Demand for imported crude, petroleum bitumen blend and straight-run fuel oil by independent teapot refineries in China's eastern Shandong province was relatively weak over this week, given narrowing refining margins on lower oil prices in ...
Tags: crude, petroleum bitumen, fuel oil
Heateflex Corporation, a global leader in high-purity industrial heating systems, introduced a new product, Gambrinus, designed to reduce Total Package Oxygen (TPO) in beer-bottling lines. The initial Gambrinus unit has been installed and ...
Tags: Heateflex, Beer-Bottling Lines
Mike Hess Brewing has introduced its Open Mike beer can, becoming the only brewery in California to use Crown Holdings’ patented 360 End technology. A simple pull tab removes the entire top end of the can, effectively turning the ...
Sonoco-Alcore has announced it will raise prices for coreboard tubes and cores in the range of 6% to 8% throughout Europe, including the United Kingdom, effective with shipments on or after16 November 2015. Sonoco-Alcore Europe tubes and ...
Tags: Sonoco-Alcore, Coreboard Tube
UK's Medicines and Healthcare products Regulatory Agency (MHRA) is working with the pharmaceutical industry to create user friendly packaging for medicines that are used to treat Alzheimer's disease. The Alzheimer's medicines such as ...
Tags: Dementia Medicines, Packaging
Switzerland-based PET products developer Sidel has launched a new PET blowing solution, which will replace hot oil with electrical heat resistance (eHR) to heat the mould for the PET bottle body. The new Sidel Matrix blower eHR creates ...
Tags: Sidel, PET Bottle
Tubemaker Tenaris is not very optimistic about a recovery in demand for its steel tubular products from the oil and gas industries in the near future, its CEO Paolo Rocca said during a conference call on Thursday. The executive stressed ...
US benzene and toluene markets rose to two-month highs Tuesday to $2.35/gal ($703/mt) FOB US Gulf Coast and $2.25/gal ($684/mt) FOB USG, respectively. Sources attributed gains in both markets to stronger energy as NYMEX December crude ...
Asian propylene term contract discussions for 2016 are likely to conclude at larger discounts than this year due to an increase in supply in the region, market sources said this week. A source at a producer in South Korea estimated the ...
Tags: propylene, spot market
The water levels on the Rhine hit critically low levels this week, which threatened to send the cost of transporting and handling a range of oil and chemicals even higher after several months of rising costs. Freight and logistics costs ...
Tags: Rhine, transporting, Oil, Petchem
US ethylene contacts for October settled 0.25 cent/lb lower, with the month's net transaction price at 28.25 cents/lb, market sources said Wednesday. The decrease puts contract prices at their lowest level since the 27.75 cents/lb seen in ...
The low density polyethylene unit at Dow Chemical's Bahia Blanca, Argentina, petrochemical complex remains shut two days after an explosion and fire at the unit, a Dow spokeswoman said Thursday. "Dow is actively conducting an inquiry into ...
The strike by pilots and tugs in the Greek port of Piraeus was extended by another 48 hours Wednesday, which kept barge loadings from refineries suspended for the third consecutive day. "Until further notice, the strike continues today ...
Tags: high sulfur fuel oil, gasoil, refiner
Despite expectations of a seasonal pickup in the Medium Range tanker market in the Americas in the fourth quarter -- particularly from November onward -- charterers were able to pressure freight rates lower Wednesday, with Medium Range ...
Tags: Freight Rate, USGC-Europe, LR1 tanker
Long Range 1 tanker rates are soaring in Europe as vessels are delayed due to high storage levels in Europe, and the busy naphtha arbitrage to the East is rapidly eating into the available tonnage. LR1 rates on the Northwest Europe to ...
Tags: LR1 Tanker, Naphtha, ships