IHS Chemical Week

Archives :: Markets :: Basic Chemicals :: Petrochemicals :: Benzene

Displaying 1 - 12 of 427 stories.
November 29, 2016
Marathon has declared force majeure on benzene out of its Texas City, Texas, complex following technical difficulties at the associated refinery on 21 November. The force majeure was confirmed by sources downstream of Marathon. The company has offered no comment at this point and it is not known whether other petrochemical operations at the site have also been affected....
November 29, 2016
The spread between spot styrene and benzene has risen in Europe to $500/metric ton for the first time since June 2015 as talk of styrene production issues within Western Europe sent...
November 27, 2016
Abu Dhabi has embarked on an expansion plan that includes doubling petrochemical capacity, entering the aromatics business, and building an export-oriented refinery....
November 17, 2016
Despite comfortable supply, Asia has the highest benzene prices. The situation reflects solid regional demand and bearish sentiment elsewhere, but with Asian exports to North America tumbling, US prices could surge early next year....
November 11, 2016
As a by-product, benzene capacities are driven by para-xylene (p-xylene), ethylene and gasoline demand, resulting in uneven supply distributions and market imbalances, says Omi Tatsuo...
November 10, 2016
Supply of heavy naphtha to Asia is expected to tighten with new aromatics plants starting up in India and the Mideast, says Chung Jiwon, director for Asia business development and...
November 9, 2016
Trammo (New York), a trading group, will exit petrochemical markets at the end of 2016, a company statement has confirmed. “Trammo will no longer trade petrochemicals, with the...
November 7, 2016
Kuwait Paraxylene Production Co. (KPPC; Kuwait City) is shutting down its aromatics complex in November for a three-week turnaround, in tandem with KPPC's naphtha feedstock supplier...
October 31, 2016
US benzene production in the third quarter of 2016 dropped by 1.29 million gallons (4,250 metric tons) compared to the second quarter of the year, whilst inventory fell by 24.94 million gallons, according to data released by the American Fuel and Petrochemical Producers (AFPM) Monday....
October 31, 2016
A fire took place at PCK Schwedt's (Schwedt/Oder, Germany) on 29 October at 23.00 local time causing "relevant installations" to be taken offline, the company said in a...
October 31, 2016
GTC Technology (Houston) says it has agreed to provide its GT-BTX technology to Nizhnekamskneftekhim (NKNK; Nizhnekamsk) for the modernization of a benzene production facility at the company’s EP-600 olefins complex in Nizhnekamsk, Republic of Tatarstan, Russia. Start-up is planned for 2017....
October 31, 2016
The European benzene contract price for November has settled at $659 (€603) per metric ton, a decline of $11 (an increase of €6) from the October settlements of $670 (€597) per metric ton....
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