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January 27, 2012
Recent announcements that methanol producers will significantly increase capacity in North America is more than just a shift to take advantage of low feedstock prices, players say. If...
January 27, 2012
Average U.S. chlor-alkali operating rates rose 4 percentage points in December, to 81%, according to the latest statistics reported by the Chlorine Institute (Arlington, VA). Total...
January 27, 2012
BASF has declared force majeure on purified ethylene oxide (EO) produced at its Geismar, LA plant citing “a mechanical failure of a critical piece of equipment.” The force majeure...
January 27, 2012
Enterprise Products Partners says it will extend its open commitment period for ethane volumes from its ATEX Express pipeline by two weeks due to increased demand. Enterprise announced...
January 20, 2012
The North American petrochemical plant turnaround season is beginning, and U.S. ethane prices have fallen 7% since the start of the year, to about 68 cts/gal, due partly to reduced...
January 20, 2012
U.S. benzene contracts were settled 70 cts/gal higher for January, up more than 23% from December, and spot aromatics prices have shot even higher as multiple forces combine to choke...
January 20, 2012
North American spot butadiene prices skyrocketed 30 cts/lb last week, to $1.34/lb. The surge was triggered by short supply combined with renewed buying interest, players say. Most...
December 19, 2011
Petchem Players Eye Benefits of Feedstock Revolution Midstream petroleum companies are poised to benefit from a building boom in the U.S. petrochemical industry, following a flurry of...
December 9, 2011
Average U.S. chlor-alkali operating rates fell 5 percentage points in October, to 78%, according to the latest statistics reported by the Chlorine Institute (Arlington, VA). Total...
December 9, 2011
Koppers Holdings says it will close its carbon black manufacturing facility at Kurnell, Australia. The decision was made in response to deteriorating operating conditions including raw...
December 9, 2011
North American butadiene contracts have concluded for the month of December in a split settlement, just as the market evened out contract prices. Three producers’ contracts settled...
December 9, 2011
Mitsubishi Chemical and A. Schulman have agreed to dissolve and liquidate their Sunprene Co. (Akron, OH) polyvinyl chloride (PVC) compounds joint venture. Schulman has a 70% stake in...
December 9, 2011
Chevron Phillips Chemical (CPChem) says it has completed the acquisition of a polyalphaolefin (PAO) plant at Beringen, Belgium from Neste Oil. The purchase price was not disclosed but...
November 18, 2011
Methanex and Agrium each say they have suspended production at manufacturing joint ventures at Damietta, Egypt due to civil unrest. Demonstrators had been protesting alleged pollution...
November 18, 2011
Crew: Steady demand for engineering plastics. Amid concerns about the European sovereign debt crisis and the possibility of a worldwide double dip recession, demand for engineering...
November 4, 2011
Aitken: Methanol demand is healthy. Methanex says it is considering relocating its methanol operations at Cabo Negro, Chile to the U.S. Gulf Coast. The complex has the capacity to...
November 4, 2011
Average U.S. chlor-alkali operating rates fell 4 percentage points in September, to 83%, according to the latest statistics reported by the Chlorine Institute (Arlington, VA). Total...
November 4, 2011
Tronox says it increased the price for all grades of titanium dioxide (TiO2) in North America by 15 cts/lb, effective November 1, or as contracts allow. These increases are in addition...
October 31, 2011
Fogarty: Strong growth across all its businesses. Kraton Performance Polymers, the originator of styrenic block copolymers (SBCs), continues to see growth across key product lines...
October 17, 2011
Ungerleider: Demand growth will outpace supply. Woelfel: North American PE producers will remain competitive. Following a strong rebound in 2010, domestic demand for polyethylene (PE)...
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