louisiana

Fertilizer prices seen as unlikely to reach again in the near term the record-high hit in 2022

Jul 23, 2023

Fertilizer prices, influenced by the cost of natural gas that is a key feedstock to produce synthetic plant nutrients, may not reach their Russia-Ukraine War-related historical price peaks of 2022 in the near future. That is unless unforeseen events impact...

U.S. biggest LNG exporter Cheniere raises earnings guidance; Freeport LNG advances work to resume operations; Venture Global readies new project; Dow promotes silicones products; Braskem to give $150 million for innovation startups

Sep 27, 2022

News Briefs

Dow sees turnarounds supporting polyethylene price increases back to October peaks

Apr 24, 2022

Dow, the Michigan-based leading petrochemical producer, wants price increases for its polyethylene resin in both April and May that if buyers accept would not just help pay costly turnarounds but also take prices back to the October peaks territory.

Canada´s Inter Pipeline considers carbon capture and storage for new PDH, polypropylene plant

Mar 21, 2022

Canada´s Inter Pipeline, a midstream operator that will complete this year the construction of the country´s first PDH and polypropylene complex, is studying a project that could turn the facilities located near Edmonton, Alberta into net zero emissions...

U.S. Gulf Coast lost construction jobs as oil and gas investment slowed

Jan 24, 2022

U.S. construction investment in oil, gas fields and pipelines contracted 4% in January-November 2021 from a year earlier, according to data shared by the U.S. Associated General Contractors of America (AGC) in January.

LyondellBasell faces aftermath of deadly acetic acid accident in Texas

Aug 10, 2021

LyondellBasell’s plant in La Porte, Texas on July 27 accidentally released about 100,000 pounds of acetic acid killing two contractors and injuring 30 people.

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...

Plentiful U.S. Gulf Coast worker availability for petrochemical projects may not last

Apr 21, 2021

A year following the quick spread of Covid-19 and lockdowns, non-residential construction activity in the U.S. remains significantly below pre-pandemic levels as of April 2021 and particularly in regions that include chemical hubs.

Venture of Total, OMV-owned Borealis to start Texas cracker in Q1 2021, PE line in Q1 2022

Feb 9, 2021

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...

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