For the first quarter of 2014, Methanex reported Adjusted EBITDA of $255 million and Adjusted net income of $160 million ($1.65 per share on a diluted basis). These figures compare with Adjusted EBITDA of $245 million and Adjusted net ...
Tags: Methanex, methanol industry
US methanol distributor Southern Chemical cut its domestic May methanol contract by 10 cents to $1.70/gal FOB US Gulf, the company said Thursday in a letter to customers. The decrease follows an 11-cent drop, to $1.80/gal FOB US Gulf, in ...
Tags: Methanol, Southern Chemical
The FOB US Gulf methanol spot assessment fell to a seven-month low of $1.42/gal ($472.86/mt) Monday as imports reached US shores and spot buyers were difficult to find in the US market, sources said. Monday's assessment was down 5.5 ...
Tags: Methanol Price, US prices
Asian methanol prices are expected to come under heavy downward pressure in April after a ramp up in production in Southeast Asia and an influx of Iranian-origin cargoes, trading sources said Wednesday. Since the beginning of March, Asian ...
Tags: Methanol Prices, methanol, Iranian market
The U.S. Trade and Development Agency (USTDA) has awarded a US$ 257,000 grant to Honeywell Group Limited (Lagos, Nigeria) for a project that will assess different product streams for petrochemical facilities in Nigeria. Under the ...
The spread between the spot prices for acetic acid and vinyl acetate monomer in Europe surged to an all-time high of Eur1,040/mt ($1,444/mt) Thursday, as VAM prices soared and feedstock AA prices remained stable. In December last year, the ...
Presently, several petrochemical projects are either under construction or expansion and Indonesia is on its way to become self-sufficient in the production of olefins like ethylene and propylene, aromatic and other petrochemical products ...
Tags: Petrochemicals Self-Sufficiency, petrochemical projects
Although low temperature fuel cells powered by methanol or hydrogen have been well studied, existing low temperature fuel cell technologies cannot directly use biomass as a fuel because of the lack of an effective catalyst system for ...
Tags: Hybrid Fuel Cell, Electricity
A NEW technique being developed by West Australian chemists could provide crime investigators with a safer, simpler and more versatile method for extracting good quality fingermarks, even from non-porous surfaces and in wet or humid ...
Tags: extracting good quality fingermarks, NEW technology, toxic solvent
London-listed Altona Energy has signed a new memorandum of understanding securing investment to help develop its Arckaringa coal-to-liquids project in South Australia, after terminating a previous joint venture with China National Offshore ...
DNV GL has released a position paper on the future alternative fuel mix for global shipping. While LNG is expected to be an early success, the picture becomes more diversified with time, as more than 20 per cent of shipping could adopt ...
Africa's biggest oil producer seeks balance between its profits and benefits in emerging markets such as China As Nigeria's government prepares to implement the Petroleum Industry Bill that will provide "long-term" investment prospects, ...
Tags: oil producer, Mineral
A Virginia Tech research team has developed a battery that runs on sugar and has an unmatched energy density, a development that could replace conventional batteries with ones that are cheaper, refillable, and biodegradable. The findings ...
Tags: Consumer Electronics, Electronics
Solar energy has long been used as a clean alternative to fossil fuels such as coal and oil, but it could only be harnessed during the day when the sun's rays were strongest. Now researchers led by Tom Meyer at the Energy Frontier Research ...
Tags: solar energy, Tom Meyer, hydrogen fuel, store sun's energy, solar fuels
South Louisiana Methanol LP (SLM) announced that it has received the required air permit from the LDEQ and the State of Louisiana to construct and operate the SLM methanol facility in St. James Parish, Louisiana. “This represents a ...
Tags: Gas-to-Methanol Plant, Textile