IHS Chemical Week

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

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October 10, 2014
Worldwide demand growth for key petrochemical building blocks is expected to be healthy in the coming years, says Mark Eramo, v.p./chemical industry insights at IHS Chemical...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/EPCA-2014-Healthy-outlook-for-petchem-demand-growth-and-industry-profitability_64273.html
October 10, 2014
The huge buildup of shale-based petrochemical capacity in the United States later this decade will trigger substantial exports of cost-advantaged ethylene derivatives to Europe and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/EPCA-2014-How-Europes-petchem-industry-can-stay-competitive_64287.html
October 10, 2014
Versalis (Milan) has confirmed plans to enhance the feedstock flexibility of the company's Dunkirk, France, steam cracker to enable the plant to consume low-cost ethane imported from...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/EPCA-2014-Versalis-confirms-conversion-of-Dunkirk-cracker-to-consume-US-ethane_64280.html
October 8, 2014
Boardwalk Pipeline Partners has completed the $295-million acquisition of Chevron Petrochemical Pipeline, which owns the Evangeline ethylene pipeline system. The pipeline will be operated by Boardwalk Louisiana Midstream (BLM), a subsidiary....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Boardwalk-completes-acquisition-of-Evangeline-ethylene-pipeline_64355.html
October 8, 2014
PTT Global Chemical (Bangkok) has partnered with Marubeni (Tokyo) to develop an ethane cracker and derivatives project in the Marcellus Shale region of the United States, says a local report. According to the Pittsburgh Post-Gazette, quoting unnamed sources, the partners are considering three locations: the Mon River Industrial Park at Allenport, PA; and a site each in West Virginia and Ohio....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Reports-PTTGC-partnering-with-Marubeni-on-Marcellus-cracker-project_64108.html
October 1, 2014
An accident occurred at PKN Orlen's (Płock, Poland) olefins production plant at Płock this morning, the company has confirmed. A small ignition of gaseous hydrocarbon components took...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Accident-at-PKN-Orlens-olefins-unit-injures-six_64201.html
September 30, 2014
Borealis and Neste Jacobs (Porvoo, Finland) have signed an agreement, under which Neste Jacobs will provide engineering, procurement, and construction management services for an...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Borealis-selects-Neste-Jacobs-to-upgrade-Stenungsund-cracker-to-use-more-ethane_64140.html
September 29, 2014
Nova Chemicals has agreed to be the anchor shipper for Kinder Morgan Energy Partners’ Utica to Ontario Pipeline Access (Utopia) project, which will carry ethane and ethane-propane mixtures from the Utica shale basin to Nova’s Corunna, Ontario, facility. The pipeline, slated to begin operation in early 2018, will extend the range of shale-advantaged feedstocks available to Nova’s Corunna steam cracker, which has been receiving ethane from the Marcellus shale since early 2014....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Novas-Corunna-cracker-to-receive-Utica-shale-ethane-via-Utopia-pipeline_64119.html
September 24, 2014
LyondellBasell Industries is evaluating a further expansion project at Channelview, TX, to add up to 550 million lbs/year of ethylene. Preliminary engineering work is under way and, if...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/LyondellBasell-planning-further-ethylene-expansion-at-Channelview_63961.html
September 24, 2014
Versalis (Milan), the chemicals subsidiary of ENI (Rome), has confirmed that it will not restart operations at the company's naphtha cracker at Porto Marghera, Italy. The cracker...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Versalis-makes-Porto-Marghera-cracker-closure-permanent_63963.html
September 23, 2014
Sibur (Moscow), Russia’s largest petrochemicals player, last week signed a cooperation agreement with the government of the Amur region, in Russia's Far East, covering a proposed...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sibur-will-seek-partners-for-petchems-project-in-Russias-Far-East_63920.html
September 16, 2014
Sibur (Moscow), Russia’s largest petrochemical company, said today that, following the completion of the front-end engineering design (FEED) contracts and assessment of the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sibur-proceeds-with-$9-5-billion-petchem-project-at-Tobolsk_63837.html
September 4, 2014
Boardwalk Pipeline Partners (Houston) has agreed to acquire Chevron Petrochemical Pipeline, which owns the Evangeline ethylene pipeline system, for $295 million in cash. The acquisition is expected to close in the fourth quarter, Boardwalk says....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Boardwalk-to-acquire-Evangeline-ethylene-pipeline-for-$295-million_63623.html
August 29, 2014
Odebrecht’s (Salvador, Brazil) Appalachian Shale Cracker Enterprise (Ascent) steam cracker project continues to move forward with the acceptance of its voluntary remediation application by the West Virginia Department of Environmental Policy (WVDEP). The agency says its office of environmental remediation and Ascent are currently negotiating an agreement for the identification of health and ecological risks associated with current and potential future uses of the site and the establishment remediation standards....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Odebrechts-Ascent-cracker-project-negotiates-remediation-agreement-with-WVDEP_63505.html
August 28, 2014
Start up company Appalachian Resins (Houston) is leasing land in Salem Township, OH for a proposed $1-billion ethylene and polyethylene (PE) production facility. Appalachian Resins had...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Appalachian-Resins-leases-land-in-Ohio-for-$1-billion-project_63456.html
August 27, 2014
Reliance Industries (Mumbai) said today that its Hazira, India, ethylene plant will be shut down for a planned turnaround. The plant, currently Reliance’s largest ethylene...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Reliance-Industries-plans-turnaround-at-its-largest-cracker_63413.html
August 15, 2014
Sabic has announced that it is going ahead with majorly upgrading its olefins plant at Wilton, UK, to enable it to use ethane gas feedstock imported from the United States. The company...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sabic-proceeds-with-converting-UK-cracker-to-use-US-ethane_63232.html
August 14, 2014
Borealis today reported improved second-quarter results and said that the recently signed contract with North American ethane suppliers will reduce its operating costs in Europe. Mark...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Borealis-reports-improved-results-says-ethane-deal-will-reduce-costs-significantly_63180.html
August 12, 2014
Nova Chemicals reports second-quarter profit of $167 million, down 17% year-on-year (YOY) from $201 million, with lower margins in the olefins segments partially offset by higher margins in polyethylene. Sales slipped 5.8%, to $1.29 billion....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Nova-quarterly-profit-down-17-percent-PE-gains-offset-by-weak-olefins_63126.html
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