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Petrochemicals Segment to Significantly grow in post-covid consumption push (02/12/2021)
Total Petrochemicals La Porte, Texas Unit Started up (02/12/2021)
PGP Monomer Prices Rally Further (02/01/2021)
Unifi Announces Significantly Improved Second Quarter Fiscal 2021 Results (01/27/2021)
DCP Midstream to Host Conference Call to Discuss 2020 Financial Results and 2021 Guidance (01/14/2021)
Ethylene Market size is expected to reach USD 186.5 billion by 2026 (01/14/2021)
Grace to Review Unsolicited Proposal from 40 North (01/11/2021)
Propylene Prices Continue to Climb (01/06/2021)
Ethylene Prices are Soaring (01/06/2021)
NPE 2021 has essentially been Cancelled (01/06/2021)
Petrochemical Market 2021 Industry Size, Share, Price, Trend and Forecast to 2026 (01/06/2021)
Global $34.4 Billion Plastics Recycling Markets to 2025 (01/06/2021)
Polyethylene
Once the mid-Feb storm hit, there was little doubt that Polyethylene producers would successfully implement their $.07/lb increase onto February contracts, bringing total gains to $.36/lb since June. Could it get worse? Yes. On Friday, a fire at the Pemex Cangrejera Petrochemical complex in Mexico, shut down yet another major Polyethylene production facility, further restricting PE resin supplies. This may very well be the catalyst that will carr... [More]
Polypropylene
Polypropylene conditions have tightened further, creating an untenable environment. Producer’s collective inventories had sunk to the lowest level in our records, just 17 days of monthly sales, and that was even before the Houston storm shuttered 85% of US PP capacity. The added shock has driven availability even lower and resin prices screaming to new record levels. Spot Polypropylene prices have jumped in leaps and bounds, often scoring $.05/lb... [More]
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