Archives :: Markets :: Basic Chemicals :: Petrochemicals :: Butadiene
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August 7, 2007U.S. Gulf Coast buyers say they are close to securing a 1-ct/lb decrease in the July butadiene contract, bringing prices to 57 cts/lb, del. The June contract was agreed to as a...
August 6, 2007Nylon-6,6 feedstocks have been in short supply, driven by force majeure at European and U.S. plants, including Rhodia and Invista, says Maack Business Services (Zurich). Nylon-6,6...
July 30, 2007Equistar Chemical and Texas Petrochemical (TPC; Houston) have separately declared force majeure on butadiene. Equistar’s force majeure resulted from production problems at the...
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, 2007Davy Process Technology (DPT) says it has licensed technology for projects by two Chinese companies. Nanjing Bluestar New Chemical Materials (Bluestar; Nanjing) will build a plant...
July 27, 2007Shell Eastern Petroleum, a Shell subsidiary, says it has taken a final decision to proceed with a project to build a 155,000-m.t./year butadiene plant at Bukom Island, Singapore (CW...
July 25, 2007Shell Chemicals says that its previously announced 155,000-m.t./year butadiene plant at Bukom Island, Singapore will use BASF’s butadiene extraction technology, licensed through...
July 25, 2007Ashortage of butadiene in the U.S. has driven up butadiene contract prices to an all-time high. May contracts rose by 2 cts/lb, the third successive month of increases, to 58 cts/lb...
July 25, 2007Global petrochemical prices fell last week with the sharp decline in crude oil. U.S. ethylene spot prices softened by a half penny, and European spot ethylene numbers dropped...
July 25, 2007Rhodia is seeking a €70/m.t., about 5%, price increase on adipic acid in Europe, effective January 1. The company cites continued increases in raw material costs • Dow...
July 25, 2007BOC Gases (Murray Hill, NJ) says it has started supplying hydrogen from its new 20-million scf/day plant at Lima, OH to Valero’s refinery at the same site. The plant will feed...
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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