Chemical News
-
Polymer Market Update in North America, August 27, 2007 Aug 29,2007
Hurricane Dean stayed south avoiding America's key petrochemical infrastructure in the gulf area. This was a great relief to the energy markets, which had built in a weather premium during the previous week. The resin markets also reacted this past week by developing a slightly negative tone. Although the change was more in sentiment than price, th...>>>
Polyethylene Market Update in North America, August 27, 2007 Aug 29,2007
Volume: Good Price: Lower The Polyethylene market came under pressure this past week with spot prices easing about $.01/lb. The market has now fully given back the premium that it had earned in the first part of the month when producers were trying to enact their $.04/lb price increase in August. With softer export demand alongside lower energy ...>>>
Polypropylene Market Update in North America, August 27, 2007 Aug 29,2007
Volume: higher Price: Steady Spot Polypropylene prices waffled this past week, much as they have during most of August. The spot market however, did make a quick $.01/lb gain around the beginning of the month in response to an early $.015/lb higher Propylene monomer settlement for August contracts. The market tried to gain momentum a couple of...>>>
Polystyrene Market Update in North America, August 27, 2007 Aug 29,2007
Volume: Better Price: Lower Spot Polystyrene slipped about $.01/lb this past week. It seems that producers have become a little more aggressive in moving product and we have seen the result in softer prices. While we continue to see a fair amount of lower quality cars, which are often best for export, we have also been seeing a better flow of ...>>>
Crude prices retreat on inventory report Nov 22,2007
NEW YORK, Nov. 21 (Xinhua) -- Crude prices retreated Wednesday on the latest U.S. inventory report. The U.S. Energy Information Administration (EIA) reported that crude inventories fell by 1.1 million barrels last week. The EIA also said refinery activity fell last week, countering expectations for a slight increase. Gasoline inventories gr...>>>
Report: Russia oil output to rise modestly over next few years Nov 19,2007
WASHINGTON, Nov. 16 (Xinhua) -- Russian oil output will grow only modestly over the next few years, and the government is considering new tax breaks to stimulate investment and boost production, The Wall Street Journal reported on Friday. Russia, the world's No. 2 crude exporter after Saudi Arabia, would produce around 10.4 million barrels per ...>>>
Dow Announces Price Increases of its Epoxy Resins in Asia Pacific Nov 15,2007
Hong Kong - November 14, 2007 Dow Epoxy, a business unit of The Dow Chemical Company (“Dow”), is announcing price increases for its Epoxy Resins in Asia Pacific. Effective December 1, 2007, or as contract terms allow, D.E.H.™ epoxy hardeners and D.E.R.™ liquid, liquid blend, solid, solid solution and brominated epoxy resin products ...>>>
Dow Epoxy Raises Allyl Chloride Prices in North America Nov 19,2007
Midland, MI - November 15, 2007 Dow Epoxy, a global business unit of The Dow Chemical Company and its affiliates (“Dow”), today announced list and off-list price increases for Allyl Chloride of US$0.05 per pound in North America (including Mexico). The price increases are effective December 15, 2007, or as contract terms allow. All other term...>>>
Report: U.S. forecaster sees further jump in gasoline prices Nov 14,2007
WASHINGTON, Nov. 13 (Xinhua) -- The top forecaster of the U.S. Department of Energy expects gasoline prices to climb an additional 20 cents a gallon by December and said prices could go still higher if OPEC doesn't increase production, The Wall Street Journal reported Tuesday. The estimate came as mixed signals on the intentions of the Organiza...>>>
Dow Announces Maintenance Turnaround at TDI Facility in Freeport, Texas Nov 13,2007
13 Nov 2007 - Dow Polyurethanes, a business unit of The Dow Chemical Company, will conduct a scheduled turnaround at its toluene diisocyanate (TDI) production plant in Freeport, Texas, for routine maintenance. The eighteen-day turnaround is scheduled to begin on November 9th and will involve equipment inspections, repairs and replacements. "Dow ...>>>
