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May 22, 2015
Bearish sentiment, styrene plant turnarounds, and ample supplies have kicked the legs out from under benzene in North America, but the spot price may soon find a floor. The current...
May 12, 2015
Olefins and derivatives producer TVK (Tiszaújváros, Hungary) says it achieved sales in first-quarter 2015 of 88.9 billion forint ($325.4 million), down 12% year-on-year...
May 11, 2015
GTS Chemical Holdings’ (Liaocheng, China) unaudited group revenue rose 40% to 167.0 million renminbi ($27.3 million) for the first quarter of 2015 versus Rmb119.3 million a...
May 11, 2015
The plastics industry has shown itself to be robust, despite a difficult market environment in 2014, says Josef Ertl, chair of industry trade association PlasticsEurope Germany...
May 8, 2015
European olefins production was constrained during April as some producers carried out planned stoppages and others faced unplanned outages. About 13% of European ethylene production...
May 8, 2015
Producers of cellulose acetate attribute a steep decline in first-quarter sales to the destocking of acetate tow, the material used to make cigarette filters. Underlying demand will...
May 8, 2015
Dow Chemical's Taft, LA, no. 1 ethylene unit is expected to come back online by next week, according to market participants. The no.1 ethylene unit went down in late March for planned...
April 28, 2015
Fertilizer, chemical, and plastics company Grupa Azoty (Tarnów, Poland) says it plans to concentrate on new, sustainable processes for agriculture, according to press reports...
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...
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