IHS Chemical Week

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

Displaying 1 - 20 of 963 stories.
March 27, 2015
Demand for key basic chemicals has surged since the financial crisis of 2008-2009, but imbalances in supply and demand have emerged that will shape margins through the end of the decade, says Mark Eramo, v.p./global chemical insights at IHS Chemical. Ethylene and vinyls are set to benefit, but methanol could be challenged....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/IHS-WPC-Basic-chemical-capacity-to-grow-4-percentyear-this-decade_68981.html
March 27, 2015
ChevronPhillips Chemical (CP Chem) began a start-up event from its shutdown Ethylene Unit 33 at its Sweeny, Texas, facility, according to a filing with state regulators on Thursday...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/CPChem-begins-start-up-at-Texas-ethylene-unit_68949.html
March 26, 2015
Although China accounts for the world's largest para-xylene (p-xylene) capacity, it will still need to import more than half of this capacity for the foreseeable future, according to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/IHS-WPC-2015-China-to-keep-importing-p-xylene-as-production-and-demand-grows_68935.html
March 25, 2015
“Changing oil prices have not changed the fact that shale production technologies have unlocked an abundant long-term supply of natural gas in the region,” says Matt Aguiar, senior v.p. at ExxonMobil Chemical. “US gas production has grown by 45% over the past six years. The nation has a nearly 100-year natural gas supply, and it’s still growing.”...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/IHS-WPC-2015-ExxonMobil-sees-US-petrochemical-advantage-as-durable_68911.html
March 23, 2015
ChevronPhillips Chemical (CPChem) is having planned and unplanned shut downs at its Sweeny, TX facility. In a filing with the Texas Commission on Environmental Quality (TCEQ) on...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/CPChem-having-planned-and-unplanned-production-issues-at-Texas-facility_68795.html
March 22, 2015
Egyptian Ethylene and Derivatives Co. (Ethydco) plans to commission its $1.9 billion petrochemical complex at Alexandria by the end of this year, according to Sherif Ismail...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Egypt-to-commission-petchem-complex-end-of-this-year_68798.html
March 17, 2015
US ethylene prices established another record-high spread between Choctaw (Louisiana) and Texas-based Mont Belvieu-Williams (MtB-W) on this week, as tight supply availability in...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Choctaw-ethylene-trading-hits-record-premium-to-Mont-Belvieu-for-second-week_68646.html
March 13, 2015
Tight ethylene supply in Louisiana this week has led to record-high spreads between prices at Choctaw in Louisiana and Mont Belvieu-Williams (MtB-W) in Texas, based on trades today...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Ethylene-trades-on-US-Gulf-Coast-at-record-high-spread-on-tight-supply-in-Louisiana_68557.html
March 13, 2015
Shell Chemicals announced today that it has completed revamping its Wesseling, Germany, steam cracker, improving energy efficiency and boosting production volumes. Modifications to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Shell-Chemicals-completes-cracker-revamp-in-Germany_68550.html
March 12, 2015
Saudi Kayan, a Sabic affiliate, said today that it had to extend its steam cracker maintenance period by an additional 10 days after discovering a technical fault. The company...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Kayan-extends-maintenance-at-Jubail-halts-PE-production_68471.html
March 9, 2015
Chandra Asri (Jakarta) has confirmed that it is carrying out a preliminary study to develop a minirefinery in 2018, which is expected to ease the company’s reliance on naphtha...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Chandra-Asri-plans-back-integration-project-confirms-maintenance-schedule_68381.html
March 5, 2015
Yeochun NCC (YNCC; Seoul) has not been feeding 10% liquefied petroleum gas (LPG) into the company's No. 1 naphtha cracker at Yeosu, South Korea, since early February, a source close to...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Yeochun-NCC-stops-feeding-LPG-into-cracker_68328.html
March 2, 2015
Wood Group (Houston) says it is providing detailed engineering, procurement, and fabrication services for the process control systems required by ExxonMobil Chemical’s multibillion-dollar expansion project at ExxonMobil's Baytown and Mont Belvieu plants near Houston....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Wood-Group-awarded-process-controls-contract-for-ExxonMobil-ethylene-PE-project_68233.html
February 26, 2015
Axiall reiterated on 25 February its recent decision to delay construction of an ethane cracker in Louisiana until after the first quarter because of uncertainty in energy markets. On...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Axiall-Lotte-delay-decision-on-Louisiana-cracker-project_68095.html
February 25, 2015
Westlake reports net income for the fourth quarter of $183 million, up 7% year-over-year (YOY) from $171 million on the advantage of converting from propane to ethane feedstock. Net sales increased 19% YOY to $1.1 billion, mainly on the contribution of Vinnolit Holdings, which Westlake acquired in the third quarter. Earnings of $1.37/share were just shy of the analysts’ consensus of $1.38/share reported by Thomson Reuters (New York) owing to the 3 cnt/share impairment of an equity investment....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Westlake-net-income-up-7-percent-on-feedstock-costs_68045.html
February 25, 2015
Chevron Phillips Chemical (CPChem) has production back up at its Cedar Bayou, TX, steam cracker, according to market sources this week. However, the company would not confirm any...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sources-CPChem-production-back-up-at-Cedar-Bayou_68061.html
February 24, 2015
Westlake Chemical Partners LP (Houston) reports net income of $8.6 million on sales of $274 million for the fourth quarter of 2014. The period was the first full quarter for the business, a master limited partnership formed by Westlake Chemical Corporation to operate, acquire and develop ethylene production facilities. Earnings of 32 cts per limited partner unit were short of the analysts’ consensus estimate of 34 cts/share compiled by Thomson Reuters (New York)....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Westlake-ethylene-MLP-reports-net-income-of-$8-6-million-for-its-first-full-quarter_68048.html
February 24, 2015
Japan produced 614,100 m.t. of ethylene in January 2015, 2.5%, or 16,000 m.t., less than in December 2014 and down 4.6% year-on-year (YOY), or 29,800 m.t., data from the Japan...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Japans-January-ethylene-production-declines-2-5-percent-versus-December_68020.html
February 23, 2015
Four petrochemical units at Feyzin, France, are expected to go into an eight-week maintenance turnaround starting tomorrow, according to local news report. Total operates a refinery at...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Report-Total-Solvay-petchem-JV-in-France-to-start-eight-week-turnaround_68001.html
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