Traders are considering sending European ethylene cargoes to Asia for late May delivery amid weak European prices, sources said Thursday. Market participants said they have been approached by several traders with selling indications ...
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 ...
When it comes to manufacturing, supplying, exporting and importing, India comes first in all these. Indian export and import chemical business becomes one of the global hubs for traders in the past two years. Indian chemical industry is one ...
Most of us go to grocery store to buy food items, vegetables, fruits, medicines, etc without a second thought to industrial refrigeration. Do you know that ammonia refrigeration systems play a crucial role in many of the products you buy ...
Tags: Industrial Refrigeration, food items, vegetables, fruits
US March propylene contract prices were fully settled 1.5 cents/lb ($33/mt) lower from February, market sources said Friday. The decrease is the second consecutive decline in contract pricing this year, and puts chemical-grade propylene ...
South Korea's spot supply of solvent-grade mixed xylenes for April loading will fall by up to half of its typical volume because of lower yields from naphtha-fed steam crackers' use of butane in its feedstock mix, a market source said ...
Tags: solvent-grade mixed xylenes, butane, LPG
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
Initial settlements for US March propylene contract prices called for a 1.5-cent/lb ($33/mt) decrease from February, market sources said Tuesday. The decrease, if settled marketwide, would put polymer-grade propylene prices at 72 cents/lb ...
US propane and propylene stocks jumped 479,000 barrels to 27.15 million barrels for the reporting week ended February 28, Energy Information Administration data showed Wednesday. The build was far above market expectations, which were for ...
The manager of producer services with Sask Pork says it's up to each individual pork producer to ensure the biosecurity protocols are in place that will protect their farms from the introduction of Porcine Epidemic Diarrhea. Porcine ...
Tags: Porcine Epidemic Diarrhea, PED virus into barn, transmitting disease
BASF increased sales and earnings in 2013 compared with the previous year. “2013 was again a demanding year, with a lot of headwind for our industry. Nevertheless, we achieved our goal: We sold more, worked more closely together with ...
Tags: BASF, Construction Coating
Archer Daniels Midland Company (NYSE: ADM) and Rennovia, Inc. announced today that ADM has committed to a $25 million equity investment in the privately held company, which develops catalysts and processes for the cost-advantaged production ...
Tags: ADM, Investment, Rennovia, refined carbohydrates
US propane and propylene stocks fell 1.2 million barrels to 26.71 million barrels for the reporting week ended February 14, Energy Information Administration data showed Thursday. Gulf Coast stocks saw a draw of 533,000 barrels to fall to ...
US February propylene contract prices were heard to have fully settled 1 cent/lb ($22/mt) lower than for January, sources said Friday. The decrease put chemical-grade propylene at 72 cents/lb and polymer-grade propylene prices at 73.50 ...
US Gulf Coast propane was assessed 9% lower at $1.55/gal Tuesday on a warmer weather forecast for much of the US, sources said. "This is what happens when you get strong run-up in prices," said analyst Peter Fasullo of EnVantage. Gulf ...
Tags: propane, Gulf Coast