A rapid increase in U.S. propane exports to Asia in recent years contributed to the U.S. reaching a record export level of 1.7 million barrels per day in March.
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In this week’s Trader’s Corner, Mark Rachal with Cost Management Solutions reviews propane inventory changes and weather pattern shifts.
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In this week’s Trader’s Corner, Mark Rachal from Cost Management Solutions evaluates the data showing refineries are making less fuel-use propane.
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In this week’s Trader’s Corner, Mark Rachal from Cost Management Solutions analyzes why petrochemicals’ use of propane is cooling.
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Phillips 66 received an international certification for its Sweeny Refinery in Texas to process oil made from waste plastics into feedstocks for new plastics.
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The residential price of propane was slightly above the previous five-year average to start the winter heating season, but its price has remained flat since.
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National Propane Gas Association (NPGA) webinar participants spoke about the progress being made with the corn crop and presented propane supply forecasts.
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U.S. exports of propane have been increasing, primarily to countries in East Asia, as a result of cold weather and robust petrochemical feedstock consumption.
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The proprietary dehydrogenation process from Thyssenkrupp produces propylene from propane feedstocks, or iso-butylene from iso-butane feedstocks.
Read More PDH 2 will have the capacity to upgrade 35,000 barrels per day of propane into 1.65 billion pounds per year of polymer grade propylene.
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