Brazilian state oil Petrobras, specialized in deep-water, crude oil extraction, and which refines most of the fuel consumed by some 214 million Brazilians, confirmed on Aug. 22 a due...
The CEO of Brazil-based Braskem, Roberto Bischoff, said that the company that is Latin America´s biggest petrochemical organization is seeing atypical scenarios in plastic resin markets that include very large flows of plastic resin exports from the world´s...
Reinaldo Wences, executive vice president of Pemex Transformacion Industrial, or the Mexican state oil company´s crude oil processing area, said during the second quarter (April-June) earnings discussion call held on July 28, 2023, that the crude oil runs at...
The North American polypropylene market is as of mid-2023 marked by contracting demand as some consumers have reacted to volatile prices not just so far this year but since 2021, a time of high margins when some producers boasted about earnings above peers as...
Petrobras said it may invest in chemicals in an announcement that coincided with reports on the coming sale of what is not just Brazil and Latin America´s biggest petrochemical company but also North America´s biggest polypropylene producer, Braskem, where...
Shell officials said during the company earnings discussion on May 8, 2023 that the start up of the ethylene and polyethylene complex with 1.6 million tonnes of annual capacity of polyethylene where construction was completed last year has proceeded in a way...
Mexican state oil refiner and petrochemical producer Pemex has reverted a decade of plunging gasoline production and plans to reach self sufficiency to meet all future motor fuel needs for the country with its own assets by 2024, the general director of Pemex...
Prices offered by distributors in Mexico for pellets made by the biggest U.S. Gulf Coast plants for the most traded plastic resin, polyethylene, showed in the first week of January the lowest levels in about two years, but there was support after the freezing...
