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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...
February 20, 2015
Healthy demand continues to support the North American market for hydrogen peroxide, IHS Chemical says. Market sources report that availability is limited, and some sellers have been...
February 20, 2015
North American prices for all grades of polystyrene (PS) have dropped in February, IHS Chemical says. However, demand appears to be picking up, and there has been some inventory...
February 20, 2015
Domestic demand for polyethylene terephthalate (PET) in Western Europe is slowly ramping up. Because the weak euro has removed the competitive advantage of Asian material, producers in...
February 20, 2015
Prodded by plunging crude oil values, polyethylene (PE) prices fell in the North American market during November 2014 for the first time in 24 months. They continued to fall each month...
February 6, 2015
February benzene contracts have been settled in the United States at $2.01/gal, down 9.0% from January for a seventh consecutive monthly decline. Given ample supply and modest demand...
February 6, 2015
Eastman Chemical says it will begin a consultation period regarding a proposal to close the company’s 24,000-m.t./year acetate tow manufacturing facility at Siddick, near...
February 6, 2015
Enterprise Products Partners expects to restore full service to the Appalachia-to-Texas (Atex) ethane pipeline in mid-February. The two suppliers affected by the outage say they are...
January 23, 2015
Ethylene supply in Europe improved in the first half of January as most production units returned to operation, IHS Chemical says. However, Shell Chemicals’ 940,000-m.t./year...
January 23, 2015
The cancellation of the Al Karaana olefins and derivatives joint venture between Shell Chemicals and Qatar Petroleum (QP) significantly changes the supply-demand outlook for ethylene glycol (EG), according to an analysis by IHS. Whereas worldwide EG capacity utilization could have fallen to 80% by 2020, it is now likely to be a more comfortable 84–85%....
January 16, 2015
Artlant PTA (Sines, Portugal), the shares of which are partly owned by former polyethylene terephthalate (PET) producer La Seda de Barcelona (El Prat Llobregat, Spain), has once again...
January 9, 2015
Asian aromatics prices lost much of their value in 2014, falling toward the end of December to about half of their levels one year ago, IHS Chemical data show. Prices have fallen from...
January 9, 2015
chlorine production fell 4.6% year-on-year (YOY) in Europe during November 2014, according to the latest figures released by industry association Euro Chlor (Brussels). Production in...
January 6, 2015
The European Commission says that Slovakia’s intention to provide Duslo (Sal'a, Slovakia) with aid to the value of €58.0 million ($69.1 million) to modernize an ammonia...
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