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October 30, 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...
October 30, 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...
October 30, 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....
October 23, 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...
October 9, 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...
October 9, 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...
October 9, 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...
October 9, 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...
September 25, 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....
September 25, 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...
August 28, 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...
August 28, 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...
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