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April 29, 2016Chinese exports of para-xylene (p-xylene) surpassed 3 million m.t. in the first quarter, according to data obtained by IHS Chemical. China’s p-xylene imports during March topped...
April 29, 2016China's styrene imports increased markedly in March, recent data obtained by IHS Chemical show. Total imports for March amounted to 354,509 m.t., up just over 100,000 m.t. compared...
April 29, 2016Acetic acid margins are comfortable everywhere except China, where prices have fallen far from their 2014 highs and overcapacity has been the norm for years. A recent demand surge...
April 18, 2016New antidumping duties on polyethylene terephthalate (PET) resin from China, India, Oman, and Canada are unlikely to reduce imports by the United States, but they may improve the margins of domestic producers, IHS Chemical says....
April 18, 2016China’s styrene import volumes are likely to dip following a force majeure on styrene from The Kuwait Styrene Co. (TKSC) at Shuaiba, Kuwait. TKSC’s 520,000-m.t./year...
April 8, 2016The European market as a whole remains slightly short of ethylene on a nameplate capacity basis, but given the lower operating rates at which derivative capacity can run, the region...
April 8, 2016Northeastern Asia’s styrene producers need to consolidate, says David Byrne, senior director/aromatics at IHS Chemical. Regional production capacity falls well short of demand, and the deficit is growing, but the industry is highly fragmented and underintegrated, he says. Byrne made the comments in a presentation to the IHS World Petrochemical Conference 2016, held in March in Houston....
March 28, 2016A different picture has emerged in international benzene markets for the first quarter of 2016 compared with the end of last year since South Korea’s benzene exports to the...
March 28, 2016Global supply-demand balances for ethylene and propylene are trending in opposite directions, according to IHS experts who spoke at the IHS World Petrochemical Conference 2016 in Houston....
March 28, 2016The acrylonitrile market needs a world-scale plant every 15–18 months, but with no new capacity in the works, supply will soon tighten, sending the utilization rate above 90%, says Simon Garmston, director/acrylonitrile at IHS Chemical. Garmston spoke at the IHS World Petrochemical Conference 2016 in Houston....