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Markets
Polymer Materials
Petrochemicals
PETROCHEMICAL MARKETS
Zhejiang Satellite Petrochemical starts C3 production using Oleflex technology / UOP process licensed to 14 other global producers to forestall propylene shortage
09.01.2015
ODFJELL
Petrochemical terminal in Le Havre scrapped / First victim of cuts in European refinery business
08.01.2015
SKC / MITSUI
Agreement for PU feedstock joint venture / Merger could extend lifeline to facilities previously earmarked for closure
06.01.2015
PETROCHEMICAL MARKETS
Europe struggles to remain competitive amid US shale gas onslaught / Industry organisations call on EU to help / Oxford study analyses chances and risks
05.01.2015
PETROCHEMICAL MARKETS
Oxychem and Mexichem celebrate official construction start of Texas-based ethane cracker joint venture
22.12.2014
BASF
50% stake in Ellba Eastern SM/PO joint venture sold to Shell / Moerdijk jv not part of transaction
19.12.2014
CHEVRON PHILLIPS
Ethylene capacity expansion in Texas brought on stream
15.12.2014
YEAR IN REVIEW 2014
Part 2 – Plastics Production: Shale gas revolution drives Europe into a corner / Ailing facilities are consolidated / Massive changes in PVC market / Shale oil reserves change the balance once again
12.12.2014
SHELL
Versalis' Porto Marghera cracker to pick up the slack for Moerdijk? / Rumours of possible restart of Italian unit
08.12.2014
HIP PETROHEMIJA
Ethylene and PE production resumes following maintenance turnaround
01.12.2014
SHALE GAS
Germany's door to shale gas exploration kicked open slightly / Experts to decide on suitability of geological formations / Industry urges quick start to exploration / Plans still controversial
24.11.2014
INEOS
Petchems giant prepared to invest up to USD 1 bn in UK shale gas exploration and wants to be “biggest player” / Licences to be awarded next year
24.11.2014
SAMSUNG / TOTAL
Expanded Korean aromatics hub starts / New PX, benzene and EVA units / China major buyer
20.11.2014
JAPAN
METI industry ministry calls on petrochemical sector to implement more cracker consolidations
13.11.2014
PETROCHEMICAL MARKETS
Shell moves closer to building US shale gas-fed complex / Land purchase in Pennsylvania but no final commitment / USD 4bn cracker would produce 1.5 m t/y
13.11.2014
BAYER MATERIALSCIENCE
Hi-Bis joint venture doubles special bisphenols output in Germany / Feedstock for “Apec” PC production in Antwerp
13.11.2014
SHELL
Moerdijk site to resume styrene production by end of the year / Cracker will likely remain off stream until mid-2015
10.11.2014
ARTLANT
Plans to restart Portuguese PTA plant in Sines / Modern production line a La Seda heirloom
10.11.2014
MITSUBISHI
Cheap Chinese PTA dogs Japanese in India, too / “Existential crisis” / Higher anti-dumping duties?
06.11.2014
PETROCHEMICAL MARKETS
Repsol declares force majeure for C2 from Tarragona
04.11.2014
SABIC / SHELL
Expansion plans for Saudi Arabia-based Sadaf joint venture scrapped / Feasibility studies “not encouraging”
29.10.2014
SASOL
South African group finalises US Gulf petchems investment / USD 8 bn cracker will produce 1.5m t/y of ethylene / Two PE plants also part of Louisiana complex
29.10.2014
VERSALIS
Dunkirk cracker to be converted to ethane feedstock / Imports of US shale gas
21.10.2014
PETROCHEMICAL MARKETS
Rise in North American polymer grade propylene contract opens arbitrage window
20.10.2014
MITSUBISHI GAS CHEMICAL
PTA plant in Japan to close / Overcapacity hits profits / PX deal with CNOOC
17.10.2014
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