Asian propylene term contract discussions for 2016 are likely to conclude at larger discounts than this year due to an increase in supply in the region, market sources said this week. A source at a producer in South Korea estimated the ...
Tags: propylene, spot market
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
Malaysia's Petronas Chemicals Group said Tuesday that it has acquired three companies involved in the Refinery and Petrochemicals Integrated Development, or RAPID, project at Pengerang, Johor, from Petronas Refinery and Petrochemical Corp. ...
Tags: Malaysia's Petronas Chemicals, acquisition, petrochemical products
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
Tianjin and Beijing may be separated by a mere 30 minutes of rail, but the two cities have definitely maintained their own unique flavors of culture, dialect, and cuisine. Chopsticks & Beyond took to Tianjin last Friday, where the cooking ...
Tags: food industry, chefs, contestants
German petrochemicals producer BASF said July 24 that it expected the economic slowdown in China, margin volatility and growth uncertainty in Europe to be the biggest risks to growth for its chemicals division during the second half of the ...
Tags: Petrochemicals, oil
China's appetite for imported naphtha has grown since the start of the year on the back of strong demand from petrochemical producers, market sources and traders said this week Imports of the petrochemical feedstock over January-April ...
Tags: Imported Naphtha, Naphtha
Warrnambool Cheese and Butter Factory (WCB), a subsidiary of dairy giant Saputo, has completed the previously announced acquisition of Lion Dairy & Drinks' (LDD) everyday cheese business (EDC Business) for A$137.5m ($107.3m). The ...
Organic rice and rice products manufacturer Lundberg Family Farms has introduced two new rice cake offerings. The new Thin Stackers and Sweet Dreams will be an addition to Lundberg's existing range of healthy snacking options. Lundberg ...
Tags: rice products, Rice Cakes
Australia based Warrnambool Cheese and Butter Factory (WCB) has agreed to acquire the everyday cheese business (EDC Business) of Lion-Dairy & Drinks (LDD), in a A$137.5m ($107.3m) deal. With this transaction, WCB will boost its ...
Tags: Cheese, Butter, Lion Dairy
Irish bakery Foods of Athenry has expanded its export business to the UK after securing new deals with upmarket department store Harrods and speciality distributor Cotswold Fayre. To date, they have won 38 Taste Awards for their unique ...
Tags: snack time, healthy products, Agriculture
West Bengal based and since long ailing, Haldia Petrochemicals Ltd (HPL) is expected to reopen its plant as lenders have agreed to infuse fresh funds into the loss making company. After Purnendu Chatterjee, chairman of The Chatterjee ...
Tags: technical snag, Textile
Most of the traditional January or Boxing Day sales now start online before Christmas, even before you've had a chance to pull a cracker. Retailers are not obliged to give you a refund or an exchange if you simply decide you don??t want ...
Tags: Boxing Day, Christmas
Inglesid Ethylene, LLC, a joint venture between Occidental Chemical (OxyChem) and Mexichem started construction of their ethylene cracker at OxyChem’s Ingleside, Texas complex. The partners say the project remains on schedule to ...
Tags: ethylene cracker, Textile
The Canadian Food Inspection Agency (CFIA) is warning people not to consume certain Macau Honghong brand Cracker products as they may contain sesame or almond which is not declared on the label. The products associated with the warning ...
Tags: Cracker, Agriculture