U.S. ammonia producers that supply farmers and industry, and that enjoyed strong pricing after the start in early 2022 of The Russia-Ukraine war that sent prices for natural gas, the key...
Braskem Idesa officials signed with Mexican state oil company Pemex and the National Center for Control of Natural Gas, known as Cenagas, an accord that brought back natural gas supplies to its ethylene/polyethylene complex in Veracruz that had been abruptly...
Global olefins and polyester markets may feel for weeks the consequences of a storm that brought freezing temperatures for several days to areas not used to extended harsh winter weather conditions including Texan natural gas production areas and...
Baystar, a Total and Borealis venture, will start by the end of March its new Port Arthur ethane cracker with over a million-tonnes-per-year capacity while the new 625,000-tonne per year polyethylene unit in Pasadena will start by March 2022, a spokeswoman...
ExxonMobil slashed capital expenditures for 2021 but despite such massive cuts it has pushed forward its ethane cracker, polyethylene and mono-ethylene glycol chemical complex in Corpus Christi, Texas set to be ready before the end of the year, ahead of the...
Demand in 2021 for plastic resins including polyvinyl chloride and polyethylene may see support from low inventories in the first months and from a broader economy reopening later in the year as immunization efforts increase, paving the way for an rise in...
U.S. exports of ethylene, the petrochemical industry’s main building block, expanded fourfold during the first months of the pandemic showing that in spite of a trade war and Covid-19 some exports thrived, said Saad Rahim, chief economist at Trafigura.
Falling crude oil prices during to the pandemic drove down virgin plastic resins prices and made recycled plastic comparatively more expensive, adding to challenges the recycling industry has long faced such as industry fragmentation and a lack of price...
Expectations for a slow post-pandemic fuel demand recovery, which already shut down two million barrels per day of refining capacity in 2020, will limit owners options in the future.
