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
The government of Pakistan’s Punjab province is fully aware about the gas and power crisis issue hindering the textile industry and is working on war footing to address the same, state Chief Minister Muhammad Shahbaz Sharif said ...
Tags: Energy Crisis, APTMA
Caustic soda also known as sodium hydroxide and NaOH is the natural co- product of chlorine production. Firstly it was introduced by Nicolas Leblanc, a French chemist. It is a widely used chemical in industrial processes and constituents an ...
Tags: Caustic Soda, Chemicals
From January to June, the industrial profits of enterprises above designated size achieved 2,583.66 billion yuan, an increase of 11.1 percent over the same period last year, 1.2 percentage points lower than that in the first five months. Of ...
Tags: Industrial Profits
Convex Plastics has developed two compostable form, fill seal and pre-made vacuum-sealed packs for Australian coffee roaster Coffico Coffee’s Leaf Organic range. According to the New Zealand-based company, the Econic rewind film ...
Tags: Convex Plastics, Packaging
China's benzene imports plunged to a 10-month low of 15,112 mt in June, down 80.7% from May due to cheaper domestic cargoes amid high inventories, data released Tuesday by the General Administration of Customs showed. In June, the average ...
Tags: benzene imports, China Petroleum
State-owned China National Petroleum Corp said Wednesday it has signed a cooperation agreement with US-based Hess for a block in China's western Xinjiang province. CNPC said the contract for the Malang block in the Santanghu Basin was ...
Tags: Santanghu Block, Chemicals
Canadian distributor Market Solutions International, which services the oil sands region of Canada, recently purchased 100% recycled STRUXURE® Construction Mats from AXION. The 16 ft long mats are to be used in Northern Alberta as a ...
Trinity Packaging Corp. is a privately held family business. Founded in 1917 as a paper bag converter, Trinity Packaging installed its first plastics extruder in 1979. Since then it has expanded its focus to include the flexible films ...
OPEC would need to cut production sometime in the second half of 2013 or early 2014 to stave off "a large drop in prices," Kuwait's leading bank said in a report over the weekend. In its latest economic bulletin, released late Sunday, the ...
Tags: Crude Output, Kuwait Bank
H.B. Fuller Company has been awarded a patent for a hot melt adhesive composition comprised of a thermoplastic polymer comprised of ethylene copolymer selected from the group consisting of ethylene vinyl acetate, ethylene n-butyl acrylate, ...
India and Iraq have expressed keen interest in setting up refineries and petrochemical plants in Iraq. According to an official statement issued in New Delhi, Union Minister for Petroleum and Natural Gas M Veerappa Moily led a ...
Tags: Petrochemical Plants, Textile
US rail transport of petroleum and petroleum products in the week ended Saturday totaled 13,203 cars, up 19.7% from the corresponding week in 2012, the Association of American Railroads said Thursday. In the first 28 weeks of 2013, ...
Santos has made a fourth gas discovery offshore Western Australia at its Winchester-1 exploration well in the prolific Carnarvon Basin, the company said in a statement Thursday. Santos Vice President Western Australia and Northern ...
Tags: Santos, Gas Discovery
The UK's Petrofac has agreed to increase its stake in the Abu Dhabi-based Petrofac Emirates joint venture to 75% from 50% as the remaining state-owned holding is privatized, Petrofac said Thursday. Following both transactions, the ...
Tags: Petrofac Emirates, Chemicals