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Global oil and gas construction spending outlook shifts to US

May 4, 2018

Oil price recovery, growing demand and increased feedstock supply are driving additional oil and gas capital projects globally, but the U.S. is now capturing the largest share of global energy industry investment, according to data released this week.

US Northeast crackers offer market advantages but higher capex

Jan 26, 2018

Total construction costs for a U.S. Northeast cracker project are estimated to be about $197 million higher than for U.S. Gulf Coast projects, however the cost benefits of being close to the feedstock supply and the downstream customers may even this out,...

US ports must act as hiking exports threaten container availability

Nov 30, 2017

Availability of empty containers on the U.S. Gulf Coast is a top concern for petrochemical producers that plan to grow their exports in the next few years and the solution will involve ports, trucking and rail working together, an analyst told Petrochemical...

ExxonMobil cranks up new PE line in Texas, plans first exports in October

Oct 20, 2017

ExxonMobil started production at one of two new 650,000 tonne/year polyethylene (PE) lines at its plastics plant in Mont Belvieu, Texas and plans to export its first polyethylene shipment from the plant at the Port of Houston in October, less than two months...

Celanese to expand compounding capacity; Crude oil and petroleum product exports reach record level

Oct 19, 2017

Our pick of the latest petrochemicals news you need to know

Enterprise plans ethylene export terminal, Oil prices to average $50/bbl, Mitsubishi Gas announces $60 m project

Jul 13, 2017

Our pick of the latest petrochemicals news you need to know

US polyethylene inventories set to rise by 9bn pounds in 2016-2020

Jun 1, 2017

Rapidly growing U.S. ethylene production and investment in new polyethylene (PE) capacity will increase North American PE production to more than 54 billion pounds by 2020, up from about 44 billion pounds in 2015 as supply grows faster than domestic demand,...

Location and tax breaks key to Shell’s Pennsylvania cracker plant approval

Jul 8, 2016

The market will have absorbed the additional supply of polyethylene from the first wave of U.S. Gulf Coast petrochemical projects by the time Shell Chemicals' ethane and derivatives complex in Beaver County, Pennsylvania comes on stream in the early...

LatAm petchems business lags; ExxonMobil cuts steam-cracking costs

Jul 8, 2016

Petrochemicals news you need to know.

Sasol ups US project cost estimate; UP, Katoen Natie start resin export service

Jun 15, 2016

Petrochemicals news you need to know.


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