Propylene Glycol Sees Relief But Still Tight

April 28, 2022 A softening in spot prices and increased availability for Propylene Glycol was welcome news earlier this year. Despite this, tightness of supply is still at hand in the U.S. market, and is expected to last at least through 2022. Propylene Glycol (PG) is a downstream product of either crude oil (crude-derived Propylene […]

Plugging the Gap: Crude, Chemicals, and the Ukraine Conflict

March 30, 2022 The conflict in Ukraine is heavily impacting both oil and downstream chemicals. Here is the current situation and outlook, plus all of the chemical increase announcements we’ve seen so far. Crude Oil (situation/outlook): Russia, one of the top three oil producers in the world, has been supplying about 10% of the global […]

Polar Storms Paralyze Chemicals

February 19, 2021 MANY chemicals have been severely affected by the winter storms Uri and Viola that rocked the Gulf Coast region this week, including Propylene Oxide, Propylene Glycol, Hydrocarbons, Acetone, Isopropyl Alcohol, P-series Glycol Ethers, E-series Glycol Ethers, Chlorine, Caustic Soda, and Hydrochloric Acid, to name a few. The weather crisis has caused dozens […]

Rising Propylene Shifts Market for IPA, Other Chemicals

February 10, 2021 The US Isopropyl Alcohol market has been a sideshow of its own against the backdrop of the COVID-19 pandemic. Commonly used for sanitization, IPA’s initial extraordinary price leap left market players staggered. Then, just as suddenly, a dramatic slide as the need was met, that brought pricing nearly back to pre-pandemic levels. […]

Plant Issues Cause Propylene Glycol Hike

October 29, 2020 Earlier this month, a leak developed in a Propylene Oxide refining column at LyondellBasell. Force Majeure has been declared by LyondellBasell on all Propylene Oxide derivatives as they have been forced to significantly cut production as a result. As Propylene Oxide is a precursor to Propylene Glycol, this plant issue has had […]