IHS Chemical Week

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

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December 17, 2014

OxyChem (Dallas, TX) and Mexichem (Tlalnepantla, Mexico) say that their 50-50 jv, Ingleside Ethylene, began construction of its 540,000 m.t./yr ethane cracker at OxyChem’s Ingleside, TX, complex in the second quarter of 2014. The $1.5 billion project remains on schedule to begin commercial production in the first quarter of 2017, they say.

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http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/OxyChem-Mexichem-cracker-jv-has-begun-construction_66275.html
December 17, 2014
Restarting Versalis's (Milan) Porto Marghera, Italy naphtha cracker is feasible, given that the company has not laid off any of the plant's employees, under the terms of an agreement...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Porto-Marghera-cracker-restart-is-feasible-would-make-ethylene-market-balanced-to-long-market-source_66243.html
December 17, 2014
Sinopec says that its Maoming olefins facility has increased its operating rates and is expected to produce a total of 1.14 million m.t. of ethylene during this year. Sinopec Maoming...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sinopec-ups-ethylene-production-at-Maoming-complex_66238.html
December 15, 2014
US ethylene prices continue to fall despite production issues over the weekend at Chevron Phillips Chemical’s Sweeny complex in Old Ocean, TX; and Dow Chemical’s Freeport, TX, facility. According to IHS Chemical, ethylene was trading Monday morning at 39.5 cts/lb del US Gulf Coast, down from Friday’s notional value of 41–42 cts/lb...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/US-ethylene-declines-despite-production-issues-at-CPChem-and-Dow_66185.html
December 11, 2014

Chevron Phillips Chemical (CPChem; The Woodlands, TX) has completed the installation of a tenth furnace to ethylene unit 33 at its Sweeny complex in Old Ocean, TX. The company expects the new furnace to increase Sweeny’s ethylene production capacity by 90,000 m.t./year to a total of 1.95 million m.t./year.

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http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Chevron-Phillips-completes-Sweeny-ethylene-expansion_66083.html
December 11, 2014
Yeochun NCC (YNCC; Seoul) plans to start feeding up to 10% liquefied petroleum gas (LPG) into the company's No. 1 naphtha cracker at Yeosu, South Korea, from early January, a source...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Yeochun-NCC-plans-to-use-LPG-at-Korea-cracker-from-early-January_66074.html
December 10, 2014
Japan's ethylene production totaled 588,400 m.t. in November, down 1.7% year-on-year from 598,600 m.t., according to figures released by the Ministry of Economy, Trade, and Industry...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Japans-ethylene-output-down-1-7-percent-in-November_66038.html
December 2, 2014

Williams Partners expects its expanded Geismar plant to begin producing ethylene for sale this month, says John Dearborn, senior v.p./NGL and petchem services.

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http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Williams-Geismar-plant-to-produce-ethylene-for-sale-this-month_65778.html
November 28, 2014
Europe's December ethylene contract has been confirmed settled at €1010/m.t. del ($1,261.50), down €50/m.t. from November, according to IHS Chemical data.  In addition...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Europes-December-ethylene-and-propylene-contracts-settle-down_65724.html
November 21, 2014
Petkim (Aliaga, Turkey) has completed a $144-million ethylene capacity expansion at its Aliaga site, the company has announced. The facility’s output capacity has increased by...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Petkim-completes-ethylene-expansion-at-Turkish-site_65625.html
November 18, 2014
Westlake Chemical Corp. has awarded a contract to Technip for a previously announced ethylene expansion project at Lake Charles, LA. The contract covers detailed engineering and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Westlake-awards-ethylene-expansion-contract-to-Technip_65496.html
November 17, 2014
A fire at Shell’s Norco, LA, refinery on 13 November sparked a rally in ethylene markets late last week. St. Charles Parish Emergency Operations Center reported on 13 November...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Shell-Norco-fire-ignites-spot-ethylene-rally_65474.html
November 13, 2014
Two new liquefied natural gas (LNG) powered sea vessels were launched on Teesside today. Operated by shipowner Anthony Veder, the new ships will carry liquefied ethylene gas from...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/New-vessels-launched-to-ship-Sabics-ethylene-produced-in-the-UK_65311.html
November 12, 2014
Technip said today that Sasol has awarded it a contract to provide engineering and procurement services for eight Technip proprietary Ultra Selective Conversion furnaces for a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sasol-awards-ethylene-furnace-contract-to-Technip_65044.html
November 12, 2014
Indorama Ventures (Bangkok), a major producer of polyester, plans to further back integrate to ethylene production and is in discussions with partners to build a greenfield ethylene...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Indorama-plans-shale-cracker-JV-in-the-US-another-MEG-plant_65314.html
November 12, 2014
LyondellBasell Industries will invest about €200 million to modernize its petrochemical site at Berre, France, following the permanent closure of the company's refinery at the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/LyondellBasell-to-invest-&euro200-million-at-Berre-site_65313.html
November 10, 2014
Idemitsu Kosan (Tokyo) restarted its 687,000-m.t./year steam cracker at Tokuyama, Japan, this weekend, according to media reports. The cracker was offline since October following an...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Idemitsu-Kosan-restarts-Tokuyama-cracker_65257.html
November 10, 2014
Chevron Phillips Chemical (CPChem; The Woodlands, TX) says it has begun the process of restarting the ethylene plant at its Port Arthur, TX, facility. The company expects the plant to be running at full capacity by the end of the year....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/CPChem-restarts-Port-Arthur-TX-ethylene-plant_65276.html
November 7, 2014
Japan's ethylene production dropped to 6.1 million m.t. last year from 7.2. million m.t. in 2007, according to a recent report published by the Ministry of Economy, Trade, and Industry...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Japan-government-seeks-to-align-ethylene-production-with-shrinking-demand_65222.html
November 7, 2014
Shell Chemical is exercising its option to buy a site in Monaca, PA, for a potential world-scale ethylene and derivatives project, according to Horsehead Holding, owner of the site. The deal brings the project, which would include an ethane cracker and polyethylene plants, one step closer to realization. However, Shell has not made a final investment decision....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Shell-to-buy-site-in-Monaca-PA-for-cracker-project_65228.html
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