Daily Chemical News Recommendation (May 21, 2018)
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>> Shandong Independent Refineries’ Operating Rates Inched down

According to SCI, the average operating rate of CDUs at Shandong independent refineries was 64.91% as of May 16, down 0.73% week-on-week. [More]
>> Sabic and ExxonMobil Form JV to Advance US Petrochemical Project

Saudi Arabian chemicals maker, SABIC and ExxonMobil has announced the formation of a new joint venture (jv) to advance the $7.3-bn development of a 1.8-mtpa tonne ethane cracker in San Patricio County, Texas, US. Known as the Gulf Coast Growth Ventures project, the facility will also include a monoethylene glycol unit and two polyethylene units. [More]
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