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Archives :: Markets :: Basic Chemicals :: Petrochemicals :: Para-xylene

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October 27, 2014
SK Global Chemical and JX Nippon Oil & Energy have inaugurated their joint-venture para-xylene (p-xylene) plant at Ulsan, South Korea. The companies together have invested 936.3...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/SK-Global-Chemical-JX-Nippon-inaugurate-p-xylene-plant-in-Korea_64815.html
October 24, 2014
Para-xylene (p-xylene) spot prices have come off significantly in Europe this month as p-xylene spot prices have dropped in Asia on the back of a significant fall in energy markets...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/P-xylene-prices-fall-in-Europe-on-the-back-of-softer-Asian-prices-weaker-energy-markets_64788.html
October 9, 2014
ExxonMobil's aromatics complex at Botlek, Netherlands will undergo a six-week planned turnaround starting this week, according to market sources. ExxonMobil had not replied to IHS...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Sources-ExxonMobil-aromatics-plant-at-Botlek-to-undergo-six-week-planned-turnaround_64379.html
October 8, 2014
Saras Group (Sarroch, Italy) has reached a preliminary agreement to acquire certain downstream processing units and related personnel at Versalis's plant at Sarroch. Financial...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Saras-to-acquire-Versalis-assets-in-Sardinia_64290.html
October 2, 2014
Mitsubishi Gas Chemical (MGC; Tokyo) said today that it will quit the purified terephthalic acid (PTA) business at the end of March 2015. MGC and Toyobo are partners in Mizushima...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Mitsubishi-Gas-Chemical-to-quit-PTA-business-p-xylene-plants-future-questionable_64230.html
September 22, 2014
PTT Global Chemical (PTTGC; Bangkok) said today that its aromatics complex number two, with a combined capacity of 1.07 million m.t./year, has been taken off-line to repair a reactor...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/PTTGC-takes-large-aromatics-complex-off-line-to-carry-out-repairs_63919.html
September 9, 2014
Coca-Cola is making an additional investment in the development and commercialization of Virent's (Madison, WI) registered biobased para-xylene (p-xylene), BioFormPX, Virent announced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Coca-Cola-invests-to-help-Virent-scale-up-biobased-p-xylene_63675.html
July 22, 2014
Tesoro (San Antonio) says it plans to produce petrochemical feedstock in its US west coast refining system. The company intends to gather intermediate feedstock, primarily reformate...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Tesoro-to-produce-xylene-on-US-West-Coast-for-export-to-Asia_62629.html
July 2, 2014
Aramco Overseas Co. (AOC), a subsidiary of Saudi Aramco, confirmed today that it has agreed in principle to acquire Hanjin Group’s entire stake in S-Oil Seoul), comprising...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Saudi-Aramco-to-buy-Hanjin-Group-out-of-S-Oil-for-$1-95-billion_62206.html
June 2, 2014
Gevo (Englewood, CO) says it is selling para-xylene (p-xylene) derived from its renewable isobutanol to Toray Industries. Toray expects to produce polyester fibers, yarns, and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Gevo-ships-biobased-p-xylene-to-Toray_61474.html
March 28, 2014
With feedstock para-xylene (p-xylene) increasingly oversupplied, China’s producers of purified terephthalic acid (PTA) are gaining leverage over feedstock costs, and p-xylene margins are consequently in decline, says Duncan Clark, sr. director/aromatics and glycols at IHS Chemical. “It’s similar to the PTA industry, where there were very good margins a few years ago, and that was the business to be in.”...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/IHS-WPC-2014-Chinas-PTA-producers-gaining-leverage-over-p-xylene-costs_59918.html
February 14, 2014
Alpek, a subsidiary of Alfa (San Pedro Garza García, Mexico), posted net losses of $1 million for the last quarter of 2013, according to the group's results released this week...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Alpek-swings-to-a-net-loss-in-fourth-quarter_58824.html
January 29, 2014
SK Innovation’s subsidiary SK Incheon Petrochem has suspended construction work on a para-xylene (p-xylene) project at Incheon, South Korea, reports say citing an...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/SK-Innovation-suspends-construction-work-on-p-xylene-project-in-Korea_58382.html
January 29, 2014
Hengyi Industries (Hangzhou, China) and the Brunei Economic Development Board (BEDB) have signed a land lease agreement for a previously announced integrated oil refinery and aromatics...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Hengyi-and-Brunei-sign-land-lease-agreement-for-refinery-and-petchems-complex_58383.html
January 14, 2014
Saudi Aramco will spend $2 billion to acquire Hanjin Energy’s stake in S-Oil (Seoul), Korea’s third largest oil refiner and a major producer of para-xylene (p-xylene)...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Saudi-Aramco-to-become-majority-shareholder-in-S-Oil_57949.html
December 27, 2013
Indorama Ventures (Bangkok) says it has signed a joint venture agreement on 26 December with Abu Dhabi National Chemicals Co. (ChemaWEyaat; Abu Dhabi), to build a previously announced...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/ChemaWEyaat-and-Indorama-form-JV-for-aromatics-project-in-Abu-Dhabi_57666.html
December 6, 2013
Sonatrach (Oran, Algeria), an Algerian-government owned hydrocarbon and oil company, announced today that it is nearing completion of its new para-xylene (p-xylene) crystallization...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Algerian-oil-company-builds-p-xylene-plant_57185.html
November 19, 2013
An explosion today at Total's 360,000-bbl/day refinery at Antwerp killed two people, according to a statement issued by the refinery. The blast occurred at 14.00 GMT, and operations at...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Explosion-at-Totals-Antwerp-refinery-kills-two-petchem-market-impact-uncertain_56782.html
October 24, 2013
Partners in Nghi Son Refinery & Petrochemical (NSRP) joint venture announced today that they held a ground breaking ceremony on Wednesday in the presence of high-ranking officials...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Vietnam-refinery-and-petchems-joint-venture-holds-ground-breaking-ceremony_56141.html
September 26, 2013
The previously announced commissioning of the Satorp refinery and petrochemical complex, a joint venture between Total and Saudi Aramco at Al Jubail, has begun, Total announced today...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/paraxylene/Satorps-petrochemical-units-to-start-up-by-year-end_55448.html
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