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Everchem Updates
VOLUME XXI
September 14, 2023
Everchem’s exclusive Closers Only Club is reserved for only the highest caliber brass-baller salesmen in the chemical industry. Watch the hype video and be introduced to the top of the league: — read more
May 29, 2020
Propylene prices journey southwards in Asia on Thursday
FOB Korea propylene prices were down at the USD 715/mt levels, a day on day decline of USD 10/mt.
CFR China propylene prices were lower at the USD 760/mt levels, a drop of USD 10/mt from Wednesday’s assessed levels.
In plant news, Sinopec SABIC Tianjin Petrochemical, has taken off-stream its naphtha cracker, on May 9, 2020, for a maintenance turnaround. The cracker is likely to remain under maintenance for about two months. Located at Tianjin, China, the cracker has an ethylene production capacity of 1 million mt/year and propylene capacity of 540,000 mt/year.
In other plant news, BASF-YPC has undertaken a planned shutdown its naphtha cracker, on April 30, 2020. The cracker is expected to remain under maintenance till mid-June, 2020. Located in Jiangsu, China, the cracker has an ethylene capacity of 750,000 mt/year and propylene capacity of 400,000 mt/year.
May 29, 2020
Propylene prices journey southwards in Asia on Thursday
FOB Korea propylene prices were down at the USD 715/mt levels, a day on day decline of USD 10/mt.
CFR China propylene prices were lower at the USD 760/mt levels, a drop of USD 10/mt from Wednesday’s assessed levels.
In plant news, Sinopec SABIC Tianjin Petrochemical, has taken off-stream its naphtha cracker, on May 9, 2020, for a maintenance turnaround. The cracker is likely to remain under maintenance for about two months. Located at Tianjin, China, the cracker has an ethylene production capacity of 1 million mt/year and propylene capacity of 540,000 mt/year.
In other plant news, BASF-YPC has undertaken a planned shutdown its naphtha cracker, on April 30, 2020. The cracker is expected to remain under maintenance till mid-June, 2020. Located in Jiangsu, China, the cracker has an ethylene capacity of 750,000 mt/year and propylene capacity of 400,000 mt/year.
May 28, 2020
May 28, 2020
May 28, 2020
Tempur-Sealy on watch after strong guidance update
Tempur-Sealy International (NYSE:TPX) says it expects FQ2 sales to be down about 30% Y/Y after seeing some improving trends of late.
The company notes the broad-based improvement has been driven by continued robust growth from global e-commerce, the re-opening of domestic retail stores and positive trends in Asia and Northern Europe.
Tempur-Sealy now expects to be unadjusted EBITDA breakeven or better for the current quarter after guiding previously for an unadjusted EBITDA loss.
https://seekingalpha.com/news/3578212-tempur-sealy-on-watch-after-strong-guidance-update?utm_medium=email&utm_source=seeking_alpha&mail_subject=tpx-tempur-sealy-on-watch-after-strong-guidance-update&utm_campaign=rta-stock-news&utm_content=link-3
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