The December/January US Gulf Coast 3% sulfur fuel oil swap spread moved to a wider contango on Friday, while market sources searched for a fundamental reason to explain the movement. Platts assessed the December/January 3%S spread at a ...
Tags: sulfur fuel oil, USGC fuel oil
With colder temperatures finally hitting much of the northern US last week, many in the oil market will have their eyes on US distillate stocks when the US Energy Information Administration releases its weekly inventory data Wednesday. ...
The Singapore cracking margin against Dubai crude rose to $7.46/b Monday, its widest in 32 months, supported by firmer light distillate cracks and weaker crude, Platts data showed. It has widened from $5/b on November 1, with much of the ...
Tags: Dubai crude, gasoline, sour crude
In terms of ethanol production, corn has some competition this winter— grain sorghum. The grain, also known as milo, produces the same amount of ethanol per bushel, but uses one third less water in the process of creating the fuel. It ...
Injection molding and extrusion equipment provider Milacron has agreed to acquire US-based CanGen Holdings. CanGen supplies highly engineered aftermarket process control components for extrusion and injection molding applications. With ...
Tags: Milacron, Cangen, metal components products
Line space on Colonial Pipeline's distillate Line 2 on Wednesday fell back to the lowest point seen this year on a tighter US Gulf Coast/Atlantic Coast spread for ultra low sulfur diesel. Platts assessed line space on the 1.16 million b/d ...
State-owned Abu Dhabi National Oil Co, (Adnoc) is seeking to cut 25% off its operating and capital spending, a senior official at the company was quoted as saying Thursday. "...we are trying to bring down operating expenditures and also ...
An extensive new addition to the Nordson Corporation website focuses exclusively on the company’s polymer processing range of melt stream components for compounders, processors, converters, and recyclers. The site is designed for ...
Tags: polymer, fluid coating
An extensive new addition to the Nordson Corporation website focuses exclusively on the company’s polymer processing range of melt stream components for compounders, processors, converters, and recyclers. The site is designed for ...
MillerCoors is closing its brewery in Eden, North Carolina due to sales decline as there has been a visible shift in consumer preferences from mainstream beer to crafts beer. The Eden brewery was the first to brew Miller Genuine Draft. ...
Tags: MillerCoors, crafts beer, brewery
LPG prices in south and east China's wholesale markets slid this week, despite stronger crude oil futures at the end of the week, due to a rise in domestic inventories, trade sources said Friday. Many refineries and LPG import terminals ...
Tags: LPG prices, crude oil
Kenyan President Uhuru Kenyatta and his Ugandan counterpart Yoweri Museveni have agreed on a pipeline route for crude oil export. In a communiqué issued at the end of a three-day visit by the Kenyan President to the neighbouring ...
Tags: Crude Oil, Oil Pipeline
US-based craft brewery SweetWater Brewing is preparing for an initial public offering (IPO). Reuters cited people familiar with the matter as saying that SweetWater is negotiating for stock market flotation with investment banks, which is ...
Tags: beverage, beer, brewery SweetWater
Belgian brewing company Duvel Moortgat and Firestone Walker Brewing will combine their operations in the US, while operating independently. The companies have signed an agreement to this effect earlier this week. Firestone Walker ...
Tags: beverage, beer, brewing operation
You’ve been warned: Helldorado may be blonde in color, but if you take it lightly, you’ll get gunned downed by a blast of barrel-aged flavor at an ABV of 12 percent. Indeed, after years as an occasional draft rarity, Firestone ...
Tags: beer, Helldorado