IHS Chemical Week

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

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July 31, 2015
The benzene contract price for August has initially settled in Europe at $853/m.t. or €779/m.t., representing a decrease of $29 or €13 on the July level.     The...
July 29, 2015
Europe's benzene price is under pressure in the runup to contract price discussions as a combination of a weaker US market and lower crude numbers have pulled spot prices lower this...
July 28, 2015
The recent decline in benzene spot prices in the United States suggests that the August benzene contract will likely settle lower at the end of this week. The expected decline comes...
July 28, 2015
The main aromatics products imported into China dropped hugely in May, data obtained by IHS Chemical show. Total import volumes into China for the month amounted to 1.51 million m.t...
July 27, 2015
Phillips 66 said on Friday that its Alliance refinery in Louisiana was in process of restarting units impacted by yesterday's power loss. The refinery experienced a brief loss of power...
July 22, 2015
GS Engineering & Construction (Seoul) has signed a contract with Korea Petrochemical Industry Co. (KPIC; Seoul) to expand a naphtha South Korea, the engineering firm says in a...
July 21, 2015
UOP, a Honeywell subsidiary, said on Tuesday that China’s Ningxia Baota Chemical Fiber Co. will use the latest generation UOP technologies and equipment to build an...
July 15, 2015
South Korea’s exports of benzene increased significantly in the first half of 2015 compared with the same timeframe in 2014, according to data obtained by IHS Chemical. Total...
July 14, 2015
Styrene monomer spot prices in Europe  are staying at recently inflated levels despite downward pressure on benzene as crude oil falls back below $60/bbl. Styrene spot prices...
July 9, 2015
The European styrene customer reference price has been agreed at €1,325/m.t. ($1,459) cif Amsterdam-Rotterdam-Antwerp (ARA), down €73 against the June settlement. This...
July 2, 2015
In terms of volume, South Korea’s June exports of benzene to China experienced the largest drop from May amid weaker demand, while shipments to the US dipped slightly on...
July 1, 2015
JX Nippon Oil & Energy (Tokyo) has settled the July Asia contract price for benzene at $825/m.t. cfr, up $85/m.t. from a finalized June price of $740/m.t., the company says...
June 30, 2015
The US July benzene contract settled higher today as expected, following the year-to-date spot-price highs seen last week that came on the back of heavy producer interest due to recent...
June 30, 2015
The benzene contract price for July has settled in Europe at $882/m.t., up about $112 on June's price. June prices have averaged $835–849/m.t. cif Amsterdam-Rotterdam-Antwerp...
June 30, 2015
Prompt benzene spot prices were down in the United States on 29 June, but market participants expect the July benzene contract to settle higher. The July benzene contract settlement is...
June 26, 2015
PTT Global Chemical (PTTGC; Bangkok) has cut runs at its aromatics complex No. 1 at Map Ta Phut, Thailand, due to unstable operations, IHS Chemical understands. There had been reports...
June 25, 2015
China’s imports of benzene, para-xylene (p-xylene), styrene, and toluene fell sharply in May compared with April and mixed xylene imports were almost flat, data obtained by IHS...
June 24, 2015
The benzene arbitrage window between Asia and the United States has been open slightly this week for a limited time, according to trade participants. Prompt Asia benzene prices were at...
June 24, 2015
South Korea’s benzene exports to China and the United States during 1-23 June were about 60% and 51%, respectively, of overall volumes sent in May, data obtained by IHS Chemical...
June 18, 2015
PBF Energy (Parsipanny, NJ) has agreed to acquire Chalmette Refining, a 189,000 bbl/day refinery in Chalmette, LA, for $322 million from ExxonMobil and PDVSA, which operate the business as a 50/50 joint venture. The deal, which is expected to close by the end of 2015, includes logistics infrastructure and facilities for the production of aromatics and propylene....
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