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

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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.

...

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
June 18, 2015
Boardwalk Pipeline confirmed today that its Evangeline ethylene pipeline was back at full operations. The return to full operations was in line with the timeframe laid out earlier...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Boardwalk-at-full-operations-on-Evangeline-Pipeline_71457.html
June 18, 2015
A consortium comprising the Russian Direct Investment Fund (RDIF) and leading international investors, have agreed to invest in the development of ZapSibNeftekhim, Sibur’s...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sibur-secures-funds-for-its-largest-petchems-project-planned-at-Tobolsk_71453.html
June 17, 2015
Axiall (Atlanta) and Lotte Chemical (Seoul) have settled on arrangements for a joint venture to build and operate a 1 million m.t./year ethane cracker in Louisiana. The partners expect later this year to make a final investment decision on the project, which was first announced in February 2014....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Axiall-and-Lotte-advance-US-cracker-plans_71420.html
June 17, 2015
Boardwalk Pipeline Partners (Houston) says that its Evangeline ethylene pipeline is expected to resume partial commercial operations today and full commercial operations on 17 June at...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Boardwalk-to-resume-full-commercial-operations-on-Evangeline-pipeline-this-week_71378.html
June 15, 2015
Shell Chemicals has completed the purchase of a site in Monaca, PA, for its planned Appalachian petrochemical complex, according to Horsehead Holding, the seller....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Shell-closes-purchase-of-site-for-Appalachian-petrochemical-project_71334.html
June 15, 2015
Yeochun NCC (YNCC; Seoul) has begun the process to restart its No. 1 naphtha cracker at Yeocheon, South Korea, after the plant was shut on 14 May for regular maintenance, a source...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Yeochun-NCC-restarting-No-1-cracker-butadiene-unit-online_71291.html
June 12, 2015
Reliance Industries (RIL, Mumbai) expects to start up its new 1.15 million m.t./year purified terephthalic acid  (PTA) plant at Dahej by October, says Mukesh Ambani, chairman and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Reliance-plans-to-start-up-Dahej-PTA-plant-by-October_71226.html
June 12, 2015
Williams Partners' has achieved on-spec ethylene this week at its Geismar, LA, olefins plant, according to market participants. A source close to the company said last week that the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Williams-Geismar-unit-achieves-on-spec-ethylene_71202.html
June 8, 2015
ChevronPhillips Chemical's (CPChem) ethylene unit 22 at its Sweeny, TX, facility was returning to service this past weekend after being forced to shut down on 5 June, according to a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/CPChems-Sweeny-ethylene-unit-returning-to-service-after-short-lived-shutdown_71093.html
June 8, 2015
Sasol Chemicals’ $8.1-billion ethylene project at Lake Charles, LA, continues to move forward. Kansas City Southern Railway (KCSR) announced Monday that it has agreed to build a storage-in-transit rail yard to support the project. KCSR will also replace and expand its existing railcar classification yard at Mossville, LA. Sasol will lease the yard long term....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sasol-signs-agreement-for-rail-service-to-Lake-Charles-ethylene-project_71072.html
June 5, 2015
Shell Chemicals expects that product from the company's Moerdijk, Netherlands 940,000-m.t./year steam cracker will be available from mid-July, the company confirmed today. “We...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Shell-expects-output-from-Moerdijk-cracker-to-be-available-from-mid-July_71034.html
June 5, 2015
The Dangote Group (Lagos), one of the most diversified business conglomerates in Africa, is planning to build a $4-billion petrochemical complex at Lekki, near Lagos, CW has learned...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Dangote-to-build-world-scale-cracker-polyolefin-plants-in-Nigeria_71030.html
June 4, 2015
Williams Partners' now plans to restart ethylene production at its Geismar, LA olefins plant this weekend, according to a source close to the company. The restart was expected on...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Williams-to-restart-Geismar-ethylene-production-this-weekend-sources-say_71021.html
June 3, 2015
Westlake Chemical Partners (WLKP) says regulations proposed last month by the IRS would unfairly affect its shareholders and those of Westlake Chemical (WLK) by reversing a private-letter ruling (PLR) that the master limited partnership (MLP) would be eligible for key federal tax benefits....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Westlake-says-proposed-MLP-regulations-unfair-to-shareholders_70978.html
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