene, Chemicals, March contracts
Axiall Corporation and Lotte Chemical of the Republic of Korea announced that they have signed a Heads of Agreement to pursue a 50/50 joint venture arrangement for the design, construction and operation of a proposed 1 million metric ...
Tags: Ethane Cracker, Textile
US toluene disproportionation, Mobil selective toluene disproportionation and hydrodealkylation margins moved higher on Monday after spot benzene prices surged, sources said. TDP margins rose $43/mt to be estimated Monday at $298.87/mt, ...
Tags: Spot Benzene, Chemicals
Fuji Oil may consider entering into alliances with other companies in the Japanese refining and petrochemical sector, where it can benefit, a senior company official with the Japanese refiner said. "We are not able to speak about anything ...
Tags: oil, Metallurgy, Mineral, Energy
The spread in Asia between paraxylene and feedstock isomer-grade mixed xylene hit a three-year low of $160/mt Wednesday, amid an open arbitrage into Asia for PX but tight regional supplies for isomer-MX. On Wednesday, Platts assessed the ...
Tags: Paraxylene, Chemicals
JX Nippon Oil & Energy Corporation is likely to restart its Sendai, Japan-based aromatics plant on October 19, 2013, after a maintenance turnaround. "The plant is under a maintenance turnaround since September 18, 2013," a company ...
Tags: Textile
US toluene disproportionation margins have moved into negative territory after toluene spot prices moved higher against declining benzene and mixed xylene spot pricing. Mobil selective toluene disproportionation margins were also ...
Tags: Spot Toluene, Chemicals
Taiwan's Formosa Chemical and Fiber Corp is maintaining run rates at its three aromatics plants at 90-100% of capacity despite paraxylene production margins remaining poor, a company source said last Friday. The price spread between Asian ...