European butadiene buying interest for February loading material has climbed to $1,300/mt FOB Rotterdam on the back of firm demand for exports to the US, market sources said. Reflecting this, Platts assessed butadiene at $1,287/mt FOB ...
Yokogawa Electric Corporation announced that it has been selected as the Main Automation Contractor for Chevron Phillips Chemical Company LP's (Chevron Phillips Chemical) USGC Petrochemicals Project. The project was first announced in ...
Yokogawa Electric Corporation announced today that it has been selected as the Main Automation Contractor for Chevron Phillips Chemical Company LP's (Chevron Phillips Chemical) USGC Petrochemicals Project. The project was first announced in ...
Tags: Yokogawa, Chevron Phillips Chemical, USGC, petrochemical
The price spread between Asian paraxylene and isomer-grade mixed xylenes narrowed $19/mt Monday from Friday's level, to $173/mt, a one year-low, as MX was strengthening amid a bearish PX market, Platts data showed. Isomer-MX on an FOB ...
Tags: Metallurgy, Mineral
US Gulf Coast propane was at an 11-month high relative to the NYMEX front-month crude contract Friday morning as buying for the fall and winter heating season picks up and exports continued to drain US propane stocks. Mont Belvieu propane ...
Tags: Gulf Coast propane, propane stocks
The price spread between Asian paraxylene and isomer-grade mixed xylenes shrank $9/mt day on day to a one-year low of $175/mt on a CFR basis Wednesday as PX prices turned top heavy while MX remained bullish, Platts data showed. Asian ...
Tags: MX Firms
Shell's recent announcement that it is seeking additional feedstock supplies for its proposed western Pennsylvania petrochemical facility is only one major roadblock that the facility needs to circumvent in the next few years, a Platts ...
The US-Asia isomer-grade mixed xylenes arbitrage has shut on paper after being open for about a month, hit by higher US prices overnight Tuesday, Platts data showed Wednesday. Asian isomer-MX CFR Taiwan was assessed at $1,297/mt Tuesday, ...
Tags: Chemicals
Chevron 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
Record-high styrene prices in Asia are likely to begin attracting regular US export deliveries away from Europe, where demand has been cooling, European sources said this week. Rising prices in Asia mean that the region has now overtaken ...
Tags: Record-high styrene, Chemicals
US commercial crude stocks fell 9.87 million barrels to 373.92 million barrels for the reporting week ended July 5, Energy Information Administration data showed Wednesday. The latest decline marks the sharpest two-week draw in US crude ...
Tags: Crude Stocks, Crude imports
Goldman Sachs said earlier this week it had closed its Brent/WTI spread trade recommendation after the ICE Brent premium to NYMEX crude fell below its target of $5/b, adding short-term scope for further narrowing remained, but pipeline and ...
Tags: Chemicals, Goldman Sachs
US Gulf Coast propane stocks have grown 3.61 million barrels in the first three weeks of June, roughly four times the amount that was added to storage in the comparable period of 2012, Energy Information Administration data showed ...
LEEVAC Shipyards Jennings LLC, of Jennings, LA, a subsidiary of LEEVAC Shipyards, LLC announced today that it has signed contracts with Hornbeck Offshore Services, LLC, an affiliate of Hornbeck Offshore Services, Inc. (NYSE:HOS) of ...
Tags: Transportation, Service
Asian isomer-grade mixed xylene traders are eying opportunities to make the reverse arbitrage movement from Northeast Asia to the US Gulf Coast given the recent widening of prices between both regions, traders said Wednesday. Several ...
Tags: Asian Isomer-MX, Arbitrage