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November 9, 2015Ineos Europe, ExxonMobil Chemical and Shell Chemicals Europe on Monday announced a long-term sale and purchase agreement to secure ethane from US shale gas for the Fife ethylene plant...
November 6, 2015Borealis's 610,000-m.t./year steam cracker at Stenungsund, Sweden, is scheduled to restart this weekend after delays following a planned maintenance turnaround, Borealis has confirmed...
November 3, 2015Westlake Chemical Partners reports third-quarter net income attributable to the partnership of $10.1 million, down from $10.4 million in the second quarter. Net sales of Westlake Chemical OpCo totaled $248.6 million during the quarter, down $251.7 million in the second quarter. Adjusted earnings of 37 cts/share fell short of the mean analyst estimate of 40 cts/share, as compiled by Thomson Reuters (New York)....
November 3, 2015Westlake Chemical (Houston) reports third-quarter net income of $184 million, up 9.5% year-on-year (YOY) on the one-time boost of a lower effective tax rate, which offset the effects of maintenance outages. Sales totaled $1.19 billion, down 5.2% YOY on lower sales prices, partially offset by higher sales volume, the company says....
November 3, 2015Heavy rain and flooding forced Chevron Phillips Chemical (CPChem; The Woodlands, TX) to shut down operations at its Cedar Bayou plant in Baytown, TX, on 1 November, according to a filing with the Texas Commission on Environmental Quality. According to a subsequent filing, CPChem expects to complete a site-wide restart on 12 November....
November 2, 2015The European styrene monomer barge contract for November has settled at €960/m.t. ($1,059) fob Amsterdam-Rotterdam-Antwerp, down €30/m.t. from the October settlement...
October 30, 2015
Enterprise Products Partners is considering an expansion of the 270-mile Aegis ethane pipeline, which serves ethylene producers on the US Gulf Coast. The company says it will conduct a binding open commitment period during November to gauge shipper support....
October 28, 2015Technip announced on Wednesday that it has entered into a contract to supply its proprietary ethylene technology and process design package to an American subsidiary of PTT Global...
October 22, 2015Unipetrol (Prague), a subsidiary of PKN Orlen (Plock, Poland) has recorded an operational profit of 3.0 billion Czech kronor and a net profit of CzK1.6 billion in the third quarter...
October 21, 2015Oman Oil Refineries and Petroleum Industries Co. (Orpic; Muscat) has selected the preferred bidders for its previously announced Liwa plastics complex. The companies are a subsidiary...