US spot ethylene settled at a 12-week high Thursday to be assessed at 56.5-57 cents/lb FD USG, up 3 cents/lb week on week, as a delay in the startup of a major transmission line between Texas and Louisiana, tightening supply amid a busy ...
US-based PVC and caustic soda producer Shintech wants to site its new 500,000 mt/year ethylene plant at Plaquemine, Louisiana, according to a state Department of Environmental Quality air permit application made available to Platts on ...
European polyethylene converters have rejected contract prices increases for April announced by PE producers, they said this week. PE producers announced increases of Eur20-40/mt, while converters were eyeing at a rollover in prices. ...
Tags: Chemicals, Polyethylene, PE
Russia's Gazprom Neftekhim Salavat has launched a new pyrolisis furnace at its Monomer petrochemical plant in Bashkortostan, in the Urals region of Russia, and expects its ethylene and propylene output this year will increase by around 13%, ...
Tags: ethylene output, ethylene
Counter bids for the April Asian Contract Price for paraxylene are seen to come in at around $1,050-1,100/mt CFR, sources close to the negotiations said Thursday. The four PX ACP sellers in Asia -- ExxonMobil, Japan's Idemitsu Kosan and ...
Tags: Paraxylene, PTA market, PTA producers
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 ...
Ethylene producers in Northwest Europe have fixed two cargoes to Asia for March loading driven by length in domestic market, the turnaround season in Asia and port congestion in the Middle East, sources said this week. Europe, a net ...
Technip awarded contract to supply proprietary furnace technology and services in Russia OJSC Kazanorgsintez renews its trust in Technip, the world’s largest ethylene licensor and contractor. Technip was awarded by Open Joint ...
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
US ethylene dichloride prices were assessed Thursday at$325-335/mt FOB US Gulf,a spike of$30/mt week on week,amid tight availability,strong demand from Asia and an increase in feedstock costs,said sources. The price is at its highest ...
Tags: US ethylene dichloride price, ethylene dichloride, the ethylene
U.S. prices for polyvinyl chloride (PVC), the plastic most widely used in construction, are set to rise by five cents per pound in the first two months of 2014. This is a significant price increase in a market that will see producers end ...
Tags: PVC, construction
Entergy Gulf States Louisiana, L.L.C. signed a six-year commercial and contractual agreement with Sasol North America, Inc., a wholly-owned subsidiary of Sasol Limited, to supply up to 200 megawatts of electric power to Sasol's proposed ...
Tags: Petrochemical News, Entergy Gulf, Louisiana, Westlak
THE WOODLANDS, Texas, Dec. 2, 2013 /PRNewswire/ -- CB&I (NYSE: CBI) announced today it has been awarded a contract valued at approximately $1 billion by Ingleside Ethylene LLC, a joint venture between Occidental Chemical Corporation ...
The Mexican state of Veracruz would receive investments of over US$ 5 billion in the coming months for the development of the petrochemical cluster in the south of the state, announced Veracruz’s Governor Javier Duarte De Ocha, during ...
Tags: Petrochem Projects, Textile
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 ...