Operations & Maintenance.

Silicones prices rise due to higher production costs and amid higher demand including from EVs makers

Apr 24, 2022

Some of the top global silicones manufacturers will increase prices in May to reflect a combination of rising costs including that for the silica metal raw material as well as energy, with strong demand from many areas, including EVs manufacturers.

Braskem set to start construction of $420-million ethane import terminal in Mexico´s biggest private investment project

Mar 21, 2022

Brazil-based Braskem, which owns a cracker and polyethylene plant in Mexico that started up over five years ago but has yet to run at full capacity, plans to begin in the second half of 2022 works contemplated for the past four years to build a $420-million...

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 North America’s biggest polypropylene producer, saw in July-Sept. 2021 its...

U.S. LNG exporters seeing strong demand recovery and record volume

Aug 24, 2021

U.S. Liquefied Natural Gas (LNG) exporters, which started shipments five years ago and this year are set to for the first time export more natural gas than what is shipped abroad through pipelines, are seeing strong demand this year from Asia, Europe and...

Chemical industry facing pressure for added tax burden to fund site remediation work

Jul 5, 2021

Petrochemical companies grouped under guild association American Chemistry Council oppose plans for a reinstatement in fiscal 2022 of Superfund chemical excise taxes that may bring back levies unseen in a quarter century saying that the added tax burden may...

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