IHS Chemical Week

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

Displaying 121 - 140 of 1063 stories.
February 23, 2015
Braskem has not yet approved its 2015 investment budget, and the company's board has decided to take a couple of extra months to refine it because of the volatility in energy markets...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Braskem-board-yet-to-approve-2015-budget-future-of-Comperj-petchems-project-uncertain_68005.html
February 21, 2015
Chevron Phillips Chemical (CPChem) is expected to restart production over the weekend at its Cedar Bayou, TX facility, according to US olefins sources. The company said in a state...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/CPChem-expected-to-restart-production-at-Cedar-Bayou-this-weekend_67988.html
February 18, 2015
Chandra Asri (Jakarta) plans to maintain production runs at its steam cracker at Cilegon, Indonesia, at about 80% of capacity until a scheduled maintenance program in the third...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Chandra-Asri-to-run-cracker-at-80-percent-of-capacity-until-third-quarter-turnaround_67849.html
February 17, 2015
Sibur announced today that the first foundations have been laid on ZapSibNeftekhim, the company’s biggest investment project being built at Tobolsk, Russia. The ceremony was...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sibur-starts-work-on-its-largest-project-completion-may-take-longer-than-expected_67831.html
February 13, 2015
The immediate result of declining crude oil prices on the petrochemical market has been destocking and a pause in investment, but in the longer term, demand will surge past earlier projections as lower energy costs boost economic growth, and supply will tighten, says Dave Witte, senior v.p. and general manager of IHS Chemical....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Oil-to-drive-near-term-petchem-weakness-longer-term-demand-surge-and-tighter-supply_67771.html
February 12, 2015
Three major steam cracker operators in South Korea have consecutively scheduled maintenance shutdown programs for at least one of their respective crackers over March–June. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Three-Korea-crackers-to-shut-consecutively-in-March-June-for-turnarounds_67744.html
February 12, 2015
Yeochun NCC (YNCC; Seoul) has scheduled maintenance shutdown programs for several of its petrochemical plants at its Yeosu, South Korea, complex between 14 May and 14 June, a source...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Yeochun-NCC-to-shut-several-plants-for-maintenance_67741.html
February 11, 2015
Production of ethylene in the Russian Federation declined by more than 10% during 2014 to a total of 2.4 million m.t. Production in 2013 reached 2.67 million m.t. The main reason for...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Russian-ethylene-production-declines_67740.html
February 11, 2015
Chevron Phillips Chemical (CPChem) said in a state filing today that the EU-1592 and U-1092 cracking units at its Cedar Bayou, TX, olefins facility will start back up from planned...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/CPChem-to-restart-Cedar-Bayou-cracker_67702.html
February 10, 2015
Williams Partners says it is manufacturing ethylene for sale at its expanded ethane cracker at Geismar, LA. The 855,000-m.t./year plant has been out of service since an explosion in June 2013....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Williams-confirms-Geismar-ethylene-plant-in-service_67688.html
February 9, 2015
According to sources in the market, Williams has begun the process of delivering ethylene from its ethane cracker at Geismar, LA, which has been out of service since June 2013. If production is underway, it will bring substantial relief to Louisiana’s ethylene market, which has been extremely tight since the Evangeline ethylene pipeline went offline last month, IHS Chemical says....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Williams-Geismar-restart-to-mitigate-Evangeline-outage-IHS-Corrected_67655.html
February 8, 2015
Saudi Kayan, a Sabic affiliate, said on Sunday that the Ministry of Petroleum has allocated more ethane gas to the company, which will be used to increase capacity of its steam cracker...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Saudi-Kayan-to-debottleneck-cracker-ethylene-oxide-plant_67632.html
February 6, 2015
Tosoh expects its steam cracker at Yokkaichi, Japan, to resume normal production tomorrow. Output at the cracker was reduced early this week to about 80% of capacity because of...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Tosoh-to-restore-Yokkaichi-cracker-runs_67599.html
February 5, 2015
Ethylene spot prices have been moving higher in the United States this week due to uncertainty over operations at Shell Chemicals’ Norco, LA GO-1 steam cracker and flaring at Dow...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Ethylene-up-in-US-on-uncertainty-over-Louisiana-Texas-facilities_67560.html
February 5, 2015
ENI (Rome) has confirmed to CW that its chemical subsidiary, Versalis (Milan), has restarted its 490,000-m.t./year steam cracker at Porto Marghera, Italy and that the cracker is...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Versalis-restarts-Porto-Marghera-cracker-starts-supplying-Shell_67528.html
February 5, 2015
Haldia Petrochemicals Ltd. (HPL; Kolkata, India) plans to operate its steam cracker at 100% of capacity after it was restarted on 29 January following a six-month hiatus, a source...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Haldia-Petrochemicals-targets-100-percent-cracker-runs-after-late-January-restart_67513.html
February 3, 2015
Williams Partners (Tulsa, OK) says it expects to begin manufacturing ethylene at its expanded Geismar plant for sale in February. The company originally planned to start the plant, which has been offline since June 2013, in November, but problems arose during the final stages of commissioning....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Williams-to-produce-ethylene-at-Geismar-for-sale-in-February_67455.html
February 3, 2015

LyondellBasell’s fourth-quarter earnings have beaten the analysts’ consensus estimate by 15%, with lower feedstock costs more than making up for lower product prices. However, the company expects lower crude oil prices to pressure margins in the year ahead. Fourth-quarter earnings from continuing operations totaled $796 million, down 32% year-over-year (YOY) from $1.177 billion. Sales totaled $10.29 billion, down 8% YOY from $11.138 billion. The quarter included a $715 million non-cash, pre-tax charge for the impact of a lower-of-cost-or-market (LCM) inventory adjustment.

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http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/LyondellBasell-beats-consensus-by-15-percent-as-lower-feedstocks-make-up-for-product-prices_67452.html
February 2, 2015
Formosa Petrochemical Corp. (FPC) raised production at its three steam crackers at Mailiao, Taiwan, from 90% to 95% of capacity at the end of January, a source close to the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Formosa-raises-cracker-runs-to-95-percent-of-capacity-in-late-January_67391.html
February 1, 2015
Saudi Kayan, a Sabic affiliate, said on Sunday that it plans to shut several units at its petrochemicals complex at Jubail for a scheduled maintenance in February and October. Kayan...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Saudi-Kayan-to-shut-several-units-for-maintenance_67386.html
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