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South Korea's August paraxylene exports surge 36% on month on China demand, new supply
- 16 Sep 2014      11:29:36 AM

Singapore (Platts)--15Sep2014/254 am EDT/654 GMT

South Korea's paraxylene exports surged 36.1% month on month to 432,039 mt in August due to the startup of new PX plants in July and increasing demand from China.

SK Innovation's 1.3 million mt/ye....

» Read more
Asian benzene start-ups to redefine Atlantic trade, keep lid on NWE prices- 16 Sep 2014      11:29:02 AM- PLATTS
London (Platts)--12Sep2014/910 am EDT/1310 GMT

Recent start-ups of new benzene capacity in Asia are already changing trade flows in the Atlantic Basin, with US requirements for European material diminishing amid ample supply from Asia, sources said.

....

» Read more
Propylene prices decline in parts of Asia - 15 Sep 2014      6:32:35 PM- POLYMERUPDATE
Propylene prices declined in parts of Asia last week.

On Friday, CFR South East Asia prices of propylene were assessed down at the USD 1255/mt levels, a drop of USD 10/mt from the previous week. The price fall was supported by weaker upstream energy values and lackluster buying trends in the ....

» Read more
Methanol plant restarted by Metafrax - 15 Sep 2014      6:32:01 PM- POLYMERUPDATE
Metafrax has restarted its methanol plant following maintenance turnaround.

A Polymerupdate source in Russia informed that the plant restarted in early September. It was shut in early August.

Located at Perm Krai in Russia, the plant has a production capacity of 1 million mt/year.
....

» Read more
PX prices in Asia fall - 15 Sep 2014      6:31:39 PM- POLYMERUPDATE
Last week, paraxylene (PX) prices declined in Asia. The price fall was attributed to strong selling activity witnessed in the region. A tumble in upstream Isomer MX and downstream PTA values pushed prices lower.

On Friday, although prices firmed on the day, PX was assessed at the USD 1240/mt ....

» Read more
News Archive of Top Stories

Featured above are contributions from key players in the petrochemical industry. We welcome organizations and/or consultants who are willing to share their latest findings or reports relating to developments impacting the global or regional petrochemical industry. Interested parties, kindly contact us at - webmaster@apic-online.org so that mutually acceptable arrangements can be made.

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Definition of Petrochemicals

According to Wikipedia, Petrochemicals are "chemical products derived from petroleum. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sources such as corn or sugar cane."

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