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

Russia Increased LNG Exports 38.5% Year-on-year in The First Half of 2013,to 5 Million Mt

Jul 11, 2013

Russia increased LNG exports 38.5% year-on-year in the first half of 2013, to 5 million mt, according to data released Tuesday by the Far East branch of Russia's customs service. Russia exports LNG from the Sakhalin 2 LNG plant in ...

Tags: LNG Exports, Chemicals

It Was Assessed by SunSirs That in The Tracked 100 Spot Commodities

Jul 11, 2013

It was assessed by SunSirs that in the tracked 100 spot commodities,23 commodities increased in prices, 26 fell and 51 remained unchanged on 09/07/2013.The largest rises were Silver (1.73%),Aniline (1.17%),Copper (0.57%),while the largest ...

Tags: Spot Commodities

CIF Price Spread Between Naphtha and Less Expensive North Sea Propane Has Narrowed

Jul 11, 2013

The CIF price spread between naphtha and less expensive North Sea propane has narrowed on a lack of offers, according to industry sources. Over the summer, the petrochemicals sector in Northwest Europe uses significant quantities of North ...

Tags: Propane Price, Naphtha Price

Formosa Plastics USA Has Lifted Force Majeure Declarations

Jul 11, 2013

Formosa Plastics USA has lifted force majeure declarations on its output of high molecular weight film polyethylene and polypropylene, company spokesman Steve Rice said Monday. The company issued the force majeure declaration on all of ...

Tags: Polypropylene, PE

Several Influential Environmental Groups Are Gearing up to Sue The Obama Administration

Jul 11, 2013

Several influential environmental groups are gearing up to sue the Obama administration for refusing to regulate US coal mines as major emitters of methane, a greenhouse gas that many scientists say is fueling climate change. Ashley ...

Tags: Coal Mine, Chemicals

European Over-The-Counter Natural Gas Market Volumes in June Jumped 20.6%

Jul 11, 2013

European over-the-counter natural gas market volumes in June jumped 20.6% from the previous year, boosted by strong growth on the German GASPOOL, French PEG Nord and Austrian VTP hubs, according to data published by the London Energy ...

Tags: OTC Gas, Chemicals

US Styrene-to-benzene Spread Has Widened $34.66/mt Since June 24

Jul 10, 2013

The US styrene-to-benzene spread has widened $34.66/mt since June 24, growing to its highest level in more than 4 1/2 years at $424.56/mt Monday, according to Platts data. US spot styrene rose 0.90 cent/lb ($19.84/mt) day on day to a ...

Tags: Styrene-Benzene, Chemicals

Response of Asian and Global Markets Will Be Much Stronger and Will Happen Much Sooner

Jul 10, 2013

The response of Asian and global markets to US liquefied natural gas exports will be much stronger and will happen much sooner than many anticipate, putting strong downward pressure on Asian prices, Rice University fellow Kenneth Medlock ...

Tags: LNG Exports, Chemicals

CNOOC Currently Pays $3.50/MMBtu for Tangguh LNG

Jul 9, 2013

Indonesia is determined to get a market price for LNG exported from the Tangguh project to China's CNOOC, a senior official with upstream regulator SKK Migas said Monday. "The new price cannot be below the market price. It has to be ...

Tags: Tangguh LNG

OPEC's Collective Oil Export Earnings Rose 8.5% to $1.24 Trillion in 2012

Jul 8, 2013

OPEC's collective oil export earnings rose 8.5% to $1.24 trillion in 2012 from $1.14 trillion in 2011, the oil producer group said Friday in its latest annual report. It stressed that the 2012 figure was a preliminary estimate. The group ...

Tags: OPEC, Oil Exports

Sinopec Raised Ex-factory Toluene Prices at Its South China Subsidiaries by 1.3%

Jul 8, 2013

China Petroleum and Chemical Corp, or Sinopec, raised ex-factory toluene prices at its South China subsidiaries by 1.3% or Yuan 100/mt Friday, a company source said. Sinopec Guangzhou will now offer toluene at Yuan 8,050/mt, or ...

Tags: Sinopec, China Toluene

Producers in Alberta's Liquids-rich Shale Play Are Likely to Invest Some C$1 Billion

Jul 8, 2013

Producers in Alberta's liquids-rich shale play at Duvernay are likely to invest some C$1 billion ($955 million) in drilling activities over the remaining six months of 2013, with that figure likely to rise further next year, oil and gas ...

Tags: Shale, Chemicals

Temasek Made Net Investments of S$4 Billion in Its Energy and Resources Portfolio

Jul 8, 2013

Singapore's sovereign wealth fund, Temasek, made net investments of S$4 billion ($3.16 billion) in its energy and resources portfolio in the year to March 31, the fund said Thursday. The new investments included acquiring an additional 5% ...

Tags: Energy, Temasek

China's CNOOC Supports The Chinese Government's Position Over Japan's Recent Protests

Jul 8, 2013

China's state-owned offshore monopoly producer China National Offshore Oil Corp says it supports the Chinese government's position over Japan's recent protests about Chinese drilling activity in the East China Sea. "We do not understand ...

Tags: Drilling Rig, monopoly producer

LANXESS Has Increased Prices for Its Lewatit Ion Exchange Resins by 3% to 5%

Jul 8, 2013

LANXESS has increased prices for its Lewatit ion exchange resins by three to five percent as of July 1, 2013. The specific adjustment will depend on resin grade and region. The premium products of the Liquid Purification Technologies ...

Tags: Chemicals, Processing Machinery

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