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March 16, 2015
South Korea exported 104,093 m.t. of styrene in February, 4% more than the 99,722 m.t. in January and up 8% year-on-year (YOY), from 96,275 m.t., Korea Customs Service data show. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Korea-exports-more-styrene-in-February_68577.html
March 13, 2015
The spread between styrene and benzene prices reached an all-time high in Europe this week as spot styrene continued to surge but benzene faltered.   March styrene offers breached...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Europes-styrene-benzene-spread-reaches-record-high_68558.html
March 13, 2015
Spot styrene prices in Asia registered a sharp weekly fall amid market concerns about an influx of deepsea cargoes and falling Brent crude contracts, which sank below $57/barrel in...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrene-prices-fell-sharply-in-Asia-this-week-other-aromatics-down_68551.html
March 6, 2015
Spot styrene and benzene prices in Asia spiked as much as 12% and 14%, respectively, week-on-week today following the return of market participants in China after their Lunar New Year...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Asia-styrene-benzene-prices-spike-12-14-percent-this-week_68362.html
March 5, 2015
Trinseo reports a net loss for the fourth quarter of $30 million, down from a net profit of $11 million in the year-ago quarter, largely the result of inventory revaluation driven by declining crude oil prices. Sales totaled $1.12 billion, down 10% year-over-year (YOY) from $1.24 billion on lower raw material costs and currency effects. Adjusted earnings came to a loss of 48 cents/share, below analysts’ consensus estimate of a 13-cts/share loss....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Trinseo-swings-to-loss-on-inventory-revaluation-misses-estimates_68342.html
March 4, 2015
Ineos plans to integrate the Americas business activities of Ineos ABS into Styrolution by the end of 2015. The marketing, sales, customer service, supply chain, procurement, R&D, human resources, and manufacturing functions of the two businesses will be merged, says Ineos....
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Ineos-to-integrate-Ineos-ABS-Styrolution-in-the-Americas-by-year-end_68304.html
March 2, 2015
India plans to reduce customs duties on a range of petrochemical products and feedstocks, such as styrene monomer and naphtha, when its fiscal year 2015-16 begins on 1 April, the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/India-to-cut-customs-duties-on-products-including-styrene-naphtha_68220.html
March 2, 2015
The California Environmental Protection Agency’s office of environmental health hazard assessment (OEHHA) says that it intends to list styrene as known to cause cancer under the...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/California-seeks-to-list-styrene-as-carcinogen_68203.html
February 27, 2015
Petrochemicals Malaysia restarted its polystyrene (PS) plant at Pasir Gudang, Johor, on 21 January after completing a prolonged shutdown maintenance program which began in early...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Petrochemicals-Malaysia-restarts-high-impact-polystyrene-plant_68178.html
February 24, 2015
US market participants said on 23 February that LyondellBasell Industries' recent production issue at the company's propylene oxide-styrene monomer (POSM) unit at Channelview, TX...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/LyondellBasells-Channelview-production-issues-short-lived-sources-say_68018.html
February 16, 2015
South Korea’s styrene exports fell 13% in January, to 99,722 m.t. against 114,867 m.t. in December 2014 and shrank 17% from 121,415 m.t. year-on-year, Korea customs service data...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Korea-exports-less-styrene-in-January_67810.html
February 10, 2015
The Loyal Group plans to shut its six expandable polystyrene (EPS) plants in China from 14 February for at least two weeks, a source close to the company said Tuesday. Citing weak EPS...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Loyal-Group-to-shut-EPS-plants-in-China-this-weekend-for-two-weeks_67671.html
February 10, 2015
Styrene monomer spot prices have risen sharply in the last week, jumping from $900/m.t. fob Rotterdam to $1,020/m.t. fob Rotterdam between 30 January and 9 February—continuing a...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Styrene-spot-prices-up-Europe-most-expensive-region_67685.html
February 5, 2015
Aromatics prices fell $15-55/m.t. in Asia today, erasing most of the week's gains as regional market sentiment turned bearish following a slump in overnight crude oil futures. The...
http://www.chemweek.com/markets/basic_chemicals/petrochemicals/styrene/Asia-aromatics-prices-lose-most-of-weeks-gains-today-on-crude-slump_67521.html
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
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