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Displaying 81 - 92 of 1218 stories.
July 16, 2015
Purified terephthalic acid (PTA) supply is increasing in Asia faster than demand, resulting in a net operating rate of just 70% in China, based on nameplate capacity, according to IHS Chemical’s latest Market Advisory Service: Global Polyester Fibers & Feedstocks....
July 16, 2015
The rising price of feedstock benzene has put a pinch on North American producers of nylon-6, who have responded by increasing prices. BASF on 6 July issued an increase of 10 cts/lb on...
July 6, 2015
North American producers of polyvinyl chloride (PVC) have postponed May price increases to June and July in response to weak demand, IHS Chemical says. The increases span 2–3...
July 6, 2015
Greece defaulted on a €1.6-billion ($1.79 billion) payment to the International Monetary Fund that was due on 30 June, and, although IHS expects an agreement to be reached...
June 25, 2015
(This story has been corrected. The figures in paragraph five refer to production capacity throughout the Americas, not production in North America.) China’s enormous...
June 25, 2015
The closure of Haverhill Chemicals' (Houston) production site at Haverhill, OH, with the potential loss of 141 jobs—announced toward the beginning of June—remains uncertain...
June 11, 2015
OPEC’s meeting in Vienna in early June showed a continuation of the Saudi-led resolve to defend market share and let the market determine the oil price as a response to increasing...
June 12, 2015
Despite strong downstream derivative demand, North American propylene inventories are at five-year highs, boosted by increased production in steam crackers. Prices have fallen low...
June 11, 2015
Williams Partners' has achieved on-spec ethylene this week at its Geismar, LA, olefins plant, according to market participants. A source close to the company said last week that the...
May 28, 2015
Cheap energy and feedstocks derived from shale gas have sparked a petrochemical investment boom in North America. Most of the new projects have been drawn to the industry’s epicenter on the US Gulf Coast, but about one third—including a surprising number of ethylene projects—have been located elsewhere....
May 21, 2015
BASF declared force majeure on the supply of ethylene oxide (EO) in Europe on 19 May and until further notice, the company has confirmed to CW. BASF has also been forced to declare...
May 21, 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...
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