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Chinese company considering Texas site for $4.5 bil methanol facility: release
- 24 Jul 2014      9:33:07 AM

Houston (Platts)--23Jul2014/219 pm EDT/1819 GMT

China-based Fund Connell USA Energy and Chemical Investment Corporation is considering Texas City, Texas, as the site for a $4.5 billion methanol facility, the Galveston County Economic Alliance said.

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» Read more
Far East looks to Iran, India for butadiene as supply tightens- 24 Jul 2014      9:32:29 AM- PLATTS
Dubai (Platts)--23Jul2014/841 am EDT/1241 GMT

East Asian countries, especially South Korea and Taiwan, are increasingly importing butadiene cargoes from Iran, India and Southeast Asia as supplies within the region have been tight for a while, trade sources said this wee....

» Read more
Refinery planned to be shut by CNOOC for maintenance- 23 Jul 2014      6:40:34 PM- POLYMERUPDATE
China National Offshore Oil Corporation (CNOOC) is likely to shut its refinery for maintenance turnaround.

A Polymerupdate source in China informed that the refinery is planned to be shut in early October 2014. It is likely to remain off-stream for around two months.

Located at Huizhou....

» Read more
Ethylene availability remains tight in Asia- 23 Jul 2014      6:39:02 PM- POLYMERUPDATE
Ethylene prices firmed in Asia on Tuesday. Growing concerns about tight spot availability pushed ethylene rates higher across Asia.

CFR North East Asia prices were assessed up at the USD 1545/mt levels, a day on day rise of USD 10/mt.

CFR South East Asia prices were assessed at the USD....

» Read more
ACN plant restarted by Tongsuh- 23 Jul 2014      6:38:27 PM- POLYMERUPDATE
Tongsuh Petrochemical has restarted its No.3 acrylonitrile (ACN) plant following an unexpected shutdown.

A Polymerupdate source in South Korea informed that the plant restarted early last week. It was shut a week prior to its restart on account of a power outage caused by a thunderstorm.
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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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Wed, 23 Jul 2014 17:19:01 GMT
Iran petrochemical exports show 6% increase: Official - Press TV

Wed, 23 Jul 2014 10:45:41 GMT
Iran Increases Petrochemical Exports by 6 Percent in 3 Months - Fars News Agency

Wed, 23 Jul 2014 11:41:20 GMT
23 July 2014: petrochemical and refining news - Energy Global

Wed, 23 Jul 2014 09:49:21 GMT
To ensure feedstock availability at home, Govt proposes overseas petrochemi ... - plastemart.com

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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