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Latest Petrochemicals News & Analysis


ExxonMobil Chemical seeks 2 cents/lb hike on August PP for Americas
Houston (Platts)--22 Jul 2014 259 pm EDT/1859 GMT

ExxonMobil Chemical aims to increase polypropylene prices in the Americas by 2 cents/lb ($44/mt) effective August 18, the company said in a letter to customers obtained by Platts on Tuesday. The increase, which covers homopolymer, co-polymer and random co-polymer grades, would be separate from any change in the propylene contract price for the month, the letter said.
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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