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Butadiene market price movement forecast

China butadiene market price inched up in May, and enjoyed favorable supply fundamental. However, synthetic rubber market price decreased, and downstream demand was weak, dampening China but

May 30, 2018

Jiangsu plans to close 2077 coating chemical companies

Chemical companies have always been synonymous with “pollution.” Whenever environmental protection is implemented, chemical companies must bear the brunt of it.

May 29, 2018

Propylene price tracks uptrend on bullish factors

Domestic propylene price continued rising on May 23rd due to tight supply and refineries’ great intentions of raising prices considering low inventories, which was followed by Asia propyle

May 24, 2018

Shell’s petrochemical project is under construction in Pennsylvania US

Shell Chemical’s petrochemical project is under construction in Beaver Pennsylvania. The cracking facility is under construction, including a 1,500,000mt/yr ethylene cracking unit and a 1,

May 24, 2018

China coal-to-MEG industry faces four major problems

China is the world's largest consumer of MEG, with annual imports exceeding 7 million mt for seven consecutive years. The import volume reached 8.6 million mt in 2018, hitting historical hig

May 24, 2018

China Guangxi Investment Group’s Ethane-based Ethlyene, LLDPE, HDPE Project

This project is based on the expected increase of ethane import in the future. According to JLC, the Sino-U.S. trade negotiations agreed to increase U.S. energy exports.The import of ethane

May 22, 2018

China-US trade war’s influence on China toluene/xylene market (2)

The arbitrage window between Asia and U.S. was under closure for most of the time. U.S. usually relied on European toluene and xylene imports to supplement domestic demand. Thus, the trade w

May 22, 2018

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