News Headlines

Saudi Arabian TSOC inks $160 mil finance deal for Jubail AA, butyl acrylate project

Dubai, February 6, 2012, 819 am EST/1319 GMT

Saudi Arabia's Tasnee Sahara Olefins Company has signed a Riyals 600 million ($160 million) financing agreement with the Saudi Industrial Development Fund for the construction of two acrylic acid plants and a butyl acrylate plant in Jubail, the company said late Sunday.

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News Features

Iranian Oil Sanctions: Iran's Ghasemi says EU sanctions will lead to 'terrible chaos'

February 6, 2012

Iranian Oil Minister Rostam Ghasemi on Feb 4 reiterated a threat to halt oil exports to "hostile" nations in the EU once winter is over and warned that the loss of Iranian crude oil would cause "terrible chaos" in the market and lead to an uncontrollable rise in oil prices.

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Podcasts

European naphtha marks unusually strong entry into 2012
February 3, 2012 - Discussing the European naphtha market, focusing on its rising strength on supply shortages going into 2012.

European PVC continues to struggle amidst protracted economic recovery
February 3, 2012 - Discussing factors affecting the European PVC market, from sluggish demand to increasing feedstock costs.

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Blogs

The Barrel: Saudi Arabia's petrochemical paradox

For anyone observing from the outside, Saudi Arabia's petrochemical manufacturers would seem little more than a vast, cash generating machine.

The Barrel: US Morning Market Analysis: Asian benzene declines as trading remains thin

Asian benzene declined $16.50 /mt or 1.37% week on week to be assessed at $1,184/mt FOB Korea Jan 27 as trading activity remained thin with Chinese traders away for the Lunar New Year Holidays.

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Commodity Pulse Videos

Top 250 Energy Company Rankings analysis: 'Big Oil' dominates, but Asia steals the show

November 2, 2011 (12:46 mins)

Platts editors take an in-depth look at Platts Top 250 rankings for 2011, including the continuing rise of both Asian and Eastern European energy companies.

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Industry Solution Papers Library

Special Report: Lighter feeds in US steam crackers brings new attitude toward on-purpose butadiene, propylene prospects

How inexpensive NGLs are pushing heaving naphtha feedstocks to the side and some in the markets are touting these developments as a renaissance for the US petrochemical industry (published September 2011).

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Top 250 Rankings

The Platts Top 250 recognizes outstanding financial performance for the previous year. Each company listed in the Platts Top 250 has distinguished itself through its remarkable performance and the outstanding efforts and dedication of its team.

Market Issues

Platts Market Issues are a series of occasional discussion papers examining price-discovery issues.

Energy Bulletin

A daily email compiling a regional round-up of the top, most recent Platts news, in-depth features, information on Platts events, products and a summary of what's new on platts.com.