Petrochemicals

Mexico’s Alpek pauses construction of PTA, PET plant in Texas citing high costs

Oct 7, 2023

Monterrey, Mexico -based Alpek said on Sep. 27, 2023 that along with its partners in the planned Corpus Christi Polymers (CCP) project it has decided to temporarily pause construction due to rising costs, shortly after it decided to also close a filament...

Canadian chemistry industry seeks government action to support chemical investment

Sep 17, 2023

The Chemistry Industry Association of Canada, which lists about 60 members just in its Plastics Division and includes the top petrochemical producers in the country, has requested the government of Canada to enact legislation, specifically in relation to...

Brazil state oil Petrobras carries out due diligence of Braskem as it mulls option to add equity

Sep 17, 2023

Brazilian state oil Petrobras, specialized in deep-water, crude oil extraction, and which refines most of the fuel consumed by some 214 million Brazilians, confirmed on Aug. 22 a due diligence of Latin America´s biggest petrochemical company Braskem, where it...

AFPM opposes EPA´s proposed rules related to pyrolysis oil; Surface Transportation Board proposes reforms for rail shipping; Methanol market seen increasing just over 4% annually until 2028

Sep 17, 2023

News Briefs

U.S. producers of PVC and epoxy anticipate demand pull from Bipartisan Infrastructure Deal

Sep 3, 2023

The Bipartisan Infrastructure Deal passed by Congress in Nov. 2021 may soon contribute to PVC tubes demand for water management or for the epoxy in coatings for structures like bridges, leading to increased business for companies like Shintec, Westlake, or...

Celanese to examine redundancies as it seeks to cut costs; U.S. chemical industry contracted in August; NOVA Chemicals to carry out employee census to gain insights on diversity; Acetonitrile market to expand over 6% annually over next five years

Sep 2, 2023

News Briefs

Developing countries see more resin imports as China, U.S., Europe demand challenged: Braskem´s CEO

Aug 20, 2023

The CEO of Brazil-based Braskem, Roberto Bischoff, said that the company that is Latin America´s biggest petrochemical organization is seeing atypical scenarios in plastic resin markets that include very large flows of plastic resin exports from the world´s...

Pemex increases refining output 4% in 2023 at its six operating plants from year ago; Analyst sees new Dos Bocas refinery in commercial operations by 2024

Aug 20, 2023

Reinaldo Wences, executive vice president of Pemex Transformacion Industrial, or the Mexican state oil company´s crude oil processing area, said during the second quarter (April-June) earnings discussion call held on July 28, 2023, that the crude oil runs at...

Second biggest U.S. waste disposal company Republic Services teams up with polymer recycler Ravago to produce recycled resin; U.S. refiners and petrochemical association asks Environmental Protection Agency for strategy “revision” around pollution

Aug 20, 2023

News Briefs

Asian resin imports gain larger influence in Mexican market as ocean freight costs ease; LyondellBasell sees soft demand, new supply capping polyolefins average North American run rate at 85% in Q3 2023

Aug 5, 2023

News Briefs

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