Communicator

Eastman Longview site has been added.
Steam cracker facility and output have also been created.

#eastman #longview  #texas  #usa #steamcracking  #kbr 

Eastman Chemical Company has been added.

#eastman  #eastmanchemical  company #usa  #kingsport  #tennessee 

Ineos Green Lake site has been created and acrylonitrile plant and capacity added..

#ineos #nitriles  #usa  #greenlake  #acrylonitrile  #ammoxidation  #sohio 

SP Chemical completed the first gas-based cracker in Taixing, China, in 2019, producing 780,000 tpa ethylene and 150,000 tpa propylene.

February 7, 2025 | SINGAPORE (Reuters)

Despite growing trade tensions between Washington and Beijing, China's ethane imports from the United States are expected to rise significantly in 2025 as petrochemical producers seek cheaper feedstock alternatives. Major Chinese companies are investing over $16 billion in infrastructure improvements to accommodate this growth.

Industry analysts forecast China's ethane imports to reach between 6.3 million and 8.2 million metric tons in 2025, representing an increase of 9% to 34%. The U.S. Energy Information Administration projects its net ethane exports to rise 6% to 520,000 barrels per day, with China expected to absorb most of this increase.

However, two main factors currently constrain this trade growth: limited U.S. export capacity and a shortage of specialized tankers. To address these limitations, U.S. pipeline operators Energy Transfer and Enterprise Products Partners are expanding their terminal capacities.

China has also demonstrated its commitment to increasing ethane imports by reducing its import tariff to 1% in 2025, down from 2% in 2024. Enterprise CEO Jim Teague remains optimistic about the trade relationship, noting that Chinese dependence on imported propane and ethane should protect this segment from broader trade tensions.

#ethane  #china  #imports  #usa  #feedstock  #refining  #refinery  #steamcracking  #gascracker  #propane  #ethyleneplant 

US Presidential candidates have diverging views on the oil industry.

Trump supports expanding production, which could lower oil prices. Harris, who favors green energy, has previously supported a ban on fracking and could limit production. Under president Biden, the free cash flow of the top 10 oil and gas companies tripled in 3 years.

Trump proposes a 10% duty on all imports and a 60% duty on Chinese imports, which could reduce energy demand. Trump may tighten sanctions against Iran but ease measures against Russia.

#russia  #iran  #usa  #trump  #harris  #potus  #oilandgas  #greenenergy  #oilprice  #fracking