Mangalore Refinery and Petrochemicals Ltd (MRPL) has commenced commercial production of polypropylene (PP) post-completion of its Phase III refinery expansion and upgradation project. In a filing to the BSE, MRPL said it successfully ...
Tags: polypropylene, PP Production
China's appetite for imported naphtha has grown since the start of the year on the back of strong demand from petrochemical producers, market sources and traders said this week Imports of the petrochemical feedstock over January-April ...
Tags: Imported Naphtha, Naphtha
Global Bioenergies will hand over the first batch of renewable gasoline to automobile major Audi. The delivery is slated to be made to the automaker on May 21 in Pomacle in France. The first batch of isobutene has been derived from ...
Tags: Audi, Global Bioenergies, gasoline
Cotton Council International (CCI), which works in conjunction with the National Cotton Council to promote US cotton exports, is all set to launch its 25-year old flagship brand COTTON USA in India. Under COTTON USA brand, CCI ...
Tags: Cotton Council International, US cotton exports, cotton
After a booming year, the bull run of China's stock market is expected to continue, boosted by economic and financial reforms in addition to easing measures. China's stock market has soared over the past year, even as the world's second ...
Tags: Stock Market, financial reforms
According to a new market report published by Persistence Market Research “Global Market Study on Hydrogen: Electrolysis of Water Segment to Witness Highest Growth by 2020”, the global hydrogen market was valued at 255.3 billion ...
Tags: hydrogen market, hydrogen
China's largest oil refiner is seeking to cut its crude-purchase costs as the world's biggest energy consumer looks to benefit from the collapse in benchmark prices. China Petroleum & Chemical Corp, known as Sinopec, has set its trading ...
Tags: Sinopec, oil refiner, Crude Oil
China's total available crude supply significantly exceeded refinery throughput in December, suggesting 915,000 b/d of crude oil was added to storage during the month, although the total stockbuild during 2014 averaged just over 300,000 ...
China this week issued the first round of oil product export quotas for 2015, with volumes totaling 9.75 million mt, industry sources said Wednesday, January 14. This is significantly more than the roughly 8 million mt of quotas that were ...
Tags: Oil Export, Crude Oil
Prices of both imported and domestically-produced LPG fell another 9-12% in China this week after sliding 10-13% last week amid lower Asian LPG values and weaker demand from the petrochemical sector, trade sources said Friday, December 12. ...
A new polypropylene plant will come up at IndianOil’s Paradip Refinery Project complex at Paradip in India’s eastern coastal state of Odisha. Foundation for the Rs 3150 crore polypropylene plant was laid by Minister of State ...
Tags: polypropylene plant, catalyst, Textile
A combination of low inventories and refinery maintenance could be spurring some Chinese state-owned companies to seek gasoil imports for the fourth quarter, sources said this week. Though market sources said that state-owned trader ...
Tags: Gasoil, sulfur gasoil, crude oil
China's crude oil imports in September rose 7.4% year on year to 27.58 million mt or an average 6.74 million b/d, the second highest on record, preliminary data released Monday by the General Administration of Customs showed. Crude ...
Tags: Crude Oil, Oil Products
Platts’ analysis shows apparent oil demand in August was 41.19 million metric tons (mt), or an average 9.74 million barrels per day (b/d) — an increase of 3.7% year over year. This growth came despite a slew of bearish economic ...
Tags: Oil Demand
American agribusiness company Cargill has reported net earnings of $425m in the fiscal 2015 first quarter ended 31 August, down 26% from $571m in the year-ago period. Revenues in the first three months totaled $33.3bn, a 2% change from ...
Tags: Cargill, Net Earnings, Food