The time spread for gasoil swaps in Singapore narrowed 15 cents/barrel day on day to a seven-week low of plus 3 cents/b for April/May Wednesday, because of low regional gasoil demand and concerns over increased exports from China and India, ...
Tags: Chemicals, Metallurgy, Mineral, Energy
UOP LLC, a Honeywell company, announced it has been selected to provide technology to produce propylene in China. Fujian Meide Petrochemical Co. Ltd. will use Honeywell’s UOP C3 Oleflex process technology to convert propane to ...
Tags: propylene, UOP petrochemical, Textile
Wison Engineering Services Co. Ltd. China's largest private chemical EPC contractor announced that Wison Engineering Ltd, an indirect non-wholly owned subsidiary of the Company, has successfully completed the delivery of six projects of the ...
Luis Farias has an obsession. The vice president for energy and sustainability at CEMEX, the Mexican cement company worth more than $13 billion, is "obsessed" with reducing his company s carbon footprint. For the past several years, CEMEX ...
Tags: Construction, Decoration
China Petroleum and Chemical Corp, or Sinopec, has cut its ex-works prices of butadiene in East China by 5.41% effective Wednesday, market sources said. Offers from Sinopec's subsidiaries in eastern China, Yangzi Petrochemical, Shanghai ...
Tags: Petroleum, Chemical, butadiene price
LyondellBasell executives, led by CEO Jim Gallogly, told participants at the company's Investor Day in New York how LyondellBasell is preparing to build upon its record 2012 performance which included $5.8 billion of EBITDA and earnings of ...
Tags: Lyondellbasell, Record Performance, Textile
Saudi Arabia produced 9.15 million b/d in February and supplied 9.16 million b/d to markets as output fell by 100,000 b/d over January, but the OPEC kingpin is likely to raise production in the coming months as demand picks up, a Gulf ...
Tags: Oil market, Oil, oil prices
US commercial crude stocks are expected to have increased by 2.3 million barrels for the reporting week ended March 8, analysts polled Monday by Platts said. The American Petroleum Institute will release its weekly report at 4:30 p.m. EDT ...
Tags: refinery, crude oil imports, crude oil
Prices for renewable fuel credits cracked the $1 barrier Friday and RBOB prices settled sharply higher as the war of words over who is to blame for skyrocketing credits prices also escalated. The price for the traded Renewable ...
Tags: renewable fuel, skyrocketing credits prices, RBOB price
Germany-based company Rotocontrol is set to introduce its new systems at Propak Africa, taking place from 12 to15 March 2013 in Nasrec, Johannesburg. Rotocon, the local agent for the company in South Africa, will demonstrate RSC 340mm web ...
Tags: flexible packaging, carton board, packaging
Specialty metal and chemical product producer 5N Plus Inc of Montreal, Quebec, Canada has decided to close its indium antimonide (InSb) manufacturing operations in Trail, British Columbia over the next few months, laying off the 75 staff ...
Tags: 5N Plus, metal and chemical product, InSb manufacturing operations
The compact Allen-Bradley PowerFlex 525 AC drive will help machine builders and end users simplify equipment design and operation, and speed installation and configuration. Representing the first in the company's next generation of compact ...
Large US refiner Valero Energy sees Louisiana and California as among the destinations that will be served by its recent order of 5,320 new rail cars to move discounted inland crudes across the US, the company's chief operating officer said ...
Tags: Valero Energy, crudes, inland crudes
Magisto is refining the art of personal movie making with the ability to include photos and videos when creating and sharing video stories. The company, which provides the easiest way to create and share professional quality personal ...
Tags: Magisto, personal movie, sharing video
Shell's Nigeria unit may be forced to shut down completely its key Nembe Creek oil pipeline in the Niger Delta following repeated attacks on the facility by thieves siphoning crude, the chairman of Shell companies in Nigeria, Mutiu Sunmonu, ...
Tags: Shell, oil pipeline, oil