BRASKEM announces its results for the third quarter of 2012. Braskem ended the third quarter of 2012 with EBITDA of R$930 million, which increased 10% from the previous quarter and remained virtually stable compared to the same period of ...
Tags: Braskem, naphtha, resins, petrochemical products, thermoplastic resins
BASF is optimizing its organizational structure to better serve its customer industries and enhance its operational and technology excellence. The changes reflect the company's "We create chemistry" strategy which outlines how BASF aims ...
Tags: BASF, chemical, classical chemicals, functionalized materials, oil and gas
Sumitomo Chemical Co. Ltd. has announced variances between its consolidated financial forecast for the half-year ended September 30, 2012, previously announced on July 31, 2012, and the actual results for the same period announced. The ...
Tags: Sumitomo Chemical, financial forecast, shareholder, stable dividend
Thailand s Siam Cement Pcl doubled its forecast for sales growth of the construction material this year, but maintained its forecast for a fall in overall earnings as weak petrochemical prices dragged down third quarter profit. ...
Tags: market view, cement
Gulf Times reported that Qatalum, an equal JV between Norway's Hydro Aluminium and Qatar Petroleum ruled out direct involvement in downstream industries but its focus will be on capacity enhancement. Mr Tom Petter Johansen CEO of Qatalum ...
Tags: Qatalum, petroleum, aluminium, downstream industries
Taipei,Oct.12,2012--To beef up bilateral trade with the EU,the Bureau of Foreign Trade(BOFT)has instructed the Taiwan External Trade Development Council(TAITRA)to hold one-on-one buyer-supplier meetings,dubbed"2012 Trade with the EU"and the ...
Tags: Taipei, EU, TAITRA, bilateral trade
President of India, Mr. Pranab Mukherjee, has urged the chemical industry to focus on promoting sustainable development by increasing investment in green technologies. Inaugurating India Chem 2012, the President said the domestic ...
Tags: Pranab Mukherjee, chemical industry, sustainable development
UOP LLC, a Honeywell company, announced today that China's Jiutai Energy (Zhungeer) Co. Ltd. has licensed Honeywell's UOP methanol-to-olefins (MTO) technology to convert methanol from coal into key plastics building blocks. Honeywell's ...
Philippine snack food and beverage company Universal Robina(URC)is set to take complete control of its overseas business division URC International(URCI)by purchasing 23%stake held by investment firm International Horizons Investments for ...
Tags: stake, international operations, acquisition, accretive
L/LDPE The L/LDPE price bubble has truly burst with notations tumbling in June. Producers initially hoped to limit the downward price adjustment in line with the ?20/tonne drop in the June ethylene contract price but were swiftly forced to ...
Tags: market view, Plastics prices
Siam Cement, a barometer of Thailand s corporate health, posted April-June net profit of 4.28 billion Thai baht ($135 million), down from 7.49 billion baht a year earlier. Eleven analysts polled by Reuters had forecast an average net profit ...
Tags: market view, cement
Cattle on the Schilke Ranch in northwestern North Dakota, located on Bakken Shale. Photo: Jacki Schilke In a Brooklyn winery on a sultry July evening, an elegant crowd sips rosé and nibbles trout plucked from the gin-clear streams ...
Tags: Agriculture, Food
Heat exchangers, which are also known as heat transfers, are devices that are used to transfer heat from one fluid to another through a solid surface. Heat can be transferred through either heat absorption or dissipation. Heat exchangers ...
If emerging markets are supposed to provide an economic lift to the world economy these days, India’s plastics sector seems ready to oblige, with its leaders opening the PlastIndia trade show Feb. 1 by predicting they’ll ...
Tags: market view
Total Petrochemicals USA Inc. announced Nov. 11 that it will permanently shut down a 200 million pound per year polystyrene unit at its Carville, La., styrenics site. The line has been idle since the second half of 2010. “The balance ...
Tags: Market View, plastic