Archives :: Markets :: Basic Chemicals :: Petrochemicals :: Benzene
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August 27, 2007Prices U.S.: $3.57/gal fob, spot; $3.59/gal fob, August contracts EUROPE: $1,052/m.t. cfr, spot, €769/m.t. cif, August contracts ASIA/PACIFIC: $1,029/m.t. fob Korea spot Outlook...
August 7, 2007Tessenderlo Group (Brussels) says it will cease production of chlorobenzene at Pieve Vergonte, Italy, citing “grave” market conditions. Tessenderlo says that margins in its...
August 7, 2007North American petrochemical markets were quiet this week with the Canada Day holiday celebrated Monday and U.S. Independence Day celebrated Wednesday. Feedstocks were quiet, most...
August 6, 2007Crude oil and feedstock prices rose again last week, pushing spot petrochemical prices higher. Spot olefins on both sides of the Atlantic remained tight as minor supply outages in...
July 31, 2007Intercontinental Exchange (ICE; Atlanta), an electronic energy marketplace, says it has agreed to acquire ChemConnect’s (Houston) commodity trading division in an all-cash...
July 30, 2007U.S. petrochemical production during the fourth quarter rose 14% year-on-year, to 48.2 billion lbs, but total inventories fell 3% from the year-ago period, to 5.7 billion lbs, says the...
July 30, 2007UOP says it has been selected by PetroChina to supply technology, basic engineering services, and equipment for an aromatics complex at PetroChina’s refining and petrochemical...
July 30, 2007Global Earnings to Rebound Earnings for the global plastics industry will rebound this year, following price declines in the past few months due to inventory destocking and falling...
July 25, 2007Dow Chemical says it will boost capacity of divinylbenzene (DVB) at Midland, MI by about 3 million lbs/year. The additional capacity is due onstream in the fourth quarter. The project...
July 25, 2007Dead in the water: Songhua spill caused contamination. Jilin Petrochemical (JPC; Jilin, China), a PetroChina subsidiary, has been fined Rmb1 million ($129,000) for an explosion in...
July 25, 2007The City of Houston has asked major refiners and chemical makers in the area to participate in a voluntary benzene emission-reduction program, in hopes that facilities sign on to help...
July 25, 2007Sharply rising global oil prices pushed benzene prices higher through February. That gave producers the leverage they needed to implement March contract increases of 10% in the U.S...
July 24, 2007European butadiene contracts have settled for the second quarter at a €25/m.t. increase, to €895/m.t. del, a record high. Strong demand and tight supplies boosted prices...
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