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Archives :: Markets :: Basic Chemicals :: Petrochemicals :: Ethylene
Displaying 1 - 20 of 706 stories.
May 23, 2013
Since early April, the BASF-Total steam cracker has been able to produce up to 40% of its ethylene from ethane and another 40% from butane and propane....http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/BASF-Total-Port-Arthur-steam-cracker-to-process-ethane_52267.html May 21, 2013
Financial results from commodity and diversified firms continue to reflect persistent weakness in the global economy, although expanding ethylene margins have helped many stave off...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/First-quarter-profits-pressured-despite-strong-ethylene-margins_52111.html May 9, 2013
Braskem's first quarter earnings totaled R$227 million ($113 million), up 49% year-over-year (YOY) from R$152 million, but down 18% sequentially from R$275 million in the fourth quarter of 2012....http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Braskem-first-quarter-net-income-up-49-percent_51886.html May 8, 2013
Williams Partners (Tulsa, OK) on Tuesday reported first-quarter net income of $321 million, down 21% year-over-year (YOY). “NGL margins declined 50% from the first-quarter...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Williams-Partners-net-income-down-YOY-on-NGL-margins-offset-by-olefins_51837.html May 7, 2013
Increased margins in the olefins/polyolefins business unit offset a $22 million write-off....http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Nova-posts-first-quarter-earnings-of-$185-million-down-1-6-percent-YOY_51822.html May 7, 2013
Kuwait’s previously announced Olefins III project is expected to require an investment of $8–9 billion, according to a report from state news agency Kuna. Preparations for...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Report-Kuwaits-Olefins-III-project-estimated-to-cost-$8-9-billion_51809.html May 7, 2013
(This story has been corrected. An earlier version stated that Westlake's first quarter net income increased by 190% YOY, whereas the actual increase was 40%. We regret the...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Westlake-earnings-leap-40-percent-YOY-beat-street-estimate-corrected_51768.html May 3, 2013
A fire at an ethylene purification unit at Formosa Plastics’ complex at Point Comfort, TX yesterday, injured 14 people. Eight of the injured have been treated and released as of Friday morning, according to a company spokesperson. The fire occurred in an ethylene purification area near the site’s “PE 1” high-density polyethylene (HDPE) production unit. ...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Fire-injures-14-at-Formosas-Point-Comfort-TX-site_51743.html April 30, 2013
CW has learned that Ineos is at an advanced stage of discussions with an unnamed party to transfer the Kerling chlor-vinyls business into a joint venture, which would become one of the...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Ineos-to-hive-off-vinyls-into-joint-venture-Rafnes-cracker-to-stay-with-Ineos_51595.html April 29, 2013
Rosneft (Moscow) and Mitsui & Co. have signed a memorandum of understanding (MOU) to develop jointly Rosneft's previously announced Far East Petrochemical Co. (Fepco) project near...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Rosneft-Mitsui-sign-MOU-to-develop-petchem-project-in-Russian-far-east_51563.html April 29, 2013
Pemex's petrochemical products generated 7.64 billion Mexican pesos ($618 million) in domestic sales for the group during the first quarter of 2013, the company has announced. The...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Pemexs-petchem-production-volume-falls-7-1-percent-during-the-first-quarter_51558.html April 26, 2013
Shell Chemicals' steam cracker at Moerdijk, Netherlands, is experiencing technical difficulties that have delayed the plant's restart following planned maintenance, unconfirmed reports...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Reports-Technical-difficulties-delay-restart-of-Shells-Moerdijk-cracker_51527.html April 25, 2013
Construction has started at Yacimientos Petrolíferos Fiscales Bolivianos's (YPFB; La Paz) previously announced ammonia and urea project in the department of Cochabamba...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Bolivias-YPFB-breaks-ground-on-urea-project_51441.html April 22, 2013
Iran manufactured 40 million m.t. of petrochemicals between March 2012 and March 2013. Of this total, 28 million m.t. were available for export, and about 15.8 million m.t. were...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Report-Iran-produced-40-million-m-t-of-petrochemicals-in-2012-13_51326.html April 19, 2013
Versalis (Milan), the chemicals business of ENI (Rome), has outlined a major transformation program that aims to shift the company's portfolio from one dominated by commodities toward...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Versalis-announces-transformation-plan-mulls-import-of-US-gas_51306.html April 18, 2013
Honeywell’s UOP unit has licensed its methanol-to-olefin (MTO) to Jiangsu Sailboat Petrochemical (Jiangsu, China) for a project in Lianyungang, in China's Jiangsu...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Honeywells-UOP-methanol-to-olefin-technology-licensed-in-China_51279.html April 18, 2013
Sabic Europe (Sittard, Netherlands) has announced a major restructuring of its operations, resulting in 1,050 job cuts. Sabic employees represent two-thirds of the cuts announced...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sabic-restructures-European-operations-cuts-more-than-1000-jobs_51273.html April 17, 2013
Sibur (Moscow), Russia’s largest petrochemicals company, has outlined its investment plans and announced the completion of a 500,000-m.t./year polypropylene (PP) plant at...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sibur-readies-world-scale-PP-plant-to-decide-soon-on-major-olefins-complex_51212.html April 15, 2013
In a bid to beat the crowd of ethane cracker projects destined for the United States, Sasol has ordered the main ethylene compressor trains of its Lake Charles, LA, $5–7-billion...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sasol-orders-compressors-licenses-process-technology_51120.html April 12, 2013
Braskem (São Paulo) says it will start a training program for the employees of its Idesa plant in Nanchital, Mexico, in May. A total of 400 industrial workers will have to be...http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Braskem-to-start-training-of-workers-for-its-Mexican-petrochemical-complex_51148.html |
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