IHS Chemical Week

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

Displaying 41 - 52 of 1286 stories.
September 6, 2016
Williams Partners (Tulsa, Oklahoma) is looking at ways to monetize its share of the Geismar, Louisiana, olefins plant and complex, according to a statement issued on 6 September. Williams Partners says the options include sale or a long-term, fee-for-service tolling agreement. The proceeds of a sale would be used to reduce debt and planned equity issuances, says the company....
September 5, 2016
ChemChina and Rosneft have signed an agreement setting out the framework for implementation of the Far-Eastern Petrochemical Co. project, located near the city of Nakhodka, Russia....
September 1, 2016
LG Chem will restart its Yeosu, South Korea, naphtha cracker late today, after a brief shutdown, a company source tells Oil Price Information Service, an IHS Markit company. The...
August 31, 2016
Japan's two leading oil refiners and producers of petrochemicals—JX Holdings Inc. (Tokyo) and TonenGeneral Sekiyu K.K. (Tokyo)—today announced that they have finalized an agreement to merge as of 1 April 2017, forming the biggest refiner in the country....
August 30, 2016
PCS will shut its No. 2 naphtha cracker at Jurong Island, Singapore, in the first half of September for minor repairs....
August 29, 2016
Indorama Ventures' (Bankgok, Thailand) majority-owned Lake Charles, Louisiana, gas cracker has received an air permit from authorities in the United States, an important step in maintaining the plant's start-up schedule, the company announced Monday....
August 28, 2016
Sadara Chemical (Sadara; Al-Jubail, Saudi Arabia), a joint venture between Saudi Aramco and Dow Chemical, on Sunday announced the start-up of its mixed feed cracker, the core unit of the company's $20-billion project....
August 28, 2016
China Petroleum & Chemical Corp. (Sinopec) reports 19.9 billion renminbi ($3.0 billion) in net profit for the first half of 2016, down 21.6% year on year (YOY), according to the...
August 25, 2016
The Texas Railroad Commission ruled on 24 August that Westlake Chemical Corp. cannot charge Eastman Chemical Co. a market-based price for using a common-carrier ethylene pipeline between Longview and Mont Belvieu, Texas, putting to rest a three-year-old dispute between the two companies. By a vote of two to one, the commission has set the rate that Westlake may charge at $2.45 per 100 pounds—below the $3.50 sought by Westlake but higher than the original rate of $1.90....
August 24, 2016
Borealis AG, a producer of polyolefins, base chemicals, and fertilizers, on Wednesday announced 12% lower second-quarter net profit and 10% lower consolidated sales of €309 million ($348.5 million) and €2.2 billion, respectively, still the company's second-best quarterly result after the record 2015....
August 19, 2016
Unipetrol (Prague), the largest petrochemical player in the Czech Republic owned by PKN Orlen (Płock, Poland), has announced repair work on its Litvínov olefins plant at Záluží, Czech Republic, damaged by fire on 13 August 2015, has been completed and the construction of four pyrolysis furnaces is nearing completion....
August 18, 2016
CB&I (The Hague, Netherlands) has chosen Veolia Water Technologies to engineer and procure a wastewater treatment package for Lotte Axiall Chemical Co.'s 1-million metric tons per...
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