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ICIS global Petrochemical Index (IPEX) plunges to November 2003 level


The ICIS Petrochemical Index (IPEX) plunged in April as the impact of the falling oil price and coronavirus-driven demand destruction slammed the sector. The global index stands at a level last seen in November 2003 and is just below that in January 2009. Each of the regional components of the ...


BASF to increase prices for construction chemicals across Europe


BASF’s Construction Chemicals division increased prices across Europe during the first quarter of 2017, resulting in effective prices 2–3% above prior year. The price increase was necessary to continue to provide customers with high quality products and high levels of service in an environment of ...


Oxea Announces Price Increase for Carboxylic Acids in Europe


Oxea Announces Price Increase for 2-Etyhlhexanoic acid, Isononanoic acid, n-Butyric acid, Isobutyric acid, Propionic acid, and Heptanoic acid in Europe. Oxea will increase list and off-list prices on the following products effective April 1, 2017, or as contracts allow for ...


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People willing to pay more for new biofuels


When it comes to second generation biofuels, Washington State University research shows that consumers are willing to pay a premium of approximately 11 percent over conventional fuel. "We were surprised the premium was that significant," said Jill McCluskey, WSU professor in the School of ...


BASF to increase prices for butanediol and derivatives


With immediate effect, or as existing contracts permit, BASF SE will increase its European selling prices for the following products: 1,4-Butanediol (BDO) + 50 EUR/mt Tetrahydrofuran (THF) + 75 EUR/mt Polytetramethylene ether glycol (PolyTHF®) + 100 EUR/mt N-Methyl-2-Pyrrolidone ...


World Bank Raises 2017 Oil Price Forecast

OPEC agreement to limit production seen sending prices higher


The World Bank is raising its 2017 forecast for crude oil prices to $55 per barrel from $53 per barrel as members of the Organization of the Petroleum Exporting Countries (OPEC) prepare to limit production after a long period of unrestrained output. Energy prices, which include oil, natural gas ...


Oxea Announces Price Increases for n-Propanol and n-Propyl Acetate


Oxea has announced that it will implement a price increase for off-list prices on the following products, effective January 1, 2016, or as contracts allow. USA, Canada, Mexico South and Central America Asia, Africa, Middle East Product USD/lb USD/mt USD/mt n-Propyl ...


Oxea Announces Price Increases for 1,3-Butylene Glycol


Oxea will increase list and off-list prices on the following products effective July 1, 2015, or as contracts allow. Asia,North America, Latin America North America Europe, Middle East, Africa Product USD/mt USD/lb EUR/mt 1,3-Butylene Glycol (1,3-BG Industrial Quality) + ...


LANXESS: Price increase for several synthetic elastomers


The High Performance Elastomers business unit of specialty chemicals company LANXESS raises its prices for several synthetic rubbers in Europe, Middle East and Africa effective June 1, 2015 as follows: The price adjustments per metric ton for its EPDM grades is EUR100. The price adjustment ...


Arkema announces a price increase of Specialty Polyolefins


Due to the rising costs of raw materials, Arkema will implement a price increase of 150€/MT for its Specialty Polyolefins. Rising prices of raw materials (ethylene, and acrylates acetate) continues to affect our costs very significantly.This price change will be effective on June 1st, 2015 or as ...


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