Mangalore Refinery and Petrochemicals Ltd (MRPL) has commenced commercial production of polypropylene (PP) post-completion of its Phase III refinery expansion and upgradation project. In a filing to the BSE, MRPL said it successfully ...
Tags: polypropylene, PP Production
NYSE-listed CB&I’s proprietary Olefins Conversion Technology (OCT) has been chosen by China’s Shenhua Ningxia Coal Industry Group Co. Ltd to set up a petrochemical plant which will produce polymer grade propylene. CB&I said it ...
US June propylene contract prices settled down 3 cents/lb ($66/mt) from May, sources said Friday. The decrease puts prices for polymer-grade propylene at 67.5 cents/lb ($1,488/mt) and chemical-grade propylene at 66 cents/lb ($1,455/mt) ...
US spot refinery-grade propylene declined 0.75 cents/lb Thursday to reach a five-month low as propylene markets weaken, according to sources. Spot RGP was assessed at 58-58.5 cents/lb delivered, after May and June buying bids were heard ...
US May propylene contract price settlements fully settled at a 0.5 cent/lb ($11/mt) decrease compared with April's contract price, sources said Monday. The decrease puts prices for chemical-grade propylene at 69 cents/lb and polymer-grade ...
US April propylene contract prices settled 1 cent/lb ($22/mt) lower than March's contract prices, sources said Tuesday. The decrease puts the April chemical-grade propylene contract price at 69.50 cents/lb ($1,532/mt) and the ...
Tags: Propylene, chemical-grade
US polypropylene contracts could see a stable-to-down settlement for April, then rebound as early as May, market sources said Monday. A nomination for polymer-grade propylene contracts calling for a rollover of March pricing was giving PP ...
Tags: polypropylene, polymer-grade propylene, PGP
US March propylene contract prices were fully settled 1.5 cents/lb ($33/mt) lower from February, market sources said Friday. The decrease is the second consecutive decline in contract pricing this year, and puts chemical-grade propylene ...
Initial settlements for US March propylene contract prices called for a 1.5-cent/lb ($33/mt) decrease from February, market sources said Tuesday. The decrease, if settled marketwide, would put polymer-grade propylene prices at 72 cents/lb ...
US February propylene contract prices were heard to have fully settled 1 cent/lb ($22/mt) lower than for January, sources said Friday. The decrease put chemical-grade propylene at 72 cents/lb and polymer-grade propylene prices at 73.50 ...
European olefin buyers said they are more optimistic about a decrease in ethylene contract prices than propylene for February, amid tightness in propylene. Buyers are aiming for a fall in both contract prices following the direction of ...
Tags: Spot propylene, CIF NWE, FD NWE, deep sea import
Higher polymer-grade propylene and chemical-grade propylene prices are pushing up propylene derivatives prices, market sources said Wednesday. Recently announced price increases for propylene derivatives include for isopropyl alcohol, ...
Tags: Higher Propylene
ExxonMobil Chemical and Total Petrochemicals are joining other polypropylene producers seeking 2-cent/lb ($44/mt) increases effective August 1, sources said Wednesday. "Everyone is going for two (cents/lb) on the (margin) expansion," a ...
Tags: Exxonmobil, PP
Phillips 66 will reduce delivery of polypropylene grades because of issues with feedstock supply, further squeezing an already tight market, sources said Tuesday. The company announced the measure late Monday in a letter to customers ...
US polypropylene contracts for June were settling this week at a 3-cent/lb ($66/mt) increase, following a similar hike on feedstock propylene, sources said Friday. The 4% increase pushed homopolymer injection grade polypropylene to 74-75 ...
Tags: Polypropylene, Chemicals