The US on Friday identified eight petrochemical companies it says are owned or controlled by the government of Iran and are therefore subject to sanctions. The US State Department also sanctioned two companies "for knowingly engaging in a ...
Tags: Metallurgy, Mineral, Energy, oil
Chemicals production in the European Union contracted 2.1% year-on-year in the first quarter, industry body Cefic said in its latest Chemicals Trends Report Friday. Monthly production data for March showed a 2.8% drop compared with March ...
Tags: Chemicals
Argentina's production of polymer and synthetic rubber fell 14.7% in April compared with the year-earlier period but was 4.1% higher than March, the government statistics office, Indec, said Thursday. Production of these petrochemicals in ...
Tags: Polymer Output, Chemicals
The availability of spot butane at the French Mediterranean port of Lavera is tight due to petrochemicals and export demand, according to industry sources Tuesday. During the summer, surplus butane from refineries at Lavera is used as an ...
Tags: Spot Butane, Export Demand
The newly appointed managing director of Kuwait's Petrochemical Industry Company), which is at the center of a political crisis over a $2.2 billion compensation payment to Dow Chemical, has said that implementation of a number of planned ...
Tags: Chemicals
The petrochemical companies of the Gulf countries should focus on the sustainability of the petrochemical supply chain in order to help the sector develop further, said Saleh Al-Shabnan, the vice-chairman of Gulf Petrochemical and Chemical ...
Tags: Textile
Brazilian President Dilma Rousseff Wednesday issued a decree to expropriate land in Rio de Janeiro state for pipelines to be built for Petrobras' Comperj refinery and petrochemicals project near Rio de Janeiro, which is currently under ...
Tags: Petrobras Comperj, Chemicals
Northeast Asian PET producers on Wednesday expressed concern about rising competition from Southeast Asian producers in the European market, after the EU Council removed antidumping duties on PET imports from five Asian nations. On ...
Tags: Dumping Duties, Pet Producers
Westlake Chemical Corporation announced that Mr. Michael J. Graff (57) and Mr. R. Bruce Northcutt (53) have been elected to the company's board of directors. Mr. Graff is Chairman and Chief Executive Officer of American Air Liquide ...
Tags: Westlake Chemical, BoD, Metallurgy, Mineral&Energy
Saudi Arabia’s national science agency, King Abdulaziz City for Science and Technology (KACST), is keen on developing research and programs to support the country’s petrochemical sector, said the president of KACST, Mohammed bin ...
Tags: Saudi Arabia, Petrochemical, KACST
SIBUR will showcase its polymer products and investment projects, earmarked for export to China and other Asian countries, at Chinaplas, Asia’s largest petrochemical products exhibition in Guangzhou, China. The main focus will be on ...
EU chemicals production in February dropped 2.3% year on year while the overall EU chemicals industry confidence indicator continued to deteriorate in April, mainly due to lower order-book assessments, industry body Cefic said Thursday. ...
Tags: Chemical Output, Chemical
The oil complex settled lower Monday on bearish China data and increased OPEC production, amid weak fundamentals in the US. NYMEX June crude settled 87 cents lower at $95.17/barrel, having traded in a $94.47-$95.68/b range throughout the ...
Tags: oil complex, oil
Chemical Marketing and Economics (CM&E), the business and investment group of the American Chemical Society’s New York Section (ACS NY), has awarded Marcelo Odebrecht, president and CEO of Odebrecht S.A., has been honored with the ...
Tags: CM&E Group, Construction
Indorama Corp, a Singapore-based textile raw material and petrochemicals producing firm, which marks its presence in India through its fully-owned subsidiary – Indorama Industries Ltd – has unveiled its plan to increase the ...
Tags: Indorama, textile raw material, textile