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ARTEC's Plants Are Offered in Various Designs and Performance Classes
Mar 21, 2013Spartanburg-based textile machinery supplier Zimmer America Corp. is now the exclusive agent in North America for ARTEC (Advanced Recycling Technology) Machinery GmbH — an Austria-based developer and builder of high-performance ...
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The Spread Widened to an 18-month High of $339.50/mt Last Friday
Mar 20, 2013The spread between Asian styrene monomer and benzene widened to an 18-month high of $339.50/mt last Friday, as limited supply pushed SM prices higher amid a weakening benzene market. The last high for the spread was on September 19, 2011, ...
Tags: SM, benzene, styrene monomer
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Two US Senate Democrats Monday Introduced Bills Aimed at Cutting Some Federal Support
Mar 20, 2013Two US Senate Democrats Monday introduced bills aimed at cutting some federal support for oil and gas companies. California Senator Dianne Feinstein introduced the Drilling Royalty Relief Prohibition Act, which would prohibit the Interior ...
Tags: oil, gas firms, gas offshore
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BP Can Bid in Next Week's Central Gulf of Mexico Offshore Lease Sale
Mar 20, 2013BP can bid in next week's Central Gulf of Mexico offshore lease sale, but will be disqualified if, after a 90-day review, the company remains under the suspension that was imposed on federal contracts after its guilty plea to Macondo oil ...
Tags: BP, Macondo well, Ocean Energy
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APR Allen Plastics Joins The Reusable Packaging Association to Help Increase Awareness
Mar 20, 2013APR Allen Plastics Repair has joined the Reusable Packaging Association to help increase awareness of the value of reusables and the role of refurbished prod-ucts and container repair in sup-port-ing sustainability initiatives. APR Allen ...
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Wison Completes The Delivery of Six Projects on Schedule in Petrochemical Sector
Mar 20, 2013Wison Engineering Services Co. Ltd. China's largest private chemical EPC contractor announced that Wison Engineering Ltd, an indirect non-wholly owned subsidiary of the Company, has successfully completed the delivery of six projects of the ...
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Lockheed Martin Has Been Awarded a Patent for Perforene
Mar 19, 2013Lockheed Martin has been awarded a patent for Perforene? graphene material, a molecular filtration solution designed to meet the growing global demand for potable water. The Perforene material works by removing sodium, chlorine and other ...
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Village Main Reef Has Agreed to Acquire a 19.9% Interest in The Miner
Mar 19, 2013South African junior thermal coal miner Continental Coal announced Monday that diversified mining investment and production company Village Main Reef has agreed to acquire a 19.9% interest in the miner through a A$8 million ($8.3 million) ...
Tags: Metallurgy, Mineral, Energy, Chemicals
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BG Is Holding 'Secret Talks' on The Possible Development of The Gaza-Marine Gas Field
Mar 18, 2013The UK's BG Group is holding "secret talks" on the possible development of the Gaza-Marine offshore gas field, Israeli economic daily Globes reported Thursday. A spokesman for BG told Platts the company does not speculate about "what we ...
Tags: offshore gas field, offshore gas, gas
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Crude Futures Settled Higher Thursday
Mar 18, 2013Crude futures settled higher Thursday, with the ICE April Brent contract bouncing off Wednesday's 2013 lows to expire 90 cents higher at $109.42/barrel. The May contract settled up 72 cents at $108.96/b. NYMEX April crude closed US ...
Tags: Crude futures, crude, crude industry
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Northwest European Urals Is at Its Narrowest Discount to North Sea Forties Crude
Mar 18, 2013Northwest European Urals is at its narrowest discount to North Sea Forties crude so far in 2013 as emerging buying interest in the Russian medium, sour grade sent its values soaring, market sources said Wednesday. This comes just eight ...
Tags: crude demand, refiners, oil
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NYMEX April Natural Gas Futures Settled 6 Cents Higher at $3.872/MMBtu Friday
Mar 18, 2013NYMEX April natural gas futures settled 6 cents higher at $3.872/MMBtu Friday on forecasts for below-normal temperatures through the end of March and higher-than-normal nuclear outages, analysts said. The contract has gained 22.7 cents ...
Tags: NYMEX, Gas, Nuclear Outages
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Prompt Gas Contracts on Continental European Hubs Recouped Early Day Losses
Mar 18, 2013Prompt gas contracts on Continental European hubs recouped early day losses by midday Friday as two unplanned outages at Norway's gas fields, which send gas to the UK and the Continent, cut gas flows and sparked supply worries, one trader ...
Tags: Euro Gas, Fuel Supply, oil
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Chinese State Company PetroChina Has Completed a New Crude Oil Pipeline Linking Lanzhou
Mar 18, 2013Chinese state company PetroChina has completed a new crude oil pipeline linking Lanzhou in northwest Gansu province with Chengdu in central Sichuan province, the company said on its website Friday. "From now, there will be 10 million ...
Tags: Petrochina, Crude Pipeline, Chemicals
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Amoco Mitsui PTA Indonesia Declared Force Majeure on Purified Terephthalic Acid Supplies
Mar 18, 2013Amoco Mitsui PTA Indonesia declared force majeure on purified terephthalic acid supplies from its 485,000 mt/year plant at Merak, with effect from Monday this week, after the operating rate at the plant unexpectedly dropped, sources close ...
