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

BTR Has Been Certificated to Invent Spherical Graphene.

May 6, 2013

China Baoan Group Co., Ltd. (SHSE:000009) announced yesterday that its subsidiary BTR New Energy Materials Inc. (BTR) has been certificated to invent spherical graphene. This proves a breakthrough in the field of spherical graphene. Baoan ...

Tags: Graphene Technology, Baoan, Graphene

PPG Automotive Refinish Introduced Paint It for the NEXA AUTOCOLOR Brand

May 6, 2013

PPG Automotive Refinish has introduced Paint It for the NEXA AUTOCOLOR brand. Paint It is the fast, reliable tool that collision centers can use to identify the right color for vehicle repair, according to the company. The Paint It ...

Tags: Construction, Decoration

First-quarter Output of 1.998 Million B/D of Oil Equivalent Down 9% Year-on-year

May 6, 2013

Norway's Statoil Thursday reported first-quarter output of 1.998 million b/d of oil equivalent, down 9% year-on-year, which, coupled with lower prices, cut net profit by more than half. However, CEO Helge Lund said in the results ...

Tags: Statoil, CFO Torgrim Reitan

UK's BG Group Expects The Egyptian Government to Continue to Allow LNG Exports

May 6, 2013

The UK's BG Group expects the Egyptian government to continue to allow LNG exports from the country despite the current gas shortages on the domestic market, BG CEO Chris Finlayson said Thursday. Egypt is a key market for BG and a fall in ...

Tags: LNG Exports, Local Shortages

Indonesian PGN's First-quarter Gas Sales Volume in The Domestic Market Increased by 5.8%

May 6, 2013

Indonesia's state-owned gas transmission and distribution company Perusahaan Gas Negara said late Wednesday that its first-quarter gas sales volume in the domestic market increased by 5.8% year on year to 833,000 Mcf/d. "The increasing of ...

Tags: Gas Sales, Chemicals

A Majority of The 13 Hunter Valley Coal Producers Have Volunteered to Cut Their Exports

May 6, 2013

A majority of the 13 Hunter Valley coal producers using Port Waratah Coal Services' export facilities at Newcastle in eastern Australia have volunteered to cut their contracted capacity for coal shipments for the rest of this year, PWCS ...

Tags: Coal Producers, PWCS Terminals

Profitability of Turning Corn Crops Into Ethanol in Europe Surged to Seven-month Highs

May 6, 2013

The profitability of turning corn crops into ethanol in Europe surged to seven-month highs this week following a jump in the spot price of the biofuel, according to data compiled by Platts. The corn-to-ethanol crush margin, an indication ...

Tags: Crush Margin, Chemicals

Average Price of Asian Butadiene Sank 18% Month on Month to $1,431.25/mt FOB Korea

May 6, 2013

The average price of Asian butadiene sank 18% month on month in April to $1,431.25/mt FOB Korea due to weak demand from China and an oversupply of synthetic rubber, Platts data showed Thursday. The monthly average was down a sharp 58% ...

Tags: Asian Butadiene, Weak Demand

US Refiner Phillips 66 Said Wednesday It Plans to Increase Its Product Export Capacity

May 3, 2013

US refiner Phillips 66 said Wednesday it plans to increase its product export capacity by 50,000 b/d to 370,000 b/d by the end of this year and to raise the volume of less expensive North American crude it processes at its US refineries. ...

Tags: Phillips 66, Export Capacity

US Commercial Crude Stocks Surged 6.696 Million Barrels Over The Week Ended April 26

May 3, 2013

US commercial crude stocks surged 6.696 million barrels over the week ended April 26 to hit a record high level of 395.284 million barrels, data from the Energy Information Administration showed Wednesday. The climb, due largely to a ...

Tags: commercial crude stocks, Energy Information Administration

US Spot Monthly Natural Gas Prices for May Increased by 15 Cents,or 3.8% on Average

May 3, 2013

US spot monthly natural gas prices for May increased by 15 cents, or 3.8% on average, to $4.07/MMBtu, compared with the previous month's $3.92/MMBtu average, Inside FERC's Gas Market Report said Wednesday. The NYMEX May gas futures ...

Tags: Gas Average, Gas Pipe Line

Germany's Bayer MaterialScience Will Sell Its Global Powder Polyester Resins Business

May 3, 2013

Germany's Bayer MaterialScience will sell its global powder polyester resins business and its US-based liquid polyester resins merchant business to the US Stepan Company of Northfield, Illinois, the company said Tuesday. The sale, for ...

Tags: Polyester Resins, US Stepan

Genesee & Wyoming Reported a 4% Year-on-year Increase in Coal and Coke Shipments

May 3, 2013

Genesee & Wyoming, the largest shortline holding company in the US, reported a 4% year-on-year increase in coal and coke shipments in the first quarter largely because of higher domestic demand for thermal coal, said the company Wednesday ...

Tags: Shortline Company, Coke Shipments

Ships Bound for China Loaded 2.09 Million Mt of Coal From Two Terminals Operated by PWC

May 3, 2013

Ships bound for China loaded 2.09 million mt of coal from two terminals operated by Port Waratah Coal Services at Newcastle port in eastern Australia in April, up 10% from March, PWCS said Wednesday in an operations report. The April ...

Tags: Coal Exports, Newcastle PWCS

Styrolution Will Increase The Selling Price on All Polystyrene Grades by 4 Cents/lb

May 3, 2013

Styrolution will increase the selling price on all polystyrene grades by 4 cents/lb ($88/mt) effective Wednesday, the company said in a letter to customers. Styrolution cited feedstock price increases in the letter, sent Tuesday. The ...

Tags: Styrolution, All Polystyrene Grades

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