Attend PetroChem Wire's FREE Half-Day Seminar in Houston
You are warmly invited to “Now More Than Ever,” PetroChemWire's FREE seminar in Houston.
With more material all along the US petrochemical value chain now available to the world, experts from PCW – the provider of benchmark olefins and polymers prices for the CME and ICE – will discuss the volatile petrochemicals space, managing price risk, feedstock economics and the impact of new capacities.
You can also network at our cocktail reception following the presentations.
Where: Hearsay on the Green, 1515 Dallas St., Houston TX 77010
When: 2-5 p.m., March 20, 2018 (Cocktail reception 4-5 p.m.)
Kathy Hall, CEO and Executive Editor, PCW
David Barry, Senior Editor, PCW
Robert Sharp, Senior Editor, PCW
Samantha Hartke, Product Manager, PCW
Trey Hamblett, VP of Chemicals Research, IIR Energy
US nonfuel use propylene supplies climb to highest since September
HOUSTON, February 28, 2018 (PCW) -- US nonfuel use propylene inventories rose by 90,000 barrels (2.8%) last week to 3.343 million barrels, according to new figures from the Energy Department. It was the seventh consecutive inventory build, the longest run of stock increases since late 2014/early 2015. Propylene inventories are now 536,000 barrels (19.1%) above the 52-week average of 2.807 million barrels. Meanwhile, US Gulf refinery utilization was up 0.2 percentage points at 87%. -- David Barry
|US Nonfuel Use Propylene Inventories|
|4 weeks ago||2,935||408||13.9%|
|52 week average||2,807||536||19.1%|
|Source: US Energy Information Administration|