Initial nominations for US polymer-grade and chemical-grade May propylene contract prices are calling for a rollover at 71 cents/lb and 69.50 cents/lb, respectively, sources said Friday. ExxonMobil Chemical is the only producer with ...
Tags: Propylene, chemical-grade
US spot ethylene settled at a 12-week high Thursday to be assessed at 56.5-57 cents/lb FD USG, up 3 cents/lb week on week, as a delay in the startup of a major transmission line between Texas and Louisiana, tightening supply amid a busy ...
Russia-based TMK, one of the world's leading oil and gas steel pipe producers, has announced its production results for the first quarter of the current year. In the given quarter, TMK shipped 1.022 million mt of pipes to customers, down ...
Tags: oil, gas steel pipe
Minnesota Congressman Rick Nolan announced Thursday a legislative initiative to require that 100 percent of new pipelines in the US are made with US-produced steel. Currently, the 100 percent steel requirement (also known as the ...
Tags: pipelines, US-produced steel
An explosion Wednesday at Williams' 1.5-Bcf/d Opal Processing Plant in Wyoming was continuing to significantly cut into Rockies flows Thursday and helped lift Western spot gas and forwards prices. Prior to the incident, Opal plant ...
Tags: Forward Gas, Wyoming Pool
Anglo American said Thursday that it increased output of iron ore and metallurgical coal in the first quarter ended March 31, mainly due to a ramp-up in operations. Iron ore production rose 10% year on year to 11.3 million mt on increased ...
Tags: Iron Ore, Coal Output
US natural gas prices will remain in the $4/MMBtu range this year while production growth in Appalachian shales will continue to be feverish, a consultant's new study and Barclays said Thursday. The energy consultants at Arlington, ...
Tags: Natural Gas, natural gas prices
John Lewis Partnership plc published its annual report for 2014 today. Gross sales for John Lewis totalled £4.1b (+7.5%), with revenue of £3.3b (+7.4%) and an operating profit £226.1m (+4.3%). The online channel ...
Tags: economy
For fiscal second-quarter 2014 (ending 28 March), Skyworks Solutions Inc of Woburn, MA, USA (which manufactures analog and mixed-signal semiconductors) has reported revenue of $481m, down 4.8% on $505.2m last quarter but up 13% on $425.2m a ...
Tags: Skyworks, Electrical, Electronics
Russia-based pipe producing company United Metallurgical Company (OMK) has stated that its subsidiary Vyksa Steel Works has started producing large diameter (LD) pipes for the first offshore section of the South Stream gas pipeline. ...
Tags: large diameter pipes, OMK
Nigeria is set to load 4.95 million barrels of Bonny Light in June, compared to 4.9 million barrels in May, according to a copy of the grade's loading schedule seen by Platts on Tuesday. There are currently five cargoes scheduled to load ...
Tags: Crude Oil, Light terminal
Trina Solar Limited announced two of its PV power plants in the United Kingdom have successfully completed connection to the grid. The company is an investor in and sole project developer for these projects, which have a total capacity of ...
Tags: Solar, Metallurgy, Mineral, Energy
Inazin Power Ltd, a leading developer of large renewable energy projects in the UK, announced the successful development and management of the build and connection of a further 73 MW of large scale solar parks. Working in conjunction with ...
Tags: Metallurgy, Mineral, Energy, Solar
According to the Economic and Steel Market Outlook 2014-2015/Q2 2014 Report from the Economic Committee of the European Steel Association (EUROFER), EU steel tube output fell by just 0.6 percent year on year in the fourth quarter of 2013. ...
Tags: Steel Tube, Construction
Russia has agreed to ship 23 million mt of crude to Belarus this year, a spokeswoman for the Russian Energy Ministry said Friday. Russia is planning to ship 21 million mt by pipeline and a further 2 million mt by rail this year, the ...
Tags: Crude, oil products