Line space on Colonial Pipeline's distillate Line 2 on Wednesday fell back to the lowest point seen this year on a tighter US Gulf Coast/Atlantic Coast spread for ultra low sulfur diesel. Platts assessed line space on the 1.16 million b/d ...
The differential between the WTI frontline swap and the Dubai swap is at its widest since mid-January, possibly opening up arbitrage opportunities for imports into the US, Platts data showed. The December Dubai swap was trading at a ...
Tags: WTI frontline swap, Dubai swap, crude
HTC has reported revenues of NT$8.95 billion (US$276.8 million) for October, up 25.92% on month but down 43.2% on year. The October figures were the company's highest in six months. For the first 10 months of 2015, revenues amounted to ...
Tags: HIT, HTC, revenues, smartphone
Osram’s transformation is making further progress: the company has agreed to sell its 13.5% stake in the Chinese company Foshan Electrical and Lighting (Felco) to a subsidiary of Guangdong Rising Assets Management With this move, ...
An art exhibition kicked off at the clothing store JNBY in Beijing's Sanlitun on Sep 15. "Land, Devil & Night" curated by You Yang, Deputy Director of the Ullens Center for Contemporary Art (UCCA) presents artworks of artists He An, Lu ...
Chinese President Xi Jinping paid a four-day state visit to Britain from Oct 20 to 23, during which the two countries signed cooperation agreements worth a combined 40 billion pounds, including Chinese investment in a British nuclear power ...
Tags: China-Britain Rapport, closer ties
Spring Mountain Motor Resort & Country Club announced a new spec-racing series based around the award-winning 7th generation Corvette. The Michelin Corvette Challenge race series kicks off its inaugural season,February 20th, 2016 at the ...
South African paper and packaging firm Mondi has acquired 95% stake in a flexible packaging company KSP in South Korea. KSP operates a production plant in Seoul, in addition to having an interest in another plant in Thailand. Nearly ...
Platts EU 45 sugar FOB containers assessment for November shipment was assessed at a premium of $36/mt above the December (Z) White Sugar Futures (London 5) contract Friday, unchanged week on week. Last week Platts heard the first ...
Tags: Platts, Sugar Containers, Algerian Tender
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
Offers for Chinese domestic spot aluminum alloy ADC12 were steady after the fall last week on the sharp drop in primary aluminum prices, while trade remained thin as there was no significant change in physical buying interest, sources said ...
Tags: Aluminum Alloy, trade, vehicle sales
While Ford has made inroads into increased usage of aluminum sheet in its vehicles, it is still "too early" to expect additional steel-to-aluminum announcements from other major automakers such as Toyota and General Motors, Sean Stack, CEO ...
Tags: Ford, aluminum sheet, Steel
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
The 849 MW FitzPatrick nuclear power plant in Scriba, New York, will be shut permanently by late 2016 or early 2017, due to "the continued deteriorating economics of the facility," Entergy said Monday in a statement. The unit is licensed to ...