Celanese increases March prices of EVA polymers in Asia

MOSCOW (MRC) -- Celanese Corporation, a global technology and specialty materials company, has increase March list and off-list selling prices for Ateva EVA polymers, as per the company's press release.

The price increase was USD100 per tonne for shipments to Asia.

As MRC reported before, in February 2017, Celanese Corporation announced that it would increase the price of emulsions sold in the Americas. Vinyl acetate homopolymer emulsions, vinyl acrylic emulsions, vinyl acetate ethylene emulsions, and acrylic emulsions rose by up to USD0.03/wet pound effective March 1, 2017, or as contracts allow. This price increase affects all applications including, but not limited to, adhesives, paints and coatings, building and construction, nonwovens, glass fiber, carpet, paper and textiles.

This announcement is in addition to the price increase for vinyl acetate based emulsions which was announced on October 14, 2016, and effective November 15, 2016.

Celanese Corporation is a global technology leader in the production of differentiated chemistry solutions and specialty materials used in most major industries and consumer applications.Based in Dallas, Celanese employs approximately 7,300 employees worldwide and had 2016 net sales of USD5.4 billion.
MRC

Celanese raises VAM prices in Asia

MOSCOW (MRC) -- Celanese Corporation, a global technology and specialty materials company, has increased list and off-list selling prices for vinyl acetate monomer (VAM) in Asia in view of recent market conditions, as per the company's press release.

The price increases below were effective 7 March, 2017, or as contracts otherwise allow and were as follows:

- CNY200/tonne - for China;
- USD100/tonne - for Asia outside China.

As MRC informed before, Celanese Corporation also increased March list and off-list selling prices for Ateva EVA polymers. The price increase was USD100 per tonne for shipments to Asia.

Celanese Corporation is a global technology leader in the production of differentiated chemistry solutions and specialty materials used in most major industries and consumer applications.Based in Dallas, Celanese employs approximately 7,300 employees worldwide and had 2016 net sales of USD5.4 billion.
MRC

Amec awarded Eni contract for refinery conversion

MOSCOW (MRC) -- Amec Foster Wheeler announced that it has been awarded a lump sum turn-key contract in excess of EUR50 million by Eni SpA for the engineering, procurement and construction of a new steam reforming plant for hydrogen production to be built at its refinery at Gela, Italy, said Hydrocarbonprocessing.

Building on its relationship with the supermajor, Amec Foster Wheeler was hired by Eni as part of a major investment program in Italy to convert its refineries from "conventional" to “green” bio-refineries, and will use Amec’s hydrogen technology and differentiated Terrace wall-fired heater.

"This is the first contract that Amec Foster Wheeler has been awarded in the new ‘green refineries’ market, and represents an area in which we see significant growth potential,” said Marco Moresco, Amec Foster Wheeler’s President, Downstream Capital Projects Europe, Middle East and Africa. “Amec Foster Wheeler’s work for Eni will involve using our proprietary technology to maximize the value of their assets, and we’re delighted that it builds on the long-term relationship we have with Eni."

Amec Foster Wheeler’s scope of work includes engineering, procurement services and supply of materials and equipment, construction and supervision, pre-commissioning, and training. Amec Foster Wheeler will also support Eni during commissioning, start-up and testing of the new steam reforming plant. The company's role is expected to be completed in the fourth quarter of 2018.

As MRC informed earlier, ENI in 2016 announced that it could not reach an agreement with the US private equity firm SK Capital to sell a majority stake in ENI’s chemicals subsidiary Versalis (Milan) and has terminated the discussions.
MRC

Lanzhou Petrochemical shut LDPE plant in China for maintenance

MOSCOW (MRC) -- Lanzhou Petrochemical, part of PetroChina, has taken off-line a low density polyethylene (LDPE) plant, according to Apic-online.

A Polymerupdate source in China informed that the company commenced a brief maintenance at the plant on March 6, 2017. The plant is expected to resume production by this weekend.

Located in Gansu province, China, the plant has a production capacity of 200,000 mt/year.

As MRC wrote previously, another subsidiary to PetroChina - Jilin Petrochemical - is in plans to its LDPE plant off-stream for a maintenance turnaround in mid-June 2017. The plant is expected to remain shut for around 15 days. Located in Jilin province, China, the plant has a production capacity of 275,000 mt/year.

Lanzhou Petrochemical Company engages in oil refining and fertilizer and ethylene production. The company was founded in 1960 and is based in Lanzhou, China. Lanzhou Petrochemical Company operates as a subsidiary of PetroChina Co. Ltd.
MRC

Celanese increases March prices of EVA emulsions in China

MOSCOW (MRC) -- Celanese Corporation, a global technology and specialty materials company and a global leader in vinyl acetate ethylene (EVA) emulsions, has increased March prices of vinyl acetate-based emulsions sold in China, as per the company's press release.

Thus, the price for EVA emulsions sold in China rose by CNY240/mt effective February 23, 2017, or as contracts otherwise allow.

This price increase affects all applications for VAE emulsions including, but not limited to, adhesives, paints and coatings, waterproofing, building and construction and carpet.

As MRC informed before, Celanese last raised its prices of EVA emulsions sold in China on 20 November 2016. Then, prices of EVA emulsions grew by CNY200/mt for this region China.

Celanese Corporation is a global technology leader in the production of differentiated chemistry solutions and specialty materials used in most major industries and consumer applications. Based in Dallas, Celanese employs approximately 7,300 employees worldwide and had 2016 net sales of USD5.4 billion.
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