IHS Chemical Week

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

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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
July 21, 2008
Iran is preparing to become a major player in international petrochemical markets, said speakers at the 8th Iran Petrochemical Forum (IPF), held recently in Tehran. National...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Iran-A-Major-Player-in-Waiting_13141.html
July 11, 2008
Total and its four joint venture partners will make a final decision by year-end on a previously announced $6-billion integrated refinery and petrochemical project at Visakhapatnam...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Total-and-Its-Partners-to-Decide-by-Year-End-on-Indian-Petchem-Project_12914.html
July 1, 2008
Saudi Aramco and Total say they have agreed to establish a joint venture, Jubail Refining and Petrochemical Co., following a recent signing in Jeddah, Saudi Arabia of a shareholders...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Aramco-and-Total-Form-Jubail-Refining-and-Petrochemical-JV_12744.html
June 23, 2008
Saudi Aramco and Total say they have agreed to establish Jubail Refining and Petrochemical Company following the signing in Jeddah, Saudi Arabia of their shareholders agreement and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/propylene/Aramco-and-Total-Form-Jubail-Refining-and-Petrochemical-Company_12633.html
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