Orbia, a Mexico City-based firm with global operations that makes goods including specialty PVC and plastic resins, will do its own research to understand the true supply outlook for this resin heavily used in home fixtures and water pipes, and mull the...
LNG prices that peaked in 2022 with the monthly average for the Asian marker at over $54 per MM Btu in August, and had then declined to $30.72 per MM Btu in December 2022, have now dropped to under $10 per MM Btu on average in May 2023 in a plunge that defied...
One of the biggest projects in terms of required investment promoted in recent years in Canada, the estimated C$4 billion Nauticol plant in the Alberta province, was canceled in February 2023 as demand for the commodity used as fuel, intermediate for other...
A company named Quantum that has already made and shipped electric vehicles including tricycles, motorcyles and automobiles within Latin America from its home base in Cochabamba, Bolivia, plans to open a plant in Mexico before the end of 2023, the company’s...
Dow will continue to hold talks with Canadian authorities over incentives in 2023 with a final decision anticipated by year’s end on a project that would include tripling its ethylene and polyethylene capacity in Alberta, Canada. The work was originally...
InterPipeline was able to start up its propane dehydrogenator (PDH) unit in its propylene-polypropylene complex near Edmonton, Alberta, by mid-January 2023 and this will result in the startup of production at near full capacity of polypropylene.
NOVA Chemicals, with production assets in Canada and in Louisiana, and owned by Mubadala Investment Co. from Abu Dhabi, announced in late December 2022 the “mechanical completion” of expanded polyethylene and cracking capacity in Sarnia, Ontario, some 65...
