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January 19, 2016Hyundai Chemical (Seoul) will use technology and modular equipment supplied by Honeywell's UOP business to adapt Hyundai's para-xylene (p-xylene) plant at Daesan, South Korea, to also...
December 8, 2015US prices for toluene and mixed xylenes (MX) could soften next year, in part because the new Renewable Fuels Standard (RFS) for 2016, which requires a greater amount of ethanol in the US gasoline pool, reducing demand for other high octane blendstock such as toluene and MX. However, most of the pressure is expected to come from increased imports of toluene, MX, and paraxylene....
November 10, 2015Uzbekneftegaz (Tashkent), the state-owned energy company, is studying plans to build an aromatics complex in Uzbekistan. The company and Samsung Engineering have signed a memorandum of...
October 15, 2015A fire broke out at Braskem's site at Santo Andre, Brazil at 16.30 local time on 14 October causing the site to be shut down, the company has announced. The incident occurred at one of...
October 14, 2015Mixed-xylene spot prices started to slide in Asia at the beginning of this week following a surge in prices last week. The spot price spiked by $47/m.t. following a deal concluded at...
September 30, 2015Jurong Aromatics is in receivership after debt-restructuring talks stalled. The news was revealed in a filing with Singapore's Accounting and Corporate Regulatory Authority on Monday...
August 14, 2015US refiners have been in the market this week looking to cover toluene and xylene supply following a slew of production issues in the Midwest. The largest of BP's three crude oil...
July 31, 2015IHS Chemical says that PTT Global Chemical (PTTGC; Bangkok) has declared force majeure following the unscheduled shutdown of its No. 2 aromatics unit at the company's Map Ta Phut...
July 28, 2015The main aromatics products imported into China dropped hugely in May, data obtained by IHS Chemical show. Total import volumes into China for the month amounted to 1.51 million m.t...
July 27, 2015US aromatics prices are on the decline late in late July, following the direction of NYMEX energy futures. Last week, NYMEX Rbob ended on Friday at $182.82 per gallon its lowest level...