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  • North America´s top polypropylene producer Braskem expects repeat of 2021 spreads

  • Shell´s traders help company´s first quarter 2022 profit by finding opportunities amid highly volatile period

  • North American chemical producers oppose Canadian restriction initiative on flame retardants; Shell to provide EV...

U.S. gasoline prices post highest levels in nearly a decade in late November

Dec 6, 2021

U.S. average pump window prices at service stations for regular unleaded gasoline on the Monday before the U.S. Thanksgiving holidays this year were on average $3.40/gallon, the...

Fertilizer tightness seen lasting into at least 2023, forcing world farmers into bidding wars

Dec 6, 2021

Farmers worldwide seeking to secure fertilizer for the next two years will have to outbid rivals or otherwise miss having enough to support crops, executives of a leading U.S....

Dow teams up with Michigan retailer to build parking lot from old plastic bags; Mexican chemical companies face uncertainty over labor regulations;November vehicle sales fell nearly 13% on-year;U.S. chemical rail shipments see Nov. rise

Dec 6, 2021

News Briefs

Tire producers work on finding more uses for nearly a billion units discarded annually after end of road wear

Nov 23, 2021

Tire manufacturers have intensified in recent years efforts to make their industry more sustainable by searching how to reduce waste at the end of the product’s road life, by cutting...

Brazilian group sees 2021 windfall from U.S. plastic resin sales

Nov 23, 2021

Braskem, which had 64% of the Brazilian petrochemical market in the third quarter 2021, an ethylene/polyethylene plant in Mexico and assets acquired over the last decade that make it...

China Petroleum signs 20-year contract to get LNG shipped from Louisiana; Braskem taps U.S. lawyers over former Pemex CEO’s testimony; Braskem-Idesa to expand ethane import capacity; Argentina’s Pampa Energia sales see 49% on-year increase

Nov 23, 2021

News Briefs

Some high-end specialty chemicals for automotive enjoy good demand even with low vehicle inventory

Nov 9, 2021

Auto dealers faced limited vehicle inventories in 2021 and the reduced availability in showrooms and new car lots translated into more effort to upsell the latest SUVs and sedan models...

Nigeria, Peru, Trinidad 2021 LNG issues result in $300 million opportunity loss for Shell just in third quarter

Nov 9, 2021

Royal Dutch Shell faced just in July-September an opportunity loss, or the value of the unrealized scenario of having enough of its own supply to serve its contracts, of an estimated $...

Light vehicle fuel efficiency gains see slow progress as SUVs sales rising: IEA; Terminal for ExxonMobil-Sabic venture’s resin plant in Corpus Christi completed; LyondellBasell posts quarterly cash earnings record; Brookfield buys InterPipeline

Nov 9, 2021

News Briefs

Tight resin inventories, supply disruptions in 2021 lead to record margins but also to calls for more transparency

Oct 26, 2021

Tightness in 2021 of plastic resin materials such as the polypropylene fiber widely seen in medical protective masks resulted in unprecedented margins but also brought a proposal for...

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