Booming diesel-fuel use in Europe and Latin America is paying off for U.S. drivers, as gasoline prices fall to a nine-month low. October supplies of gasoline are at a three-year high for that month, but refiners are still running at high ...
Tags: Metallurgy, Mineral, Energy, diesel-fuel
Russia and China on Tuesday signed an agreement by which Russia will supply an additional 10 million tonnes of crude oil to China each year over the next 10 years, Russian Prime Minister Dmitry Medvedev said in Beijing. "(We) will supply ...
Tags: Medvedev, Additional Oil
The October US contract price for acetone settled down 1.75 cents to 63.50 cents/lb ($1,400/mt), sources said Tuesday. The settlement was in line with expectations of a 1 cent to 2 cents decline, sources said. The lower settlement came ...
Tags: Acetone Contract Price, Chemicals
Current-year ethanol and advanced biofuel RINs assessments fell to their lowest levels in more than eight months Tuesday as heavy selloffs continued throughout the market, sources said. Corn-based ethanol (D6) RINs were assessed 0.5 cent ...
Business Secretary Vince Cable and Business Minister Michael Fallon will today meet business leaders – including Johnson Matthey and Sabic - to take forward the industry-led strategy which sets a vision of 50% growth of the sector by ...
Tags: Chemical Sector, Chemicals
The Group 3 ULSD differential plummeted Tuesday, down 2.45 cents/gal to NYMEX November ULSD futures minus 9.25 cents/gal -- the lowest level the differential has been since April when the ULSD contract succeeded the former heating oil ...
Tags: ULSD Basis, Group 3 ULSD
China's benzene imports surpassed 100,000 mt in September, more than doubling month on month to 128,344 mt, data released Tuesday by the General Administration of Customs showed. The figure was also up from 40,046 mt in September 2012. ...
Tags: benzene imports, Platts data
Euromap, the umbrella trade group for national associations representing manufacturers of plastics and rubber machinery in nine European countries, estimated the value of global production in 2012 was 9.3bn (£24.8bn), up 3.68%. The ...
Lubricant market in India Indian lubricant industry is set to reach USD 7713 million by 2016. This is due to the fact that the increase amount lubricants in automotive and industrial sector. Currently the Indian lubricants market is ...
Global players vie in market known for brand loyalty Tire makers from home and abroad are on a roll in China as they rapidly expand their sales outlets to compete for a share of a market estimated at 120 million replacement units ...
Tags: Tire Makers, Chemicals
The Asia price spread between paraxylene and feedstock naphtha narrowed $16.12/mt day on day to $485.88/mt last Friday, nearing the lowest level seen in 2013, amid rising PX supply, Platts data showed Monday. The spread is at the second ...
Tags: Paraxylene, PX-Naphtha
The ICA Group has developed a series of new wood coatings with a 'distinctly metropolitan flavor,' according to the company. The Urban Matter range, composed of high-impact, material-like effects, embodies a style that's 'contemporary, ...
Tags: Wood Coatings, Chemicals, Construction, Decoration
The Western Asian Arab country of Kuwait’s state owned petrochemical firm, Petrochemical Industries Company (PIC) is expecting an annual 46 percent increase in its production capacity after the initiation of new strategic projects for ...
The board of directors of PPG Industries declared a regular quarterly dividend of 61 cents per share, payable Dec. 12 to shareholders of record Nov. 11. This marks the company's 461st consecutive dividend payment. PPG has paid ...
MAPEI is introducing to the market MAPEI Ultralite Mortar Pro, a professional-grade, lightweight, single-component mortar that can be used for medium-bed and nonsag applications as well as for thin-set installations. "Its thixotropic ...
Tags: Mortar, Construction