Houston, Texas-based Kinder Morgan Energy Partners, L.P. will invest $106 million to purchase approximately 20 acres adjacent to its Pasadena, Texas terminal, build nine new tanks with a storage capacity of 1.2 million barrels at its Galena ...
Tags: Kinder Morgan, refined products
The Northwest European styrene monomer benchmark has climber $137.50/mt or 8.9% from a year-to-date low of $1,537.50/mt on April 22 to $1,675/mt FOB ARA Tuesday, Platts data showed. The rally was due to a combination of increasing demand ...
Tags: NWE Styrene, styrene monomer
On March 21st, 2013, Weir Canada Inc. was recognized as an industry leader when it won the prestigious Canadian Institute of Steel Construction (?CISC?) Steel Design Award of Excellence ? Industrial Category. The CISC Award celebration is ...
Tags: Weir Canada, CISC Award
US-based agri-processing company Archer Daniels Midland (ADM) has unveiled a new soybean processing plant in Villeta, Paraguay, a move which creates 160 direct jobs. The new facility is located adjacent to the existing ADM ...
Tags: ADM, Soybean Processing Facility
European benzene's premium to naphtha has topped the $450/mt mark for the first time since the start of February, as naphtha languishes at multi-month lows and benzene rises despite seemingly weak fundamentals. The benzene-naphtha spread ...
Tags: NWE, Benzene-Naphtha, Chemicals
Approximately 94% of equipment finance industry professionals believe the business conditions will improve or remain the same in the next four months, according to the results of a recent survey. The Equipment Leasing and Finance ...
Approximately 94% of equipment finance industry professionals believe the business conditions will improve or remain the same in the next four months, according to the results of a recent survey. The Equipment Leasing and Finance ...
Prices fell at the front of the curve in all over-the-counter US coal contracts assessed by Platts on Tuesday, with the Central Appalachian barge and rail (CSX) markets both having an ample volume of contracts cleared. In the CAPP rail ...
Tags: coal markets, coal, thermal coal
Reignited concerns over the domestic benzene demand as well as a stubbornly closed arbitrage to the US saw European benzene prices plunge below $1,300/mt for the first time since mid-October, Platts data show. Benzene barges were assessed ...
Tags: benzene, benzene demand, benzene barges
Large US refiner Valero Energy sees Louisiana and California as among the destinations that will be served by its recent order of 5,320 new rail cars to move discounted inland crudes across the US, the company's chief operating officer said ...
Tags: Valero Energy, crudes, inland crudes
Styrene's premium to its feedstock benzene rose to its highest in four months in the Northwest European market, Platts data showed. The premium was assessed at $346/mt at Friday's close, mainly due to falling benzene prices. The premium ...
Tags: styrene, benzene, Styrene's premium
Benzene's premium to feedstock naphtha slid to its lowest in the Northwest European market since October 18, breaching the psychologically important $400/mt mark for the first time since mid-November to be assessed at $379.75/mt at ...
The premium for 50 ppm gasoil barges in the Amsterdam-Rotterdam-Antwerp region has fallen to its lowest level since Platts began assessing it on January 4, 2011 as German demand for heating oil remains unseasonably low. The FOB ARA 50 ...
Tags: gasoil barges, heating oil, Amsterdam-Rotterdam-Antwerp
The Northwest European naphtha discount to Eurobob gasoline has hit its widest in three months, due to weak naphtha demand for petrochemical use, traders said. At Friday's European close, CIF NWE naphtha cargoes were assessed at ...
Tags: naphtha, Eurobob gasoline, petrochemical use
Bellzone Mining has made its first shipment of iron ore from the Forecariah joint venture in the Republic of Guinea. Bellzone’s CEO Mr Glenn Baldwin said the shipment of 63,000 tonnes on December 26 was made before the company's ...
Tags: Bellzone Mining, shipment, iron ore, JV