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November 21, 2014
Europe’s para -xylene ( p -xylene) contract price settled down significantly in November, dropping €140/m.t. ($180) compared with October, when it stood at €980/m.t. del...
http://www.chemweek.com/sections/basic_chemicals_plastics/Europes-p-xylene-contract-price-falls-in-November_65560.html
November 21, 2014
Methanol is oversupplied worldwide, but North American producers presented optimistic forecasts during recent third-quarter earnings calls. They expect the market to tighten as...
http://www.chemweek.com/sections/basic_chemicals_plastics/Demand-surge-buoys-methanol-above-crude-declines-producers-say_65616.html
November 14, 2014
Caustic soda supply has tightened considerably in northwestern and southern Europe because of production issues plaguing various producers. These issues range from industrial action to...
http://www.chemweek.com/sections/basic_chemicals_plastics/Europes-caustic-soda-supply-tightens-on-production-issues_65398.html
November 14, 2014
Buttressed by production issues and reduced imports, US spot prices for ethylene glycol (EG) held up in October, but November has been another story: Prices have tumbled, and they are...
http://www.chemweek.com/sections/basic_chemicals_plastics/Ethylene-glycol-prices-weaken-in-US-as-outages-wind-down_65400.html
October 31, 2014
Difficulties with the Evangeline ethylene pipeline, which carries ethylene from Texas to Louisiana, are more extensive than first believed, and the pipeline may not return to service...
http://www.chemweek.com/sections/basic_chemicals_plastics/Evangeline-pipeline-outage-may-extend-into-December-Boardwalk-says_64996.html
October 31, 2014
P ara-xylene ( p -xylene) spot prices came off significantly in Europe during October as p -xylene spot prices dropped in Asia on the back of energy markets falling significantly...
http://www.chemweek.com/sections/basic_chemicals_plastics/P-xylene-prices-fall-in-Europe-on-softer-Asia-markets-energy_64973.html
October 31, 2014
The market for butadiene has been somewhat long, and prices have fallen for most of this year amid weak worldwide demand for synthetic rubber. Longer-term, however, the trend is toward increasing tightness as demand recovers and lighter cracker feedslates cut into the production of crude C4s....
http://www.chemweek.com/sections/basic_chemicals_plastics/Butadiene-long-into-2015-but-supply-to-tighten-on-crude-C4s_64995.html
October 24, 2014
Plummeting crude oil prices ordinarily spark downstream destocking in anticipation of lower raw material prices, but with polymer inventories already low, consumers in Europe and North...
http://www.chemweek.com/sections/basic_chemicals_plastics/Lean-inventories-limit-crude-led-destocking-in-US-and-Europe_64765.html
October 10, 2014
a strike at AkzoNobel’s chlor-alkali plant at Botlek, Netherlands, is limiting production to about 40–45% of capacity, Akzo confirms. Effective 7 October, chlorine production...
http://www.chemweek.com/sections/basic_chemicals_plastics/Strike-brings-Botlek-chlor-alkali-operating-rates-down-to-40-percent_64377.html
October 10, 2014
The styrene outage at Shell’s Moerdijk facility in the Netherlands has boosted US benzene prices. The spot price increased to $4.25/gal on 7 October, closing the arbitrage to Europe...
http://www.chemweek.com/sections/basic_chemicals_plastics/Moerdijk-moves-US-benzene_64429.html
October 10, 2014
European polyethylene (PE) demand was strong in September, since converters restocked and prices weakened. Demand slowed late in the month, but exports gained on the weakening euro...
http://www.chemweek.com/sections/basic_chemicals_plastics/September-strong-for-Europe-PE_64430.html
October 10, 2014
Propylene prices have been rising steadily in the United States for several months, but a spate of plant outages has given them an extra jolt, sending the price of refinery-grade...
http://www.chemweek.com/sections/basic_chemicals_plastics/US-propylene-prices-spike-as-production-issues-tighten-supply_64431.html
September 26, 2014
The volume of trade on the US ethylene spot market has risen substantially over the last decade, driven by the growing use of ethylene futures and options to hedge price risks. The trend will continue as new production capacity comes onstream, although logistical issues limit the market’s efficiency, observers say....
http://www.chemweek.com/sections/basic_chemicals_plastics/Growing-spot-market-for-ethylene-reflects-increased-futures-trading_64025.html
September 26, 2014
Shell Chemicals says it will rebuild the MSPO-2 propylene oxide–styrene monomer (POSM) plant at the company’s Moerdijk, Netherlands, facility. In a statement issued on 17...
http://www.chemweek.com/sections/basic_chemicals_plastics/Shell-to-rebuild-Moerdijk-POSM-plant_64026.html
August 29, 2014
Low-cost feedstock availability in North America is reshaping the petrochemical industry in Latin America. With no significant capacity addition in Latin America over the past 10...
http://www.chemweek.com/sections/basic_chemicals_plastics/Latin-America-A-strategic-market-for-US-producers_63459.html
August 29, 2014
BP declared force majeure on purified terephthalic acid (PTA) in North America after a fire on 9 August forced the company to shut down the PTA-1 production unit at its Cooper River...
http://www.chemweek.com/sections/basic_chemicals_plastics/BP-declares-force-majeure-on-PTA-after-fire-at-Cooper-River-SC-facility_63504.html
August 15, 2014
Prices of the main types of synthetic rubber in Europe are expected to roll over in August, since feedstock prices have not changed significantly and overall demand is not expected to...
http://www.chemweek.com/sections/basic_chemicals_plastics/Exports-stabilize-Europes-synthetic-rubber-prices_63195.html
August 15, 2014
Negotiations for the major 2015 North America hydrogen peroxide (H 2O 2) contracts are not likely to commence until later this year, but four North American suppliers have already...
http://www.chemweek.com/sections/basic_chemicals_plastics/North-America-hydrogen-peroxide-producers-prepare-for-2015-negotiations_63196.html
August 1, 2014
Tesoro plans to build a $400-million, 15,000-bbl/day mixed xylenes extraction facility at the company’s refinery at Anacortes, WA. The company intends to export the product to Asia, where downstream para -xylene ( p -xylene) capacity is expanding rapidly. Most of this new Asian capacity will be back-integrated, but Tesoro expects its logistical and operating-cost advantages will make the project profitable....
http://www.chemweek.com/sections/basic_chemicals_plastics/Tesoro-plans-$400-million-mixed-xylenes-facility-at-Anacortes-WA_62894.html
August 1, 2014
Europe’s August ethylene contract price settled down €15/m.t. ($20), to €1,205/m.t. del northwestern Europe. Producers attempted to maintain the July price level, but a...
http://www.chemweek.com/sections/basic_chemicals_plastics/Long-ethylene-market-lowers-contract-price-for-Europe_62895.html
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