IHS Chemical Week

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

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April 2, 2009
LyondellBasell Industries says it will permanently close its Chocolate Bayou olefins complex near Alvin, TX by August 4. The plant has been out of service since mid-December and the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/LyondellBasell-to-Close-Chocolate-Bayou-Olefins-Plant-Permanently_17826.html
March 27, 2009
BASF says it will temporarily idle the smaller of its two steam crackers at Ludwigshafen, Germany due to continuing weak demand. The temporary shutdown of the plant, which has capacity...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/BASF-Idles-Ludwigshafen-Cracker-Due-to-Poor-Demand_17847.html
February 27, 2009
Energy company Lukoil (Moscow) says Stavrolen, its petchem subsidiary, has resumed production at its polypropylene (PP) plant at Budyennovsk, Russia, following a complete overhaul of...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Russian-Polypropylene-Plant-Resumes-Production_17277.html
February 9, 2009
European players have agreed to shift propylene contract pricing from a quarterly basis to a monthly basis for January, amid unprecedented market volatility. The January contract...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Europe-Shifts-to-Monthly-Contract-Pricing-for-Now_16928.html
January 15, 2009
Equistar Chemicals says it will restart its 2.4 billion lbs/year olefins unit at La Porte, TX before the end of January. The unit was temporarily idled in October 2008 due to declining...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Equistar-to-Restart-Olefins-Unit_16397.html
January 9, 2009
The recession is likely to last until as late as August and be followed by only a “tepid” recovery, Kevin Swift, ACC’s chief economist told attendees at a Chemical...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/ACCs-Economic-Chief-Expects-Severe-Prolonged-Recession_16236.html
January 6, 2009
Mitsubishi Chemical's naphtha cracker at Mizushima, Japan has been offstream since the end of December due to “trouble at the facility,” reports say. The nature of the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Mitsubishi-Idles-Mizushima-Cracker_16160.html
December 22, 2008
Sunoco says it plans to sell its chemical business, a leading U.S. producer of polypropylene and phenol. The company’s chemical assets “consistently generate income and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Sunoco-Seeks-to-Sell-Chemical-Business_16011.html
December 22, 2008
Lurgi says it has received a contract from CNOOC Energy Technology & Services Ltd., a subsidiary of China National Offshore Oil Corp., to build a 140,000-m.t./year acrylic acid...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Lurgi-Awarded-Acrylic-Acid-Contract-in-China_16022.html
November 18, 2008
Anhui Huainan Chemical Group (AHCG; Huainan, China) is building a methanol-to-propylene (MTP) pilot plant at Huainan based on technology developed by Tsinghua University (Beijing), CW...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Chinese-Firm-to-Commercialize-MTP-Technology_15389.html
October 24, 2008
Propylene prices collapsed last week in Asia as sellers desperately sought buyers. Korean prices crumbled to about $640/m.t. fob, Chinese prices dropped to $710/m.t. cfr, and Southeast...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Asian-Propylene-Prices-Go-Into-Free-Fall_15001.html
October 20, 2008
Marubeni has signed a contract to purchase up to 150,000 m.t./year of propylene from Petrovietnam’s Dung Quat, Vietnam refinery, according to a Reuters report. It will be...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Marubeni-Inks-Propylene-Deal_14873.html
August 20, 2008
Saudi Industrial Investment Group (SIIG; Riyadh) and ChevronPhillips Chemical (CPChem) say their Jubail Chevron Phillips Co. joint venture has started production at Al Jubail, Saudi...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Jubail-Chevron-Phillips-Begins-Production_13684.html
August 4, 2008
The Gulf is entering a phase of rapid propylene expansion following a long period focused on ethylene production. A number of propane dehydrogenation plants are being developed in the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/GPCA-Insight-Newsletter-Focus-on-Propylene_11323.html
July 21, 2008
Ineos has released a statement that “the time is right” to move from quarterly to monthly contract pricing for ethylene and propylene in Europe. High and volatile oil...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Ineos-Endorses-Monthly-Contracts_13134.html
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