Report: Oil prices not yet at unbearable level for Switzerland Nov 12,2007
GENEVA, Nov. 9 (Xinhua) -- Switzerland has not yet reached its pain threshold in terms of oil prices even though they are hovering just below the level of 100 U.S. dollar per barrel, the Swissinfo website reported on Friday. U.S. crude for December delivery stood at 96.23 U.S. dollars a barrel on Friday morning, reversing the previous day's 91-...>>>
Dow Epoxy Raises Epichlorohydrin Prices in Asia Pacific, India, the Middle East and Africa Nov 06,2007
Hong Kong - November 01, 2007 Dow Epoxy, a global business unit of The Dow Chemical Company and its affiliates (“Dow”), today announced a price increase for Epichlorohydrin in Asia Pacific, India, the Middle East and Africa. Effective December 1, or as contract terms allow, prices for Epichlorohydrin in the regions will increase by US$100 pe...>>>
U.S. oil prices retreat on government report Nov 08,2007
NEW YORK, Nov. 7 (Xinhua) -- U.S. oil prices stalled in their climb toward 100 dollars a barrel Wednesday after a government report said that oil inventories fell less than expected last week, while refinery utilization remained flat. The U.S. Energy Department's Energy Information Administration reported that crude supplies fell by 800,000 bar...>>>
Dow Epoxy Raises Epichlorohydrin Prices in North America Nov 05,2007
Midland, MI - November 01, 2007 Dow Epoxy, a global business unit of The Dow Chemical Company and its affiliates (“Dow”), today announced list and off-list price increases in North America for Epichlorohydrin. Effective December 1, or as contract terms allow, prices for Epichlorohydrin in the region will increase by US$0.02 per pound. All oth...>>>
Dow Epoxy Raises Epoxy Novolac Price in Latin America Nov 05,2007
Sao Paulo, Brazil - November 01, 2007 Dow Epoxy, a global business unit of The Dow Chemical Company (“Dow”), today announced a price increase in Latin America for D.E.N.™ 400 Series Epoxy Novolac Resins. Effective immediately, or as contract terms allow, prices for these products in the region will increase by US$0.20/kg. All other term...>>>
Crude prices jump on gov't energy report Oct 10,2007
NEW YORK, Oct. 9 (Xinhua) -- Crude-oil futures ended higher Tuesday amid concerns about heating-oil supplies ahead of seasonal demand. Crude for November delivery ended up 1.24 dollars, or 1.6 percent, at 80.26 dollars a barrel on the New York Mercantile Exchange. The November contract closed with a 2.7 percent loss for Monday's regular session...>>>
BASF inaugurates two new plants at its Freeport, Texas, site Oct 09,2007
BASF today (October 8, 2007) inaugurated two new manufacturing plants at its site in Freeport, Texas – a production line for polyamide 6 (nylon) and a plant for superabsorbent polymers (SAP). “These new facilities are fully integrated into our Verbund structures at the site and further strengthen our U.S. manufacturing base,” said Dr. Kurt Bock,...>>>
IL&FS to prepare detailed project report for PCPIR in Orissa Sep 27,2007
IL&FS has been shortlisted by the Orissa government to prepare a detailed project report for the petroleum, chemicals and petrochemical investment region (PCPIR) in Paradip. At a high-level meeting, it was decided that the state government would submit an application for the PCPIR. Besides Orissa, Karnataka, Gujarat, Tamil Nadu, Andhra Pradesh ...>>>
Alberta orders Syncrude Canada to reduce H2S, ammonia emissions Aug 29,2007
The province of Alberta Tuesday ordered Syncrude Canada to minimize hydrogen sulphide (H2S) and ammonia emissions from its Mildred Lake oil sands efflunt pond in northern Alberta. The order was issued after complaints from the public were received regarding odor emanating from the plant and after observing hydrogen sulphide alarms that indi...>>>
China reports sulfur dioxide emission decrease Aug 28,2007
BEIJING, Aug. 26 (Xinhua) -- The sulfur dioxide emission in China fell a year-on-year 0.88 percent in the first half of this year, the first decrease in several years, said China's top economic planner on Sunday. Ma Kai, minister of the National Development and Reform Commission (NDRC) said in his report to the ongoing 29th session of t...>>>