US benzene and toluene markets rose to two-month highs Tuesday to $2.35/gal ($703/mt) FOB US Gulf Coast and $2.25/gal ($684/mt) FOB USG, respectively. Sources attributed gains in both markets to stronger energy as NYMEX December crude ...
Long Range 1 tanker rates are soaring in Europe as vessels are delayed due to high storage levels in Europe, and the busy naphtha arbitrage to the East is rapidly eating into the available tonnage. LR1 rates on the Northwest Europe to ...
Tags: LR1 Tanker, Naphtha, ships
Dry bulk shipowners are heading toward 2016 with the prospect of one fewer cargo option on the key loading region of the US Gulf Coast, as new environmental legislation introduced by Beijing this summer could mean China will no longer be ...
A local UK council has validated the application for a proposed IGas project to drill two exploratory wells in order to evaluate geology and assess potential shale gas recovery, IGas announced in a statement Friday. Nottinghamshire County ...
An outbreak of cautious optimism in optics and laser markets is fueling the hope that the economic slowdown may be over. Not all vendors are cheerful however, with the order books of some in the materials processing sector continuing to ...
Financial results posted by leading chip manufacturer Intel and key lithography system supplier ASML suggest that demand in the microelectronics industry – a key sector for laser companies – is to remain strong. Following ...
Tags: ASML, microelectronics industry, laser
In 2014, in the APAC region alone, the consumption value of LED lamps used in general lighting is expected to reach $2.7 billion, increasing to $6.7 billion in 2019. These are the main conclusions of the latest market analysis by ...
Tags: LED Lamp, general lighting, decorative light
"Cloud Tibet", China's first Tibetan language search engine, is on course for release in August next year, the developer said on Tuesday. Development team head Tselo said the basic architecture had been finished and significant ...
Cities looking to beautify their neighborhoods through cleanup and restoration efforts can quickly and easily reduce unsightly graffiti with Sherwin-Williams Protective & Marine Anti-Graffiti Coating. The coating prevents graffiti from ...
Tags: Sherwin-Williams, Anti-Graffiti Coating, graffiti problems
British Virgin Islands-based packaged food company Nomad Foods has completed the acquisition of frozen food brand Findus Sverige AB for £500m from LionGem Sweden 1 AB. The acquisition includes Findus' European businesses in ...
Tags: Nomad Foods, frozen food, Findus
Pakistan is set to regain ground in the Asian beverage-grade ethanol market amid recent surge in Brazilian ethanol -- the predominant source of grade B product currently, market sources said Tuesday. With several Pakistani sellers set to ...
Tags: freight rates, Grade B Ethanol, price
Hydrous fuel ethanol prices in Center-South Brazil surged on Tuesday to be assessed by Platts at Real 1,950/cu m on ex-mill Ribeirao Preto, up 7% from a week ago and a new all-time high. Hydrous fuel ethanol is used in Brazil as a ...
Tags: Hydrous fuel, ethanol, gasoline
The Northwest European styrene monomer premium over feedstock costs has fallen to a 2015 low, Platts calculations show, as a balanced market left consumers eager to normalize November spreads over feedstocks to levels similar to the start ...
Tags: Styrene, feedstocks, premiums
ExxonMobil Chemical has delayed a 5 cents/lb November polyethylene increase for buyers in the US and Canada, multiple market sources said Monday. A buyer source said ExxonMobil would attempt to implement the 5 cents/lb increase in ...
Tags: Exxonmobil, Polyethylene, Sources
Northwest European styrene monomer spot offtake remains lackluster this week on the back of supply length, with buyers predicting lower prices in the coming weeks and industry consumers keen to reduce stock levels for the end of the year, ...
Tags: styrene, Offtake Lackluster, styrenics products, Discounts