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Latest Petrochemicals News & Analysis

S Korea's SKGC mulls run cuts at 350,000 mt/year Ulsan SM plant
Singapore (Platts)--10 Jul 2014 922 am EDT/1322 GMT

South Korea's SK Global Chemical is running its 350,000 mt/year styrene monomer plant at Ulsan at full capacity in July, similar to June and May, but is considering run cuts as margins are being squeezed, a source close to the company said Thursday.
Shrinking Chinese polyester margins: implications for paraxylene
May 09, 2014 16:00:00 EST

Amid slowing demand and a capacity glut, polyester margins are shrinking. And in turn, they have dragged feedstock paraxylene margins into the red. What does this portend? Vandana Hari, Asia editorial director, discusses the trend with Michelle Kim, senior editor, and Anton Ferkov, managing editor.
US shale boom impacts Asian petrochemicals
May 14, 2014 - The US shale gas boom has triggered a reversal of the mixed xylenes arbitrage with Asia, making it economical to send Asian material to the US, where the ongoing shift to lighter feedstocks has cut aromatics yields by as much as 55%, sources said.
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