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...
Alberta is already home to Canada’s largest petrochemical manufacturing industry. Petrochemicals make up a C$16 billion industry in Alberta that directly or indirectly employs over 30,000 people, according to the province's Ministry of Natural Gas and...
The running rates reduction comes amid a sharp decline in resin prices like polyethylene (PE). Experts believe the ongoing weakness may linger for an undetermined period.
The Covid-19 pandemic turned the table for U.S. petrochemical companies that saw cost advantages erode for their ethane crackers in relation to those that use naphtha as feedstock.
Before Covid-19 petrochemical plants could depend on co-production of multiple chemical intermediates with predictable demand for each but producers now struggle to find new balances, executives participating on a Petrochemical Update webinar on April 16,...
Following their acquisition by Thomson Reuters in October 2019, Petrochemical Update, the team behind the world’s leading downstream event, are making their incredible insights and analysis collections available for free in a new industry intelligence hub
Companies in Canada, Latin America, and the United States opted for risk-reduction decisions as the timeline for resolving the Covid-19 crisis appeared indefinite.
Petrochemical plants have set up emergency response teams and readied special Covid-19 staffing plans while implementing remote working where possible, according to the American Fuel and Petrochemical Manufacturers (AFPM) association.
