The water levels on the Rhine hit critically low levels this week, which threatened to send the cost of transporting and handling a range of oil and chemicals even higher after several months of rising costs. Freight and logistics costs ...
Tags: Rhine, transporting, Oil, Petchem
In the next five years, China's main focus in the petrochemical sector would be on meeting domestic demand and producing higher-value end products, Gu Zongqin, president of the China National Petroleum and Chemical Planning Institute, said ...
Williams Partners has announced that its expanded Geismar olefins plant has started manufacturing ethylene for sale. “This is a significant milestone achievement in our effort to restore reliable operations at our plant for the ...
Tags: Geismar Plant, Ethylene
Williams Partners is expecting ethylene production for sale to begin this month at its Geismar plant as commissioning efforts for the project near completion. “This commissioning effort has been especially challenging after the ...
The Government of Iran has issued instructions to oil refineries and petrochemical units to not to reduce their feedstock supply to downstream petrochemical units, reports Shana. The order issued by Iran’s Minister of Petroleum ...
North America-based petrochemical companies are likely to enjoy a competitive advantage over their rivals based elsewhere for the next several years as a result of the US shale gas revolution, which provides both inexpensive feedstocks and ...
The North Sea spot butane market has been inactive due to a combination of thin demand and limited availability, according to industry sources. North Sea butane is used in Northwest Europe either by the gasoline related sector in the ...
Tags: Butane Market, butane, mixed butane
Northwest European butane prices remain too high to attract petrochemical buying despite their recent slide, sources said Thursday. "At this stage we can't afford these butane levels," said a trader. Delivered prices of butane coasters, ...
Taiwan's Kuokuang Petrochemical Technology Co is considering to set up an integrated refining and petrochemical complex in Pengerang in the state of Johor in Malaysia, rivaling state-owned Petronas' Refinery and Petrochemical Integrated ...
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
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
MNA reported that the National Development Fund of Iran has allocated USD 3 billion for financing petrochemical projects. IRNA report said that the sum will be channeled into 11 petrochemical projects, mainly in the west and the south of ...
Tags: Iran, financing petrochemical projects, NDF
Tehran Times reported that Iran inaugurated a large petrochemical complex, with a projected annual output of 300,000 tonnes of high density polyethylene, in the western province of Kermanshah on Tuesday. The report said that the ...
Tags: Metallurgy, Mineral, Energy, petrochemical complex
Fueled by cheap natural gas liquids from the Eagle Ford Shale -- primarily ethane -- Texas' petrochemical industry will export 33% more ethylene and more finished plastics overseas by 2017, a report by the Federal Reserve Bank of Dallas ...
Tags: natural gas liquids, Texas, petrochemical industry, natural gas stream
The continuing global economic uncertainty is negatively impacting the petrochemical sector of Saudi Arabia, according to a report released by NCB Capital, MENA Financial Network reported. The increase in prices of Saudi petrochemical ...
Tags: global economic uncertainty, petrochemical sector of Saudi Arabia