Ravi Sethi of ProcurianRaw material costs as a percentage of plastic packaging costs have been on a steady rise due to the long-term appreciation in crude oil prices, a key ingredient for resins. Crude oil prices have increased five-fold ...
Constructed to minimize its potential impact on the surrounding area, Momentive Specialty Chemicals Inc. (“Momentive Specialty Chemicals,” “MSC” or the “Company”) recently announced the successful ...
Chevron Phillips Chemical Company LP announced it received air permits from the Texas Commission on Environmental Quality (TCEQ) for its planned ethane cracker and polyethylene units. Additionally, Chevron Phillips Chemical received a ...
Tags: Chevron, Petrochemical Project
For most of us, a modern lifestyle without polymers is unthinkable…if only we knew what they were. The ordinary hardware-store terms we use for them include "plastics, polyethylene, epoxy resins, paints, adhesives, rubber" -- without ...
AGC announces that it will invest approximately 40 billion yen to significantly increase the production capacity of its Indonesian subsidiary P.T. Asahimas Chemical (ASC) to meet growing demand for chlor-alkali products, such as caustic ...
Tags: Caustic Soda, Textile
Braskem announces results for the second quarter. Net Revenue In 2Q13, Braskem’s consolidated net revenue was US$4.6 billion, similar to the previous quarter. In Brazilian real, net revenue amounted to R$9.5 billion, increasing 2% ...
Tags: Petrochemical
Mouvex is pleased to announce the availability of the SLC4 and SLC8 models of its Seal-less Drive Eccentric Disc Pumps. These pumps have been designed for use in general industry applications, as well as the handling of numerous ...
BASF is investing approximately €90 million to set up a world-scale production plant at the Shanghai Chemical Industry Park in Shanghai, China. The new plant will produce high performance resins and electrocoat (e-coat). The start-up ...
Tags: Construction, Basf, Chemical
A business group of Emerald Specialties Performance Materials LLC, Cuyahoga Falls, Ohio — has introduced FREEREZ? ZERO formaldehyde-free crosslinking resins for jeans and denim fabric wet processing. With the latest addition to its ...
Tags: Textile, crosslinking resins, jeans, denim fabric
PPG Industries' industrial coatings business has added DRAGONHIDE heavy-duty coatings to its lineup of polyurea-based protective coatings for trucks, commercial vehicles, heavy-duty equipment and other demanding applications. DragonHide ...
Tags: PPG, Protective Coatings, Coatings
Some of the best curing ovens are based on either Ultra violet or infrared systems. The systems offer many advantages including guaranteeing a cheaper process. It is important for manufacturers to find more efficient ways to cure resins and ...
Tags: Processing Machinery
German chemical firm BASF is investing about EUR90m to build a new plant at Shanghai Chemical Industry Park in China, for producing resins and electrocoat (e-coat) for use in automotive coatings. Scheduled to commence production during ...
Tags: BASF, Resin Plant, Automotive Coatings
In the second quarter of 2013, we generated a profit of $201 million compared to profit of $186 million for the second quarter of 2012. The increase was primarily due to lower finance costs in the second quarter of 2013. For the six ...
Tags: Profits, NOVA Chemicals
While there was a significant increase in the TEU throughput of Sydney Ports in the 2012-13 financial year, most of the increase was accounted for by empty containers. June 2013 total container trade reached over 172,600 TEU, up by 12.6% ...
Tags: Sydney's Ports, empty containers
The South Korea based Lotte Chemical is operating its Yeosu-based monoethylene glycol (MEG) plant at reduced rates. “The MEG plant is operating at 40 percent operating rates due to weak demand and lower prices of MEG,” a ...
Tags: Lotte Chemical, Textile