ExxonMobil said that it will make a final investment decision later this year on a potential polypropylene production expansion along the US Gulf Coast. The company started detailed engineering work on a potential US Gulf Coast project to ...
Tags: ExxonMobil, Plastics
Chevron 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
Dow Chemical has completed the construction of its new ELITE enhanced polyethylene production facility in Freeport, Texas, US. Part of the firm’s $6bn expansion on the US Gulf Coast, the 400,000 metric ton polyethylene facility is ...
Tags: Dow Chemical, polyethylene
Dow Chemical has completed construction phase of ethylene production facility in Freeport, Texas, ahead of schedule. The firm is now progressing through the commissioning phase for the ethylene facility scheduled by mid-year. Dow ...
Tags: Dow Chemical, Ethylene Production
US crude exports rose 35,000 b/d to a record 692,000 b/d in September after Brent's premium to WTI widened, an analysis of Census Bureau data released Friday showed. Brent's premium over WTI widened from 34 cents/b in May to average ...
Tags: crude exports, crude
Responding to the changing landscape by re-shaping Shell Setting out an agenda for 2020 and beyond: grow free cash flow per share and returns Taking action to manage the down-cycle: delivering on lower costs, lower and more ...
Shell Chemical Appalachia LLC (Shell) has taken the final investment decision to build a major petrochemical complex, comprising an ethylene cracker with polyethylene derivatives unit, near Pittsburgh, Pennsylvania, USA. Main construction ...
Tags: Shell Chemical Appalachia LLC, final investment decision
An increase in eastbound long-haul grain and petcoke cargoes from the US Gulf Coast has triggered a rebound in Handysize and Supramax freight rates in this key loading area this week. Also, inquiries in the region remains spearheaded by ...
Tags: Corn Demand, US Gulf Coast
LyondellBasell has announced its plan to move ahead with the construction of a high density polyethylene (HDPE) plant on the US Gulf Coast. Scheduled to be commissioned in 2019, the plant is expected to have an annual production capacity ...
Tags: LyondellBasell, HDPE
The US fuel oil hi-lo, the spread between US Atlantic Coast 1%S fuel oil and US Gulf Coast 3%S fuel oil, fell below $1/b Thursday for the first time since October on an expected lack of demand for power generation. Platts assessed USAC ...
Repairs to reinforce the sills of the Panama Canal's new locks, which were found to be deficient earlier this year, will be completed by January 2016, the Canal Authority of Panama (ACP) said Tuesday. During routine operational testing of ...
Tags: ACPH, Locks, LNG-tanker traffic
The US styrene-benzene spread narrowed as it remained below $200/mt, assessed at $161.07/mt Tuesday, down $19.52 on the week, according to Platts data. The spread has been below $200/mt for the majority of November, assessed above $200/mt ...
Supramax shipowners are bracing for a tough finale to a disappointing year as limping grain and petcoke trade in the Atlantic fails to support the monstrous weight of available tonnage. That has been keeping freight rates low, while hopes ...
Tags: Supramax shipowners, grain, petcoke
The December/January US Gulf Coast 3% sulfur fuel oil swap spread moved to a wider contango on Friday, while market sources searched for a fundamental reason to explain the movement. Platts assessed the December/January 3%S spread at a ...
Tags: sulfur fuel oil, USGC fuel oil
Canada's Alberta province Sunday announced a new "climate leadership" plan that includes a cap on greenhouse gas emissions by oil sands producers as it moves to overhaul its image and kick start export opportunities. The cap on emissions ...
Tags: greenhouse gas, oil sands, oil