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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...

Mexico’s Orbia and Alpek see surging revenue and volume; Pemex chemical output falls

May 23, 2021

Mexico’s biggest private petrochemical producers Alpek and Orbia have seen surging revenue so far in 2021 while state oil company Pemex continued to see its petrochemical production...

Shell to sell to Pemex 50% of Deer Park refinery; Olin shuts more of its chlor-alkali capacity; Cheniere’s 2021 outlook improves on strong LNG demand; Canada’s chemistry association disappointed after plastics included on environment act

May 23, 2021

News Briefs

Polyurethanes, packaging demand helps Dow post double-digit sales growth

May 10, 2021

Dow, one of the world’s biggest petrochemical companies, saw during the first quarter strong demand for most products particularly those for packaging materials like polyethylene as...

LyondellBasell CEO sees resin markets tight at least through year’s end

May 10, 2021

LyondellBasell’s CEO Bhavesh Patel said that the strong plastic resin demand and tight market conditions that boosted the company’s first quarter profitability may continue through...

BP sees improvement on 2021 margins but still below pre-Covid; ExxonMobil chemical division shows strong performance; Stepan’s CFO says Jan.-March period was best ever; Total’s first quarter net income already above pre-pandemic levels

May 10, 2021

News Briefs

Petrochemical companies tap blockchain technology to try to improve recycling rates

Apr 21, 2021

Petrochemical companies are using blockchain technology to increase transparency to plastic recycling processes by creating a shared, secure ledger that may contribute to increasing...

Plentiful U.S. Gulf Coast worker availability for petrochemical projects may not last

Apr 21, 2021

A year following the quick spread of Covid-19 and lockdowns, non-residential construction activity in the U.S. remains significantly below pre-pandemic levels as of April 2021 and...

2021 Atlantic hurricane season seen more intense than average; Alpek to build CO2 plant in Mexico in joint venture; KBR sells PDH technology license; Gulf of Mexico’s crude oil output to rise in 2021, 2022; U.S. rail transportation recovers

Apr 21, 2021

News Briefs

Crude oil markets to remain highly volatile in 2021 but path to recovery finally visible

Apr 6, 2021

Crude oil producers and downstream companies will continue to demonstrate strong capital discipline and maximum cost control in 2021 but the path to a crude oil demand recovery is...

U.S. ethanol production hit hard by mid-February freezing as it recovers from 2020

Apr 6, 2021

Freezing weather that in mid-February extended across the U.S. and impacted petrochemical and refining operations in the Gulf Cost also disrupted ethanol output in the Midwest,...

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