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Displaying 21 - 40 of 184 stories.
February 4, 2015
Styrindo Mono Indonesia (SMI; Jakarta) is operating one of its two styrene production lines at Merak, Indonesia—sufficient to meet its contractual obligations—a source...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrindo-Mono-Indonesia-runs-one-of-two-styrene-lines-to-meet-commitments_67477.html
February 3, 2015
Spot aromatics prices spiked $30–70/m.t. today as market sentiment rode firmer energy markets. The March Brent crude contract rose yesterday by $1.76, to $54.75/bbl, on the ICE...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Asia-aromatics-prices-spike-as-crude-futures-soar_67437.html
January 30, 2015
An escalation in styrene spot prices in Europe has opened an arbitrage into Europe from the United States, just days after Europe looked to have finished clearing out a stock-overhang...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Higher-styrene-prices-in-Europe-open-arbitrage-window-from-US_67363.html
January 30, 2015
Japan's exports of major aromatics products mostly fell in 2014, according to statistics released by the Ministry of Finance (Tokyo). Exports of para-xylene (p-xylene) were 2.40...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Japans-exports-of-p-xylene-benzene-declined-in-2014-toluene-mixed-xylene-exports-up_67345.html
January 29, 2015
Styrene cargoes have been offered from overseas into Asia at more competitive prices than cargoes of Asian product, although concerns over transit time, forward pricing risk, and...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Offers-from-Europe-US-weigh-on-Asias-styrene-markets_67293.html
January 23, 2015
Europe's styrene market has made steady gains through this week on the back of renewed buying interest for prompt material as traders moved to put together cargoes for export. Trading...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Prompt-export-demand-pushes-styrene-prices-up-in-Europe_67171.html
January 23, 2015
Production of several major aromatics products declined in Japan during 2014, data from the Japan Petrochemical Industry Association (JPIA; Tokyo) show. JPIA posted data for 18...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Japans-aromatics-production-declined-in-2014_67159.html
January 19, 2015
Styrene prices in Europe were lower than in the United States last week, resulting in an open arbitrage window, but product is unlikely to actually move between the two regions...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrene-movement-from-Europe-to-US-unlikely-despite-arbitrage-window_66963.html
January 19, 2015
The European market for styrene is the weakest regional market worldwide for spot material, and ongoing sluggish domestic demand is prompting sellers to take a fresh look at export...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Europes-styrene-producers-look-for-export-opportunities_66966.html
January 16, 2015
Higher production, fewer turnarounds, and a plant restart enabled South Korea to export 1.42 million m.t. of styrene to China in 2014, a 22% spike from 1.16 million m.t. in 2013, Korea...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/South-Koreas-styrene-exports-to-China-jumped-in-2014-on-higher-operating-rates-fewer-turnarounds_66917.html
January 13, 2015
Styrene consumers in Europe may seek to increase their spot purchases at the expense of contract volumes during 2015 because the spread between contract and spot prices widened during...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrene-spot-purchases-could-increase-in-Europe-during-2015_66795.html
January 13, 2015
Spot aromatics prices fell in Asia for a second day running today. Offers dropped below late yesterday's bids as crude futures stood at lows of more than five-and-a-half years. This...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Aromatics-markets-continue-to-sink-in-Asia-as-weak-crude-leads-to-offer-cuts_66777.html
January 9, 2015
The styrene-over-benzene spread dipped below $200/m.t. in the European market on 7 January and today for only the second time since September 2014. Falling energy numbers have been...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Europes-styrene-benzene-spread-dips-below-$200m-t-_66712.html
December 31, 2014
Asian aromatics prices have lost much of their value in 2014, falling toward the end of December to about half of their levels one year ago, IHS Chemical data show. Prices have fallen...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Aromatics-prices-have-fallen-by-half-in-Asia-during-2014_66509.html
December 22, 2014
Shell Chemicals confirms that it has restarted operations at its wholly owned propylene oxide-styrene monomer (POSM) plant and ethylene oxide (EO) plant at the company's Moerdijk...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Shell-restarts-POSM-EO-plants-at-Moerdijk_66395.html
December 18, 2014
BASF and Shell have reached agreement for BASF to sell its 50% share in their propylene oxide-styrene monomer (POSM) joint venture, Ellba Eastern (Singapore) to Shell, making it a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/BASF-quits-Ellba-Eastern-POSM-joint-venture-with-Shell_66284.html
December 18, 2014
Styrene inventories in eastern China have dipped 4% this week, compared with last week, industry sources say. The inventory tally is estimated at 148,000 m.t., down about 7,000 m.t. or...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrene-stocks-in-eastern-China-fall-4-percent-against-last-week_66286.html
December 17, 2014
Styrene spot values in Europe have lost about $400/m.t. in two weeks as the market has been forced to adjust to the new upstream environment at a time when European styrene production...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Europe-styrene-prices-plummet-on-the-back-of-weaker-energy-markets_66240.html
December 16, 2014
South Korea exported 126,232 m.t. of styrene in November, down 4.0%, from 131,765 m.t., in October, the latest Korea Customs Service data show. The fall mostly reflects a lack of...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/South-Koreas-November-styrene-exports-dip-4-0-percent-from-October_66199.html
December 12, 2014
LyondellBasell Industries has begun to ramp up operating rates at its Maasvlakte, Netherlands, propylene oxide–styrene monomer (POSM) unit today after a resolution for...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/LyondellBasell-lifts-force-majeure-on-benzene-at-Netherlands-site_66149.html
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