IHS Chemical Week

Archives :: Markets :: Basic Chemicals :: Petrochemicals :: Propylene

Displaying 1 - 20 of 525 stories.
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...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Indian-Prime-Minister-inaugurates-Assam-gas-cracker-complex_76968.html
February 8, 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....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/LyondellBasell-fourth-quarter-earnings-flat_76890.html
February 3, 2016
US fourth-quarter propylene production increased, although inventories decreased, according to data released this week by the American Fuel & Petrochemical Manufacturers (AFPM)....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/US-fourth-quarter-propylene-production-up-inventory-down_76906.html
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...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Fire-at-Hungary-ethylene-plant-will-hurt-polyolefin-production_76742.html
January 27, 2016
US nonfuel-use propylene inventory increased 3% during the week ended 22 January, according to data the Energy Information Administration released on Wednesday. The gain is the first time in four weeks that the inventory has moved significantly....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/US-propylene-stocks-make-first-gain-of-2016_76705.html
January 26, 2016
US January propylene contracts settled lower on Tuesday, coming on the back of bearish market sentiment and stable inventories. The decline, the first in three months, was in line with weaker spot prices this week....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/US-propylene-contracts-drop-for-the-first-time-in-three-months_76694.html
January 25, 2016
Chandra Asri Petrochemical (Jakarta), the largest integrated petrochemical company in Indonesia, on Monday announced the completion of its naphtha cracker capacity expansion project at...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Chandra-Asri-completes-naphtha-cracker-expansion-project_76646.html
January 21, 2016
Kuwait is considering two options for its previously announced Olefins 3 complex, one with a steam cracker, the other with just aromatics, propylene, and polypropylene (PP)...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Kuwait-looking-at-two-alternative-petrochemical-investment-options_76520.html
January 19, 2016
Dow Chemical has begun restarting its new Freeport, TX, propane dehydrogenation (PDH) unit, according to an air emissions event filing submitted to the Texas Commission on Environmental Quality on 19 January. Dow shut the 750,000-m.t./year unit down after a after a compressor trip on 9 January....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Dow-begins-restarting-Freeport-TX-PDH-unit_76541.html
January 19, 2016
Kuwait’s Petrochemical Industries Co. (PIC; Safat) has acquired a 25% stake in SK Advanced (Ulsan), a joint venture which owns a recently completed propane dehydrogenation (PDH)...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Kuwaiti-firm-buys-minority-stake-in-SK-Advanced_76500.html
January 18, 2016
Trading and distribution company Helm (Hamburg) has entered into an exclusive marketing agreement with Raffinerie Heide (Hemmingstedt, Germany) under which Helm will market Raffinerie...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Helm-to-market-Raffinerie-Heides-entire-propylene-production_76505.html
January 18, 2016
The Texas Commission on Environmental Quality (TCEQ) has given preliminary approval to an air quality permit allowing Valero to build a 13,000 bbl/day alkylation unit at its Houston refinery, according to a notice published by on 13 January. Valero expects to make a final investment decision on the project during the first quarter, with startup slated for 2018, according to a company presentation released earlier this month....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Valeros-Houston-alkylation-project-gets-preliminary-approval-from-TCEQ_76517.html
January 12, 2016
Alujain has announced that a sudden technical problem on Monday at its Natpet propylene and polypropylene (PP) manufacturing subsidiary at Yanbu, Saudi Arabia, has forced the company...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Saudi-Natpet-PP-complex-off-line-after-technical-problems_76345.html
January 12, 2016
Dow Chemical shut down its new 750,000-m.t./year propane dehydrogenation (PDH) unit at Freeport, TX, following a process upset on 9 January, the company says....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Dows-Freeport-PDH-unit-offline_76336.html
January 8, 2016
Continued uncertainty in the energy markets will keep feedstocks at the forefront of developments in petrochemicals this year. The price of oil remains surprisingly low. IHS expects...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Outlook-petrochemicals-Cracker-margins-to-improve_76296.html
January 4, 2016
CB&I said on Tuesday that it has been awarded a contract by Hengli Petrochemical (Dalian) Refinery to provide its Catofin technology. The project scope includes the license and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Hengli-to-use-Catofin-technology-to-build-largest-dehydrogenation-plant_76018.html
December 18, 2015
Dow Chemical said on Friday that its new world-scale propane dehydrogenation (PDH) unit located at the company’s Oyster Creek site in Freeport, Texas, has begun commercial operations....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Dows-Freeport-TX-PDH-plant-begins-production_75980.html
December 22, 2015
Some 400 people, including 80 high-ranking officials from Taiwan and China, attended the ground-breaking ceremony on 14 December for Fujian Gu Lei Petrochemical Corp., a previously...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Fujian-Gu-Lei-proceeds-with-$15-billion-petchems-project-scope-changes-LCY-withdraws_75902.html
December 17, 2015
Alujain Corp., majority owner of propylene and polypropylene (PP) producer NatPet, has announced that a sudden technical problem on 13 December has forced the company to take the Nat...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/NatPet-takes-propylene-PP-complex-offline-due-to-technical-fault_75893.html
December 2, 2015
Shell Chemicals has confirmed that it has declared force majeure "on its base chemical products customers" with effect from 1 December because of a technical issue with the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Shell-declares-force-majeure-on-base-chemicals-at-Singapore-site_75542.html
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