China National Offshore Oil Corporation (CNOOC) and Shell Nanhai B.V. (Shell) today announce the final investment decision to expand CNOOC and Shell Petrochemical Company’s (CSPC) existing 50:50 joint venture (JV) in Huizhou, ...
Tags: CNOOC, Shell, final investment decision, expasion
"Pricing is always determined by market forces. In terms of value creation, MEG prices are a bargain today. However, MEG has been one of the most attractive ethylene derivatives in the last five years,” says a senior official of a ...
Tags: MEG Prices, Bargain, Textile
Japan's ethylene and ethylene derivatives exports in February fell 16.1% from a month earlier to 192,100 ethylene equivalent ton, or EET, Japan's Ministry of Economy, Trade and Industry said Monday. From a year earlier, the exports were ...
High ethylene prices in Asia have been keeping margins of most ethylene derivatives in the red, forcing some MEG and polyethylene makers to consider trimming operation rates or closing entire production lines, sources said this week. In ...
Japan's ethylene production in February fell 11% from January to 572,800 mt but rose 9% year on year, the Ministry of Economy, Trade and Industry said Friday. Japan's exports of ethylene and ethylene derivatives in January had increased ...
Japan's ethylene production in November edged up 3.4% from October to 598,700 mt, and jumped 10.8% year on year, the Ministry of Economy, Trade and Industry said late Wednesday. The ministry also announced that Japan's exports of ethylene ...
Tags: Ethylene Output, Chemicals
Japan's ethylene production in November edged up 3.4% from October to 598,700 mt, and jumped 10.8% year on year, the Ministry of Economy, Trade and Industry said late Wednesday. The ministry also announced that Japan's exports of ethylene ...
Tags: Japan, Ethylene, Output Rises
The spread between Asian styrene monomer and benzene prices widened to a six-week high of $356.50/mt Thursday, up $20/mt or 6% from a day earlier, as China's shrinking SM inventories lifted SM prices, Platts data showed. The last time the ...
Tags: SM-Benzene, Benzene
Sumitomo Chemical has decided that it will close down an ethylene plant at its Chiba Works located in Ichihara, Chiba, Japan, in or before September 2015 when the next periodic shutdown maintenance will take place, to reinforce the ...
Westlake Chemical Corporation reported net income for the three months ended September 30, 2012 of $87.0 million, or $1.30 per diluted share, on sales of $821.2 million. This represents an increase in net income of $19.1 million from the ...
Tags: Westlake Chemical Corporation, net income, debt refinancing costs