High inventories have pushed the spot price of monoethylene glycol in China to the lowest level seen since July 2012, Platts data showed Tuesday. Weakness in the domestic market pressured down the import price of MEG to $916/mt CFR China ...
Tags: MEG Prices, Domestic Market
Russia's largest oil producer, Rosneft, and petrochemical company Sibur Friday reached an agreement under which the oil producer will sell its 49% stake in a gas processing joint venture to Sibur and guarantee supply of up to 10 billion ...
Tags: Rosneft, Gas, oil producer
This year’s Geneva Motor Show sees the launch of two new distinctive option packs — the ‘black pack’ and ‘silver pack’ — for the iconic Land Rover Defender. The Defender will also benefit from a ...
Tags: Land Rover, Defender Model
Land Rover is introducing two new limited editions to the Range Rover Evoque line-up for 2015: the luxurious Autobiography, and the more powerful, more agile Autobiography Dynamic, which will debut at the Geneva motor show in March. The ...
Tags: Land Rover, Auto Parts
Axiall Corporation and Lotte Chemical of the Republic of Korea announced that they have signed a Heads of Agreement to pursue a 50/50 joint venture arrangement for the design, construction and operation of a proposed 1 million metric ...
Tags: Ethane Cracker, Textile
Solvay plans to increase its annual production capacity of natural soda ash at its Green River plant in Wyoming by 150,000 metric tons as of early next year, to meet growing demand of its U.S. export markets. "This capacity expansion ...
The first Jaguar car to be created under the leadership of design director Ian Callum, the dramatic and purposeful XK, is receiving a number of additions for the 2015 model year that add to its palette of impressive performance technologies ...
US-based RiceBran Technologies has signed a distribution and supply agreement with Hela Spice Canada to sell its rice bran and derivative products in Canada. A member of the Hela Gewurzwerk Herman Laue global network of companies, Hela ...
All but a few eukaryotes die without oxygen, and they respond dynamically to changes in the level of oxygen available to them. UCD scientists used genetic analysis to pinpoint an evolutionary switch in regulating response to low oxygen ...
One way that supercapacitorsUnconventional internal design yields a larger capacitanceThat property of a system of conductors and dielectrics which permits the storage of electricity when potential difference exists between the conductors. ...
Tags: Supercaps, Materials, Applications
Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction (E&C) Group has been awarded a contract by STAR Rafineri A.Ş., a subsidiary of SOCAR Turkey, for project management ...
Tags: Foster Wheeler, STAR Rafineri, SOCAR Turkey
LyondellBasell (NYSE: LYB) today announced that its methanol plant at Channelview, Texas, was placed into service in the fourth-quarter 2013 to take advantage of low-cost natural gas from shale formations. The unit had been out of service ...
Tags: LyondellBasell, methanol plant, Channelview, re-start
The pace of Chinese economic reform would surprise people, and it will be faster than commonly expected, said Blu Putnam, Chief Economist at Chicago Mercantile Exchange (CME) Group, in London. China appears to be choosing to accelerate ...
Tags: Economic Reform
Oman Oil Company (OOC) has successfully concluded the acquisition of Oxea which was announced in October. Oxea is one of the largest global manufacturers of Oxo chemicals. With the acquisition, OOC aims to become a vertically integrated ...
Tags: Metallurgy, Mineral, Energy, Oil
Japan's ethylene production in November edged up 3.4% from October to 598,700 mt, and jumped 10.8% year on year, the Ministry of Economy, Trade and Industry said late Wednesday. The ministry also announced that Japan's exports of ethylene ...
Tags: Ethylene Output, Chemicals