IHS Chemical Week

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

Displaying 81 - 92 of 1222 stories.
February 11, 2016
Petronas Chemicals Group (PCG) is focused on strengthening its basic petrochemicals business while diversifying more into specialty products. The company is also looking to increase...
February 12, 2016
 ExxonMobil confirmed on Friday that its Beaumont, TX, chemical plant has resumed normal operations. The announcement follows a week after its refinery at the Beaumont...
February 5, 2016
Indian Prime Minister Narendra Modi on Friday officially inaugurated the long-delayed 100 billion Indian rupees ($1.48 billion) Brahmaputra Cracker and Polymer complex at Lepetkata...
February 2, 2016
LyondellBasell reports net income for the fourth-quarter of $795 million, up 0.5% year-over-year (YOY) from $791 million. Sales totaled $7.071 billion, down 31.3%. Adjusted earnings of $2.20/share beat the average analyst estimate of $2.14/share as compiled by Thomson Reuters (New York). Lower ethylene margins took a large chunk of the earnings, partly offset by higher polyolefin volumes and margins....
February 2, 2016
The US January ethylene net transaction contract settled lower for the second consecutive month on Tuesday, coming on the back of strong operating rates, healthy supply and bearish sentiment during January. The January ethylene net transaction (NT) contract price settled at 24.75 cts/lb, down by 1.00 ct/lb from December....
February 1, 2016
Sinopec’s output of the major petrochemical products increased in 2015, the company has announced. In its unaudited report, Sinopec says its production of ethylene rose 3.9%, to...
January 29, 2016
Unipetrol (Prague) estimates that lost earnings due to a previously reported explosion and fire at the company’s Litvínov, Czech Republic steam cracker on 13 August 2015...
January 28, 2016
A fire at one of MOL Petrochemicals’ two steam crackers at Tiszaujvaros, Hungary, on 21 January caused limited damage and no injuries. Production at the plant was halted but the...
January 28, 2016
Sadara, a Saudi Aramco-Dow Chemical joint venture now in the final stages of building a $20-billion petrochemical complex at Jubail, will commission its core unit, a mixed feed cracker...
January 26, 2016
DuPont on Tuesday reported a fourth-quarter 2015 net loss of $253 million, or 26 cts/share, due mostly to restructuring charges as the company implements cost-cutting programs. Sales...
January 25, 2016
Flint Hills Resources said in a filing with state regulators on Saturday, 23 January, that it was restarting a light olefins unit (LOU) at its Port Arthur, TX, facility following an upset on 22 January. The filing, published by the Texas Commission on Environmental Quality (TCEQ), said the upset caused the LOU to shut down....
January 25, 2016
ExxonMobil confirmed on Monday that flaring at its Beaumont, TX, facility will continue as the company works toward normal operations over the coming days. The company did not say when it aims to complete the process.  A spokesperson said the company expects to continue meeting contractual commitments....
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