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News & Analysis
Previous News Headlines
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Mexico petchems feedstock shortfall remains challenge: Pemex director
Houston (Platts)--23 Mar 2017 420 pm EDT/2020 GMT
Mexico's feedstock shortage will continue to be a long-term challenge for petrochemicals producers in the country if there are no further investments in infrastructure, Pemex ethylene director Luis Montanaro said Thursday.
Turkish polypropylene prices continue to ease off highs as sentiment turns bearish
London (Platts)--23 Mar 2017 823 am EDT/1223 GMT
Turkish polypropylene prices continued to fall back from the highs of a couple of weeks ago as bearish sentiment permeates the market on improving availability, sources said this week.
Asia-Europe acrylonitrile butadiene styrene import arbitrage opens as Asia prices decline
London (Platts)--23 Mar 2017 822 am EDT/1222 GMT
The arbitrage to send acrylonitrile butadiene styrene to Europe from Asia is opening amid falling prices in the latter region, according to S&P Global Platts data.
Total sees process upset at La Porte PP site in Texas: filing
Houston (Platts)--22 Mar 2017 536 pm EDT/2136 GMT
There was a process upset Tuesday at Total Petrochemicals and Refining USA's 1,224,700 mt/year polypropylene plant in La Porte, Texas, the company said in a regulatory filing Wednesday.
ASIA: The week in petrochemicals
Singapore (Platts)--22 Mar 2017 626 am EDT/1026 GMT
The focus in Asian aromatics markets towards the end of the month will be on the negotiations of monthly contract prices.
China polypropylene export windows to SE Asia, India seen closing before end March
Singapore (Platts)--22 Mar 2017 207 am EDT/607 GMT
The China to Southeast Asia and India polypropylene export windows look set to close by end March as the recent flurry of Chinese cargoes deflates prices in those regions and freight costs start to rise, traders said Wednesday.
Exports gain focus ahead of 'teething' in US ethylene, PE: LyondellBasell CEO
Houston (Platts)--21 Mar 2017 544 pm EDT/2144 GMT
The upcoming wave of ethylene and polyethylene expansions in the US will bring a period of difficulty to the industry, and exports have increasingly become part of the solution to ease the transition, LyondellBasell CEO Bob Patel said Tuesday.
China LPG imports may reach 20 mil mt in 2017 on strong petrochemical demand: Sinopec
Singapore (Platts)--21 Mar 2017 908 am EDT/1308 GMT
China's LPG imports are expected to reach around 20 million mt in 2017, supported by continuous strong demand from the petrochemical sector, a senior Sinopec official said at the 22nd China LPG Conference held by the Guangdong Oil and Gas Association in Chengdu, Sichuan province.
US January propylene exports to Latin America dip 2.47% on month: AFPM data
Houston (Platts)--20 Mar 2017 510 pm EDT/2110 GMT
Propylene exports from the US Gulf Coast to key destinations in Latin America totaled 35,500 mt in January, down 900 mt from December, American Fuel and Petrochemical Manufacturers data showed Monday.
EMEA: The week ahead in petrochemicals
London (Platts)--20 Mar 2017 1028 am EDT/1428 GMT
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