Supply Chain & Logistics

U.S. ethylene exports to China soar despite Covid-19, trade war

Dec 13, 2020

U.S. exports of ethylene, the petrochemical industry’s main building block, expanded fourfold during the first months of the pandemic showing that in spite of a trade war and Covid-19 some exports thrived, said Saad Rahim, chief economist at Trafigura.

Recycling industry challenged by pandemic, fragmentation, price opacity

Dec 1, 2020

Falling crude oil prices during to the pandemic drove down virgin plastic resins prices and made recycled plastic comparatively more expensive, adding to challenges the recycling industry has long faced such as industry fragmentation and a lack of price...

Most refineries that shut in 2020 may only reopen as terminals, renewable plants

Nov 18, 2020

Expectations for a slow post-pandemic fuel demand recovery, which already shut down two million barrels per day of refining capacity in 2020, will limit owners options in the future.

Rising demand for hydrogen attracts interest of U.S. Gulf Coast petrochemical companies

Oct 13, 2020

U.S. petrochemical companies that already produce hydrogen as a by-product in processes like ethane cracking or while making chlorine are exploring new revenue possibilities.

Canada’s two biggest petrochemical projects face reality check

Sep 29, 2020

Inter Pipeline and Pembina Pipeline, two Canadian midstream companies behind the country’s two biggest petrochemical projects, face a reality check after spending hundreds of millions in plans to go downstream by turning propane gas they traditionally only...

New polypropylene plant in Texas to relieve momentary shortage but later add to glut

Sep 15, 2020

Braskem announced on Sep. 10 the start of its new one-billion-pounds-per-year Texas polypropylene (PP) line that while it will relieve momentary tightness in the North American market, may aggravate longer-term conditions of oversupply and negative demand...

U.S. LNG exporters face adverse market in 2020 but outlook to improve

Aug 31, 2020

U.S. LNG exporters faced an adverse market in 2020 as contract customers paid to reject cargoes rather than take them amid sharply lower spot prices caused by a supply glut, but demand will begin to improve.

U.S. petrochemical plants see higher polyethylene demand and prices four months into pandemic

Aug 18, 2020

Polyethylene prices saw in July gains for two consecutive months with additional price increases sought for August. Meantime, petrochemical consumption demand recovery related to automotive and durables, as well as for fuel-related products like methanol,...

Germany-based specialty chemicals producer LANXESS seeks acquisition targets in U.S.

Aug 4, 2020

The U.S. presence of specialty chemical company LANXESS AG includes 18 productions sites and five other locations. Its LANXESS Corporation subsidiary has headquarters in Pittsburgh, Pennsylvania.