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High Propylene Prices Dampen Demand

...ethane yields mostly ethylene and no propylene, while cracking propane, butane or naphtha yields 15% to 17% propylene and less ethylene. –Kristen Hays, kristen.hays@spglobal.com –Edited by Alisdair Bowles, alisdair.bowles@spglobal.com https://www.platts.com/latest-news/petrochemicals/houston/new-enterprise-texas-pdh-plant-commissioning-10203793...

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Propylene Hikes Announced

...on a monthly basis between major producers and buyers. The process includes price nominations by producers and subsequent negotiations with customers. –Pavel Pavlov, pavel.pavlov@spglobal.com –Edited by Derek Sands, derek.sands@spglobal.com http://www.platts.com/latest-news/petrochemicals/houston/second-august-us-propylene-nomination-calls-for-21199841?hootpostid=7cbaa4bcc75ef0a0313b882b6426057f...

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Another Bolt-on Acquisition for Applied Adhesives

...of PRIME Industries, a regional supplier of adhesives, sealants, and dispensing equipment solutions located in Denver, CO. This acquisition strengthens the Company’s commitment to providing industry leading products, technical expertise,...

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Wanhua Propylene Unit Starts Up

...production capacity of 750,000 mt/year, and can use up to 900,000 mt/year of propane and 600,000 mt/year of butane as feedstock. –Ramthan Hussain, ramthan.hussain@platts.com –Edited by Irene Tang, irene.tang@platts.com http://www.platts.com/latest-news/petrochemicals/singapore/chinas-yantai-wanhua-starts-up-propane-dehydrogenation-27705558...

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European Propylene Update

...market, the biggest demand pull for propylene, market sources said demand was expected to pick up following the previous holiday lull. –Lara Berton, lara.berton@spglobal.com –Edited by James Leech, james.leech@spglobal.com https://www.platts.com/latest-news/petrochemicals/london/european-propylene-spot-prices-show-marginal-26933005...

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Propylene Has Probably Peaked for Now

...reached a 26-month high of 54.25 cents/lb. Spot pricing has shed nearly 10% since, closing Monday at 49.25 cents/lb FD USG. –Nida Qureshi, nida.qureshi@spglobal.com –Edited by Annie Siebert, ann.siebert@spglobal.com http://www.platts.com/latest-news/petrochemicals/sanantonio/afpm-2017-us-propylene-to-see-sharp-drops-in-21274479...

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Propylene Rises in Asia

...a spike of USD 40/mt from last Friday’s assessed levels. CFR China propylene prices were higher at the USD 665/mt levels, a surge of USD 50/mt from last Friday. https://www.polymerupdate.com/news/Home/14Apr2020/1055540/propylene-prices-bolster-higher-in-asia-on-monday...

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New Partner at Arsenal

...firm works with management teams to build strategically important companies with leading market positions, high growth, and high value-add. For additional information on Arsenal Capital Partners, please visit. www.arsenalcapital.com. http://finance.yahoo.com/news/arsenal-capital-partners-names-joseph-130500409.html...

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Covestro China Update

...and pesticides businesses. Lutz told the German weekly Euro am Sonntag on Sunday that Covestro intended to pay Bayer its outstanding debt of €2 billion next year, Reuters reported. http://www.scmp.com/business/companies/article/1887498/plastics-maker-covestro-looks-past-china-slowdown...

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Composites Overview

...me at jeff@compositesworld.com. And keep an eye on your inbox for this survey — we will send it again soon to find if and how the supply situation is improving. https://www.compositesworld.com/articles/playing-hard-to-get...

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