The 4th meeting of the Standing Council on Transport and Infrastructure (the Standing Council) has been held in Canberra to consider a wide range of transport initiatives and reforms. The Standing Council includes Transport, Infrastructure ...
Wholesale premiums for ultra low sulfur diesel, Europe's dominant fuel, hit a five-month high Thursday, boosted by reduced production at refineries and low import volumes from the US and India, said traders Friday. The Northwest European ...
Tags: Refinery Run, Force Diesel Price
The European ETBE premium to MTBE hit the highest since April 12 Tuesday due to stronger market fundamentals, according to Platts data and trading sources. The ETBE premium to MTBE rose to $54.75/mt at Tuesday's market close from ...
Sensing a need among its customers for faster software development, IBM has acquired UrbanCode, a provider of tools suited for the emerging practice of rapid software development called devops. UrbanCode's application release automation ...
Tags: IBM, Computer Products, software
Arbitrage shipments of styrene monomer from the US and Europe are set to arrive in China in late May and June, likely widening the backwardation between the two months in the Asian SM market, trade sources said Thursday. Around ...
Tags: SM Arbitrage Cargoes, Chemicals
The Australasian Railway Association welcomed the release of draft legislation for new tax incentives that will promote investment in public infrastructure. "Any initiative that will encourage private sector investment into major ...
LyondellBasell has settled its April Northwest European styrene monomer contract price at Eur1,413/metric ton ($1,837/mt) FCA Rotterdam, one of the company's customers confirmed Friday. LyondellBasell wasn't immediately available Friday ...
Tags: LyondellBasell, Chemicals
European benzene's premium to naphtha has topped the $450/mt mark for the first time since the start of February, as naphtha languishes at multi-month lows and benzene rises despite seemingly weak fundamentals. The benzene-naphtha spread ...
Tags: NWE, Benzene-Naphtha, Chemicals
The Federal Opposition leader has demonstrated that he simply does not understand public transport, says the Australasian Railways Association. “Comments today that an incoming Abbott Government would cut all urban rail funding ...
Tags: rail funding, economic, Tony Abbott
Rail safety organisation TrackSAFE has announced the top ten worst level crossings in each state, from the perspective of train drivers. TrackSAFE has written to state and federal transport ministers across the country, urging increased ...
Tags: Rail safety, transportation, TrackSAFE
European mixed xylene prices were under downward pressure from the sharp correction in Asian and US mixed xylenes prices. Market sources said European isomer-mixed xylenes were trading at $1,290/mt FOB ARA, down $10 from Platts' March 15 ...
Tony Abbott's pledge to improving road safety should be welcomed, but as the rail industry well knows, measures that get trucks off the roads will always be best option for improving road safety. It is only when the Coalition makes a ...
Tags: Service
Prices fell at the front of the curve in all over-the-counter US coal contracts assessed by Platts on Tuesday, with the Central Appalachian barge and rail (CSX) markets both having an ample volume of contracts cleared. In the CAPP rail ...
Tags: coal markets, coal, thermal coal
Traded volumes of OTC and exchange-cleared European-delivered thermal coal derivatives jumped to a three-month high of 132.47 million mt in February, according to London Energy Brokers' Association data Tuesday. API2 (CIF ARA) traded ...
Tags: thermal coal swaps, coal swaps volumes, coal swaps, coal
Reignited concerns over the domestic benzene demand as well as a stubbornly closed arbitrage to the US saw European benzene prices plunge below $1,300/mt for the first time since mid-October, Platts data show. Benzene barges were assessed ...
Tags: benzene, benzene demand, benzene barges