IHS Chemical Week

Archives :: Markets :: Basic Chemicals :: Petrochemicals :: Ethylene

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August 4, 2015
Proposed regulations that would disqualify master limited partnerships (MLPs) based on the steam-cracking of natural gas liquids (NGLs) mistakenly focus on the output of the process, rather than input, according to comments submitted to the IRS by Enterprise Products Partners (Houston)....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Enterprise-says-proposed-MLP-regulations-mistakenly-focus-on-products_72744.html
August 4, 2015
The US July ethylene contract settled at 32.75 cts/lb on 3 August, losing 1 ct/lb from the June contract price of 33.75 cts/lb. The decline comes on the back of continued ample supply...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/US-July-ethylene-contract-declines-for-second-consecutive-month_72712.html
July 29, 2015
Kuwait’s Petrochemical Industries Corp. (PIC; Kuwait City), wholly owned by Kuwait Petroleum Corp., is at an advanced stage of a feasibility study for a petrochemicals and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Exclusive-Kuwait-CEO-confirms-petchem-plans-in-Kuwait-talks-with-OPaL-in-India_72511.html
July 28, 2015
LyondellBasell reports net income from continuing operations of $1.3 billion, up 7.8% year-over-year (YOY) as higher volumes and lower feedstock costs more than offset declines in product prices. Sales totaled $9.1 billion, up 11.7% YOY....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/LyondellBasell-income-up-beats-analyst-consensus_72480.html
July 23, 2015
Sinopec has announced its unaudited production data covering the first six months of the year. Ethylene and synthetic resins production were each up 7.3%, to 5,457,000 m.t. and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sinopec-raises-ethylene-plastics-production-in-first-six-months_72382.html
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...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/GS-Engineering-to-expand-cracker-aromatics-complex-in-South-Korea_72357.html
July 22, 2015
Sasol confirmed that it began planned maintenance over the weekend at its Lake Charles, LA steam cracker. The maintenance is expected to last for 12 days, and has not had any...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sasol-confirms-12-day-planned-maintenance-at-Lake-Charles_72347.html
July 20, 2015
Unipetrol (Prague), a petrochemicals producer majority owned by the PKN Orlen Group (Plock, Poland), on Monday is shutting its ethylene unit at Litvinov, Czech Republic, for an...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Czech-petchems-producer-closes-steam-cracker-for-unplanned-maintenance_72298.html
July 16, 2015
Shell Chemicals has restarted its 940,000-m.t./year steam cracker at Moerdijk, Netherlands, Shell confirmed to CW today. Most of the production units at Shell's Moerdijk complex have...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Shell-restarts-Moerdijk-cracker-supplies-customers-with-product_72195.html
July 15, 2015
Jim Ratcliffe inspects one of two shale gas carriers Ineos held a ship naming ceremony Tuesday at Qidong, China, near Shanghai, in the latest landmark of the company's $1-billion...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Ineos-names-ships-built-to-carry-shale-gas-from-the-US-to-Europe_72127.html
July 15, 2015
UOP has licensed its Advanced methanol-to-olefins (MTO) process to Better Clean Energy, a subsidiary of Better Holdings Group (Dongying, China). Better Clean Energy intends to use the MTO process to produce 300,000 m.t./year of ethylene and propylene at a new facility in Shandong Province, China. Startup is slated for 2016, says UOP....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/UOP-issues-fifth-MTO-license-in-China_72144.html
July 9, 2015

Dow Chemical confirms reports that it has requested the closure of a stretch of State Highway 332 near its Oyster Creek site at Freeport, TX, following a process upset that resulted in the release of trace amounts of hydrocarbons.

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http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Dow-requests-road-closure-at-Freeport-TX-facility-after-trace-leak-from-process-upset_72045.html
July 9, 2015
Nizhnekamskneftekhim (NKNK; Nizhnekamsk, Russia), a leading Russian producer of petrochemicals and part of the local TAIF Group (Kazan), has decided to divide its planned $9-billion...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Russian-petchems-firm-NKNK-splits-$9-billion-cracker-project-into-two-phases_72038.html
July 5, 2015
Brahmaputra Cracker and Polymer (BCPL) has begun the commissioning of its long-delayed Assam cracker project at Lepetkata, India. Three units—the gas sweetening unit, the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Assam-gas-cracker-project-in-commissioning-phase_71883.html
July 2, 2015
The US June ethylene contract settled at 33.75 cents/lb late yesterday, losing 0.75 cts/lb from the May contract price of 34.50 cts/lb. The decline reflects low feedstock costs and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/US-June-ethylene-contract-settles-lower_71850.html
July 1, 2015
Borealis (Vienna) said on Wednesday that it will invest €160 million ($177.4 million) in its Stenungsund, Sweden site. The investment includes an upgrade and revamp of four of the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Borealis-invests-in-Sweden-cracker-will-close-two-old-furnaces_71806.html
June 26, 2015
Via an agreement, Bermuda-registered Petredec has secured $186.3 million from KfW IPEX-Bank (Frankfurt) to finance constructing four handysize gas carriers, the bank says. Handysize...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Petredec-secures-financing-to-build-four-gas-carriers_71679.html
June 23, 2015

Shell has received an air-quality permit to build the company's planned Appalachian petrochemical project at Monaca, PA, from the Pennsylvania Department of Environmental Protection. Shell’s plans call for a 1.5-million m.t./year ethylene plant and derivative units, with startup slated for 2019.

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http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Shell-receives-air-permit-for-Appalachian-ethylene-project_71520.html
June 19, 2015
US styrene producers in Louisiana may start seeing some relief on feedstock supply as ethylene suppliers bring production back up. Williams Partners’ (Tulsa, OK) said 19 June...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/US-styrene-supply-expected-to-rebound-as-ethylene-units-come-back_71480.html
June 19, 2015
Williams Partners' (Tulsa, OK) olefins plant at Geismar, LA, is approaching its full, expanded production rate, Williams has announced. The plant’s ethylene production rate was...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Williams-Geismar-olefins-plant-achieves-87-percent-of-expanded-production-rate_71466.html
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