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Last updated on April 18, 2014 at 1:21 EDT

Latest Naphtha Stories

2012-04-17 02:22:38

PASADENA, Calif., April 17, 2012 /PRNewswire/ -- Jacobs Engineering Group Inc. (NYSE:JEC) announced today that it was awarded a contract from Saudi Basic Industries Corporation (SABIC) to provide engineering, procurement, and construction management (EPCM) services to support the upgrade of an Olefins 4 plant at SABIC's petrochemical production complex in Geleen, The Netherlands. Officials did not disclose the contract value; however, they noted that the project is scheduled to be completed...

2011-12-06 14:15:00

PORT ARTHUR, Texas, Dec. 6, 2011 /PRNewswire/ -- Port Arthur area officials and BASF FINA Petrochemicals LP executives today celebrated the 10 year anniversary of the BASF FINA Petrochemicals operation, home to one of the world's largest single train naphtha steam crackers. Since operations began in 2001, the site has produced more than 34 billion pounds of products that are essential chemical building blocks for many consumer and industrial goods. "We are very proud to recognize this...

2011-07-29 06:00:00

ROTTERDAM, The Netherlands, July 29, 2011 /PRNewswire/ -- Second-Quarter 2011 Highlights Net income of $804 million; Diluted earnings per share of $1.38 Quarterly EBITDA of $1,553 million; 11 percent increase from first quarter 2011 Sales of $14.0 billion, a 15 percent increase from first quarter 2011 Margin expansion in global olefins, U.S. refining and oxyfuels businesses Majority independent Supervisory Board in place with addition of four new members Initiated dividend...

2011-07-18 00:01:35

In his testimony, Richard Murray from SABIC Petrochemicals BV wrote that he obtained "Ëœa very good review of the main issues and growth areas in the industry". For Tetsuji Ogura from JX Nippon Oil & Energy Corp, 17th APS was "Ëœvery useful', while Shafi AlAjmi of PIC Kuwait proclaimed it as an "excellent conference". These sentiments were echoed by many of those who have attended CMT's annual APS or Asia Petrochemicals Summit since its inception many years ago. As...

2011-01-25 06:30:00

NINGBO, China, Jan. 25, 2011 /PRNewswire-Asia-FirstCall/ -- Keyuan Petrochemicals, Inc. (Nasdaq: KEYP) ("Keyuan or the "Company"), a leading merchant manufacturer of various petrochemical products in China, today announced that it has received approval for a patent related to the Company's proprietary production process, called MEP (Multiple Ethylene Propylene). MEP is an exclusive and leading technology used in Keyuan's existing production process. Through the ingenuity of its CEO...

2011-01-25 00:02:24

The 9th Asia Petchem Feedstock Markets summit to be held in Shanghai, China on 23-24 February 2011 will focus on the latest developments in the Asia petrochemical feedstocks industry, feedstock supply/demand situation as well as project developments and corresponding impact from/in Asia and Middle East. Shanghai, China (Vocus/PRWEB) January 25, 2011 Naphtha prices soared to a two year high in early December, driven by strong demand in Asia, specifically China. Meanwhile in Saudi Arabia, the...

2011-01-20 08:43:00

HOUSTON, Jan. 20, 2011 /PRNewswire/ -- Chemical Market Associates, Inc. (CMAI) announces the completion of the Five Year Outlook of the East-of-Suez (Asia & Middle East) Petrochemical Market Outlook, a jointly developed study with strategic alliance partner Purvin & Gertz, Inc. The study, which covers the years 2010 - 2015, includes a detailed analysis of the condensate, crude, petrochemicals and LPG markets, and their impact on the East-of-Suez naphtha market. (Logo:...

2011-01-06 09:59:00

HOUSTON, Jan. 6, 2011 /PRNewswire/ -- Chemical Market Associates, Inc. (CMAI) announces the completion of the 2011 World Benzene Analysis, an annual global study that covers historical trends and future projections for supply, demand, production, capacity, trade, pricing and profitability of the global benzene industries for the period 2005 to 2015. Included with each analysis is 12 months access to CMAI's online capacity and supply/demand databases with a mid-term supply/demand update,...

2010-12-16 08:49:00

LONDON, Dec. 16, 2010 /PRNewswire/ -- Platts - The monthly average price of petrochemicals, as measured by the Platts Global Petrochemical Index (PGPI), was $1,194 per metric ton (/mt) in November, according to just-released data from Platts, a leading global energy and metals information provider. This is up 2.96% from October and the highest in seven months. The PGPI is a basket of seven widely-used petrochemicals. The November average PGPI price, up 18.92% versus the same period a...

2010-11-10 11:05:00

LONDON, Nov. 10, 2010 /PRNewswire/ -- Platts - The monthly average price of petrochemicals, as measured by the Platts Global Petrochemical Index (PGPI), a basket of seven widely-used petrochemicals expressed daily in dollars per metric ton ($/mt), was $1,159/mt in October or up 5.65% from September, according to Platts, a leading global energy and metals information provider. The October rise is attributed to late third-quarter currency fluctuations, increased synthetic fabric...