The development of a grassroots LNG industry in western Canada's British Columbia will be a key factor in companies finalizing plans to invest in new petrochemical ventures in neighboring Alberta, industry officials and producers said late ...
Tags: Canada, LNG Projects, Chemicals
New cleaner polypropylene carbonate (PPC) polymers that promise to transform the biodegradable polymer industry are being created by biomolecular engineers at the University of Sydney. The plastics will be used for fully recyclable ...
Tags: polypropylene carbonate, Chemicals, biodegradable polymer industry
OCI N V plans to sell a minority stake in its Beaumont, Texas, methanol and ammonia plant in a second half of 2013 initial public offering, the Dutch-listed parent of Orascom Construction Industries said Wednesday. The funds from the IPO ...
Freeport-McMoRan Energy has missed its deadline and can no longer build an onshore Alabama pipeline to a longer offshore pipeline that would have brought liquefied natural gas from an import terminal in the Gulf of Mexico, the US Federal ...
The June US benzene contract price settled 5 cents/gallon ($14.95/mt) lower at $4.42/gal ($1,321.58/mt), sources said Friday. The benzene CP settled at $4.47/gal in May, an 11-cent jump from the prior settlement at $4.36/gal. Market ...
Tags: US, Benzene CP, Chemicals
Crude futures diverged late in the US trading day Wednesday, as the front-month ICE Brent contract slid from a session high of $104.07/b to a low of $102.85/b in a little over 40 minutes. ICE July Brent settled 20 cents lower at ...
Tags: Crude Markets, Chemicals, Brent
It was assessed by SunSirs that in the tracked 100 spot commodities,19 commodities increased in prices, 30 fell and 51 remained unchanged on 05/06/2013.The largest rises were Iron ore (1.52%),Dried cocoons (0.82%),Raw silk (0.80%),while the ...
Tags: China, Chemicals, Commodities Price
European naphtha crack futures reached a three-month high Tuesday amid talk of short covering and a potential uptick in demand from petrochemicals end-users, market participants said. The June CIF Northwest Europe naphtha crack spread -- ...
Tags: Chemicals
It was assessed by SunSirs that in the tracked 100 spot commodities,14 commodities increased in prices, 25 fell and 61 remained unchanged on 31/05/2013.The largest rises were Silver (1.44%),Zinc (0.74%),Copper (0.64%),while the largest ...
Tags: China, Chemicals, Commodities Price
Indonesia's state-owned oil and gas company Pertamina has signed sales and purchase agreements with PTT Polymer Marketing, a unit of Thailand's PTT Global Chemical, for polyethylene and polypropylene products, a Pertamina official said ...
MarkWest Energy is selling some of its natural gas gathering facilities in West Virginia for $210 million as it focuses on growing processing needs elsewhere in the Marcellus and Utica shales, the company said Wednesday. The sale of these ...
Styrolution Europe has nominated a Eur25/mt increase in its polystyrene contract price for June from May, the company said Tuesday. The company did not provide an outright value for its contracts but added that the premium of its high ...
Tags: GPPS, Styrolution, Chemicals
Ascend Performance Materials experienced a plant-wide outage that caused unauthorized emissions at its Chocolate Bayou, Texas, chemical facility on Monday, the company said in a filing Tuesday with the Texas Commission on Environmental ...
Tags: Chemicals, Chocolate Bayou facility, Plant
Sustained weak demand from North Asian LNG end-users, reflected in the slump in spot prices, has shown little sign of recovering despite the start of the traditionally stronger summer season. Coming out of the April-May shoulder months, ...
Tags: Chemicals
Japan's Inpex signed Tuesday shipbuilding and shipping contracts for two new LNG tankers, which will deliver cargoes to its new Naoetsu import terminal as well as to Taiwan's CPC from the Ichthys project in northern Australia, a company ...
Tags: Inpex, Tanker Charter Deal, Chemicals