Toluene & Xylene Market Update
Traders overshot gasoline demand this past summer with around 3 million barrels of imported toluene and xylene from South Korea in May and June. It took several months to blend off these imports.
Traders overshot gasoline demand this past summer with around 3 million barrels of imported toluene and xylene from South Korea in May and June. It took several months to blend off these imports.
September imports came in at approximately 7,000 MT’s. Q4 2024 should see at least this volume per month based upon where Asian pricing has been seen over the last 6 weeks.
The Plaza Group has announced the appointment of Michael Jennings, Chief Executive Officer of HF Sinclair Corporation, as its newest independent board member.
The Plaza Group, a leading international petrochemical marketing firm, has announced the hiring of Perla Zarate and Hayden Hefty.
The existing board of The Plaza Group appointed Bradley Preber as its newest board member, and a representative of the Audit Committee. Preber will join Eugene Allspach, Carmine Falcone, Dr. Laura Murillo and Gene Kenyon on the board.
The existing board of The Plaza Group appointed Dr. Laura Murillo as a new board member; she will serve as Chair of the Nominating & Governance Committee. The new member will join Eugene Allspach, Carmine Falcone and Gene Kenyon on the board.
TPG Grupo Plaza completed a full year of operations in June of 2022 and…
Global and North American lignosulfonate supply will continue to remain tight for the next 2-4 years. In 2019 250,000 metric tons of global lignosulfonate capacity shut down. In 2021 80,000 tons of North American lignosulfonate capacity shut down.
The Plaza Group has announced the hiring of Paco Rangel as Commercial Director for benzene and styrene.