TITLE

Untitled

AUTHOR(S)
Lerner, Ivan
PUB. DATE
August 2007
SOURCE
ICIS Chemical Business;8/20/2007, Vol. 272 Issue 7, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
26519025

 

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