BASF today inaugurated its new production plant for mobile emissions catalysts in Sroda Slaska, a Special Economic Zone near Wroclaw, Poland. The grand opening event was attended by a number of national and local government officials, ...
Tags: BASF, new production plant, Decoration
The Asian price spread between styrene monomer and its main feedstock benzene widened by $7.50/mt to $250/mt early Thursday afternoon following an SM plant outage in Europe, but high stocks in China were expected to limit the widening of ...
Tags: Chemicals, Metallurgy, Mineral, Energy
Northwest European spot styrene values rallied $45/mt or 3% Wednesday morning in reaction to the fire that broke out at Ellba's styrene monomer/propylene oxide plant at Moerdijk, the Netherlands. Styrene end-users and consumers stepped ...
Tags: spot styrene, specific material
The European Commission has published a revised and extended list of Critical Raw Materials, based on threatened supply coupled with economic importance. The 2014 list includes 13 of the 14 materials identified in the previous list of ...
Tags: Raw Materials, coking coal
Northwest European spot prices for vinyl acetate monomer tumbled Eur70/mt Thursday under pressure from Asian imports, according to Platts data. The European spot price for VAM was assessed at Eur1,560/mt FD NWE ($2,162.63/mt), down from ...
Tags: Vinyl Acetate Monomer, NWE
Global petrochemicals producer Oxea is to raise its European production capacity of dioctyl terephthalate (DOTP), a general-purpose plasticizer, by 50,000 mt/year by the fourth quarter of 2015, it said Monday. Oxea has signed a memorandum ...
Tags: petrochemicals, Oxea, dioctyl terephthalate
The spread between the spot prices for acetic acid and vinyl acetate monomer in Europe surged to an all-time high of Eur1,040/mt ($1,444/mt) Thursday, as VAM prices soared and feedstock AA prices remained stable. In December last year, the ...
Japanese automaker Nissan Motor is set to invest more than EUR2bn to boost its production in Europe in 2014. The electric carmaker also plans to launch 14 new models in the continent this year. Nissan will boost production in Spain ...
Tags: Nissan, Auto Parts
European high density polyethylene imports were up 13.5% for the first eleven months of 2013 compared to same time period in 2012 driven by reduced HDPE production in Europe, Eurostat data showed Wednesday. EU-28 imported 1,061,966 mt of ...
Tags: Polyethylene, European Production
CRAiLAR Technologies Inc., which produces and markets CRAiLAR Flax fiber The Friendliest Fiber On The Planet, announced that it has completed a General Supply Agreement and CA$3.2 million of financing with Ikea. IKEA has extended the ...
Tags: Flax Fiber, Ikea
Despite the transformative impact that shale gas has had on the outlook of US energy markets, the European landscape regarding shale gas is very mixed and markets should exercise caution as multiple issues may slow progress, according to a ...
Volvo's truck deliveries jumped by 47 percent year-over-year for the month of October in North America. North American Volvo-brand truck deliveries gained 34 percent year-over-year to 2,880, and Mack’s gained 83 percent to 1,931. ...
By the end of 2014, BASF will have built a new European center of expertise for its flooring and waterproofing systems at the BASF Coatings GmbH site in Oldenburg, Germany. The company is investing in the production and development of ...
Tags: Waterproofing Systems, BASF
Growth in worldwide demand for packaging machinery is expected to climb at a 4.6% annual pace through 2017 to $41.8 billion, according to a new study by The Freedonia Group. The study analyzes the currently $33.4 billion world packaging ...
Infiniti, the luxury vehicle division of Japanese automaker Nissan Motor, is set to expand its production plant in Sunderland, UK, as part of its GBP250m investment in the country. The company has received planning approval for the ...
Tags: Infiniti, Vehicle Production Plant