IHS Chemical Week

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

Displaying 1 - 20 of 325 stories.
March 31, 2014
Asia will remain the center of olefins demand growth at least in the foreseeable future. The region accounts for 3.9 billion, or 55%, of the world’s potential chemical and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/IHS-WPC-2014-Lack-of-resources-limits-Asias-olefin-output-potential_59935.html
March 28, 2014
Diminished production of propylene and butadiene as a result of the shift toward lighter feedstocks is a growing challenge for integrated petrochemical producers, says Heidi...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/IHS-WPC-2014-Shale-shift-raises-concerns-for-some-non-ethylene-value-chains_59889.html
March 27, 2014
A wave of on-purpose propylene capacity over the next five years is set to significantly outpace projected demand growth....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/IHS-WPC-2014-Global-propylene-caught-in-supply-currents_59890.html
March 27, 2014
The cyclicality and volatility of earnings in basic chemicals remains one of the greatest challenges facing the market, said Mark Eramo, v.p./chemical industry insight at IHS Chemical...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/IHS-WPC-2014-Industry-must-balance-push-from-new-supply-against-pull-of-global-demand_59861.html
March 24, 2014
Oman Oil Refineries and Petroleum Industries Co. (Orpic; Muscat) has selected CB&I to carry out front-end engineering and design (FEED) on its previously announced $3.6-billion...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Oman-selects-CB-and-I-for-FEED-and-cracker-technology-Engineers-India-for-project-management_59789.html
March 23, 2014
U.S. Trade and Development Agency (USTDA; Washington) says it has awarded a grant to the Nigerian conglomerate Honeywell Group (Lagos) for a project that will assess different product...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/US-funds-study-for-Nigerian-gas-based-petchems-and-fertilizer-projects_59780.html
March 12, 2014
Advanced Petrochemical Co. (Jubail, Saudi Arabia), today signed a memorandum of understanding with SK Gas (Seoul) to become a joint venture partner in SK Gas’s previously...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Saudi-company-joins-SK-Gas-in-Korean-propane-dehydrogenation-project_59496.html
March 11, 2014
Sibur said today that its Tobolsk-Polymer (Tobolsk, Russia) unit has obtained the European Union’s Registration, Evaluation, Authorization, and Restriction of chemicals (Reach)...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Siburs-products-from-Tobolsk-gain-access-to-EU-market-with-Reach-certification_59461.html
February 19, 2014
Ningbo Fortune Petrochemical (Ningbo, China) has selected UOP's C3 Oleflex process technology to convert propane to propylene via propane dehydrogenation. Ningbo Fortune will employ the technology in a 600,000-m.t./year propylene plant that is expected to start up in 2016....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Ningbo-Fortune-licenses-UOPs-Oleflex-propylene-technology_58902.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/propylene/Alpek-swings-to-a-net-loss-in-fourth-quarter_58824.html
February 13, 2014
Phillips 66 Partners (Houston), a new master limited partnership, has made its first asset acquisition, the $700 million purchase of the Gold Product Pipeline System and two newly constructed propylene-storage spheres from Phillips 66....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Phillips-66-Partners-acquires-pipeline-system-and-storage-for-$700-million_58806.html
February 6, 2014
PetroLogistics (Houston) reports net income of $21.5 million for the fourth quarter, down 17% year-over-year (YOY) from $25.9 million. Sales totaled $191 million, up 15% YOY....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/PetroLogistics-sales-up-earnings-down-on-propane-costs-turnaround_58600.html
January 29, 2014
Olefin production went down in Western Europe during the last quarter of 2013, compared with the same quarter of the previous year, according to figures released by the Association of...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Western-Europes-olefin-production-declined-in-fourth-quarter-of-2013_58390.html
January 29, 2014
The Taiwanese government earlier this week approved construction of a $15-billion refinery and petrochemical project on mainland China under certain conditions, CW has learned. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Taiwan-conditionally-approves-petchems-project-on-mainland-China_58380.html
January 24, 2014
Repsol's A Coruña, Spain refinery-petrochemical complex has restarted after a 50-day general stoppage, the longest in the 50-year history of the site, according to a report from...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Repsol-refinery-petchem-complex-restarts-after-planned-maintenance_58304.html
January 21, 2014
UOP, a Honeywell subsidiary, has announced that its C4 Oleflex process has been selected by Shandong Huachao Chemical Co. (Dongming, China) to produce isobutylene, a key ingredient for...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Honeywell-dehydrogenation-processes-selected-for-isobutylene-propylene-projects-in-China_58155.html
January 16, 2014
Tianjin Bohua Petrochemical (Tianjin, China) has started production its previously announced propane dehydrogenation (PDH) unit at Tianjin, China. The 600,000-m.t./year is the first...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Chinas-first-PDH-plant-starts-production_58036.html
January 15, 2014
Total says it has received the go-ahead from the Chinese authorities to proceed with a coal-to-olefins joint venture with China Power Investment Corp. (CPI; Beijing) in the autonomous...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Total-gets-green-light-for-coal-to-olefins-JV-in-China_57976.html
December 18, 2013
Sahara Petrochemicals Co. has announced that its subsidiary Al Waha Petrochemicals will undergo a 15-day scheduled maintenance on its plants starting 24 December. Al Waha, in which...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Al-Waha-Petrochemicals-to-undergo-15-day-maintenance_57480.html
November 25, 2013
The Japan Bank for International Cooperation (JBIC; Tokyo) has signed a buyer's credit agreement totaling up to ¥8.9 billion ($87.85 million; JBIC portion) with the Government of...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/JBIC-to-help-finance-sulfuric-acid-production-plant-in-Turkmenistan_56942.html
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