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Brazil-based soda and chlorine producer Unipar Carbocloro to audit bigger Braskem for a purchase; AmSty advances with efforts to have 30% recycled content in food packaging by 2030

Jul 11, 2023

News Briefs

2023 LNG market disappoints bullish expectations, big supply increase anticipated by 2027

Jun 19, 2023

LNG prices that peaked in 2022 with the monthly average for the Asian marker at over $54 per MM Btu in August, and had then declined to $30.72 per MM Btu in December 2022, have now dropped to under $10 per MM Btu on average in May 2023 in a plunge that defied...

U.S. new auto dealers see weakest first quarter volume in decade; U.S. jet fuel production recovers in April but still lags pre-pandemic; U.S. rail deliveries of vehicles, autoparts, chemicals see increase; Canada´s 2022 budget seen attracting investment

Apr 24, 2022

News Briefs

Dow has best quarterly earnings ever; Methanex retakes Geismar 3 project as methanol prices recover; American Chemistry Council sees advances in U.S. plan to modernize infrastructure

Aug 10, 2021

News Briefs

Chemical industry facing pressure for added tax burden to fund site remediation work

Jul 5, 2021

Petrochemical companies grouped under guild association American Chemistry Council oppose plans for a reinstatement in fiscal 2022 of Superfund chemical excise taxes that may bring back levies unseen in a quarter century saying that the added tax burden may...

U.S. LNG exporters face adverse market in 2020 but outlook to improve

Aug 31, 2020

U.S. LNG exporters faced an adverse market in 2020 as contract customers paid to reject cargoes rather than take them amid sharply lower spot prices caused by a supply glut, but demand will begin to improve.

USMCA brings administrative improvements, housing and construction plunge, Texas rail terminal starts operations

Jun 22, 2020

News Briefs

US-China trade war endangers economy, EIA raises oil price forecast

May 14, 2019

Our pick of the latest petrochemical news you need to know

Majors say petrochemical diversification is essential to survival of US industry

Feb 26, 2019

More than 80% of North American energy industry executives believe that locational diversification is needed in the U.S. petrochemical market, a recent survey found.

US polyethylene flood in 2H 2019 to squeeze supply chain

Feb 26, 2019

A flood of polyethylene is expected to come online as mega projects start up during the second half of 2019 and demands for creative supply chain solutions have never been so important, an industry executive told Petrochemical Update.

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