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Hengli starts up Dalian PTA unit

8 January 2020 - 21:23
China's Hengli Petrochemical is starting up today its 2.5mn t/yr No.4 purified terephthalic acid (PTA) unit at Dalian.

PetroRabigh shutdown to curb polymers output

8 January 2020 - 21:19
The scheduled shutdown of Saudi Arabia's 400,000 b/d PetroRabigh refinery at the end of February will restrict its production of downstream polymers.

Viewpoint: EU carbon market braces for Brexit

7 January 2020 - 19:12
The future of the UK's participation in the EU emissions trading system (ETS) will continue to dominate carbon price moves in the early part of 2020.

Viewpoint: Europe methanol prices to edge lower in 2020

6 January 2020 - 17:13
Global methanol spot prices will be constrained in the first half of 2020 by new production projects coming online in Iran, Trinidad and the US, and growth in olefin and olefin-derivative capacity in Asia-Pacific will reduce MTO-based production significantly during the 2020-23 period.

Viewpoint: US ethanol production threatens recovery

3 January 2020 - 21:44
Rising US ethanol production coupled with limited domestic demand growth and new export barriers could threaten the industry's recovery in 2020.

Viewpoint: Octane supply likely to drive US TX market

3 January 2020 - 20:44
Availability of octane-boosting blendstocks could drive the US toluene and mixed xylenes (MX) market in early 2020 as new bunker fuel regulations affect global refinery operations.

Viewpoint: MTBE, ethanol face off in Mexico

31 December 2019 - 19:23
Mexico's oxygenates sector — long dominated by methyl tertiary butyl ether (MTBE) — could face market pressures to move toward ethanol as an octane enhancer for gasoline in 2020.

Iranian President Visits Petrochemical Industry Exhibition

30 December 2019 - 19:06
Iranian President Hassan Rouhani on Monday paid a visit to an exhibition on the country’s latest products and achievements in the petrochemical industry.

January paraxylene ACP fails to settle

27 December 2019 - 18:31
Negotiations for the January paraxylene (PX) Asia Contract Price (ACP) have fallen apart because of a wide bid-offer gap.

Viewpoint: EU looks elsewhere to boost ethanol supply

27 December 2019 - 18:24
European ethanol spot prices are set to remain at a wide premium over Eurobob oxy grade gasoline in 2020, having hit a seven-year high on an outright basis in the final quarter of 2019. Imports from outside the EU will be required to make up a shortfall in supply as more countries adopt higher ethanol blends.
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