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April 24, 2015
Fundamental changes in Europe’s polyethylene (PE) market—better demand, fewer imports, and unexpected plant outages—have boosted industry operating rates there. The...
April 24, 2015
The explosion at Dragon Aromatics (Zhangzhou, China) on 6 April is likely to put the company’s para-xylene (p-xylene) plant off-line for several months, according to IHS Chemical’s...
April 24, 2015
Operating rates for North American polyvinyl chloride (PVC) producers during the first quarter averaged about 79%, says IHS Chemical’s Market Advisory Service: Americas Vinyl Weekly...
April 24, 2015
Most Asian producers of styrene butadiene rubber (SBR) increased their prices during the week ending 17 April, says IHS Chemical’s Market Advisory Service: Asia C4 Olefins &...
April 24, 2015
Rising caprolactam prices have increased the cost of producing nylon-6 engineering resin in North America. Producers have announced price increases, but supply is ample, and IHS...
April 17, 2015
Asia’s para -xylene ( p -xylene) demand remains strong, and more p -xylene will likely be transacted in the region’s spot market, pushing prices higher, as the market...
April 17, 2015
High oil prices have loosened the grip of state-owned enterprises (SOEs) on China’s petrochemical industry by opening the door to on-purpose production from coal and other...
April 6, 2015
Companies at this year’s International Plastics Showcase (NPE2015) trade fair, held in the Orange County Convention Center at Orlando, FL, on 24–27 March, have expressed generally optimistic views on plastics markets....
March 20, 2015
Venezuela’s economy has been under intense pressure in recent years. Erratic economic policies and oil prices’ freefall have set the scenario for economic contraction, high inflation, and policies that make it difficult to attract much-needed foreign investment. IHS forecasts that Venezuela’s economy, having already fallen 4.1% in 2014, will shrink more than 3% in the next two years. Some recovery is expected after 2017....
March 20, 2015
BP’s acetic acid production facility at Hull, UK, was offstream and in force majeure during the fourth quarter of 2014, but the plant began to increase operating rates in the...
March 13, 2015
Europe’s acetic acid market became more balanced in February, says IHS Chemical’s Market Advisory Service: Global Acetyls Summary. Production in Europe improved, and imports at the...
March 13, 2015
Two major developments drove the price of key tire raw materials in February, says IHS Chemical’s Market Advisory Service: Global Tire Type Indices. One was the lower price...
March 13, 2015
Ethylene glycol (EG) prices in Asia reversed the recent weakening trend and rebounded before and after the Lunar New Year holiday, but they tailed off during the first week of March...
March 13, 2015
In March, benzene contracts in the United States have broken a seven-month stretch of declines with a split settlement of three to seven cts/gal above the February contract. Rising...
February 27, 2015
Petkim (Aliağa, Turkey) is restarting its newly expanded purified terephthalic acid (PTA) unit at Aliağa. The project to increase PTA capacity at the site from 70,000 m.t./year to...
February 27, 2015
Bolstered by stabilizing crude oil and benzene markets and tightness in China, Asian caprolactam prices regained upward momentum in February, ending the downtrend that began in August...
February 27, 2015
North American antifreeze demand fell in February, but cold, snowy weather and the expectation of March price increases helped bolster demand for ethylene glycol, according to IHS...
February 27, 2015
After declining steeply through the summer 2014, methanol contract prices in North America recovered somewhat during the fall, but they resumed their tumble in December, pulled down by...
February 20, 2015
Europe’s ethylene consumers, having spent the last several months buying hand-to-mouth, have taken the opportunity to rebuild inventory in the expectation that they will have to...
February 20, 2015
With three North America–based polypropylene (PP) producers remaining in force majeure in mid-February and outages planned for March, supply has become an issue, particularly for...
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