Lerner, Ivan
August 2007
ICIS Chemical Business;8/20/2007, Vol. 272 Issue 7, p3
Trade Publication
The article focuses on the decline in prices of benzene and other aromatics in the U.S. In the early 1990s, benzene was selling for $1/gal, plus or minus 25 cents, but now, the average price is around $3.75/gal, and this spring in 2007, the price had reached as high as $4.20. Toluene and xylene have also followed this trend. The U.S. refineries account directly for 55% of the U.S. benzene production. Meanwhile, due to high price of natural gas, flexible crackers have been producing more benzene.


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