Reliance to double paraxylene capacity at Jamnagar: Mukesh Ambani

Local oil refiners are boosting production of paraxylene (PX) products as earnings from their lucrative high-end lubricant business plunge due to the worldwide economic slump. According to SK Innovation, a holding company-of oil refining businesses ...

Japan's JX Nippon Oil and Energy has cut its nomination for the June paraxylene Asian Contract Price by $20/mt to $1,450/mt CFR, sources close to the negotiations said Friday. There are four PX ACP sellers in Asia -- Japan's Idemitsu Kosan and JX ...

Asian paraxylene has been in the spotlight lately, with China worried about the PX boom causing air degradation and other problems. Chua Sok Peng, managing editor for Platts Asia Petrochemicals, discusses reasons behind the big build up in the next ...

Tokyo (Platts)--28May2013/335 am EDT/735 GMT The Asia Contract Price for paraxylene is likely to reach a settlement for June, after no conclusion for May, as a firmer purified terephthalic acid production margin has narrowed the gap between buyers ...

Related SZ China Reports: The backwardation structure in the Asian paraxylene market narrowed to $2/mt Thursday from $5/mt Wednesday as front-month laycans were seen to be weaker than back-month and amid heavy spot PX selling by Chinese purified ...

Singapore (Platts)--14May2013/132 am EDT/532 GMT Major Chinese purified terephthalic acid makers offered down their paraxylene feedstock Monday as the May PX Asia contract price failed to settle at the end of April. The PX ACP, negotiated monthly ...

Petrochemical firm Dragon Aromatics plans to begin trial operations of its delayed US$3 bln paraxylene plant on China's southeast coast later this month, as per Reuters. Dragon Aromatics, owned by Taiwan's Xianglu Group, is one of China's biggest ...

The environmental assessment report related to the upcoming paraxylene (PX) project in Kunming, Yunnan Province, will be released shortly in accordance with procedures, Mayor Li Wenrong said on Sunday.This is in a response to the public demand for ...

The contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project ...