Industry Views of chemicals - Made-in-China.com

Armstrong Energy Posted Record Revenue of $110.9 Million in Q1

May 19, 2014

Illinois Basin steam coal producer Armstrong Energy on Thursday posted record revenue of $110.9 million in the first quarter of 2014, a 9.5% year-on-year jump, as sales rose 124,000 st to 2.4 million st. The St. Louis-based company, whose ...

Tags: Armstrong Energy, coal producer

Coal India Limited Will Decide Whether to Award a Contract for Thermal Coal Imports

May 19, 2014

India's largest coal producer Coal India Limited is expected to decide whether to award a contract for thermal coal imports at its next board meeting set for late May, a source said Thursday. CIL received a single bid from government ...

Tags: coal, coal output

US Ethanol Stocks Firmed 162,000 Barrels to 17.302m Barrels on Higher Production

May 16, 2014

US ethanol stocks for the week ended May 9 firmed 162,000 barrels to 17.302 million barrels on higher production and imports, Energy Information Administration data showed Wednesday. Production in the week rose 28,000 b/d to 922,000 b/d ...

Tags: ethanol stocks, ethanol

European Methanol Spot Prices Have Fallen Below Eur300/Mt for The First Time Since 2012

May 16, 2014

Northwest European methanol spot prices have fallen below Eur300/mt for the first time since October 2, 2012, under pressure from ample supplies in the market, according to sources. Platts assessed spot methanol at Eur299.50/mt ($411/mt) ...

Tags: Methanol, spot prices

45% of Traded Coking Coal Production of 300m Mt Is Unprofitable at Current Pricing Levels

May 15, 2014

Australian coal exploration company Stanmore Coal estimates that 40% of global seaborne-traded thermal coal production of roughly 800 million mt and 45% of internationally traded coking coal production of around 300 million mt is ...

Tags: coal exploration, thermal coal

Colombian Coal Exports in March Fell to Their Lowest Level in a Year, at 3.331 Million Mt

May 15, 2014

Colombian coal exports in March fell to their lowest level in a year, at 3.331 million mt, down 18.1% from February, data from statistics agency DANE showed. The monthly export volume drop-off corresponded to a ban imposed in January on ...

Tags: Coal Exports, thermal coal

AB Group Restored Iron Ore Mine Back to Production to Supply The Steel Industry

May 15, 2014

Stockholm-listed Dannemora Mineral AB, the group that restored the Dannemora iron ore mine in the southeast of Sweden back to production to supply the steel industry, said Tuesday it had applied for a Swedish version of Chapter 11 ...

Tags: Iron Ore, Steel Industry

The Bid Held for Japanese H2 Scrap for Export From Tokyo Bay Was $314.70/Mt

May 15, 2014

The winning bid in the monthly auction held Tuesday for Japanese H2 scrap for export from Tokyo Bay was Yen 32,160/mt ($314.70/mt) free alongside ship, the organizer of the tender said. The bid was Yen 450/mt ($4.40/mt) lower than the ...

Tags: Ferrous Scrap

China's Lihuayi Weiyuan Chemical Has Increased Its Ex-Works Phenol Offer by Yuan 100/Mt

May 15, 2014

China's Lihuayi Weiyuan Chemical has increased its ex-works phenol offer by Yuan 100/mt ($16.24/mt), or 1%, to Yuan 10,400/mt on Monday, a company source said. The offer is equivalent to $1,335.31/mt on an import parity basis. The ...

Tags: Phenol, Acetone

Exports of Russian Acetone Dropped to Just 2,666 Mt in March After The Explosion at Omsk

May 13, 2014

Exports of Russian acetone dropped to just 2,666 mt in March after the explosion at the Omsk acetone plant forced other Russian producers to shift their focus to the domestic market, the latest data published by the Federal Customs Service ...

Tags: Acetone, acetone plant

Bangladesh Will Ink an Agreement with The US Consortium for Building LNG Import Terminal

May 13, 2014

Bangladesh will ink an initial agreement in end-May with the US consortium comprising Astra Oil and Excelerate Energy for building the country's first LNG import terminal at Moheshkhali Island, a senior Petrobangla official said Friday. ...

Tags: LNG Import Terminal

Acrylic Resins Market by Raw Material by Solvency,by Property & by Application

May 13, 2014

Marketsandmarkets report, "Acrylic Resins Market by Raw Material (Acrylates, Methacrylates, Hybrids and Others), by Solvency, by Property (Thermoplastics and Thermosetting) & by Application (Paints & Coatings, Construction, Industrial & ...

Tags: Construction, Decoration, Coating, Acrylic Resins

This Year Will Likely Be a Year of Consolidation for Gold and Silver Prices

May 9, 2014

This year will likely be a year of consolidation for gold and silver prices, with the gold price possibly going as low as $1,100/oz, precious metals consultancy Metals Focus said Wednesday. "Following a poor 2013, this year's start ...

Tags: Gold Prices, Silver Prices, silver mine

SGX Will Launch Coking Coal Swaps Contracts in July Settled Against Prices Produced by TSI

May 9, 2014

The Singapore Exchange (SGX) will launch two coking coal swaps contracts in July settled against prices produced by The Steel Index (TSI), to capitalize on growing interest in steel raw materials derivatives, the exchange said in a ...

Tags: Coking Coal, coking coal futures

Stocks of Heating Oil in New England Dropped to The Lowest Level in Over a Decade

May 9, 2014

Stocks of traditional heating oil in New England dropped to their lowest level in over a decade in the week ended May 2, according to US Energy Information Administration data Wednesday. New England is one of the major consumption regions ...

Tags: Heating Oil Stocks, Production Bump

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