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December 19, 2014
Latin America’s economic performance fell short of expectations this year as the GDP of it and Caribbean grew by only 1.1% in 2014, its slowest rate of expansion since 2009 and well below the 3.4% forecast by IHS one year ago....
December 19, 2014
Benzene and toluene prices in the United States have dropped to four-year lows, and the trend is set to continue into the new year, propelled by falling crude oil prices. The outlook...
December 12, 2014
It says something about the extraordinary competitive advantage enjoyed by North America’s ethylene producers that their primary feedstock, ethane, would be worth more burned...
December 12, 2014
The propylene market tightened in Europe during November because of a number of steam cracker issues. Planned and unplanned outages took place, and the combined loss of 13% of regional...
December 5, 2014
BASF’s $625.0-million plan to install a new “droplet polymerization” technology worldwide may significantly increase the company’s total superabsorbent polymer (SAP) production capacity, says Ian Davenport, president of consulting firm Davenport International Associates (New York)....
December 5, 2014
Trinseo (Berwyn, PA), formerly Styron, has announced price decreases in Europe for all polystyrene (PS) and copolymer grades. The December contract and spot prices for general-purpose...
November 21, 2014
Europe’s para -xylene ( p -xylene) contract price settled down significantly in November, dropping €140/m.t. ($180) compared with October, when it stood at €980/m.t. del...
November 21, 2014
Methanol is oversupplied worldwide, but North American producers presented optimistic forecasts during recent third-quarter earnings calls. They expect the market to tighten as...
November 14, 2014
Caustic soda supply has tightened considerably in northwestern and southern Europe because of production issues plaguing various producers. These issues range from industrial action to...
November 14, 2014
Buttressed by production issues and reduced imports, US spot prices for ethylene glycol (EG) held up in October, but November has been another story: Prices have tumbled, and they are...
October 31, 2014
Difficulties with the Evangeline ethylene pipeline, which carries ethylene from Texas to Louisiana, are more extensive than first believed, and the pipeline may not return to service...
October 31, 2014
P ara-xylene ( p -xylene) spot prices came off significantly in Europe during October as p -xylene spot prices dropped in Asia on the back of energy markets falling significantly...
October 31, 2014
The market for butadiene has been somewhat long, and prices have fallen for most of this year amid weak worldwide demand for synthetic rubber. Longer-term, however, the trend is toward increasing tightness as demand recovers and lighter cracker feedslates cut into the production of crude C4s....
October 24, 2014
Plummeting crude oil prices ordinarily spark downstream destocking in anticipation of lower raw material prices, but with polymer inventories already low, consumers in Europe and North...
October 10, 2014
a strike at AkzoNobel’s chlor-alkali plant at Botlek, Netherlands, is limiting production to about 40–45% of capacity, Akzo confirms. Effective 7 October, chlorine production...
October 10, 2014
The styrene outage at Shell’s Moerdijk facility in the Netherlands has boosted US benzene prices. The spot price increased to $4.25/gal on 7 October, closing the arbitrage to Europe...
October 10, 2014
European polyethylene (PE) demand was strong in September, since converters restocked and prices weakened. Demand slowed late in the month, but exports gained on the weakening euro...
October 10, 2014
Propylene prices have been rising steadily in the United States for several months, but a spate of plant outages has given them an extra jolt, sending the price of refinery-grade...
September 26, 2014
The volume of trade on the US ethylene spot market has risen substantially over the last decade, driven by the growing use of ethylene futures and options to hedge price risks. The trend will continue as new production capacity comes onstream, although logistical issues limit the market’s efficiency, observers say....
September 26, 2014
Shell Chemicals says it will rebuild the MSPO-2 propylene oxide–styrene monomer (POSM) plant at the company’s Moerdijk, Netherlands, facility. In a statement issued on 17...
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