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Styrenics
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Chevron Phillips Begins Operations of Ethane Cracker at Cedar Bayou Facility in Texas
Mar 19, 2018Chevron Phillips Chemical has started operations of a new ethane cracker at its Cedar Bayou facility in Baytown, Texas, US. The unit will manufacture 1.5 million metric tons/3.3 billion lbs. a year at peak production. Last September, ...
Tags: Ethane Cracker
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NWE Styrene Monomer Spot Offtake Lackluster Despite Steep Discounts
Nov 4, 2015Northwest European styrene monomer spot offtake remains lackluster this week on the back of supply length, with buyers predicting lower prices in the coming weeks and industry consumers keen to reduce stock levels for the end of the year, ...
Tags: styrene, Offtake Lackluster, styrenics products, Discounts
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Nova Chemicals Corp Saw Its Profit Slip to $167 Million
Aug 14, 2014For the second quarter of 2014, Canada-based Nova Chemicals Corp, a producer of Olefins & Polyolefins, including ethylene, saw its profit slip to $167 million compared to profit of $201 million for the second quarter of 2013, down 16.91 ...
Tags: Nova Chemicals, Textile
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Americas Styrenics to Increase The Transaction Price for Polystyrene
Jun 25, 2014Americas Styrenics will increase the transaction price for all grades of polystyrene by 7 cents/lb ($154/mt), effective July 1, according to a letter sent to customers Monday and obtained by Platts. Americas Styrenics' increase follows ...
Tags: polystyrene, Americas Styrenics
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Styrolution Is Seeking to Expand Polystyrene Margins
Jun 5, 2014Styrolution is seeking to expand polystyrene margins following the settlement of the June styrene contract price, the company said late Monday. With the Northwest European styrene contract agreed at Eur1,360/mt FOB ARA ($1,850/mt), down ...
Tags: Styrolution, Polystyrene
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EU First-Quarter Polystyrene Imports Jumped 119% Year on Year
May 26, 2014EU first-quarter polystyrene imports jumped 119% year on year, according to recent Eurostat data. Market sources attributed the sharp increase in imports largely to reductions in domestic production capacity. The EU imported 38,920 mt of ...
Tags: Polystyrene, polystyrene imports
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Americas Styrenics Will Raise Its Polystyrene Pricing 3 Cents/Lb ($66.14/Mt) January 1
Dec 23, 2013Americas Styrenics LLC will raise its polystyrene pricing 3 cents/lb ($66.14/mt) January 1, according to a letter the company sent to customers Tuesday and Platts obtained Thursday. Higher feedstock styrene pricing has caused the push for ...
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Americas Styrenics Has Declared Force Majeure on Polystyrene Resin
Sep 25, 2013Americas Styrenics has declared force majeure on polystyrene resin after a power outage at its plant in Torrance, Calif. The Sept. 15 outage was "a total power failure," PS business director Tim Barnette said in a Sept. 17 statement. ...
Tags: Polystyrene, Styrenics
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The Estimated Completion Date for The USGC Petrochemicals Project Is 2017
Aug 15, 2013Chevron Phillips Chemical Company LP announced it received air permits from the Texas Commission on Environmental Quality (TCEQ) for its planned ethane cracker and polyethylene units. Additionally, Chevron Phillips Chemical received a ...
Tags: Chevron, Petrochemical Project
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Profits Reaches $201 Million at NOVA Chemicals in Q2 Due to Lower Finance Costs
Aug 2, 2013In the second quarter of 2013, we generated a profit of $201 million compared to profit of $186 million for the second quarter of 2012. The increase was primarily due to lower finance costs in the second quarter of 2013. For the six ...
Tags: Profits, NOVA Chemicals
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Synthos Has Begun an Emergency Shutdown of All Units at Its Petrochemical Complex
Jun 5, 2013Polish chemical producer Synthos has begun an emergency shutdown of all units at its petrochemical complex in Kralupy, Czech Republic due to extreme flooding by the Vltava river, a company source said Monday. "We are closing production of ...
Tags: Petrochemical, Vltava Floods
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Styrolution Will Increase The Selling Price on All Polystyrene Grades by 4 Cents/lb
May 3, 2013Styrolution will increase the selling price on all polystyrene grades by 4 cents/lb ($88/mt) effective Wednesday, the company said in a letter to customers. Styrolution cited feedstock price increases in the letter, sent Tuesday. The ...
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Dienes Has Selected Styrolution as Its Exclusive Supplier of Transparent Specialty Grade
Apr 24, 2013Germany-based Dienes Packaging has selected global styrenics supplier Styrolution as its exclusive supplier of transparent specialty grade, Zylar BX6503 (methyl methacrylate-butadiene-styrene copolymers). Dienes is using the grade in the ...
Tags: Dienes, Styrolution, Packaging Material
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European Benzene's Premium to Naphtha Has Topped The $450/mt Mark for The First Time
Apr 12, 2013European benzene's premium to naphtha has topped the $450/mt mark for the first time since the start of February, as naphtha languishes at multi-month lows and benzene rises despite seemingly weak fundamentals. The benzene-naphtha spread ...
Tags: NWE, Benzene-Naphtha, Chemicals
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Clariant Published Its ColorForward Color and Trend Forecasting Guide for 2014
Feb 5, 2013Clariant, a world leader in specialty chemicals, has published its ColorForward color and trend forecasting guide for 2014. Designed specifically for the plastics industry by Clariant's ColorWorks, ColorForward uses the language of color to ...
Tags: Clariant, ColorForward, 2014
