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
INEOS Olefins and Polymers USA (INEOS) and Sasol announced the signing of a Memorandum of Understanding (MOU) with the intent to form a joint venture to manufacture high-density polyethylene (HDPE). “This joint venture demonstrates ...
Tags: Polyethylene Plant, INEOS
Exploring ROI of Pneumatic Conveying from a Health and Safety PerspectiveDoan Pendleton, VP, VAC-U-MAX Workplace injuries in any organization take a bite out of profits. There is a wealth of data, statistics, and surveys from scores of ...
Tags: Industrial Equipment, Components, Conveying
Akzo Nobel N.V. reported a four percent decrease in revenues in the second quarter compared with the same period last year. The company reported that this was due to divestments and adverse currencies against a backdrop of continued ...
Tags: Akzonobel, Decorative Paints
Clariant has signed a long-term supply contract with OMV. From 2015, the Austrian oil and gas company will supply Clariant’s site in Gendorf, Germany with ethylene. This agreement will enable Clariant to source most of its ...
Tags: Clariant, Ethylene Supply
China imported 275,337 mt of methanol in June, 40% less than it did in May, data released by the General Administration of Customs on Tuesday showed. The fall can be explained by the high domestic methanol production in the country. Over ...
China's thermal coal imports in June fell 24% on the month to 9.75 million mt, the country's lowest monthly intake since February when imports were severely impacted by the Lunar New Year holiday, according to China customs data released ...
Tags: Thermal Coal, Chemicals
Shell Chemical nominated its August US butadiene contract price down 25 cents/lb ($551/mt) from July to 41 cents/lb ($904/mt), sources said Monday. Shell Chemical could not be reached immediately to confirm the nomination. Market ...
The contango in the ARA benzene market is widening as July delivery dates are nearing expiration, sources said Monday. Benzene for August delivery is at a premium of around $15/mt over the material for balance of July, based on bids and ...
US Senate Commerce Committee Chairman Jay Rockefeller has asked the General Accountability Office to examine the impact of shale oil and gas development on pipelines, rail and other transportation infrastructure and safety, in light of the ...
The price spread between benzene and its main feedstock toluene plunged 26.7% day on day to a five-month low of $88/mt on an FOB Korea basis Wednesday, below breakeven levels, Platts data showed. Benzene has to be at a premium of ...
Tags: Benzene-Toluene, Chemicals
PPG Industries announced several executive appointments that are effective Aug. 1: Frank S. Sklarsky, executive vice president, finance, will be appointed executive vice president and chief financial officer, as previously announced, and ...
Tags: PPG Industries, Management Team
Wilmar International Limited, one of Asia's leading agribusinesses, and Elevance Renewable Sciences, Inc., a high-growth specialty chemicals company, have begun shipping commercial products, including novel specialty chemicals, to ...
Tags: Construction, Decoration
BASF has signed a contract with ROCKWOOL to sell BASF Wall Systems GmbH & Co. KG. The transaction comprises the German wall systems subsidiary including the Marktredwitz, Germany site. Currently, approximately 200 employees are working for ...
Tags: Construction, Decoration
Finding specialty chemicals of good quality is easy if you know where to begin the search. The reasons for using the chemicals are many. Finding them in time for your project is also important. That is why suppliers are trying to outdo each ...
Tags: Chemicals, Specialty Chemicals