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Imports continue to drive down PP pricing

Plastics News - 7/29/2016 1:13:29 PM
Regional prices for polypropylene and solid polystyrene both fell, while PVC prices rose and prices for all grades of polyethylene and PET bottle resin treaded water. Regional PP prices continued their slide in June, dropping another 4 cents per pound on ...

Discover the global high density polyethylene market 2016 industry share, sales, growth & forecast to 2021

Whatech - 7/25/2016 2:15:30 PM
The High Density Polyethylene (HDPE) market report analysed the world’s main region market size, share, trends, conditions, including the product price, profit, capacity, production, capacity utilisation, supply, demand and industry growth rate.

Global Polyethylene Glycol Industry demand, analysis & forecast to 2021 available in new report - 7/25/2016 1:32:33 PM
2.1 2016 Global Key Manufacturers Polyethylene Glycol Price List 2.2 2016 Global Key Manufacturers Polyethylene Glycol Gross Margin List 2.3 2016 Global Key Manufacturers Polyethylene Glycol Capacity and Market Share List 2.4 2016 Global Key Manufacturers ...

Phillips 66 : Reports Second-Quarter Earnings of $496 Million or $0.93 Per Share

4 Traders - 7/29/2016 10:57:29 AM
This was an increase of $25 million compared with the prior quarter, primarily due to higher polyethylene sales prices and margins. Equity earnings were also up due to improved margins. Global utilization for O&P was 91 percent, reflecting planned ...

Wax Emulsion Market Review and Forecast 2020

Empowered News - 7/27/2016 2:48:55 PM
This report studies Wax Emulsion in Global market, especially in North America, Europe, China, Japan, India and Southeast Asia, focuses on top manufacturers in global market, with sales, price, revenue and market share for each manufacturer, covering 4 ...

Bankhaus Lampe KG covered (ETR:KRN) KRONES, upping its stock price target to 100EUR earlier today - 7/25/2016 12:03:40 AM
Displaying a price of 91.93EUR, KRONES (ETR ... It also manufactures stretch blow-molding machines for producing Polyethylene terephthalate bottles. In December 2013, it acquired HST Maschinenbau GmbH. In January 2014, and it founded Evoguard GmbH to ...

Dow Chemical profit tops estimates on higher plastics volume

Farm Futures - 7/28/2016 1:36:09 PM
“You had significant price hikes for polyethylene, ethylene went up, and the feedstock cost didn’t move up much.” The company’s shares climbed 4.2% this year through Wednesday. To contact the reporter on this story: Jack Kaskey in Houston at ...

What oil slump? Exxon Mobil to spend $450 million to expand Texas refinery

Dallas News - 7/27/2016 9:33:57 AM
So what if crude oil is still in a price slump and even the price of refined petro products ... was contemplating two expansion projects — one to the refinery, plus a new polyethylene plant — worth a combined $1.5 billion." The Oil and Gas Journal ...

Westlake Chemical (WLK) Q2 Earnings: What's in the Cards?

NASDAQ - 7/26/2016 7:33:27 AM
However, demand is heavily dependent on oil prices as it increases with a rise in the price. Demand for polyethylene improved toward the end of the first quarter with two price hikes, one in March and one in April, which is expected to benefit the second ...

Chevron Phillips Chemical celebrates completion of new polyethylene pilot plant

Tulsa World - 7/25/2016 11:55:19 PM
The polyethylene processes that the Chevron Phillips Chemical ... Cella said that the company is not releasing the new pilot plant's price tag but described the investment as "significant." Cella said that some jobs were created to construct the new ...

Weekly resin report: Spot PP, PE resin prices firming up

Plastics Today - 7/19/2016 4:17:09 PM
Polyethylene (PE) demand was good from both the processor and reseller sectors. Polypropylene (PP) buyers mostly were looking for special deals and seemed armed with patience. Spot resin prices firmed up: PE saw gains of $0.005 to 0.015/lb, depending on ...

UK polyethylene prices rise as currency falls, converters brace for future increases

Platts - 6/30/2016 12:36:18 PM
UK polyethylene prices have risen following reaction to the UK's Brexit vote last week to leave the EU, market sources said this week. The Brexit vote led to a fall in sterling to Eur1.2166 on Wednesday from Eur1.3039 on June 22. One UK-based trader said ...

Exxon Mobil Corp. (XOM) Stock Rating Reaffirmed by Barclays PLC

BNS - 7/28/2016 2:19:06 PM
Barclays PLC’s price target points to a potential upside of 12.20% from ... The Company also manufactures and markets petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics, and various specialty products.

Polyethylene Prices Remain Subdued

Spend Matters - 7/29/2015 2:26:39 AM
Spend Matters welcomes this guest article from IHS. Packaging producers saw some cost savings last year as the drop in oil prices lowered the cost for a variety of chemical products. Polyethylene (PE) is one of the largest volume thermoplastics and is ...

Beware the oil slick: US polyethylene prices slip and slide to unexpected levels - 4/14/2015 11:59:10 PM
For two years, US polyethylene prices climbed higher and higher. For two years, feedstock prices had little-to-no impact on domestic polyethylene contracts. Upward or downward shifts in domestic demand seemed to have little effect. And what was happening ...