On 5th May 2021, Chevron Phillips Chemical revealed plans to expand its alpha olefins business by building a second world-scale unit to produce on-purpose 1-Hexene w... Read More

Import prices of bottle-grade Polyethylene Terephthalate (PET) rose by around two-thirds since June 2020 to USD 1521 per MT which is a multiyear high. The reason beh... Read More

As per the latest US Energy Information Administration (EIA) data, the US paraffinic Base Oil output reached record lows in February 2021, hitting levels which were ... Read More

The freeze fallout in mid-February caused US’ petrochemicals production including Polypropylene (PP) to a total halt. As production rates ramp up at the start ... Read More