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China’s petrochemical expansion to overwhelm Japan, South Korea producers

© Reuters. FILE PHOTO: A worker drives a forklift past sacks of polyester-making chemicals, waiting to be...

No stone unturned: South Korea to sweep world for Iran oil...

© Reuters. No stone unturned: South Korea to sweep world for Iran oil replacement ...

Asia petrochemical outlook, w/c Apr 1

Singapore — The Asian petrochemicals market saw mixed sentiments across the product groups, namely olefins, aromatics, polymers and intermediates. In China, the value added tax...

NWE PX supply lengthens on Chinese plant startups, PTA maintenance works

London — European paraxylene spot trade is expected to remain thin in April as supply length increases due to upcoming plant startups in China...

NWE PX March contract price fully settled at Eur995/mt, up Eur35/mt...

London — The European March paraxylene contract price has fully settled at Eur995/mt ($1,129/mt), sources said Monday. Two buyers and a seller confirmed the full...

Asian paraxylene-mixed xylene spread widens to near 8-year high on maintenance...

Singapore — The spread between paraxylene and its feedstock isomer-grade mixed xylene widened to an almost eight-year high of $466.67/mt in Asia on Tuesday...

ExxonMobil mulls cracker projects beyond 2025: executive

Houston — ExxonMobil is mulling two more cracker projects beyond 2025, a top executive said this week. "We're starting to look more and more beyond...

China’s pledge to cut VAT gets cautious welcome from commodity markets

Singapore — China's plan to cut the rate of value added tax this year has been generally welcomed by commodity markets, as the lower...

Asia petrochemicals outlook, w/c Mar 4

Singapore — The Asian petrochemicals market saw a general firmness across many products in aromatics, olefins, polymers and intermediates. This is largely as many...

Asia petrochemicals outlook, w/c Feb 25

Singapore — Buying interest was expected to increase across most Asian petrochemicalmarkets this week, boosted by positive sentiment arising from latest developments in US-China...