Archives :: Markets :: Basic Chemicals :: Petrochemicals :: Propylene
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August 7, 2007Texas Petrochemicals (TPC) says it has completed the expansion of its Baytown, TX facility, and expects start-up and initial plant operations to begin by the end of the month. The...
August 6, 2007Lanxess says it will increase its ethylene propylene diene rubber (EPDM) capacity to more than 140,000 m.t./year. The company’s EPDM output is split between Marl, Germany and...
August 6, 2007A consortium of eight companies has abandoned plans to construct a propylene pipeline linking Rotterdam and Antwerp with the Ruhr region of Germany (CW, Nov. 30/Dec. 7, 2005, p. 21)...
August 6, 2007Crude oil and feedstock prices rose again last week, pushing spot petrochemical prices higher. Spot olefins on both sides of the Atlantic remained tight as minor supply outages in...
July 31, 2007Intercontinental Exchange (ICE; Atlanta), an electronic energy marketplace, says it has agreed to acquire ChemConnect’s (Houston) commodity trading division in an all-cash...
July 31, 2007Dow Chemical has announced propylene glycol (PG) price increases of 4 cts/lb, around 5%, in North America, effective July 1, or as contracts allow. The increase applies to mono-, di-...
July 30, 2007U.S. petrochemical production during the fourth quarter rose 14% year-on-year, to 48.2 billion lbs, but total inventories fell 3% from the year-ago period, to 5.7 billion lbs, says the...
July 30, 2007Borouge (Abu Dhabi) has awarded Samsung Engineering a $300-million contract to build a metathesis plant as part of Borouge’s previously announced Borouge 2 project at Ruwais, Abu...
July 30, 2007Arkema says it has agreed with Essar Chemicals (Mumbai) to study forming a 50-50 joint venture to manufacture acrylic acid and esters in India. “This will be the first acrylic...
July 27, 2007U.S. spot ethylene prices continued to rise last week on the back of brisk trade, increasing about 2 cts/lb. Propylene spot prices also advanced, by around 3 cts/lb, on increased...
July 27, 2007Samsung Engineering has won an estimated $100-million contract to build a methathesis unit to produce propylene at Al Jubail, Saudi Arabia. Saudi European Petrochemical Co. (Ibn Zahr)...
July 26, 2007Sunoco Chemicals says it has appointed M. Holland (Chicago) as a distributor of its polypropylene (PP)...
July 25, 2007Steam crackers producing ethylene and propylene, and plants making carbon black, will participate in the second phase of the European Union’s (EU) carbon dioxide (CO2)...
July 24, 2007European butadiene contracts have settled for the second quarter at a €25/m.t. increase, to €895/m.t. del, a record high. Strong demand and tight supplies boosted prices...
July 24, 2007Dow Chemical and Libya’s state-owned National Oil Corp. (NOC; Tripoli) have announced plans to form a joint venture to refurbish and operate NOC’s Ras Lanuf petrochemical...
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