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

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November 4, 2014
Repsol (Madrid) declared force majeure on ethylene at its 702,000-m.t./year steam cracker at Tarragona, Spain on 31 October, according to various reports. Unindentified technical...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Reports-Repsols-Tarragona-cracker-has-production-difficulties_65108.html
November 3, 2014
Executives at Boardwalk Pipeline Partners (Houston), the new operator of the Evangeline ethylene pipeline—expected to be offstream through this month and possibly into...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Boardwalk-Pipeline-Revenue-impact-of-Evangeline-ethylene-pipe-leak-not-material_65059.html
November 3, 2014
Ethylene production in the United States totaled 13.7 billion lbs in the third quarter, up 3% from 13.3 billion lbs in the prior quarter, according to the latest production figures...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/AFPM-US-production-of-ethylene-fell-YOY-in-third-quarter_65055.html
November 2, 2014
Indian Oil (New Delhi) is developing a cracker project on the east coast of India based on shale gas ethane from the United States, CW has learned. S. Mitra, executive...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Indian-Oil-mulls-cracker-based-on-US-shale-gas-revives-acetic-acid-project-to-hike-SBR-capacity_65042.html
October 31, 2014
Europe's November ethylene contract price settled at €1,060/m.t. ($1,349) del northwest Europe (NWE), down €90/m.t. on October. The November propylene contract price also...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/November-olefin-contract-prices-settle-down-&euro90m-t-in-Europe_64959.html
October 30, 2014
A July ethylene outage at the company’s Port Arthur, TX, facility took a large chunk out of Chevron Phillips Chemical’s (CPChem; The Woodlands, TX) third-quarter earnings. Phillips 66 reports that its chemical segment, a 50% equity interest in CPChem, turned in earnings of $230 million for the third quarter, a 29% year-over-year (YOY) decline from $324 million....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/CPChem-earnings-down-29-percent-on-Port-Arthur-outage_64958.html
October 29, 2014
All major construction work related to the rebuild of Williams' (Tulsa, OK) damaged steam cracker at Geismar, LA—including an expansion project and safety-related equipment...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Williams-rebuilt-expanded-Louisiana-cracker-in-final-stages-of-commissioning-and-start-up_64889.html
October 29, 2014
Nova Chemical reports third-quarter income of $259 million, up 116% year-over-year (YOY) from $120 million, with all segments contributing to the gain. Sales totaled $1.427 billion, up 13% YOY from $1.263 billion....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Nova-doubles-third-quarter-income_64899.html
October 28, 2014
Westlake has held a dedication ceremony to celebrate the expansion of the company's Calvert City, KY, vinyls complex. Westlake spent in excess of $300 million for the project. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Westlake-dedicates-ethylene-PVC-expansions-in-Kentucky_64847.html
October 24, 2014
Westlake says it will invest over $330 million to expand ethylene capacity at its facility in Lake Charles, LA, by 250 million lbs/year and to make other capital improvements. The company expects to complete the expansion in late 2015 or early 2016....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Westlake-plans-$330-million-ethylene-expansion-improvements-at-Lake-Charles_64738.html
October 22, 2014
Braskem (São Paulo) has restarted its steam cracker at Santo André in São Paulo State, after a planned 39-day turnaround for general maintenance, Braskem tells CW...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Braskem-restarts-cracker-in-Brazil-after-major-turnaround_64667.html
October 16, 2014
Production of olefins increased in Western Europe in the second quarter of 2014 compared with the corresponding quarter of last year, but output slipped compared with the previous...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Europes-olefins-output-increases-year-on-year-slips-sequentially_64553.html
October 15, 2014
Boardwalk Pipeline Partners has shut down the Evangeline ethylene pipeline to repair a leak discovered on 10 October. The leak, which the company describes as a “small pin-hole,” was found in a rural area in Cameron Parish, LA. The company expects the pipeline, which delivers ethylene from Port Neches, TX, to Baton Rouge, LA, to be back in operation next week....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Boardwalk-shuts-Evangeline-ethylene-pipeline-to-fix-leak_64509.html
October 10, 2014
Spot ethylene deals were concluded in Europe as high as €985/m.t. del. ($1,254/m.t.) on Wednesday, following Shell's force majeure declaration ethylene after an incident...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Ethylene-spot-up-in-Europe-on-the-back-of-Shell-Moerdijk-force-majeure_64459.html
October 10, 2014
The emerging energy framework driven by shale oil and gas in North America is changing the competitive dynamics of the worldwide petrochemical industry, leaving regions such as Europe...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/EPCA-2014-Europe-may-adapt-to-increased-petchem-imports-from-US_64274.html
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
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