IHS Chemical Week

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

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May 7, 2014
Empresa Nacional del Petróleo (ENAP; Santiago) will close its steam cracker at Hualpén, Chile, and a Dow Chemical subsidiary in the country will shutter its low-density...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Reports-Dow-and-ENAP-to-close-units-in-Chile_60859.html
May 7, 2014
There is a ready market for a second ethane cracker at Williams’s Geismar, LA, site, says Steve Lewandowski, senior director/global olefins at IHS Chemical. Ethylene is short in Louisiana, and there is a long list of ethylene consumers that would benefit from participation in the proposed venture, he says....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/IHS-Second-Williams-cracker-at-Geismar-would-address-regional-ethylene-shortage_60838.html
May 6, 2014
Westlake Chemical (Houston) reports net income for the first quarter of $158 million, up 28% year-on-year on improved olefin margins and volumes. Earnings totaled $1.18/share, 4% above the analysts’ consensus estimate as compiled by Thomson Reuters....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Westlake-income-up-28-percent-as-olefins-gain-offsets-vinyls-loss_60780.html
May 6, 2014
A new methane-to-ethylene process developed by Siluria Technologies appears to be both technologically and economically viable, and it could improve the relative cost position of ethylene producers in Europe and Asia, say analysts at IHS....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/IHS-Model-shows-strong-economics-for-Silurias-methane-to-ethylene-process_60784.html
May 2, 2014
From a supply and demand standpoint, there will be no fundamental change to the US ethylene system as a result of Westlake Chemical’s move to carve out its ethylene assets into a Master Limited Partnership (MLP)....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/INSIGHT-Westlake-ethylene-MLP-leverages-tax-advantages-and-frees-capital-for-investment_60711.html
May 2, 2014
LyondellBasell Industries has received a key permit required in the company's ethylene expansion program, the company announced today. The investments are expected to provide an...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/LyondellBasell-gets-permit-for-ethylene-expansion-at-Corpus-Christi_60762.html
May 1, 2014
Williams is considering the construction of a second ethane cracker at its Geismar, LA, facility. The company currently envisions a greenfield project in which joint-venture partners would build associated derivative capacity....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Williams-looks-at-joint-venture-ethane-cracker-for-Geismar_60747.html
May 1, 2014
Nova Chemicals reports first quarter profit of $245 million, up 32% year-over-year (YOY) on gains in the olefins/polyolefins business unit. Sales totaled $1.38 billion, up 10% YOY....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Nova-Chemicals-profits-up-32-percent-on-polyethylene-earnings_60729.html
May 1, 2014
Sasol Chemicals (USA) and Boardwalk Louisiana Midstream (BLM), a unit of Boardwalk Pipeline Partners, have signed long-term ethane and ethylene storage and transportation agreements...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Sasol-signs-storage-transportation-agreements-with-Boardwalk-Louisiana-Midstream_60718.html
April 30, 2014
Dow Chemical said on Wednesday that its ethylene production facilities at Plaquemine, LA experienced two separate process incidents during the week of 20 April. The incidents resulted...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Dows-Plaquemine-complex-suffers-disruption-ethylene-supply-curtailed-for-3-4-weeks_60714.html
April 29, 2014
Lion Copolymer (Geismar, LA) has completed an engineering study for the addition of an ethylene propylene diene monomer production line at its facility at Geismar. The company says it is also considering how to strengthen its raw materials position, including shared investment in a new ethane cracker....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Lion-Copolymer-plans-US-EPDM-expansion-considers-share-of-ethane-cracker_60677.html
April 24, 2014
A groundbreaking ceremony has been held for a project that includes an ethane cracker, and polyethylene (PE) and polypropylene (PP) production facilities, at Kiyanly, Turkmenistan...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Groundbreaking-ceremony-held-for-$3-4-billion-petchem-complex-in-Turkmenistan_60487.html
April 15, 2014
Shintech, the US subsidiary of Shin-Etsu Chemical (Tokyo), has applied to the Louisiana Department of Environment Quality for a permit to build a 500,000-m.t./year ethylene plant. The company says it has not chosen a site, but a leading candidate will be land already owned by Shintech....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Shintech-seeks-permit-for-Louisiana-ethylene-plant_60314.html
April 3, 2014
Chevron Phillips Chemical (CPChem; The Woodlands, TX) has broken ground on its US Gulf Coast (USGC) Petrochemicals Project at the Cedar Bayou plant in Baytown, TX....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Chevron-Phillips-Chemical-breaks-ground-on-planned-Cedar-Bayou-cracker_60071.html
April 3, 2014
Maire Tecnimont (Rome) says its subsidiary Kinetics Technology has been awarded two contracts by Total Olefins Antwerp for the implementation of its refinery offgas project at Antwerp...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Total-Olefins-Antwerp-awards-feedstock-enhancement-contract-to-Maire-Tecnimont_60044.html
April 1, 2014
Gazprom Neftekhim Salavat (Salavat, Russia) has commissioned a new ethylene furnace at its Salavat based petrochemical complex. The new generation SRT-VI furnace was delivered by...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Russian-petchem-producer-commissions-ethylene-furnace_59974.html
March 31, 2014
Asia will remain the center of olefins demand growth at least in the foreseeable future. The region accounts for 3.9 billion, or 55%, of the world’s potential chemical and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/IHS-WPC-2014-Lack-of-resources-limits-Asias-olefin-output-potential_59935.html
March 31, 2014
CB&I today detailed its contract award by Oman Oil Refineries and Petroleum Industries Co. (Orpic; Muscat). CB&I’s contract, valued in excess of $40 million, covers the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/CB-and-I-details-Orpics-petchems-project-award-in-Oman_59933.html
March 28, 2014
Ineos’s plans, confirmed and detailed yesterday, to convert its Grangemouth, UK, olefins complex to consume cheap shale-based ethane feedstock imported from the United States...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Ineos-director-Grangemouth-ethane-investment-will-buy-15-years-of-competitiveness_59916.html
March 28, 2014
Ineos today announced new milestones in its previously reported £300-million ($499.3 million) survival plan at the company’s Grangemouth complex, in the United Kingdom. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/ethylene/Ineos-to-close-plants-at-Grangemouth-convert-complex-to-shale-based-feedstock_59879.html
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