State-owned China National Petroleum Corp said Wednesday it has signed a cooperation agreement with US-based Hess for a block in China's western Xinjiang province. CNPC said the contract for the Malang block in the Santanghu Basin was ...
Tags: Santanghu Block, Chemicals
It was assessed by SunSirs that in the tracked 100 spot commodities,22 commodities increased in prices, 22 fell and 56 remained unchanged on 24/07/2013.The largest rises were SBR (1.15%),Ethylene glycol (1.13%),Dried cocoons (1.03%),while ...
Tags: Spot Commodities, Price Chart
China imported 275,337 mt of methanol in June, 40% less than it did in May, data released by the General Administration of Customs on Tuesday showed. The fall can be explained by the high domestic methanol production in the country. Over ...
It was assessed by SunSirs that in the tracked 100 spot commodities,37 commodities increased in prices, 16 fell and 47 remained unchanged on 23/07/2013.The largest rises were Dysprosium oxide (10.53%),BR (5.60%),SBR (4.13%),while the ...
Tags: Spot Commodities, Price Chart
China's thermal coal imports in June fell 24% on the month to 9.75 million mt, the country's lowest monthly intake since February when imports were severely impacted by the Lunar New Year holiday, according to China customs data released ...
Tags: Thermal Coal, Chemicals
OPEC would need to cut production sometime in the second half of 2013 or early 2014 to stave off "a large drop in prices," Kuwait's leading bank said in a report over the weekend. In its latest economic bulletin, released late Sunday, the ...
Tags: Crude Output, Kuwait Bank
Sentiment on the North Sea mixed butane market has turned slightly more bullish on tighter availability, according to industry sources Tuesday. During the summer North Sea mixed butane is used in Northwest Europe by the gasoline-related ...
Shell Chemical nominated its August US butadiene contract price down 25 cents/lb ($551/mt) from July to 41 cents/lb ($904/mt), sources said Monday. Shell Chemical could not be reached immediately to confirm the nomination. Market ...
The contango in the ARA benzene market is widening as July delivery dates are nearing expiration, sources said Monday. Benzene for August delivery is at a premium of around $15/mt over the material for balance of July, based on bids and ...
US Senate Commerce Committee Chairman Jay Rockefeller has asked the General Accountability Office to examine the impact of shale oil and gas development on pipelines, rail and other transportation infrastructure and safety, in light of the ...
The price spread between benzene and its main feedstock toluene plunged 26.7% day on day to a five-month low of $88/mt on an FOB Korea basis Wednesday, below breakeven levels, Platts data showed. Benzene has to be at a premium of ...
Tags: Benzene-Toluene, Chemicals
Certification systems for verifying the sources of biobased raw materials and their content in finished products are already operating in the agriculture and food sectors in Europe. Now they are beginning to be introduced into the ...
Tags: Coatings, Construction, Chemicals
It is expected to witness steady growth owing to the robust development of the shipbuilding and offshore engineering industries in the region. Moreover, ships are subject to harsh environments and the constant need for their maintenance and ...
Tags: Marine Coatings, Coatings
Henkel Corporation has been granted a patent for a two-part free radical curable acrylic adhesive composition comprised of a first part comprised of at least one (meth)acrylate component; and a second part comprised of a naturally ...
Tags: Acrylic Adhesives, Chemicals
Henkel AG & Co. KGaA has been awarded a patent for an article comprised of at least one substrate and a curable coating agent comprised of 30%-80% weight of an atactic poly-alpha-olefin, which contains at least two alkoxysilane groups; ...
Tags: Coating, Construction, Decoration